Abstract

Pursuant to Section IV, Paragraph 3 of the Instrument to Establish the Enhanced Structural Adjustment Facility Trust, the International Monetary Fund, in its capacity as Trustee of that Trust, approves the draft agreement and promissory note for an investment by the Bank Negara Malaysia with the Subsidy Account of the Trust as set out in Attachments I and II to EBS/94/135, and authorizes the Managing Director to take such action as is necessary to conclude and implement the agreement and issue the promissory note.