Index
(* indicates Decision as amended)
| Decision No. | Page | |||||
|---|---|---|---|---|---|---|
| A | Accounting by members for transactions with the Fund | 170–3 | 3 | |||
| Accounts: | ||||||
| Administrative accounts, balances held not in excess of 0.1 percent of quota, exclusion from Fund’s holdings of member’s currency | 7060-(82/23) | 341 | ||||
| Borrowed Resources Suspense Accounts | 6844-(81/75) | 269 | ||||
| 6845-(81/75) | 270–71 | |||||
| 7188-(82/114) | 227 | |||||
| General Account; see General Resources Account, below | ||||||
| General Resources Account: | ||||||
| Adjustment of currency holdings of members | 5590-(77/163) | 131 | ||||
| Exchange rate for Fund computations | 5590-(77/163) | 131 | ||||
| Level of Fund SDR holdings, maintenance | 6275-(79/158) | |||||
| G/S | 107 | |||||
| 7626-(84/23) S | 111 | |||||
| 7941-(85/50) S | 111 | |||||
| 8265-(86/70) S | 112 | |||||
| Purchase of SDRs for payment of charges | *5702-(78/39) | |||||
| G/S | 127 | |||||
| Reimbursement for expenses of carrying out business of supplementary financing facility Subsidy Account | 6683-(80/185) | |||||
| G/TR | 367–68 | |||||
| Reimbursement for expenses of conducting business of Trust Fund | 5069-(76/72) | 344, 350 | ||||
| Sales of SDRs for payment of quota increases by members under 7th General Review of Quotas | 6663-(80/160) S | 116 | ||||
| Special Disbursement Account, transfers to supplementary financing facility Subsidy Account | 6683-(80/185) | |||||
| G/TR | 363, 364 | |||||
| 6704-(80/185) | ||||||
| TR | 360, 361 | |||||
| Investment | 7990-(85/81) | 132 | ||||
| 8029-(85/105) | 132 | |||||
| Structural adjustment facility; see Structural adjustment facility | ||||||
| Special Drawing Rights Department, payment of net charges and assessments | 7116-(82/68) S | 335–36 | ||||
| Subsidy Accounts: | ||||||
| Oil facility | *4773-(75/136) | 371–73 | ||||
| Final review and report on termination | 7420-(83/82) | 374 | ||||
| 7484-(83/117) | 374–75 | |||||
| Supplementary financing facility: | ||||||
| Instrument | 6683-(80/185) | |||||
| G/TR | 362–68 | |||||
| Investment of currencies | *6854-(81/78) | |||||
| SBS | 369 | |||||
| Means of payments | 8185-(86/9) | |||||
| SBS/S | 370 | |||||
| Subsidy payments, July 1, 1983–June 30, 1984 | 7754-(84/108) | |||||
| SBS | 370 | |||||
| Subsidy payments, July 1, 1984–June 30, 1985 | 8037-(85/110) | |||||
| SBS | 371 | |||||
| Suspension of transfers and retransfer of surplus to Special Disbursement Account | 7989-(85/81) | |||||
| SBS | 369 | |||||
| Transfer of funds from Special Disbursement Account following termination of Trust Fund | 6704-(80/185) | |||||
| TR | 360–61 | |||||
| Adjustment process, international, review | 5392-(77/63) | 12 | ||||
| Administrative accounts; see Accounts | ||||||
| Andean Reserve Fund, prescription as holder of special drawing rights | 6486-(80/77) S | 314 | ||||
| Arab Monetary Fund, prescription as holder of special drawing rights | 6609-(80/126) S | 314n | ||||
| Articles of Agreement1 | ||||||
| Amendment, Second | B/G Res. 29–8 | 382 | ||||
| B/G Res. 29–10 | 390 | |||||
| Article I, purposes of the Fund | 287–3 | 23 | ||||
| 433-(55/42) | 276 | |||||
| 1034-(60/27) | 281 | |||||
| *4377-(74/114) | 32 | |||||
| *4773-(75/136) | 371 | |||||
| 5069-(76/72) | 344 | |||||
| Article III, Section 2, adjustment of quotas | 408–2 | 3 | ||||
| Article III, Section 2(a), general review of quotas | B/G Res. 31–2 | 399 | ||||
| B/G Res. 34–2 | 402 | |||||
| B/G Res. 38–1 | 413 | |||||
| Article IV: | ||||||
| Consultations | 5392-(77/63) | 9–15 | ||||
| 6026-(79/13) | 15 | |||||
| 6056-(79/38) | 26 | |||||
| 6790-(81/43) | 297 | |||||
| 7427-(83/83) | 17–18 | |||||
| 7646-(84/40) | 16 | |||||
| 7939-(85/49) | 16–17 | |||||
| Exchange arrangements | 5392-(77/63) | 9–10 | ||||
| 5712-(78/41) | 8 | |||||
| Article IV, Section 3, surveillance over exchange rate policies | 5392-(77/63) | 10–11 | ||||
| 6026-(79/13) | 14–15 | |||||
| Article V, Section 1 | *1289-(62/1) | 156 | ||||
| Article V, Section 3, application of Fund policies to purchases of currency borrowed by Fund | *1289-(62/1) | 153 | ||||
| Article V, Section 3(a), “consistent with the provisions of this Agreement,” meaning | 287–3 | 23 | ||||
| Article V, Section 3(b)(iii), waiver | *4377-(74/114) | 34 | ||||
