Index
(* indicates Decision as amended)
Decision No. 170-3 | Page 3 | |||||||
---|---|---|---|---|---|---|---|---|
A | Accounting by members for transactions with the Fund | 170-3 | 3 | |||||
Accounts: | ||||||||
Administrative accounts, balances held not in excess of 0.1 per cent of quota, exclusion from Fund’s holdings of member’s currency | 7060-(82/23) | 300 | ||||||
Borrowed Resources Suspense Accounts | 6844-(81/75) | 217 | ||||||
6845-(81/75) | 218 | |||||||
7188-(82/114) | 203 | |||||||
General Account; see General Resources Account, below | ||||||||
General Resources Account: | ||||||||
Adjustment of currency holdings of members | 5590-(77/163) | 112 | ||||||
Exchange rate for Fund computations | 5590-(77/163) | 112 | ||||||
Level of Fund SDR holdings, maintenance | 6275-(79/158) G/S | 91 | ||||||
7131-(82/80) | 95 | |||||||
Purchase of SDRs for payment of charges | * 5702-(78/39) G/S | 110 | ||||||
Reimbursement for expenses of carrying out business of supplementary financing facility Subsidy Account | 6683-(80/185) G/TR | 327 | ||||||
Reimbursement for expenses of conducting business of Trust Fund | 5069-(76/72) | 303, 310 | ||||||
Sales of SDRs for payment of quota increases by members under 7th General Review of Quotas | 6663-(80/160)S | 100 | ||||||
Special Disbursement Account, transfers to supplementary financing facility Subsidy Account | 6683-(80/185) G/TR | 321, 322, 323 | ||||||
6704-(80/185) TR | 319 | |||||||
Special Drawing Rights Department, payment of net charges and assessments | 7116-(82/68)S | 295 | ||||||
Subsidy Accounts: | ||||||||
Oil facility | *4473-(75/136) | 329 | ||||||
Annual review and payments for financial year: | ||||||||
1981 | 6842-(81/71) | 332 | ||||||
1982 | 7104-(82/63) | 332 | ||||||
Supplementary financing facility: | ||||||||
Instrument | 6683-(80/185) G/TR | 321 | ||||||
Investment of currencies | 6854-(81/78) SBS | 328 | ||||||
Subsidy payments, July 1, 1981–June 30, 1982 | 7179-(82/102) SBS | 329 | ||||||
Transfer of funds from Special Disbursement Account following termination of Trust Fund | 6704-(80/185) TR | 319 | ||||||
Trust Fund, special accounts | 5069-(76/72) | 309 | ||||||
Adjustment process, international, review | 5392-(77/63) | 12 | ||||||
Administrative accounts; see Accounts | ||||||||
Andean Reserve Fund, prescription as holder of special drawing rights | 6486-(80/77)S | 274 | ||||||
Arab Monetary Fund, prescription as holder of special drawing rights | 6609-(80/126)S | 275 | ||||||
Articles of Agreement1 | ||||||||
Amendment, Second | B/G Res. 29-8 | 346 | ||||||
B/G Res. 29-10 | 357 | |||||||
Article I, purposes of the Fund | 287-3 | 19 | ||||||
433-(55/42) | 236 | |||||||
1034-(60/27) | 241 | |||||||
*4377-(74/114) | 27 | |||||||
*4773-(75/136) | 329 | |||||||
5069-(76/72) | 303 | |||||||
Article III, Section 2, adjustment of quotas | 408-2 | 3 | ||||||
Article III, Section 2(a), general review of quotas | B/G Res. 34-2 | 365 | ||||||
B/G Res. 38-1 | 376 | |||||||
Article IV: | ||||||||
Consultations | 5392-(77/63) | 13 | ||||||
6026-(79/13) | 15 | |||||||
6056-(79/38) | 21,23 | |||||||
6532-(80/93) | 16 | |||||||
6790-(81/43) | 259 | |||||||
6815-(81/52) | 16 | |||||||
7088-(82/44) | 17 | |||||||
7374-(83/55) | 17 | |||||||
Exchange arrangements | 5392-(77/63) | 13 | ||||||
5712-(78/41) | 8 | |||||||
Article IV, Section 3, surveillance over exchange rate policies | 5392-(77/63) | 10 | ||||||
6026-(79/13) | 15 | |||||||
6532-(80/93) | 16 | |||||||
6815-(81/52) | 16 | |||||||
7088-(82/44) | 17 | |||||||
7374-(83/55) | 17 | |||||||
Article V, Section 1 | *1289-(62/1) | 125 | ||||||
7337-(83/37) | 139 | |||||||
Article V, Section 3, application of Fund policies to purchases of currency borrowed by Fund | *1289-(62/1) | 122 | ||||||
7337-(83/37) | 136 | |||||||
Article V, Section 3(a), “consistent with the provisions of this Agreement,” meaning | 287-3 | 18 | ||||||
Article V, Section 3(b) (iii), waiver | 4241-(74/67) | 81 | ||||||
*377-(74/114) | 30 | |||||||
5508-(77/127) | 37 | |||||||
6783-(81/40) | 45 | |||||||
Article V, Section 3(d): | ||||||||
Sale of members’ currencies for repurchases | 5704-(78/39) | 102 | ||||||
Selection of currencies in purchases | 6273-(79/158) G/S | 88 | ||||||
6274-(79/158) | 89 | |||||||
6352-(79/183) | 92 | |||||||
6774-(81/35) | 96 | |||||||
Article V, Section 3(f), transfers of SDRs | 6275-(79/158)G/S | 91 | ||||||
Article V, Section 5, limitation on use of Fund’s resources | 284-3 | 99 | ||||||
286-1 | 99 | |||||||
Article V, Section 6, sale of SDRs by the Fund | 6663-(80/160)S | 100 | ||||||
Article V, Section 6(b), transfers of SDRs by the Fund | 6274-(79/158) | 89 | ||||||
6774-(81/35) | 96 | |||||||
Article V, Section 7, repurchases | *1289-(62/1) | 122 | ||||||
*5703-(78/39) | 106, 107 | |||||||
5704-(78/39) | 102 | |||||||
5809-(78/88) | 108 | |||||||
7337-(83/37) | 136 | |||||||
Article V, Section 7(b), early repurchases | 5704-(78/39) | 101 | ||||||
6172-(79/101) | 103 | |||||||
6273-(79/158)G/S | 88 | |||||||
Article V, Section 7(d), prompt repurchase of overcompensation under compensatory financing facility | 65 | |||||||
Article V, Section 7(i), guidelines for selection of currencies used in repurchases | 6274-(79/158) | 89 | ||||||
6774-(81/35) | 96 | |||||||
Article V, Section 8, media of payment of charges | *5702-(78/39)G/S | 110 | ||||||
Article V, Section 8(b), charges | *5703-(78/39) | 105 | ||||||
6008-(79/3) | 171 | |||||||
7060-(82/23) | 300 | |||||||
Article V, Section 8(b), (c), and (d), charges | 4239-(74/67) | 110 | ||||||
Article V, Section 9(a), remuneration | 7060-(82/23) | 300 | ||||||
Article V, Section 11, adjustment of Fund’s holdings of members’ currencies | 5590-(77/163) | 113 | ||||||
Article V, Section 12(f)(ii), balance of payments assistance on special terms to low-income developing members in difficult circumstances | 6704-(80/185) TR | 320 | ||||||
Article VI, Section 1, use of Fund’s resources | 541-(56/39) | 116 | ||||||
1238-(61/43) | 18 | |||||||
Article VI, Section 3, controls on capital transfers | 541-(56/39) | 116 | ||||||
Article VII, replenishment of Fund’s holdings of currencie | 4242-(74/67) | 219 | ||||||
4635-(75/47) | 224 | |||||||
5508-(77/127) | 33 | |||||||
5509-(77/127) | 162 | |||||||
6783-(81/40) | 41 | |||||||
6843-(81/75) | 173 | |||||||
Article VII, Section 1, borrowing by Fund | *1289-(62/1) | 117 | ||||||
4242-(74/67) | 219 | |||||||
4635-(75/47) | 224 | |||||||
7337-(83/37) | 131 | |||||||
Article VIII: | ||||||||
Bilateralism | 433-(55/42) | 236 | ||||||
Consultations | 5392-(77/63) | 13 | ||||||
6815-(81/52) | 16 | |||||||
7088-(82/44) | 17 | |||||||
7374-(83/55) | 17 | |||||||
Retention quotas | 201-(53/29) | 239 | ||||||
Article VIII and Article XIV | 1034-(60/27) | 241 | ||||||
Article VIII, Sections 2, 3, and 4, acceptance of obligations | 1034-(60/27) | 241,242 | ||||||
Article VIII, Section 2(a): | ||||||||
Payments restrictions | 144-(52/51) | 235 | ||||||
3153-(70/95) | 244 | |||||||
Article VIII, Section 2(b), unenforceability of exchange contracts | 446-4 | 233 | ||||||
Article VIII, Section 3, multiple currency practices | 237-2 | 252 | ||||||
5712-(78/41) | 9 | |||||||
6790-(81/43) | 258 | |||||||
Article VIII, Section 7 | B/G Res. 34-3 | 390 | ||||||
Article IX, Section 7, privilege for communications | 534-3 | 262 | ||||||
Article XII, Section 3(b) (i) and 3(f) | 2-1 | 265 | ||||||
Article XII, Section 3(c): | ||||||||
Additional appointed Executive Directors | * 574-2 | 265 | ||||||
Determination of member’s entitlement to appoint Executive Director | 7060-(82/23) | 300 | ||||||
“The preceding two years,” meaning | 597-4 | 266 | ||||||
Article XIV: | ||||||||
Articles VIII and XIV | 1034-(60/27) | 241 | ||||||
Bilateralism | 433-(55/42) | 236 | ||||||
Consultations | 5392-(77/63) | 13 | ||||||
6815-(81/52) | 16 | |||||||
7088-(82/44) | 17 | |||||||
7374-(83/55) | 17 | |||||||
Retention quotas | 201-(53/29) | 237, 239 | ||||||
