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International Monetary Fund. External Relations Dept.
This paper focuses on the Fourth Annual Review of Project Performance Audit Results. The paper highlights that the purpose of the Review is to provide lessons of experience relevant to the World Bank’s current practices that can be applied to the design and implementation of future projects. The projects encompassed by this latest Review include: 38 in transportation, 20 in the field of public utilities, 17 in agriculture, 16 in development finance companies and industry, 11 in education, and 7 “nonproject” or program loans.
International Monetary Fund. External Relations Dept.
This paper discusses the appointment of Jacques de Larosière as Managing Director in the IMF. He assumed his duties at the IMF on June 17, 1978, succeeding Mr. H. Johannes Witteveen, of the Netherlands, whose service ended on June 16, 1978. Mr. de Larosière, 48, was Director of the French Treasury since 1974. He represented his government at many international conferences as well as on the boards of major industrial and financial concerns. Mr. de Larosière also participated in the work of the Committee of Twenty on International Monetary Reform and the Interim Committee.