Chapter 1. Overview
Author:
International Monetary Fund
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Language:
English
Print Publication Date:
17 Oct 2007
Keywords:
AR; AREA; country; special drawing rights; financing; training; IMF Executive Board; IMF-World Bank; IMF effectiveness; risk-management policy; equity index; fi nance; Oil prices; Communications in revenue administration

Abstract

During the financial year beginning on May 1, 2006, and ending on April 30, 2007, the Executive Board focused on adapting Fund policies and operations to better meet the evolving needs of the IMF’s member countries, whose number increased to 185 in January 2007, when Montenegro joined. Although many of the IMF’s members experienced another year of strong economic growth and favorable market conditions, the economic and financial environment was not without risk. Large global imbalances persisted, the U.S. economy slowed, prices for oil and nonfuel commodities remained high, and investors continued to show a large appetite for risky assets.

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Cover International Monetary Fund Annual Report 2007
International Monetary Fund Annual Report 2007
Making the Global Economy Work for All
ISBN:
9781589066632
ISSN:
2227-8915
Publication Date:
17 Oct 2007
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781589066632.011
Pages:
72