Article XIV, Section 1 | 1034-(60/27) | 242 | ||||||
Article XIV, Section 2: | ||||||||
Multiple currency practices | 237-2 | 252 | ||||||
Payments restrictions | 144-(52/51) | 235 | ||||||
3153-(70/95) | 244 | |||||||
Transitional arrangements | 446-4 | 234 | ||||||
Article XIV, Section 3 | 117-1 | 267 | ||||||
237-2 | 253 | |||||||
Article XVII, Section 3, other holders of special drawing rights | 6467-(80/71)S | 271 | ||||||
6484-(80/77)S | 274 | |||||||
6485-(80/77)S | 275 | |||||||
6486-(80/77)S | 274, 275 | |||||||
Article XVIII, allocation of special drawing rights | B/G Res. 24-12 | 386 | ||||||
B/G Res. 34-3 | 388, 398, 399, 400 | |||||||
Article XVIII, Section 2(d), allocations of special drawing rights to new participants | 5956-(78/180)S | 277 | ||||||
6368-(79/191)S | 277 | |||||||
Article XIX, Section 2(c): | ||||||||
Acceptance and use of special drawing rights by prescribed holders | 6467-(80/71)S | 271 | ||||||
Operations and transactions in special drawing rights between participants | *6000-(79/1)S | 278 | ||||||
6001-(79/1)S | 279 | |||||||
*6053-(79/34)S | 281 | |||||||
*6054-(79/34)S | 283 | |||||||
6336-(79/178)S | 285 | |||||||
6337-(79/178)S | 287 | |||||||
6437-(80/37)S | 288 | |||||||
Article XIX, Section 5, designation of participants to provide currency | 6209-(79/124)S | 289 | ||||||
Article XIX, Section 5(a) (i), designation plans | 6273-(79/158) G/S | 88 | ||||||
Article XIX, Section 6(b), abrogation of rules for reconstitution | 6832-(81/65)S | 293 | ||||||
Article XIX, Section 7(a), calculation of exchange rates | *1289-(62/1) | 124 | ||||||
7041-(82/8) G/S | 294 | |||||||
7337-(83/37) | 139 | |||||||
Article XX, Section 1, interest paid on holdings of special drawing rights | 6467-(80/71)S | 271 | ||||||
Article XX, Section 5, application against unpaid charges of special drawing rights acquired by participants after payment date | 7116-(82/68)S | 296 | ||||||
Article XXII | B/G Res. 34-3 | 390 | ||||||
Article XXIII, Section 1, suspension of operations and transactions in special drawing rights | 6467-(80/71)S | 273 | ||||||
Article XXVI, Section 2(a), ineligibility to use Fund resources | 343-(54/47) | 297 | ||||||
Article XXVI, Section 3 | *1289-(62/1) | 125 | ||||||
7337-(83/37) | 140 | |||||||
Article XXVII | *1289-(62/1) | 126 | ||||||
7337-(83/37) | 140 | |||||||
Article XXVII, Section 1 (a)(i), suspension of transactions covered by stand-by arrangements | *270-(53/95) | 47 | ||||||
Article XXIX (a), list of interpretations under | xxv | |||||||
Article XXX(c): | ||||||||
Exclusion of purchases and holdings under buffer stock facility | 5591-(77/163) | 298 | ||||||
Exclusion of purchases and holdings under compensatory financing of export fluctuations | 2836-(69/87) | 298 | ||||||
Exclusion of purchases and holdings under compensatory financing of fluctuations in the cost of cereal imports | 6860-(81/81) | 68 | ||||||
Exclusion of purchases and holdings under extended facility | 6830-(81/65) | 299 | ||||||
Exclusion of purchases and holdings under policy on enlarged access | 6783-(81/40) | 45 | ||||||
Exclusion of purchases and holdings under supplementary financing facility | 5508-(77/127) | 38 | ||||||
Exclusion of purchases under oil facility | 5371-(77/51) | 299 | ||||||
Exclusion relating to purchases in credit tranches | 6830-(81/65) | 299 | ||||||
Article XXX (f), freely usable currencies | 5719-(78/46) | 301 | ||||||
7337-(83/37) | 143 | |||||||
Schedule B, repurchases | *5703-(78/39) | 106, 107 | ||||||
5704-(78/39) | 102 | |||||||
6008-(79/3) | 171 | |||||||
Schedule B, paragraph 7 (b), use of amounts in excess of capital value available from gold sales for benefit of developing countries | 5069-(76/72) | 302 | ||||||
Schedule F, rules for designation | 6209-(79/124)S | 290 | ||||||
Schedule G, rules for reconstitution, abrogation | 6832-(81/65)S | 293 | ||||||
Schedule J | *1289-(62/1) | 125 | ||||||
7337-(83/37) | 140 | |||||||
Schedule K | *1289-(62/1) | 126 | ||||||
4242-(74/67) | 224 | |||||||
7337-(83/37) | 140 | |||||||
Schedule K, paragraph 1 | 5288-(76/167) | 155 | ||||||
5387-(77/61) | 160 | |||||||
Asian Development Bank, prescription as holder of special drawing rights | 7229-(82/136)S | 275 | ||||||
Assessments, payment in SDR Department; see Accounts, Special Drawing Rights Department, payment of net charges and assessments | ||||||||
Attribution of reductions in Fund’s holdings of currency | *6831-(81/65) | 108 | ||||||
6774-(81/35) | 98 | |||||||
Audit: | ||||||||
Oil facility Subsidy Account | *4773-(75/136) | 331 | ||||||
Supplementary financing facility Subsidy Account | 6683-(80/185) G/TR | 327 | ||||||
Trust Fund | 5069-(76/72) | 302, 309 | ||||||
Augmentation; see Purchase transactions, Augmentation | ||||||||
B | Balance of payments position: | |||||||
Assessment for assistance from Trust Fund | 5069-(76/72) | 305 | ||||||
Assessment for purposes of designation plans, operational budgets, and early repurchases | 6273-(79/158) G/S | 88 | ||||||
Discrimination for balance of payments reasons | 955-(59/45) | 240 | ||||||
Bank for International Settlements: | ||||||||
Borrowing agreement with Fund | *6863-(81/81) | 204 | ||||||
Deposit by Managing Director of currencies held in supplementary financing facility Sub-sidy Account | 6854-(81/78) SBS | 328 | ||||||
Prescription as holder of special drawing rights | 6484-(80/77)S | 274 | ||||||
B/G Res. 29-1 | 339 | |||||||
Trust Fund deposits denominated in SDRs | 5973-(78/189) TR | 314 | ||||||
Bank of Central African States, prescription as holder of special drawing rights | 7064- (82/26)S | 275 | ||||||
Bilateralism | 433-(55/42) | 236 | ||||||
955-(59/45) | 240, 241 | |||||||
Borrowing by the Fund: | ||||||||
Agreement with Bank for International Settlements | *6863-(81/81) | 204 | ||||||
Agreement with central banks and other official institutions | 6864-(81/81) | 207 | ||||||
Agreement with Saudi Arabian Monetary Agency | 6843-(81/75) | 173 | ||||||
Change in conversion arrangements | 7188-(82/114) | 203 | ||||||
Agreement with Swiss National Bank: | ||||||||
1976 | 5288-(76/167) | 152 | ||||||
1977 | 5387-(77/61) | 156 | ||||||
Interest, media of payment | 5331-(77/15) | 161 | ||||||
5488-(77/116) | 161 | |||||||
Transfer charges, media of payment | 5306-(77/2) | 161 | ||||||
5488-(77/116) | 161 | |||||||
Use of special drawing rights in repayment | 6485-(80/77)S | 276 | ||||||
Agreements between Fund and its members, memorandum of Director of the Legal Department of the Fund | 6843-(81/75), Annex | 199 | ||||||
Borrowed Resources Suspense Accounts | 6844-(81/75) | 217 | ||||||
6845-(81/75) | 218 | |||||||
7188-(82/114) | 203 | |||||||
Borrowed resources, use to finance purchases under arrangements providing enlarged access to Fund’s resources | 6783-(81/40) | 41 | ||||||
General Arrangements to Borrow: | ||||||||
Associated borrowing arrangements | 7337-(83/37) | 144 | ||||||
Charges | *1289-(62/1) | 121 | ||||||
“Outstanding borrowing and unused credit lines,” clause in respect of GAB in guidelines for Fund borrowing | 7040-(82/7) | 232 | ||||||
Revised text | 7337-(83/37) | 131 | ||||||
Swiss National Bank, participation of | 7337-(83/37) | 143 | ||||||
Switzerland, association of | 1712-(64/29) | 148 | ||||||
Text currently in effect | *1289-(62/1) | 117 | ||||||
Transferability of claims; see Transferability of claims | ||||||||
Use of credit arrangements for nonparticipants | 7337-(83/37) | 142 | ||||||
Guidelines | 7040-(82/7) | 231 | ||||||
Issuance of bearer notes by Fund | 6843-(81/75) | 173, 183, 190, 198 | ||||||
6864-(81/81) | 210, 211, 213, 215 | |||||||
Oil facility | 4242-(74/67) | 219 | ||||||
4635-(75/47) | 224 | |||||||
4916-(75/208) | 226 | |||||||
Authorization to make calls | 4741-(75/120) | 226 | ||||||
4917-(75/208) | 226 | |||||||
Calls, order | 4918-(75/208) | 227 | ||||||
Interest payment | 4242-(74/76) | 222, 223 | ||||||
4490-(74/140) | 227 | |||||||
