Front Matter

Front Matter

Author(s):
International Monetary Fund
Published Date:
June 1994
    Share
    • ShareShare
    Show Summary Details

    SELECTED DECISIONS

    AND SELECTED DOCUMENTS OF THE INTERNATIONAL MONETARY FUND

    NINETEENTH ISSUE

    WASHINGTON, DC

    JUNE 30, 1994

    Preface

    This volume is the Nineteenth Issue of Selected Decisions of the International Monetary Fund and Selected Documents. It contains the decisions, interpretations, and resolutions of the Executive Board and the Board of Governors of the International Monetary Fund, as well as selected documents, to which frequent reference is made in the current activities of the Fund. In addition, the volume contains certain documents relating to the Fund and the United Nations. With few exceptions, the decisions are of a general nature and relate to certain obligations, policies, and procedures under the Articles of Agreement.

    The Fourteenth Issue had an accompanying Annex containing bilateral borrowing agreements entered into by the Fund for the financing of the Enlarged Access Policy and for the financing of the ESAF Trust and associated lending, as well as related decisions adopted by April 30, 1989. This Annex volume, published in 1989, may still be used as an Annex to the Nineteenth Issue. Bilateral borrowing agreements entered into by the Fund in connection with the General Arrangements to Borrow are included in this volume.

    This issue contains the decisions published in the Eighteenth Issue that remain in effect, as well as new general decisions adopted after the publication of the Eighteenth Issue.

    Wherever reference is made in this volume to provisions of the Fund’s Articles or Rules and Regulations that have subsequently been renumbered by, or because of, the Second Amendment of the Fund’s Articles of Agreement (effective April 1, 1978), the corresponding provision currently in effect is cited in a footnote.

