Frontmatter Page
Contents
Overview
About the IMF
Message from the Managing Director
FY2015 Key IMF Activities
IMF Policy Priorities in 2015
The Global Policy Agenda
Spotlights
Impact of Falling Oil Prices on the IMF Membership
The Response to Ebola: Emergency Funding and a New Instrument
IMF Support for Ukraine
IMF Interaction with Greece during FY2015
Jobs and Growth
IMF Training Expands through Online Courses
The Free Data Initiative
What We Do: The “Big Three”
Economic Surveillance
Bilateral Surveillance
Taking Stock of the Surveillance Process
Multilateral Surveillance
Policy Advice
Data
Lending
Nonconcessional Financing Activity
Concessional Financing Activity
Program Design
Policy Support Instruments
Capacity Development
Technical Assistance
Training
Donor Support for Capacity Development
Finances, Organization, and Accountability
IMF Organization Chart
Budget and Income
Human Resources Policies and Organization
Accountability
Outreach and Engagement with External Stakeholders
Quotas and Governance
Transparency
Executive Directors and Alternates
Senior Officers
Looking Back/Looking Ahead
Looking Back
Latin America
Africa
Asia
Middle East and Central Asia
Eastern and Central Europe
Commemorating the 70th Anniversary
Looking Ahead
Financing Sustainable Development
Fiscal Work In Progress
Notes
Acronyms
Letter of Transmittal
Boxes
Fiscal implications of falling oil prices
The Catastrophe Containment and Relief Trust
Women and work
2.1. Injecting the financial perspective
2.2. Assessing risks to the global economy
2.3 Supporting Tunisia’s revival
2.4 Zero-interest-rate policy for low-income countries
2.5 Fiscal assessment tools
3.1 Safeguards assessments: policy and activity
3.2. HQ1 building renovation progress
3.3 Outreach to new policy influencers
4.1 European New Member States Policy Forum
Figures
2.1 Arrangements approved during financial years ended April 30, 2006–15
2.2 Nonconcessional loans outstanding, FY2006–15
2.3 Concessional loans outstanding, FY2006–15
2.4 Share of costs of major IMF activities, FY2015
2.5 Spending on capacity development, FY2012–15
2.6 Technical assistance delivery by region, FY2012–15
2.7 Technical assistance delivery by income group, FY2012–15
2.8 Technical assistance delivery by topic, FY2012–15
2.9 Technical assistance delivery through Regional Technical Assistance Centers (RTACs), FY2012–15
2.10 IMF training participation by income group, FY2012–15
2.11 IMF training delivery by region, FY2012–15
Tables
2.1 Arrangements approved in the General Resources Account in FY2015
2.2 Financial terms under IMF General Resources Account credit
2.3 Concessional lending facilities
2.4 Arrangements approved and augmented under the Poverty Reduction and Growth Trust in FY2015
2.5 IMF support to Ebola-afflicted countries, June 2014–April 2015
3.1 Budget by major expenditure category, FY2014–18
3.2 Administrative expenses reported in the financial statements, FY2015
3.3 Arrears to the IMF of countries with obligations overdue by six months or more and by type, as of April 30, 2015
The IMF’s financial year is May 1 through April 30.
The analysis and policy considerations expressed in this publication are those of the IMF Executive Directors.
The unit of account of the IMF is the SDR; conversions of IMF financial data to U.S. dollars are approximate and provided for convenience. On April 30, 2015, the SDR/U.S. dollar exchange rate was US$1 = 0.71103, and the U.S. dollar/SDR exchange rate was SDR 1 = US$1.40642. The year-earlier rates (April 30, 2014) were US$1 = SDR 0.645290 and SDR 1 = US$1.54969.
“Billion” means a thousand million; “trillion” means a thousand billion; minor discrepancies between constituent figures and totals are due to rounding.
As used in this Annual Report, the term “country” does not in all cases refer to a territorial entity that is a state as understood by international law and practice. As used here, the term also covers some territorial entities that are not states but for which statistical data are maintained on a separate and independent basis.