4635-(75/47) | 225 | |||||||
4636-(75/47) | 227 | |||||||
4919-(75/208) | 228 | |||||||
Media of payments | 5441-(77/84) | 228 | ||||||
Transferability of claims | 5974-(78/190) | 229 | ||||||
Meaning of “net creditor position in the Fund” | 6008-(79/3) | 170 | ||||||
Supplementary financing facility: | ||||||||
Authorization to make calls | 6006-(79/3) | 170 | ||||||
Interest payment procedure | 6163-(79/96) | 171 | ||||||
Meaning of “net creditor position in the Fund” | 6008-(79/3) | 170 | ||||||
Replenishment of holdings of currencies | 5509-(77/127) | 162 | ||||||
Subsidy Account | 6683-(80/185) G/TR | 322 | ||||||
Buffer stock financing facility | *2772-(69/47) | 70 | ||||||
Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase” | 5591-(77/163) | 298 | ||||||
International Natural Rubber Agreement, 1979 | 7246-(82/147) | 78 | ||||||
International Sugar Agreement, 1977 | 5597-(77/171) | 75 | ||||||
International Tin Agreements: | ||||||||
4th | 3179-(70/102) | 71 | ||||||
3351-(71/51) | 72 | |||||||
5th | 5127-(76/91) | 73 | ||||||
6th | 7247-(82/147) | 74 | ||||||
Repurchases | *5703-(78/39) | 105 | ||||||
6th International Tin Agreement | 7247-(82/147) | 74, 75 | ||||||
1977 International Sugar Agreement | 5597-(77/171) | 77 | ||||||
International Natural Rubber Agreement, 1979 | 7246-(82/147) | 78, 79 | ||||||
C | Capital transfers: | |||||||
Controls by members | 541-(56/39) | 116 | ||||||
B/G Res. 29-10 | 355 | |||||||
Restrictions | 237-2 | 250 | ||||||
Use of Fund’s resources for | 1238-(61/43) | 18 | ||||||
B/G Res. IM-6 | 337 | |||||||
Central Bank of West African States, prescription as holder of special drawing rights | 6908-(81/101)S | 275 | ||||||
“Changing circumstances,” adaptation of multiple currency practices | 237-2 | 254 | ||||||
Charges: | ||||||||
Balances held in Fund’s administrative accounts not in excess of 0.1 per cent of quota not to be considered part of Fund’s holdings of member’s currency for calculation | 7060-(82/23) | 300 | ||||||
Borrowing agreements with Swiss National Bank | 5288-(76/167) | 154 | ||||||
5306-(77/2) | 161 | |||||||
5387-(77/61) | 158, 159 | |||||||
5488-(77/116) | 161 | |||||||
Enlarged access policy | 6783-(81/40) | 45 | ||||||
Extended Fund facility | *4377-(74/114) | 30 | ||||||
4720-(75/114) | 32 | |||||||
6838-(81/70) | 56 | |||||||
Future changes | 4239-(74/67) | 110 | ||||||
General Arrangements to Borrow | *1289-(62/1) | 121 | ||||||
Interest on Trust Fund loans; see Interest | ||||||||
Media of payment | *5702-(78/39)G/S | 110 | ||||||
Oil facility | 4241-(74/67) | 83 | ||||||
*4634-(75/47) | 87 | |||||||
Oil facility Subsidy Account; see Accounts, Subsidy Accounts Subsidy Accounts | ||||||||
Payment by nonparticipant in Special Drawing Rights Department | *5702-(78/39)G/S | 110 | ||||||
Payment of net charges and assessments in Special Drawing Rights Department, procedure when participants fail to hold ade-quate SDRs or to acquire them from other participants or Fund | 7116-(82/68)S | 295 | ||||||
Rate, effective May 1, 1982 | 7130-(82/80) | 111 | ||||||
Stand-by arrangements | 6838-(81/70) | 51 | ||||||
Supplementary financing facility | 5508-(77/127) | 38 | ||||||
Supplementary financing facility Subsidy Account; see Accounts, Subsidy Accounts | ||||||||
Committee on Reform of the International Monetary System and Related Issues | B/G Comp. Res. | 343 | ||||||
Final report and termination | B/G Res. 29-7 | 344 | ||||||
Support of extended Fund facility | *4377-(74/114) | 27 | ||||||
Voluntary Declaration on Trade and Other Current Account Measures | 4254-(74/75) | 259 | ||||||
Commodities (see also Buffer stock financing facility; Compensatory financing …): | ||||||||
Reclassification where subject to multiple currency practices | 237-2 | 252, 254 | ||||||
Communications, privilege for | 534-3 | 262 | ||||||
Compensatory financing of export fluctuations | 6224-(79/135) | 61 | ||||||
Exclusion of purchases and holdings for purpose of definition of reserve tranche purchase | 2836-(69/87) | 298 | ||||||
Integration of assistance with that available under decision on compensatory financing of fluctuations in the cost of cereal imports | 6860-(81/81) | 66 | ||||||
Repurchases | *5703-(78/39) | 105 | ||||||
Representation of intention to repurchase amount of overcompensation | 6224-(79/135) | 63, 64, 65 | ||||||
Compensatory financing of fluctuations in the cost of cereal imports | 6860-(81/81) | 65 | ||||||
Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase” | 6860-(81/81) | 68 | ||||||
Repurchases | *5703-(78/39) | 106 | ||||||
6860-(81/81) | 69 | |||||||
Conditionality; see Use of Fund’s resources, Conditionality | ||||||||
“Consistent with the provisions of this Agreement,” meaning in Article V, Section 3 | 287-3 | 18 | ||||||
Consultations with European Monetary Cooperation Fund on calculation of representative rate for European Currency Unit | 7041-(82/8) G/S | 294 | ||||||
Consultations with members: | ||||||||
Before accepting obligations of Article VIII, Sections 2, 3, and 4 | 1034-(60/27) | 242 | ||||||
Bilateral arrangements | 433-(55/42) | 237 | ||||||
Changes in members’ exchange arrangements, notification to Fund | 5712-(78/41) | 9 | ||||||
Commodity field, attention to policies | *2772-(69/47) | 71 | ||||||
Conduct by Managing Director in interval between Article IV consultations | 5392-(77/63) | 14 | ||||||
6026-(79/13) | 15 | |||||||
Consultations under Article IV | 5392-(77/63) | 13 | ||||||
6026-(79/13) | 15 | |||||||
6056-(79/38) | 23 | |||||||
6532-(80/93) | 16 | |||||||
6790-(81/43) | 259 | |||||||
6815-(81/52) | 16 | |||||||
7088-(82/44) | 17 | |||||||
7374-(83/55) | 17 | |||||||
Discussions on use of Fund’s resources | 102-(52/11) | 20 | ||||||
During period of extended arrangement | 6838-(81/70) | 56 | ||||||
During period of stand-by arrangement | 6838-(81/70) | 52 | ||||||
Exchange measures needing approval under Article VIII | 1034-(60/27) | 242 | ||||||
Members’ policies in present circumstances | 4134-(74/4) | 246 | ||||||
Multiple currency practices | 237-2 | 248 | ||||||
Periodic discussions under Article VIII | 1034-(60/27) | 243 | ||||||
Purchases under oil facility | 4241-(74/67) | 82 | ||||||
Resumption of purchases under extended rangements | 6838-(81/70) | 56 | ||||||
Resumption of purchases under stand-by arrangements | *270-(53/95) | 47 | ||||||
6838-(81/70) | 51 | |||||||
Retention quotas | 201-(53/29) | 238 | ||||||
Special consultations | 5392-(77/63) | 14 | ||||||
Whether measure is exchange restriction | 1034-(60/27) | 242 | ||||||
Consultations with prescribed holders of special drawing rights | 6467-(80/71)S | 272 | ||||||
Convertibility: | ||||||||
Acceptance of obligations of Article VIII, Sections 2, 3, and 4 | 1034-(60/27) | 241 | ||||||
Approval of exchange restrictions | 1034-(60/27) | 241 | ||||||
Bilateralism | 433-(55/42) | 236 | ||||||
Consultation with Fund | 1034-(60/27) | 242 | ||||||
Discrimination | 955-(59/45) | 240 | ||||||
Multiple currency practices; see Multiple currency practices | ||||||||
Retention quotas | 201-(53/29) | 238 | ||||||
Credit tranches; see Tranche policies | ||||||||
Creditworthiness, factor in determining use of Fund’s resources | 102-(52/11) | 19 | ||||||
Currencies (see also Borrowing by the Fund; Convertibility; Holdings of the Fund; Investment): | ||||||||
Arrangements for use in operations and transactions of Fund | B/G Res. 31-2 | 364 | ||||||
Composition of special drawing right | 6631-(80/145) G/S | 268 | ||||||
Freely usable currencies | 5719-(78/46) | 301 | ||||||
Guidelines for use in operational budgets | 6772-(81/35) G/S | 94 | ||||||
Guidelines for use in operations and transactions of General Resources Account | 6273-(79/158) G/S | 88 | ||||||
6274-(79/158) | 89 | |||||||
6774-(81/35) | 96 | |||||||
Payment of subscriptions | 6266-(79/156) | 7 | ||||||
B/G Res. 31-2 | 363 | |||||||
B/G Res. 34-2 336, | 370 | |||||||
