Article XX, Section 4


Pursuant to Article XVI, Section 2 and Article XX, Section 4 of the Articles of Agreement and Rule T-2 of the Fund’s Rules and Regulations, it is decided that: (i) The General Department shall be reimbursed for the expenses of conducting the business of the SDR Department for the period of May 1, 2017 through April 30, 2018; and (ii) An assessment shall be levied on all participants in the SDR Department. The special drawing right holdings accounts of participants shall be debited on April 30, 2018 with an amount equal to 0.00165695 percent of their net cumulative allocations of special drawing rights. The total assessment shall be paid into the General Department. (EBS/18/25, 04/05/18)