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John F. Kennedy

Abstract

This is the second time that I have had the opportunity to welcome you to Washington, and I do so with the greatest pleasure and satisfaction. Yours is a very vital role in the defense of the free world. Your contribution to financial and economic stability among the nations of the world is essential, and the results of these efforts will determine in a very large measure whether or how much each nation can use our resources, generous as they are, in the best interests of all of our people.

Lyndon B. Johnson

Abstract

I am glad to meet with you again and to wish you well at this meeting and in your working sessions throughout this year.

International Monetary Fund. Secretary's Department

Abstract

Other Members: Ceylon, Colombia, El Salvador, France, Germany, Ghana, Iceland, India, Indonesia, New Zealand, Paraguay, Sudan, Syrian Arab Republic, United Kingdom, and United States

International Monetary Fund. Secretary's Department

Abstract

I gather that there was some feeling in outside circles that this year the annual discussion of Fund affairs might be unremarkable. That was never my own view; nor is it the impression with which I am left as these sessions draw to their close. During this last difficult year, much solid progress has been made toward restoring stability in the world monetary system, but there is no cause for complacency. The discussions during the last few days have reflected keen awareness of this fact and have properly laid stress on work still to be done. Some stimulating ideas and suggestions have been advanced, and Governors may be assured that these will be given careful consideration in the Fund.

International Monetary Fund. Secretary's Department

Abstract

I should like to begin these remarks by expressing my warm appreciation for the very friendly reception which Governors have given to me, on this first occasion when I have appeared before them as Managing Director, both in their formal statements and in their personal greetings. At the same time as I begin my service in the Fund, very many countries are beginning their association with us. I have enjoyed the opportunity during the past few days to meet very many Governors of those countries, and I look forward to the opportunity my position affords me to work with them on the many problems which will be of mutual concern.

International Monetary Fund. Secretary's Department

Abstract

… We welcome the attention that the staffs of the World Bank and the Fund have jointly given to the problem of stabilizing the world prices of primary commodities. We share the sentiments expressed by our neighbors concerning the loss of valuable foreign exchange resources that we, in the developing world, suffer from the steady erosion of prices of certain primary commodities. …

International Monetary Fund. Secretary's Department

Abstract

It is not unlikely that I am one of the senior Governors among you, though not necessarily the oldest!

International Monetary Fund. Secretary's Department

Abstract

I should like to begin by congratulating the Managing Director on his excellent opening speech and on the productive work that he and the Executive Directors have performed in recent months, as summarized in the Annual Report for 1968 presently under discussion by this Board of Governors.