B/G Res. 38-1 378, 379, | 382 | |||||||
Rates for computations and maintenance of value | 5590-(77/163) | 112 | ||||||
Replenishment in connection with supplementary financing facility | 5509-(77/127) | 162 | ||||||
Sale at request of member with outstanding purchases | 6274-(79/158) | 90 | ||||||
6352-(79/183) | 92 | |||||||
6774-(81/35) | 96 | |||||||
Selection for payment of charges | *5702-(78/39) G/S | 110 | ||||||
Specified by the Fund, use in repurchases | *5703-(78/39) | 107 | ||||||
5809-(78/88) | 108 | |||||||
Subscribed to the Fund, ownership | 170-3 | 3 | ||||||
D | Debt management policies; see External debt management policies | |||||||
Designation; see Special drawing rights | ||||||||
Development Committee; see Joint Ministerial Committee … | ||||||||
Discriminatory practices imposed for balance of payment reasons (see also Exchange restrictions) … | 955-(59/45) | 240 | ||||||
Drawings; see Purchase transactions; Use of Fund’s resources | ||||||||
E | East Caribbean Currency Authority, prescription as holder of special drawing rights | 6487-(80/77)S | 275 | |||||
Enemy-occupied, former, members, introduction of multiple currency practices | 237-2 | 252, 254 | ||||||
Enlarged access, policy on | 6783-(81/40) | 40 | ||||||
Amounts to be made available under stand-by or extended arrangements, guidelines | 6783-(81/40) | 42 | ||||||
Borrowed Resources Suspense Accounts; see Accounts | ||||||||
Borrowing agreement with Bank for International Settlements | *6863-(81/81) | 204 | ||||||
Borrowing agreement—with Saudi Arabian Monetary Agency | 6843-(81/75) | 173 | ||||||
Change in conversion arrangements | 7188-(82/114) | 203 | ||||||
Borrowing from central banks and other official institutions | 6864-(81/81) | 207 | ||||||
Charges | 6783-(81/40) | 45 | ||||||
Exclusion of purchases with borrowed resources and holdings under Article XXX (c) | 6783-(81/40) | 45 | ||||||
Forms of stand-by and extended arrangements | 6838-(81/70) | 48 | ||||||
Repurchases; see Repurchases | ||||||||
Utilization of supplementary financing facility for enlarged access resources; see Supplementary financing facility | ||||||||
European Currency Unit, representative rate in terms of SDR | 7041-(82/8)G/S | 294 | ||||||
European Monetary Cooperation Fund, consultation on calculation of representative rate for European Currency Unit | 7041-(82/8)G/S | 294 | ||||||
“Exceptional circumstances,” meaning in Article XIV, Section 3 (Section 4 before Second Amendment) | 117-1 | 267 | ||||||
237-2 | 253 | |||||||
Exchange arrangements, notification | 5392-(77/63) | 13 | ||||||
5712-(78/41) | 8 | |||||||
Exchange contracts, unenforceability | 446-4 | 233 | ||||||
Exchange control regulations, Fund prepared to advise whether maintained or imposed consistently with Fund Agreement | 446-4 | 234 | ||||||
Exchange controls on capital transfers | 541-(56/39) | 116 | ||||||
Exchange rates: | ||||||||
Borrowing arrangements by Fund | * 1289-(62/1) | 124 | ||||||
7337-(83/37) | 138 | |||||||
Exchange rate policies of members, surveillance | 5392-(77/63) | 10 | ||||||
Flexible exchange arrangements | 5712-(78/41) | 9 | ||||||
Floating, guidelines | B/G Res. 29-10 | 355 | ||||||
Fluctuating: | ||||||||
Multiple currency practices (fixed and fluctuating rates) | 237-2 | 249 | ||||||
Scope of transactions to be agreed with Fund | 237-2 | 250 | ||||||
Free markets | 237-2 | 250 | ||||||
Multiple currency practices arising from official action | 6790-(81/43) | 257 | ||||||
Notification to Fund | 5392-(77/63) | 13 | ||||||
5712-(78/41) | 8 | |||||||
Pegs, notification to Fund of changes | 5712-(78/41) | 8 | ||||||
Representative rate for European Currency Unit in terms of SDR | 7041-(82/8)G/S | 294 | ||||||
Unification in multiple rate systems a basic objective of Fund | 649-(57/33) | 255 | ||||||
Exchange restrictions (see also Payments restrictions): | ||||||||
Approval | 1034-(60/27) | 242 | ||||||
Avoidance of escalation | 4134-(74/4) | 246 | ||||||
4254-(74/75) | 259 | |||||||
Bilateralism | 433-(55/42) | 236 | ||||||
Capital transactions; see Capital transfers | ||||||||
Consultations with Fund | 1034-(60/27) | 242 | ||||||
Discrimination | 955-(59/45) | 240 | ||||||
Guiding principle of whether measure is a restriction on payments and transfers for current international transactions | 1034-(60/27) | 241 | ||||||
Introduction | 1034-(60/27) | 242 | ||||||
Maintenance | 1034-(60/27) | 242 | ||||||
Multiple currency practices | 237-2 | 249 | ||||||
649-(57/33) | 255 | |||||||
6790-(81/43) | 259 | |||||||
Payments arrears | 3153-(70/95) | 243 | ||||||
Retention quotas | 201-(53/29) | 237 | ||||||
Security reasons; see Payments restrictions | ||||||||
Transitional arrangements under Article XIV, obligations under Article VIII, Sections 2, 3, and 4 | 1034-(60/27) | 242 | ||||||
Withdrawal, representation by Fund | 117-1 | 267 | ||||||
Exchange systems, avoidance of use for nonbalance of payments reasons | 1034-(60/27) | 242 | ||||||
Exchange taxes | 237-2 | 250, 255 | ||||||
Notification to Fund | 5712-(78/41) | 9 | ||||||
Exchange transactions; see Purchase transactions | ||||||||
Exclusion of balances held in administrative accounts; see Accounts, Administrative accounts | ||||||||
Exclusion of purchases and holdings under Fund policies; see Article XXX (c | ||||||||
Executive Board: | ||||||||
Annual review of decision on oil facility Subsidy Account | *4773-(75/136) | 331 | ||||||
6842-(81/71) | 332 | |||||||
7104-(82/63) | 333 | |||||||
Annual review of implementation of surveillance over members’ exchange rate policies | 5392-(77/63) | 14 | ||||||
6026-(79/13) | 15 | |||||||
6532-(80/93) | 16 | |||||||
6815-(81/52) | 16 | |||||||
7088-(82/44) | 17 | |||||||
7374-(83/55) | 17 | |||||||
Annual review of upper-maturity limit in guidelines on performance criteria with respect to foreigon borrowing | 6230-(79/140) | 25 | ||||||
Communication of changes in members’ exchange arrangements | 5712-(78/41) | 9 | ||||||
Information on operation of buffer stocks | 3179-(70/102) | 72 | ||||||
5127-(76/91) | 72 | |||||||
5597-(77/171) | 77 | |||||||
7246-(82/147) | 79 | |||||||
7247-(82/147) | 75 | |||||||
Notice of repayments under oil facility | 5441-(77/84) | 228 | ||||||
Report to Board of Governors on quota increases under General Reviews of Quotas: | ||||||||
7th | B/G Res. 34-2 | 365 | ||||||
8th | B/G Res. 38-1 | 376 | ||||||
Review and change of rules for designation | 6209-(79/124)S | 290 | ||||||
Review of broad developments in exchange rates | 5392-(77/63) | 14 | ||||||
Review of decision on extended Fund facility | *4377-(74/114) | 31 | ||||||
5220-(76/144) | 31 | |||||||
6140-(79/85) | 31 | |||||||
6726-(81/7) | 32 | |||||||
Review of decision on oil facility | 4241-(74/67) | 83 | ||||||
4393-(74/121) | 84 | |||||||
4529-(74/153) | 85 | |||||||
*4634-(75/47) | 85, 87 | |||||||
Review of functioning of international adjustment process | 5392-(77/63) | 12 | ||||||
Review of guidelines for borrowing by Fund | 7040-(82/7) | 232 | ||||||
Review of level of Fund’s SDR holdings | 6275-(79/158) G/S | 91 | ||||||
7131-(82/80)S | 95 | |||||||
Review of prescriptions of holders of special drawing rights | 6467-(80/71)S | 272, 273 | ||||||
Review of quota calculation method | B/G Res. 38-1 | 376, 377 | ||||||
Executive Directors: | ||||||||
Additional appointed, meaning of “the preceding two years” in Article XII, Section 3(c) | 597-4 | 266 | ||||||
Appointment by members having 5 largest quotas | 2-1 | 265 | ||||||
Determination of members entitled to appoint under Article XII, Section 3(c) | *574-2 | 265 | ||||||
Balances held in Fund’s administrative accounts not in excess of 0.1 per cent of quota not to be considered part of Fund’s holdings of member’s currency for determination | 7060-(82/23) | 300 | ||||||
Participation in meetings of Development Committee | B/G Res. 29-9 | 350 | ||||||
Participation in meetings of Interim Committee | B/G Res. 29-8 | 345 | ||||||
