- International Monetary Fund
- Published Date:
- December 2001
Financial Organization and Operations of the IMF
INTERNATIONAL MONETARY FUND
Sixth Edition, 2001
Please send orders to:
International Monetary Fund, Publication Services
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Unless indicated otherwise, statistical information is given for financial year 2001, which began May 1, 2000 and ended April 30, 2001. Current financial information is available on the IMF’s website (www.imf.org/external/fin.htm). The following conventions have been used in this pamphlet:
n.a. to indicate not applicable;
… to indicate that data are not available;
— to indicate that the figure is zero or less than half the final digit shown or that the item does not exist;
( ) to indicate that the figure is negative;
- between years or months (for example, 2000-01, or January-June) to indicate the years or months covered, including the beginning and ending years or months;
/ between years or months (for example, 2000/01) to indicate a fiscal or financial year.
“Billion” means a thousand million; “trillion” means a thousand billion.
“Basis points” refer to hundredths of 1 percentage point (for example, 25 basis points are equivalent to ¼ of 1 percentage point).
Minor discrepancies between constituent figures and totals are due to rounding.
All references to dollars are to U.S. dollars unless otherwise indicated; as of April 30, 2001, the SDR/U.S. dollar exchange rate was US$1 = SDR 0.790019, and the U.S. dollar/SDR exchange rate was SDR 1 = US$1.26579.
As used in this pamphlet, the term “country” does not in all cases refer to a territorial entity that is a state as understood by international law and practice. As used here, the term also covers some territorial entities that are not states but for which statistical data are maintained on a separate and independent basis.
This extensively revised edition of the pamphlet Financial Organization and Operations of the IMF is part of a broader effort to improve the transparency of all of the IMF’s financial activities. The IMF’s new financial statements, conforming fully with International Accounting Standards, are used in this pamphlet to present the financial operations in a generally recognized framework. The IMF’s external website contains current information on all elements of the IMF’s financial activities (www.imf.org/external/fin.htm) and is used widely by the interested public. This pamphlet provides the context and analytical background to the information on the website.
This new edition has been prepared by staff members of the Treasurer’s Department under the direction of Michael Wattleworth, Advisor. I would also like to acknowledge the valuable contribution of colleagues in the Policy Development and Review, Legal, and External Relations Departments. The views expressed in this pamphlet, including any legal aspects, are those of the IMF staff and should not be attributed to Executive Directors of the IMF or their national authorities.
This edition is current as of spring 2001. The pamphlet will be updated as warranted.
International Monetary Fund
Bank for International SettlementsCFF
Compensatory Financing FacilityCCL
Contingent Credit LineEAC
External Audit CommitteeEAP
Enlarged Access PolicyEFF
Extended Fund FacilityESAF
Enhanced Structural Adjustment FacilityFSAP
Financial Sector Assessment ProgramGAB
General Arrangements to BorrowGDDS
General Data Dissemination SystemGRA
General Resources AccountHIPC
Heavily Indebted Poor CountriesIAS
International Accounting StandardsIDA
International Development AssociationIMFC
International Monetary and Financial CommitteeISA
International Standards on AuditingMTI
New Arrangements to BorrowNPV
Net Present ValueOPEC
Organization of the Petroleum Exporting CountriesPIN
Public Information NoticePRGF
Poverty Reduction and Growth FacilityPRSP
Poverty Reduction Strategy PaperQFRG
Quota Formula Review GroupRAP
Rights Accumulation ProgramROSC
Report on the Observance of Standards and CodesSAF
Structural Adjustment FacilitySAMA
Saudi Arabian Monetary AgencySCA
Special Contingent AccountSDA
Special Disbursement AccountSDDS
Special Data Dissemination StandardSDR
Special Drawing RightSRF
Supplemental Reserve Facility