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International Monetary Fund. Asia and Pacific Dept

2019 Article IV Consultation-Press release; Staff Report; Staff Statement; and Statement by the Executive Director for Samoa

International Monetary Fund. Asia and Pacific Dept

2018 Article IV Consultation-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Samoa

International Monetary Fund

This paper discusses a request from Samoa's authorities for a Disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility (ESF-RAC). The tsunami that hit Samoa on September 29, 2009 has undercut Samoa’s economic resilience and prospects for a quick recovery from the global recession. Real GDP is likely to contract in 2010. The authorities have requested a disbursement equivalent to 50 percent of quota (SDR 5.8 million) under the IMF’s ESF-RAC. IMF staff supports the request on Samoa’s low public debt and credible commitment to sound macroeconomic policies.

International Monetary Fund. External Relations Dept.
The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen to podcasts given by top IMF economists on important issues in the global economy. www.imf.org/external/pubs/ft/survey/so/home.aspx
International Monetary Fund. External Relations Dept.

This paper examines the expanded role for the International Finance Corporation (IFC) with a major capital increase. The paper highlights that for the first time in its history, the IFC is undertaking a major increase of its share capital. In a decision made by its Board of Governors in November 1977, the IFC’s authorized capital stock has been increased by US$540 million, from US$110 million to US$650 million. Of the increase, US$480 million has been allocated for subscription by current member countries. More than US$165 million has already been subscribed and US$33 million paid.

International Monetary Fund. Secretary's Department

Abstract

The speeches made by officials attending the IMF–World Bank Annual Meetings are published in this volume, along with the press communiqués issued by the International Monetary and Financial Committee and the Development Committee at the conclusion of the meetings.

International Monetary Fund. Secretary's Department

Abstract

1. Definitions: In these Rules, unless the context shall otherwise require :(a) “Articles” means the Articles of Agreement of the Fund.(b) “Board” means the Board of Governors of the Fund.(c) “Chairman” means the Chairman of the Board or a Vice Chairman acting as Chairman.(d) “Governor” includes the Alternate Governor or any temporary Alternate Governor when acting for the Governor.(e) “Secretary” means the Secretary or any acting Secretary of the Fund.(f) “Election” means the 1972 Regular Election of Executive Directors.

International Monetary Fund. Secretary's Department

Abstract

I have had the privilege of visiting most of the 124 countries represented here in this distinguished audience, and on this occasion I would like to extend my welcome to you, my best wishes to the heads of government that I have also had the privilege to meet, and particularly the best wishes of the American people to all of the people of the many countries represented at this gathering.