Voting power, effect of quota changes | 180-5 | 266 | ||||||
Export shortfalls, financing; see Compensatory financing of export fluctuations | ||||||||
Extended arrangements | *4377-(74/114) | 27 | ||||||
Amendment to utilize supplementary financing | 7047-(82/13) | 58 | ||||||
7048-(82/13) | 60 | |||||||
Amounts to be made available under enlarged access policy decision, guidelines | 6783-(81/40) | 42 | ||||||
Augmentation of rights to make purchases, elimination | 5706-(78/39) | 57 | ||||||
Charge | *4377-(74/114) | 30 | ||||||
4720-(75/H4) | 32 | |||||||
6838-(81/70) | 56 | |||||||
Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase” | 6830-(81/65) | 58, 299 | ||||||
Form under enlarged access policy | 6838-(81/70) | 48 | ||||||
7048-(82/13) | 60 | |||||||
Ineligibility | 6838-(81/70) | 55 | ||||||
Provision for enlarged access to Fund’s resources | 6783-(81/40) | 41 | ||||||
Provision for supplementary financing | 5508-(77/127) | 34 | ||||||
6693-(80/177) | 39 | |||||||
6725-(81/5) | 40 | |||||||
Repurchases; see Repurchases | ||||||||
Review of decision on extended Fund facility | 5220-(76/144) | 31 | ||||||
6140-(79/85) | 31 | |||||||
6726-(81/7) | 32 | |||||||
7157-(82/93) | 32 | |||||||
Suspension of right to engage in purchase transactions | 6838-(81/70) | 55 | ||||||
Utilization of supplementary financing facility for enlarged access resources; see Amendment to utilize…, above | ||||||||
Extended Fund facility; see Extended arrangements | ||||||||
External debt management policies | 6230-(79/140) | 23 | ||||||
F | “First credit tranche,” Fund attitude to request for transactions | 26 | ||||||
Floating rates; see Exchange rates | ||||||||
Fluctuating exchange rates; see Exchange rates | ||||||||
Freely usable currencies | 5719-(78/46) | 301 | ||||||
Free markets; see Exchange rates | ||||||||
Fund income, net; see Income, net, of the Fund | ||||||||
Fund resources, use; see Use of Fund’s resources | ||||||||
Fund’s holdings; see Holdings of the Fund | ||||||||
G | General Agreement on Tariffs and Trade | 1034-(60/27) | 243 | |||||
4254-(74/75) | 261 | |||||||
B/G Res. 29-10 | 355 | |||||||
General Arrangements to Borrow; see Borrowing by the Fund | ||||||||
General Resources Account; see Accounts | ||||||||
Gold: | ||||||||
Repurchase obligations, discharge by payment in SDRs or currencies of other members specified by Fund | *5703-(78/39) | 106 | ||||||
5809-(78/88) | 108 | |||||||
Sale, amounts available to Trust Fund | 5069-(76/72) | 308 | ||||||
Sale for benefit of developing members, distribution of profits through Trust Fund | 5069-(76/72) | 303 | ||||||
5709-(78/41)TR | 314 | |||||||
5832-(78/95)TR | 315 | |||||||
6540-(80/98)TR | 318 | |||||||
Sale, transfer of profits to Trust Fund | 5069-(76/72) | 304 | ||||||
Subscribed to Fund, ownership | 170-3 | 3 | ||||||
Gross reserve position; see Reserve position, gross | ||||||||
H | Holdings of the Fund: | |||||||
Adjustment by Fund | 5590-(77/163) | 112 | ||||||
Attribution of reductions to enlargement of member’s reserve tranche position | 6774-(81/35) | 98 | ||||||
*6831-(81/65) | 108 | |||||||
Attribution of reductions to repurchase obligations | #6831-(81/65) | 108 | ||||||
Balances held in administrative accounts not in excess of 0.1 per cent of member’s quota, exclusion from Fund’s holdings of member’s currency for certain purposes | 7060-(82/23) | 300 | ||||||
Computations and adjustment, rates | 5590-(77/163) | 112 | ||||||
Exclusion of holdings resulting from credit tranche purchases | 6830-(81/65) | 58, 299 | ||||||
Exclusion under buffer stock facility | 5591-(77/163) | 298 | ||||||
Exclusion under compensatory financing of export fluctuations | 2836-(69/87) | 298 | ||||||
Exclusion under compensatory financing of fluctuations in the cost of cereal imports | 6860-(81/81) | 68 | ||||||
Exclusion under enlarged access policy | 6783-(81/40) | 45 | ||||||
Exclusion under extended Fund facility | 6830-(81/65) | 58, 299 | ||||||
Exclusion under oil facility | 5371-(77/51) | 299 | ||||||
Exclusion under supplementary financing facility | 5508-(77/127) | 38 | ||||||
Replenishment; see Article VII, replenishment of Fund’s holdings of currencies; Borrowing by the Fund | ||||||||
Repurchases; see Repurchases | ||||||||
I | Import restrictions imposed for balance of payments reasons, GATT members | 1034-(60/27) | 243 | |||||
Income, net, of the Fund, amount placed to reserve deemed as income for financial year ending April 30, 1983 | 7130-(82/80) | 111 | ||||||
Ineligibility; see Extended arrangements; Stand-by arrangements; Use of Fund’s resources | ||||||||
Interest: | ||||||||
Charge on loans from Trust Fund | 5069-(76/72) | 307 | ||||||
Payment of interest on transferred claim under oil facility | 5974-(78/190) | 230 | ||||||
Payment on Fund indebtedness to Bank for International Settlements | *6863-(81/81) | 205 | ||||||
Payment on Fund indebtedness to central banks and other official institutions | 6864-(81/81)( | 208, 209 | ||||||
Payment on Fund indebtedness to Saudi Arabian Monetary Agency | 6843-(81/75) | 176, 187 | ||||||
Payment on Fund indebtedness to Swiss National Bank | 5288-(76/167) | 154, 155 | ||||||
5331-(77/15) | 161 | |||||||
5387-(77/61) | 158, 159 | |||||||
5488-(77/116) | 162 | |||||||
Payment on Fund indebtedness under General Arrangements to Borrow | *1289-(62/1) | 121 | ||||||
7337-(83/37) | 135 | |||||||
Payment on Fund indebtedness under oil facility | 4242-(74/67) | 222, 223 | ||||||
4490-(74/140) | 227 | |||||||
4635-(75/47) | 225 | |||||||
4636-(75/47) | 227 | |||||||
4919-(75/208) | 228 | |||||||
Payment on Fund indebtedness under supplementary financing facility Subsidy Account | 6683-(80/185) G/TR | 322 | ||||||
Payment under supplementary financing facility | 5509-(77/127), Annex | 165, 167 | ||||||
6163-(79/96) | 171 | |||||||
Payments by members under Trust Fund loan agreements | 6358-(79/188)TE | 317 | ||||||
Interim Committee of the Board of Governors on the International Monetary System: | ||||||||
Establishment | B/G Res. 29-8 | 344 | ||||||
Review of functioning of international adjustment process | 5392-(77/63) | 12 | ||||||
Rules of procedure | 358 | |||||||
International Bank for Reconstruction and Development, prescription as holder of special drawing rights | 6718-(81/1)S | 275 | ||||||
International Development Association, prescription as holder of special drawing rights | 6718-(81/1)S | 275 | ||||||
International Fund for Agricultural Development, prescription as holder of special drawing rights | 6489-(80/77)S | 275 | ||||||
International monetary system, reform | B/G Comp. Res | 343 | ||||||
International Natural Rubber, Sugar, and Tin Agreements; see Buffer stock financing facility | ||||||||
Interpretation of Articles of Agreement | XXV | |||||||
Investment: | ||||||||
Currencies held in oil facility Subsidy Account | *4773-(75/136) | 330 | ||||||
Currencies held in supplementary financing facility Subsidy Account | 6683-(80/185) G/TR | 323, 326 | ||||||
6854-(81/78) SBS | 328 | |||||||
Currency balances held in Trust Fund | 5069-(76/72) | 310 | ||||||
5972-(78/189) | 313 | |||||||
5973-(78/189) TR | 314 | |||||||
Islamic Development Bank, prescription as holder of special drawing rights | 7086-(82/42)S | 275 | ||||||
J | Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries: | |||||||
Establishment | B/G Res. 29-9 | 348 | ||||||
Rules of procedure | 359 | |||||||
Secretariat function, changes in organization of work and structure | 360 | |||||||
M | Managing Director: | |||||||
Arrangements for consultations on payment of interest on loans under oil facility | 4490-(74/140) | 227 | ||||||
4636-(75/47) | 227 | |||||||
4919-(75/208) | 228 | |||||||
Arrangements for repayments of borrowing under oil facility | 5441-(77/84) | 228 | ||||||
Authority to establish Borrowed Resources Suspense Accounts, and to transfer and invest balances of borrowed currencies | 6844-(81/75) | 217 | ||||||
