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International Monetary Fund

Abstract

This paper discusses the 59th issue of the By-Laws and Rules and Regulations of the IMF. The By-Laws are adopted under the authority of, and are intended to be complementary to, the Articles of Agreement of the IMF. The Rules and Regulations supplement the Articles of Agreement and the By-Laws adopted by the Board of Governors. They are not intended to replace any provision of either the Articles or the By-Laws. The Rules and Regulations provide such operating rules, procedures, regulations, and interpretation as are necessary and desirable to carry out the purposes and powers contained in the Articles, as supplemented by the By-Laws.

International Monetary Fund

Abstract

This paper discusses 56th issue of the By-Laws and Rules and Regulations of the IMF. It highlights that the principal office of the IMF shall be located within the metropolitan area of Washington, DC. The Executive Board may establish and maintain agencies or branch offices at any place in the territories of other members, whenever it is necessary to do so to facilitate the efficient conduct of the business of the IMF. The Board of Governors shall hold regular meetings, which shall be at annual intervals unless the Board of Governors decides otherwise.