    The General Counsel

    FRANÇOIS P. GIANVITI

    Contents

    List of Decisions by Number

    NumberPage
    2-1356
    71-255
    117-1360
    170-33
    180-5357
    237-2337
    284-3205
    284-456
    286-1205
    287-355
    408-23
    446-4325
    534-3354
    574-2, as amended by 2620-(68/141)356
    597-4357
    102-(52/11)56
    144-(52/51)327
    201-(53/29)329
    270-(53/95), as amended by 876-(59/15) and 1151-(61/6)84
    343-(54/47)393
    433-(55/42)328
    541-(56/39)283
    649-(57/33)345
    876-(59/15), see 270-(53/95)
    955-(59/45)331
    1034-(60/27)332
    1151-(61/6), see 270-(53/95)
    1238-(61/43)55
    1289-(62/1), as amended by 1362-(62/32), 1415-(62/47), 4421-(74/132), 5792-(78/79), 6241-(79/144), 7337-(83/37), and 10175-(92/129)284
    1362-(62/32), see 1289-(62/1)
    1415-(62/47) see 1289-(62/1)
    2620-(68/141), see 574-2
    2772-(69/47), as amended by 4913-(75/207) 7602-(84/3), and 10183-(92/132)167
    3153-(70/95)334
    3179-(70/102)168
    3351-(71/51)169
    4134-(74/4)336
    4239-(74/67)216
    4254-(74/75)348
    4377-(74/114), as amended by 6339-(79/179), 6830-(81/65), 8885-(88/89), 10182-(92/132), and 10186-(92/132)96
    4421-(74/132), see 1289-(62/1)
    4913-(75/207), see 2772-(69/47)
    5069-(76/72)399
    5127-(76/91)169
    5220-(76/144)99
    5371-(77/51)395
    5392-(77/63), as amended by 8564-(87/59) and 8856-(88/64)8
    5508-(77/127)186,395
    5509-(77/127)312
    5563-(77/150) TR408
    5590-(77/163)250
    5591-(77/163)394
    5597-(77/171)172
    5694-(78/35), see 4773-(75/136)
    5702-(78/39) G/S as amended by 7096-(82/57)G/S216
    5703-(78/39), as amended by 6862-(81/81) and 8955-(88/126)212
    5704-(78/39)208
    5706-(78/39)95
    5709-(78/41)TR410
    5712-(78/41)7
    5719-(78/46)398
    5792-(78/79), see 1289-(62/1)
    5809-(78/88)214
    5832-(78/95)TR410
    5956-(78/180)S373
    5972-(78/189)TR408
    5973-(78/189)TR409
    6000-(79/1)S, as amended by 6438-(80/37)S374
    6001-(79/1)S375
    6006-(79/3)319
    6008-(79/3)320
    6026-(79/13), as amended by 10273-(93/15) and 10364-(93/67)13
    6053-(79/34)S, as amended by 6438-(80/37)S377
    6054-(79/34)S, as amended by 6438-(80/37)S379
    6056-(79/38)85
    6163-(79/96)320
    6172-(79/101)209
    6201-(79/121)TR411
    6202-(79/121)TR411
    6209-(79/124)S385
    6230-(79/140)90
    6241-(79/144), see 1289-(62/1)
    6266-(79/156)4
    6273-(79/158)G/S193
    6274-(79/158)194
    6275-(79/158)G/S196
    6336-(79/178) S381
    6337-(79/178) S382
    6339-(79/179), see 4377-(74/114)
    6352-(79/183)196
    6358-(79/188)TR, as amended by 8640-(87/101) S/TR412
    6368-(79/191)S373
    6437-(80/37)S383
    6438-(80/37)S, see 6000-(79/1)S, 6053-(79/34)S, and 6054-(79/34)S
    6466-(80/68)TR412
    6467-(80/71)S366
    6484-(80/77)S368
    6486-(80/77)S369
    6487-(80/77)S369
    6488-(80/77)S369
    6489-(80/77)S369
    6540-(80/98)TR413
    6609-(80/126)S369
    6631-(80/145)G/S361
    6663-(80/160)S207
    6676-(80/168)TR412
    6683-(80/185)G/TR, as amended by 8523-(87/25)SBS and 8941-(88/122)SBS416
    6704-(80/185)TR252,414
    6709-(80/189) S364
    6718-(81/1)S369
    6772-(81/35)G/S198
    6774-(81/35)202
    6783-(81/40), as amended by 8885-(88/89)181,396
    6790-(81/43)346
    6793-(81/45)415
    6830-(81/65), see also 4377-(74/114)95,395
    6831-(81/65), as amended by 7059-(82/23)214
    6832-(81/65)S389
    6844-(81/75)322
    6845-(81/75)322
    6854-(81/78)SBS, as amended by 8184-(86/9)SBS422
    6862-(81/81), see 5703-(78/39)
    6870-(81/83), see 6863-(81/81)
    6908-(81/101)S369
    6925-(81/112), see 6863-(81/81)
    7041-(82/8)G/S390
    7059-(82/23), see 6831-(81/65)
    7060-(82/23)396
    7064-(82/26)S369
    7086-(82/42)S369
    7096-(82/57)G/S, see 5702-(78/39)G/S
    7116-(82/68)S391
    7142-(82/85)TR as amended by 8640-(87/101)S/TR413
    7229-(82/136)S369
    7246-(82/147)174
    7247-(82/147)170
    7337-(83/37), see 1289-(62/1)
    7403-(83/73)302
    7427-(83/83)16
    7558-(83/156)100
    7582-(83/174)S369
    7589-(83/181), see 7040-(82/7)
    7602-(84/3), see 2772-(69/47)
    7626-(84/23)S201
    7628-(84/25)299
    7629-(84/25)300
    7704-(84/78)215
    7707-(84/79)S369
    7754-(84/108)SBS423
    7842-(84/165)92
    7857-(84/175)100
    7908-(85/26)58
    7925-(85/38), as amended by 8887-(88/89)87
    7931-(85/41)358
    7941-(85/50)S201
    7989-(85/81)423
    7990-(85/81)252
    7999-(85/90)358
    8029-(85/105)253
    8037-(85/110)SBS424
    8160-(85/186)G/S363
    8165-(85/189)G/TR as amended by 8496-(87/3)G/TR, 8641-(87/101)G/TR, 8923-(88/110)G/TR, 10000-(92/58)G/TR, 10337-(93/49)G/TR, 10352-(93/49)G/TR, and 10551-(94/1)G/TR217
    8184-(86/9)SBS, see 6854-(81/78)SBS
    8185-(86/9)SBS/S423
    8186-(86/9)SBS/S370
    8192-(86/13)101
    8222-(86/45)47
    8238-(86/56)SAF, as amended by
    8497-(87/3)SAF, 8652-(87/105)SAF, 8758-(87/176)SAF, 9118-(89/40)SAF, 9490-(90/106)SAF, 9863-(91/156)SAF/ESAF, 10093-(92/94) SAF and 10353-(93/49)SAF253
    8239-(86/56) SAF371
    8240-(86/56)SAF, as amended by 8542-(87/36)SAF, 8651-(87/105)SAF, 8935-(88/118)SAF, 9117-(89/40)SAF 9986-(92/48)SAF, and 10184-(92/132)SAF260
    8241-(86/56)SAF263
    8265-(86/70)S201
    8271-(86/74)220
    8318-(86/104)S369
    8348-(86/122), as amended by 8481-(86-202) and 8482-(86/202)221
    8433-(86/175)217
    8442-(86/178)221
    8481-(86/202), see 8348-(86/122)
    8482-(86/202), see 8348-(86/122)