6845-(81/75) | 218 | |||||||
Authority to establish oil facility Subsidy Account | *4773-(75/136) | 329 | ||||||
Authority to make calls under borrowing arrangements for oil facility | 4741-(75/120) | 226 | ||||||
4917-(75/208) | 226 | |||||||
Authority to make calls under borrowing arrangements in connection with supplementary financing facility | 6006-(79/3) | 170 | ||||||
Authorizations in connection with implementation of borrowing agreement with Saudi Arabian Monetary Agency | 6843-(81/75) | 173 | ||||||
Consultation by eligible member to request assistance from Trust Fund | 5069-(76/72) | 305 | ||||||
Consultation by member before making request under supplementary financing facility | 5508-(77/127) | 33 | ||||||
Consultation by member contemplating request under extended Fund facility | *4377-(74/114) | 28 | ||||||
Consultation by member to request use of Fund resources under policy on enlarged access | 6783-(81/40) | 41 | ||||||
Consultation with members when notice of exchange policy change not received | 5712-(78/41) | 9 | ||||||
Consultations and proposals to Executive Board concerning sale of currencies at request of members with outstanding purchases | 6352-(79/183) | 92 | ||||||
Consultations with lenders on means of interest payment under borrowing agreements in connection with supplementary financing facility | 6163-(79/96) | 171, 172 | ||||||
Deposit of currencies received by supplementary financing facility Subsidy Account with Bank for International Settlements | 6854-(81/78) SBS | 328 | ||||||
Discussions with members judged sufficiently strong whose outstanding purchases are not subject to guidelines on early repurchase with view to reducing their indebtedness to the Fund | 6774-(81/35) | 97 | ||||||
Discussions with members on exchange policies | 5392-(77/63) | 14 | ||||||
6026-(79/13) | 15 | |||||||
Participation in meetings of Development Committee | B/G Res. 29-9 | 350 | ||||||
Participation in meetings of Interim Committee | B/G Res. 29-8 | 346 | ||||||
Placement of Trust Fund investments in SDR-denominated deposits | 5973-(78/189) TR | 314 | ||||||
Proposal for allocation of SDRs: | ||||||||
1st basic period | B/G Res. 24-12 | 386 | ||||||
3d basic period | B/G Res. 34-3 | 388 | ||||||
4th basic period | 400 | |||||||
Proposals for calls under General Arrangements to Borrow | * 1289-(62/1) | 120 | ||||||
1712-(64/29) | 149 | |||||||
7337-(83/37) | 134, 142 | |||||||
Proposals for Trust Fund investments | 5973-(78/189) TR | 314 | ||||||
Recommendations to Executive Board regarding approval of use of Fund resources and standby arrangements | 6056-(79/38) | 22 | ||||||
Report to Board of Governors and to Executive Board on allocation of SDRs for fourth basic period | 398 | |||||||
Monetary stabilization operations, use of Fund’s resources | 71-2 | 18 | ||||||
B/G Res.IM-6 | 337 | |||||||
Multiple currency practices: | ||||||||
Policy | 237-2 | 247 | ||||||
649-(57/33) | 255 | |||||||
6790-(81/43) | 257 | |||||||
Prior Fund approval | 5712-(78/41) | 9 | ||||||
Spreads | 6790-(81/43) | 257 | ||||||
N | “Net creditor position in the Fund” | 6008-(79/3) | 170 | |||||
Nordic Investment Bank, prescription as holder of special drawing rights | 6488-(80/77)S | 275 | ||||||
O | Oil facility | 4241-(74/67) | 80 | |||||
4393-(74/121) | 84 | |||||||
4529-(74/153) | 85 | |||||||
1975 facility | *4634-(75/47) | 85 | ||||||
Subsidy Account | *4773-(75/136) | 329 | ||||||
Annual review and payments for financial year: | ||||||||
1981 | 6842-(81/71) | 332 | ||||||
1982 | 7104-(82/63) | 332 | ||||||
Borrowing | 4242-(74/67) | 219 | ||||||
4490-(74/140) | 227 | |||||||
4635-(75/47) | 224 | |||||||
4636-(75/47) | 227 | |||||||
4741-(75/120) | 226 | |||||||
4916-(75/208) | 226 | |||||||
4917-(75/208) | 226 | |||||||
4918-(75/208) | 227 | |||||||
4919-(75/208) | 228 | |||||||
Charges | 4241-(74/67) | 83 | ||||||
*4634-(75/47) | 87 | |||||||
Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase” | 5371-(77/51) | 299 | ||||||
Media of repayments of borrowing | 5441-(77/84) | 228 | ||||||
Repurchases; see Repurchases | ||||||||
Transferability of claims | 5974-(78/190) | 229 | ||||||
Meaning of “net creditor position in the Fund” | 6008-(79/3) | 170 | ||||||
Operational budgets: | ||||||||
Assessment of strength of member’s balance of payments and gross reserve position | 6273-(79/158) G/S | 88 | ||||||
Sales of SDRs and use of currencies | 6772-(81/35) G/S | 94 | ||||||
P | Payments arrears | 3153-(70/95) | 243 | |||||
Payments policies of members | 4134-(74/4) | 246 | ||||||
Payments restrictions (see also Exchange restrictions; Payments arrears): | ||||||||
For security reasons, Fund jurisdiction | 144-(52/51) | 235 | ||||||
Withdrawal or general abandonment | 117-1 | 267 | ||||||
Petroleum; see Oil facility | ||||||||
“Position in the Fund” definition | 6274-(79/158) | 90 | ||||||
6772-(81/35)G/S | 95 | |||||||
Prior notice to Fund, imposition of payments restrictions for security reasons | 144-(52/51) | 235 | ||||||
Purchase transactions (see also Use of Fund’s resources): | ||||||||
Augmentation of rights to purchase under stand-by and extended arrangements, elimination | 5706-(78/39) | 57 | ||||||
Purchases under buffer stock financing facility | *2772-(69/47) | 70, 71 | ||||||
3179-(70/102) | 72 | |||||||
5127-(76/9D | 73 | |||||||
5591-(77/163) | 298 | |||||||
5597-(77/171) | 76 | |||||||
7246-(82/147) | 78 | |||||||
7247-(82/147) | 74 | |||||||
Purchases under compensatory financing of export fluctuations | 2836-(69/87) | 298 | ||||||
6224-(79/135) | 62, 63 | |||||||
Purchases under compensatory financing of fluctuations in the cost of cereal imports | 6860-(81/81) | 66, 67, 68 | ||||||
Purchases under credit tranche, see Tranche policies | ||||||||
Purchases under extended arrangements | 5508-(77/127) | 34 | ||||||
6783-(81/40) | 43 | |||||||
6830-(81/65) | 58, 299 | |||||||
6838-(81/70) | 53 | |||||||
7048-(82/13) | 60 | |||||||
Purchases under oil facility | 4241-(74/67) | 80 | ||||||
4393-(74/121) | 84 | |||||||
*4634-(75/47) | 85 | |||||||
5371-(77/51) | 299 | |||||||
Purchases under policy on enlarged access | 6783-(81/40) | 42, 43, 45 | ||||||
Purchases under stand-by arrangements | 5508-(77/127) | 34 | ||||||
6783-(81/40) | 42 | |||||||
6838-(81/70) | 49 | |||||||
7048-(82/13) | 60 | |||||||
Purchases under supplementary financing facility | 5508-(77/127) | 34, 38 | ||||||
Resumption of purchases under extended arrangement after decision of formal ineligibility or to consider such a proposal | 6838-(81/70) | 56 | ||||||
Resumption of purchases under stand-by arrangement after decision of formal ineligibility or to consider such a proposal | *270-(53/95) | 47 | ||||||
6838-(81/70) | 51 | |||||||
Suspension, effect on General Arrangements to Borrow | * 1289-(62/1) | 126 | ||||||
7337-(83/37) | 140 | |||||||
Suspension of transactions under extended arrangements | 6838-(81/70) | 55 | ||||||
Suspension of transactions under stand-by arrangements | * 270-(53/95) | 47 | ||||||
6838-(81/70) | 51 | |||||||
Q | Quotas: | |||||||
Adjustment, first interval of five years | 408-2 | 3 | ||||||
Calculation, review of method | B/G Res. 38-1 | 376, 377 | ||||||
Change, effect on voting power of elected Executive Director | 180-5 | 266 | ||||||
Reviews: | ||||||||
1st | 408-2 | 3 | ||||||
6th General | B/G Res. 29-10 | 357 | ||||||
B/G Res. 31-2 | 362 | |||||||
7th General | B/G Res. 34-2 | 365 | ||||||
Sale of SDRs by Fund to members for use in quota payments | 6663-(80/160)S | 100 | ||||||
8th General | B/G Res. 38-1 | 376 | ||||||
Special adjustment for members with very small quotas | B/G Res. 38-1 | 378 | ||||||
R | Rates for official communications of Fund | 534-3 | 262 | |||||
Rates of exchange; see Exchange rates; Multiple currency practices | ||||||||
Reconstitution; see Special drawing rights, Reconstitution | ||||||||