    8492-(87/1)SBS424
    8496-(87/3)G/TR, see 8165-(85/189)G/TR
    8497-(87/3)SAF, see 8238-(86/56)SAF
    8523-(87/25)SBS425
    see also 6683-(80/185)G/TR
    8542-(87/36)SAF, see 8240-(86/56)SAF
    8564-(87/59), see 5392-(77/63)
    8574-(87/64)S201
    8583-(87/72)101
    8619-(87/90)227
    8640-(87/101)S/TR see 6358-(79/188)TR and 7142-(82/85)TR
    8641-(87/101) G/S/TR, see 8165-(85/189)G/TR
    8642-(87/101)S/TR370
    8651-(87/105)SAF, see 8240-(86/56)SAF
    8652-(87/105)SAF, see 8238-(86/56)SAF
    8674-(87/117)SBS426
    8733-(87/159)295
    8757-(87/176) SAF/ESAF, as amended by 9987-(92/48) SAF/ESAF274
    8758-(87/176)SAF see 8238-(86/56)SAF
    8759-(87/176)ESAF, as amended by 9115-(89/40)ESAF, 9488-(90/106)ESAF, 9555-(90/146)ESAF, 9585-(90/161)ESAF, 10092-(92/94)ESAF, 10287-(93/23)ESAF, 10515-(93/162)ESAF 10530-(93/170)ESAF and 10532-(93/170)ESAF21
    8760-(87/176) as amended by 9989-(92/48) and 10531-(93/170)SAF277
    8780-(88/12)228
    8845-(88/61)ESAF as amended by 9988-(92/49)ESAF, and 10185-(93/132)ESAF 10533-(93/170)ESAF45
    8846-(88/61)ESAF46
    8856-(88/64) see 5392-(77/63)
    8861-(88/67), as amended by 8880-(88/84)229
    8880-(88/84), see 8861-(88/67)
    8885-(88/89), see 4377-(74/114) and 6783-(81/40)
    8887-(88/89), see 7925-(85/38)
    8897-(88/93)309
    8923-(88/110) G/TR see 8165-(85/189) G/TR
    8935-(88/118)SAF, see 8240-(86/56)SAF
    8937-(88/118)ESAF/S371
    8941-(88/122)SBS, see also 6683-(80/185)G/TR426
    8955-(88/126), as amended by 9101-(89/30), 9153-(89/59), 9391-(90/43), 9503-(90/114), 9586-(90/161), 9587-(90/161), 9588-(90/161), 9604-(90/170), 10071-(92/85), 10183-(92/132), 10186-(92/132), 10398-(93/89), and 10725-(94/58) see also 5703-(78/39) and 9101-(89/30)128, 394
    9028-(88/71), see 7599-(84/3) 7600-(84/3)
    9056-(89/2)ESAF47
    9101-(89/30), see 8955-(88/126) 9114-(89/40)SAF/ESAF275
    9115-(89/40)ESAF, see 8759-(87/176)ESAF
    9116-(89/40)ESAF277
    9117-(89/40)SAF, see 8240-(86/56)SAF
    9118-(89/40)SAF, see 8238-(86/56)SAF
    9135-(89/46)233
    9153-(89/59) see 8955-(88/126)
    9189-(89/77)102
    9222-(89/97)SBS427
    9326-(89/167) see 7599-(84/3) and 7600-(84/3)
    9331-(89/167) as amended by 9693-(91/48), 10056-(92/78)118
    9391-(90/43) see 8955-(88/126)
    9403-(90/53)176
    9471-(90/98)236
    9476-(90/101), see 7599-(84/3) and 7600-(84/3)
    9487-(90/106)SAF/ESAF as amended by 9776-(91/96) SAF/ESAF275
    9488-(90/106)ESAF see 8759-(87/176) ESAF
    9490-(90/106)SAF, see 8238-(86/56)SAF
    9499-(90/111), as amended by 10072-(92/85) and 10159-(92/122)15
    9503-(90/114), see 8955-(88/126)
    9510-(90/122)SBS428
    9549-(90/146)G/S363
    9555-(90/146)ESAF, see 8759-(87/176) ESAF
    9585-(90/161)ESAF, see 8759-(87/176)ESAF
    9586-(90/161), see 8955-(88/126)
    9587-(90/161), see 8955-(88/126)
    9588-(90/161), see 8955-(88/126)
    9604-(90/170), see 8955-(88/126)
    9693-(91/48), see 9331-(89/167)
    9776-(91/96) SAF/ESAF, see 9487-(90/106) SAF/ESAF
    9788-(91/105)428
    9790-(91/106)102
    9808-(91/114)SAF/ESAF275
    9809-(91/114) SAF276
    9862-(91/156)323
    9863-(91/156)SAF/ESAF, see 8238-(86/56) SAF
    9986-(92/48)SAF, see 8240-(86/56) SAF
    9987-(92/48) SAF/ESAF, see 8757-(87/176) SAF/ESAF,
    9988-(92/49)ESAF, see 8845-(88/61)
    9989-(92/48) see 8760-(87/176)
    10000-(92/58) G/TR see 8165-(85/189)G/TR
    10056-(92/78), see 9331-(89/167)
    10071-(92/85), see 8955-(88/126)
    10072-(92/85), see 9499-(90/111)
    10089-(92/94) SAF/ESAF276
    10090-(92/24) SAF276
    10092-(92/94) ESAF, see 8759-(87/176)ESAF
    10093-(92/94), see 8328-(86/56) SAF
    10159-(92/122), see 9499-(90/111)
    10168-(92/127)16
    10175-(92/129), see 1289-(62/1)
    10176-(92/129)295
    10181-(92/132)185
    10182-(92/132), see 4377-(74/114)
    10183-(92/132), see 2722-(69/47) and 8955-(88/126)
    10184-(92/132) SAF, see 8240-(86/56) SAF
    10185-(92/132)ESAF, see 8845-(88/61) ESAF
    10186-(92/132), see also 4377-(74/114) and 8955-(88/126)168
    10225-(92/147) S370
    10235-(92/149)311
    10273-(93/15), see also 6026-(79/13)15
    10278-(93/19) S202
    10279-(93/19)199
    10286-(93/23) ESAF280
    10287-(93/23) ESAF see 8759-(87/176)
    10305-(93/32)358
    10337-(93/49) G/TR see 8165-(85/189) G/TR
    10340-(93/54), as amended by 10549-(94/1)239
    10341-(93/54), see 9471-(90/98)
    10348-(93/61) STF177, 397
    10352-(93/49) G/TR see 8165-(93/49) G/TR
    10353-(93/49) SAF see 8238-(86/56)SAF
    10362-(93/67)16
    10364-(93/67), see 6026-(79/13)
    10365-(93/67)51
    10391-(93/86), as amended by 10552-(94/1) and 10554-(94/1)242
    10398-(93/89), see 8955-(88/126)
    10464-(93/130)103
    10500-(93/148)186
    10515-(93/162)ESAF see 8759-(87/176) ESAF
    10530-(93/179)ESAF see also 8759-(89/176) ESAF38
    10531-(93/170)SAF see also 8760-(87/176)279
    10532-(93/170)ESAF, see 8759-(87/176) ESAF
    10533-(93/170) ESAF, see 8845-(88/61)ESAF
    10534-(93/170)ESAF47
    10535-(93/170)SAF38, 262
    10547-(94/1), see 9331-(89/167)
    10549-(94/1), see 10340-(93/54)
    10551-(94/1)G/TR, see 8165-(85/189)G/TR
    10552-(94/1), see 10391-(93/86)
    10554-(94/1), see 10391-(93/86)
    10575-(94/4)549
    10597-(94/14)ESAF38
    10598-(94/14)SAF262
    10660-(94/38)243
    10662-(94/38)238
    10704-(94/52245
    10705-(94/52)245
    10706-(94/52)246
    10716-(94/55)496
    10725-(94/58), see 8955-(88/126)

    Available in Annex to Fourteenth Issue

    NumberPage
    6843-(81/75)A76
    6863-(81/81), as amended by 6870-(81/83) and 6925-(81/112)A130
    6864-(81/81)A133
    7118-(82/114)A109
    7677-(84/64)A110, 144
    7955-(85/60)A156
    8460-(86/189)A128
    8486-(86/205)A159
    8643-(87/102)A90
    8831-(88/56)ESAFA3
    8832-(88/56)ESAFA8
    8833-(88/56)ESAFA17
    8834-(88/56)ESAFA21
    8835-(88/56)A21
    8892-(88/90)ESAFA27
    8893-(88/90)ESAFA32
    8894-(88/90)ESAFA37
    8895-(88/90)ESAFA41
    8933-(88/117)ESAFA48
    9016-(88/164)ESAFA54
    9030-(88/173)ESAFA57
    9060-(89/5)ESAFA67
    9120-(89/40)ESAFA63

    List of Board of Governors’ Resolutions

    NumberPage
    IM-6433
    6-8434
    24-12503
    29-7436
    29-8436
    29-9440
    29-10445
    31-2454
    34-2462
    34-3512
    38-1472
    43-1478
    44-1481
    44-5484
    45-1487
    45-2495
    48-2436-440
    48-3502
    48-4440-444

    Interpretations Under Article XXIX (a)

    Interpretations of Articles of Agreement (71-2)

    Unenforceability of Exchange Contracts: Fund’s Interpretation of Article VIII, Section 2(b) (446-4)

    Interpretation of Article IX, Section 7 (534-3)

    Interpretation of Article XII, Section 3(b)(i) and 3(f) (2-1)

    Interpretation of Article XXVI, Section 2* (343-(54-47))

      You are not logged in and do not have access to this content. Please login or, to subscribe to IMF eLibrary, please click here

      Other Resources Citing This Publication