Remuneration on net creditor positions, balances held in Fund’s administrative accounts not in excess of 0.1 per cent of quota, exclusion from Fund’s holdings of member’s currency for calculation | 7060-(82/23) | 300 | ||||||
Repayment by Fund of borrowed currency | *1289-(62/1) | 122 | ||||||
1712-(64/29) | 151 | |||||||
4242-(74/67) | 220, 222 | |||||||
5288-(76/167) | 153, 155 | |||||||
5387-(77/61) | 157, 159 | |||||||
5509-(77/127) | 163, 166, 169 | |||||||
5441-(77/84) | 228 | |||||||
6843-(81/75) | 177, 179 | |||||||
6864-(81/81) | 209 | |||||||
7337-(83/37) | 136 | |||||||
Replenishment; see Article VII, replenishment of Fund’s holdings of currencies; Borrowing by the Fund | ||||||||
Repurchases: | ||||||||
Attribution of reductions in Fund’s holdings of currencies | 6774-(81/35) | 98 | ||||||
*6831-(81/65) | 108 | |||||||
Currency resulting from purchase under credit tranches | *5703-(78/39) | 105 | ||||||
Currency resulting from purchase under extended arrangement | 6838-(81/70) | 56 | ||||||
Currency resulting from purchase under stand-by arrangement | 6838-(81/70) | 51 | ||||||
Early, guidelines | 5704-(78/39) | 101 | ||||||
6172-(79/101) | 103 | |||||||
6273-(79/158) G/S | 88 | |||||||
Guidelines for selection of currencies | 6274-(79/158) | 89 | ||||||
6774-(81/35) | 96 | |||||||
Obligations to pay gold, payment with SDRs or currencies of other members | *5703-(78/39) | 106 | ||||||
5809-(78/88) | 108 | |||||||
Of Fund’s holdings | 102-(52/11) | 19 | ||||||
Procedures | *5703-(78/39) | 105 | ||||||
Under buffer stock financing facility | *5703-(78/39) | 105 | ||||||
6th International Tin Agreement | 7247-(82/147) | 74, 75 | ||||||
1977 International Sugar Agreement | 5597-(77/171) | 77 | ||||||
International Natural Rubber Agreement, 1979 | 7246-(82/147) | 78, 79 | ||||||
Under compensatory financing of export fluctuations | *5703-(78/39) | 105 | ||||||
Representation of intention to repurchase amount of overcompensation | 6224-(79/135) | 63, 64, 65 | ||||||
Under compensatory financing of fluctuations in the cost of cereal imports | *5703-(78/39) | 106 | ||||||
6860-(81/81) | 69 | |||||||
Under decision on enlarged access | 6783-(81/40) | 44 | ||||||
Under extended Fund facility | *4377-(74/114) | 30 | ||||||
Under oil facility | 4241-(74/67) | 82 | ||||||
•4634-(75/47) | 86 | |||||||
Under supplementary financing facility | 5508-(77/127) | 34, 36 | ||||||
Reserve assets: | ||||||||
Guidelines for determining amount to be paid in connection with subscriptions | 6266-(79/156) | 4 | ||||||
Payment for subscriptions under 8th General Review of Quotas | B/G Res. 38-1 | 379 | ||||||
Reserve position, gross, assessment for purposes of designation plans, operational budgets, and early repurchases | 6273-(79/158)G/S | 88 | ||||||
Reserve tranche position: | ||||||||
Attribution of reductions in Fund’s holdings of currencies to enlarge | 6774-(81/35) | 98 | ||||||
*6831-(81/65) | 108 | |||||||
Balances held in Fund’s administrative accounts not in excess of 0.1 per cent of quota not to be considered part of Fund’s holdings of member’s currency for determination | 7060-(82/23) | 300 | ||||||
Reserve tranche purchases (see also Use of Fund’s resources): | ||||||||
Exclusion of purchases and holdings in credit tranches | 6830-(81/65) | 58, 299 | ||||||
Exclusion of purchases and holdings under buffer stock financing facility | 5591-(77/163) | 298 | ||||||
Exclusion of purchases and holdings under compensatory financing of export fluctuations | 2836-(69/87) | 298 | ||||||
Exclusion of purchases and holdings under compensatory financing of fluctuations in the cost of cereal imports | 6860-(81/81) | 68 | ||||||
Exclusion of purchases and holdings under extended facility | 6830-(81/65) | 58, 299 | ||||||
Exclusion of purchases and holdings under oil facility | 5371-(77/51) | 299 | ||||||
Exclusion of purchases and holdings under policy on enlarged access | 6783-(81/40) | 45 | ||||||
Exclusion of purchases and holdings under supplementary financing facility | 5508-(77/127) | 38 | ||||||
Restrictions; see Exchange restrictions; Payments restrictions | ||||||||
Retention quotas | 201-(53/29) | 237 | ||||||
RuleG-1 | * 1289-(62/1) | 125 | ||||||
7337-(83/37) | 139 | |||||||
Rule 1-6(4), rate of charge and net income | 7130-(82/80) | 111 | ||||||
RuleO-2: | ||||||||
Determination of exchange rate | *1289-(62/1) | 124 | ||||||
5288-(76/167) | 153 | |||||||
5387-(77/61) | 157 | |||||||
5590-(77/163) | 112 | |||||||
7041-(82/8)G/S | 294 | |||||||
7337-(83/37) | 139 | |||||||
Valuation of U.S. dollar in terms of special drawing rights | 6709-(80/189)S | 270 | ||||||
RuleP-7: | ||||||||
Declaration concerning use of special drawing rights in accordance with prescription on donations | 6437-(80/37)S | 288 | ||||||
Declaration concerning use of special drawing rights in accordance with prescription on forward operations | 6337-(79/178)S | 287 | ||||||
Declaration concerning use of special drawing rights in accordance with prescription on loans | 6001-(79/1)S | 281 | ||||||
Declaration concerning use of special drawing rights in accordance with prescription on pledges | *6053-(79/34)S | 282 | ||||||
Declaration concerning use of special drawing rights in accordance with prescription on settlement of financial obligations | *6000-(79/1)S | 279 | ||||||
Declaration concerning use of special drawing rights in accordance with prescription on swap operations | 6336-(79/178)S | 286 | ||||||
Declaration concerning use of special drawing rights in accordance with prescription on transfers as security for performance of financial operations | *6054-(79/34)S | 284 | ||||||
Rule P-9, record of operations in special drawing rights | *6000-(79/1)S | 279 | ||||||
6001-(79/1)S | 281 | |||||||
*6053-(79/34)S | 283 | |||||||
*6054-(79/34)S | 285 | |||||||
6336-(79/178)S | 287 | |||||||
6337-(79/178)S | 288 | |||||||
6437-(80/37)S | 288 | |||||||
Rule R-1 through R-6, rules for reconstitution, abrogation | 6832-(81/65)S | 293 | ||||||
S | Saudi Arabian Monetary Agency, borrowing agreement with Fund | 6843-(81/75) | 173 | |||||
Change in conversion arrangements | 7188-(82/114) | 203 | ||||||
Special Disbursement Account; see Accounts | ||||||||
Special drawing rights: | ||||||||
Allocation for first basic period | B/G Res. 24-12 | 386 | ||||||
Allocation for third basic period | B/G Res. 34-3 | 388 | ||||||
New participants | 5956-(78/180)S | 277 | ||||||
6368-(79/191)S | 277 | |||||||
Allocation for fourth basic period, Managing Director’s report to Board of Governors and to Executive Board | 398 | |||||||
Change in method of valuation, effect on claims under supplementary financing facility | 5509-(77/127), Annex | 167 | ||||||
Designation plans, assessment of strength of member’s balance of payments and gross reserve position | 6273-(79/158) G/S | 88 | ||||||
Designation, review of rules and method of calculating amounts | 6209-(79/124)S | 289 | ||||||
Holders prescribed by the Fund: | ||||||||
Andean Reserve Fund | 6486-(80/77)S | 274 | ||||||
Arab Monetary Fund | 6609-(80/126)S | 275 | ||||||
Asian Development Bank | 7229-(82/136)S | 275 | ||||||
Bank for International Settlements | 6484-(80/77)S | 274 | ||||||
B/G Res. 29-1 | 339 | |||||||
Bank of Central African States | 7064-(82/26)S | 275 | ||||||
Central Bank of West African States | 6908-(81/101)S | 275 | ||||||
East Caribbean Currency Authority | 6487-(80/77)S | 275 | ||||||
International Bank for Reconstruction and Development | 6718-(81/1)S | 275 | ||||||
International Development Association | 6718-(81/1)S | 275 | ||||||
International Fund for Agricultural Development | 6489-(80/77) S | 275 | ||||||
Islamic Development Bank | 7086-(82/42)S | 275 | ||||||
Nordic Investment Bank | 6488-(80/77)S | 275 | ||||||
Swiss National Bank | 6485-(80/77)S | 275 | ||||||
Terms and conditions for accepting, holding, or using SDRs | 6467-(80/71)S | 271 | ||||||
Level of SDR holdings in General Resources Account, maintenance; see Accounts, General Resources Account | ||||||||
Loans from Trust Fund expressed in | 5069-(76/72) | 307 | ||||||
Method of collecting exchange rates for calculation of value of SDR for purpose of Rule O-2(a) | 6709-(80/189)S | 270 | ||||||
Payment of net charges and assessment in Special Drawing Rights Department; see Special Drawing Rights Department, payment | ||||||||
Payment of subscriptions | 6266-(79/156) | 7 | ||||||
Reconstitution, abrogation of rules | 6832-(81/65)S | 293 | ||||||
Sale by Fund to members for use in quota payments under 7th General Review | 6663-(80/160)S | 100 | ||||||
Sales by Fund, guidelines | 6772-(81/35) G/S | 94 | ||||||
SDR-denominated deposits with Bank for International Settlements | 5973-(78/189) TR | 314 | ||||||
Transfers to members in purchases | 7131-(82/80)S | 95 | ||||||
Transfers under Article V, Section 3(f) | 6275-(79/158) G/S | 91 | ||||||
Transfers under Article V, Section 6(b), guidelines for selection of currencies | 6274-(79/158) | 89 | ||||||
6774-(81/35) | 96 | |||||||
Use in donations | 6437-(80/37)S | 288 | ||||||
Use in donations and loans to supplementary financing facility Subsidy Account | 6683-(80/185) G/TR | 326 | ||||||
Use in forward operations | 6337-(79/178)S | 287 | ||||||
Use in loans | 6001-(79/1)S | 279 | ||||||
Use in payment of charges | *5702-(78/39) G/S | 110 | ||||||
Use in payment of transferred claims under oil facility | 5974-(78/190) | 230 | ||||||
Use in payment of 25 per cent of quota increases | B/G Res. 31-2 | 363 | ||||||
B/G Res. 34-2 | 366, 370 | |||||||
B/G Res. 38-1 | 378, 379, 382 | |||||||
Use in pledges | *6053-(79/34)S | 281 | ||||||
Use in repayment of Fund’s debt to Swiss National Bank | 6485-(80/77)S | 276 | ||||||
Use in repurchases | *5703-(78/39) | 107 | ||||||
5809-(78/88) | 108 | |||||||
Use in settlement of financial obligations | *6000-(79/1)S | 278 | ||||||
Use in swap operations | 6336-(79/178)S | 285 | ||||||
Use in transfers as security for performance of financial obligations | *6054-(79/34)S | 283 | ||||||
Valuation, change, application in borrowing under oil facility | 4242-(74/67) | 223 | ||||||
Valuation for use in borrowing arrangements | *1289-(62/1) | 124 | ||||||
5288-(76/167) | 153 | |||||||
5387-(77/61) | 157 | |||||||
6843-(81/75) | 178 | |||||||
7337-(83/37) | 138 | |||||||
Valuation, interim | B/G Res. 29-10 | 356 | ||||||
Valuation method | 6631-(80/145) G/S | 268 | ||||||
Valuation of U.S. dollar pursuant to Rule O-2(a), method | 6709-(80/189)S | 270 | ||||||
Special Drawing Rights Department, payment of net charges and assessment | 7116-(82/68)S 295 | |||||||
Stabilization of prices of primary products, Fund facility; see Buffer stock financing facility | ||||||||
Stand-by arrangements: | ||||||||
Amendment to utilize supplementary financing | 7047-(82/13) | 58 | ||||||
7048-(82/13) | 60 | |||||||
Amounts to be made available under enlarged access policy decision, guidelines | 6783-(81/40) | 42 | ||||||
Augmentation of rights to make purchases, elimination | 5706-(78/39) | 57 | ||||||
Charges | 6838-(81/70) | 51 | ||||||
Conditionality, guidelines | 6056-(79/38) | 20 | ||||||
Exclusion of purchases for purposes of definition of “reserve tranche purchase” | 6830-(81/65) | 58 | ||||||
Extended Fund facility, relationship | *4377-(74/114) | 30 | ||||||
Foreign borrowing, performance criteria | 6230-(79/140) | 23 | ||||||
Form under enlarged access policy | 6838-(81/70) | 48 | ||||||
7048-(82/13) | 60 | |||||||
Ineligibility | *270-(53/95) | 46, 47 | ||||||
6838-(81/70) | 51 | |||||||
Payments arrears, performance criteria | 3153-(70/95) | 245 | ||||||
Period | *270-(53/95) | 46 | ||||||
Policies and procedures | *270-(53/95) | 46 | ||||||
Provision for enlarged access to Fund’s resources | 6783-(81/40) | 40 | ||||||
Provision for supplementary financing | 5508-(77/127) | 34 | ||||||
6693-(80/177) | 39 | |||||||
6725-(81/5) | 40 | |||||||
Renewal | *270-(53/95) | 46 | ||||||
Repurchases; see Repurchases, Currency resulting from purchase under stand-by arrangement | ||||||||
Suspension of right to engage in purchase transactions | *270-(53/95) | 46 | ||||||
6838-(81/70) | 51 | |||||||
Utilization of supplementary financing facility for enlarged access resources; see Amendment to utilize …, above | ||||||||
Subscriptions: | ||||||||
Gold and currency, ownership by Fund | 170-3 | 3 | ||||||
Payment of quota increases | B/G Res. 31-2 | 363 | ||||||
B/G Res. 34-2 | 366, 370 | |||||||
B/G Res. 38-1 | 378, 379, 382 | |||||||
Reserve assets: | ||||||||
Guidelines for determining amounts to be paid | 6266-(79/156) | 4 | ||||||
Payment under 8th General Review of Quotas | B/G Res. 38-1 | 379 | ||||||
Subsidy Accounts; see Accounts, Subsidy Accounts | ||||||||
Sugar Agreement, International; see Buffer stock financing facility | ||||||||
Supplementary financing facility: | ||||||||
Authorization to make calls under borrowing arrangements | 6006-(79/3) | 170 | ||||||
Charges; see Charges | ||||||||
Establishment | 5508-(77/127) | 33 | ||||||
Extension of period | 6725-(81/5) | 40 | ||||||
No augmentation of rights to purchase | 5706-(78/39) | 57 | ||||||
Replenishment of Fund’s holdings of currencies | 5509-(77/127) | 162 | ||||||
Interest payments under borrowing agreements | 6163-(79/96) | 171 | ||||||
Meaning of “net creditor position in the Fund” | 6008-(79/3) | 170 | ||||||
Report on use | 6445-(80/43) | 39 | ||||||
Repurchases; see Repurchases | ||||||||
Review of decision on establishment | 6693-(80/177) | 39 | ||||||
6725-(81/5) | 40 | |||||||
Subsidy Account | 6704-(80/185) TR | 319 | ||||||
Effect on subsidy cost of substituting supplementary financing for enlarged access resources | 7047-(82/13) | 60 | ||||||
Instrument | 6683-(80/185) G/TR | 321 | ||||||
Investment of currencies | 6854-(81/78) SBS | 328 | ||||||
Subsidy payments, July 1, 1981-June 30, 1982 | 7179-(82/102) SBS | 329 | ||||||
Transferability of claims; see Transferability of claims | ||||||||
Utilization of supplementary financing facility for enlarged access resources | 7047-(82/13) | 58 | ||||||
7048-(82/13) | 60 | |||||||
Surveillance over exchange rate policies | 5392-(77/63) | 10 | ||||||
Review of procedures | 6026-(79/13) | 15 | ||||||
6532-(80/93) | 16 | |||||||
6815-(81/52) | 16 | |||||||
7088-(82/44) | 17 | |||||||
7374-(83/55) | 17 | |||||||
Swiss National Bank: | ||||||||
Borrowing agreements with Fund | 5288-(76/167) | 152 | ||||||
5387-(77/61) | 156 | |||||||
Transfer charges and interest, media of payment | 5306-(77/2) | 161 | ||||||
5331-(77/15) | 161 | |||||||
5488-(77/116) | 161 | |||||||
Use of special drawing rights to repay indebtedness | 6485-(80/77)S | 275 | ||||||
Participation in General Arrangements to Borrow | 7337-(83/37) | 143 | ||||||
Prescription as holder of special drawing rights | 6485-(80/77)S | 275 | ||||||
Transferability of claims under General Arrangements to Borrow | 6068-(79/47) | 146 | ||||||
Switzerland: | ||||||||
Association with General Arrangements to Borrow | 1712-(64/29) | 148 | ||||||
T | Technical assistance, Fund ready to meet requests in preparation of economic programs and measures for exchange simplification | 649-(57/33) | 256 | |||||
Tin Agreements, International; see Buffer stock financing facility | ||||||||
Trade, Voluntary Declaration | 4254-(74/75) | 259 | ||||||
B/G Res. 29-10 | 355 | |||||||
Tranche policies: | ||||||||
Application in connection with compensatory financing facility | 6224-(79/135) | 63 | ||||||
Application in connection with decision on enlarged access | 6783-(81/40) | 41, 45 | ||||||
Application in connection with oil facility | 4241-(74/67) | 81 | ||||||
Application in connection with supplementary financing facility | 5508-(77/127) | 33, 38 | ||||||
Exclusion of credit tranche purchases for purpose of definition of “reserve tranche purchase” | 6830-(81/65) | 58, 299 | ||||||
Fund attitude to request for transactions within “first credit tranche” and beyond |