| 5508-(77/127) | 43 | |||||
| 6783-(81/40) | 49 | |||||
| Article V, Section 3(d): | ||||||
| Sale of members’ currencies for repurchases | 5704-(78/39) | 118 | ||||
| Selection of currencies in purchases | 6273-(79/158) | |||||
| G/S | 104 | |||||
| 6274-(79/158) | 105, 106 | |||||
| 6352-(79/183) | 108 | |||||
| 6774-(81/35) | 112 | |||||
| Article V, Section 3(f), transfers of SDRs | 6275-(79/158) | |||||
| G/S | 107 | |||||
| Article V, Section 5, limitation on use of Fund’s resources | 284–3 | 115 | ||||
| 286–1 | 115 | |||||
| 7842-(84/165) | 79 | |||||
| Article V, Section 6, sale of SDRs by the Fund | 6663-(80/160) S | 116 | ||||
| Article V, Section 6(b), transfers of SDRs by the Fund | 6274-(79/158) | 105 | ||||
| 6774-(81/35) | 112 | |||||
| Article V, Section 7, repurchases | *1289-(62/1) | 153 | ||||
| *5703-(78/39) | 122–23 | |||||
| 5704-(78/39) | 117–18 | |||||
| 5809-(78/88) | 123 | |||||
| Article V, Section 7(b), early repurchases | 5704-(78/39) | 117 | ||||
| 6172-(79/101) | 119 | |||||
| 6273-(79/158) | ||||||
| G/S | 104 | |||||
| Article V, Section 7(d), prompt repurchase of overcompensation under compensatory financing facility | ||||||
| Article V, Section 7(i), guidelines for selection of currencies used in repurchases | 6274-(79/158) | 105, 106 | ||||
| 6774-(81/35) | 112, 113 | |||||
| Article V, Section 8, media of payment of charges | *5702-(78/39) | |||||
| G/S | 126 | |||||
| Article V, Section 8(b), charges | *5703-(78/39) | 121 | ||||
| 6008-(79/3) | 196 | |||||
| 7060-(82/23) | 341 | |||||
| Article V, Section 8(b), (c), and (d), charges | 4239-(74/67) | 126 | ||||
| Article V, Section 9(a), remuneration | 7060-(82/23) | 341 | ||||
| Article V, Section 11, adjustment of Fund’s holdings of members’ currencies | 5590-(77/163) | 130–31 | ||||
| Article V, Section 12(f)(ii), balance of payments assistance on special terms to low-income developing members in difficult circumstances | 6704-(80/185) | |||||
| TR | 361 | |||||
| Article VI, Section 1, use of Fund’s resources | 541-(56/39) | 147 | ||||
| 1238-(61/43) | 23 | |||||
| Article VI, Section 3, controls on capital transfers | 541-(56/39) | 147 | ||||
| Article VII, replenishment of Fund’s holdings of currencies | 5508-(77/127) | 38 | ||||
| 5509-(77/127) | 187–89 | |||||
| 6783-(81/40) | 46 | |||||
| 6843-(81/75) | 198 | |||||
| Article VII, Section 1, borrowing by Fund | *1289-(62/1) | 148 | ||||
| 7677-(84/64) | 254 | |||||
| Article VIII: | ||||||
| Bilateralism | 433-(55/42) | 276 | ||||
| Consultations | 5392-(77/63) | 13 | ||||
| Retention quotas | 201-(53/29) | 277–79 | ||||
| Article VIII and Article XIV | 1034-(60/27) | 281–82 | ||||
| Article VIII, Sections 2, 3, and 4, acceptance of obligations | 1034-(60/27) | 282 | ||||
| Article VIII, Section 2(a): | ||||||
| Payments restrictions | 144-(52/51) | 275 | ||||
| 3153-(70/95) | 283 | |||||
| Article VIII, Section 2(b), unenforceability of exchange contracts | 446–4 | 273 | ||||
| Article VIII, Section 3, multiple currency practices | 237–2 | 286, 291 | ||||
| 5712-(78/41) | 9 | |||||
| 6790-(81/43) | 296 | |||||
| Article VIII, Section 7 | B/G Res. 34–3 | 426 | ||||
| Article IX, Section 7, privilege for communications | 534–3 | 301 | ||||
| Article XII, Section 3(b) (i) and 3(f) | 2–1 | 303 | ||||
| Article XII, Section 3(c): | ||||||
| Additional appointed Executive Directors | *574–2 | 303 | ||||
| Determination of member’s entitlement to appoint Executive Director | 7060-(82/23) | 341 | ||||
| “The preceding two years,” meaning | 597–4 | 304 | ||||
| Article XIV: | ||||||
| Articles VIII and XIV | 1034-(60/27) | 281–82 | ||||
| Bilateralism | 433-(55/42) | 276 | ||||
| Consultations | 5392-(77/63) | 13 | ||||
| Retention quotas | 201-(53/29) | 277–79 | ||||
| Article XIV, Section 1 | 1034-(60/27) | 281 | ||||
| Article XIV, Section 2: | ||||||
| Multiple currency practices | 237–2 | 291 | ||||
| Payments restrictions | 144-(52/51) | 275 | ||||
| 3153-(70/95) | 283 | |||||
| Transitional arrangements | 446–4 | 274 | ||||
| Article XIV, Section 3 | 117–1 | 306 | ||||
| Article XVII, Section 3, other holders of special drawing rights | 6467-(80/71) S | 311 | ||||
| 6484-(80/77) S | 314 | |||||
| 6485-(80/77) S | 315 | |||||
| 6486-(80/77) S | 314 | |||||
| 7629-(84/25) | 167 | |||||
| Article XVIII, allocation of special drawing rights | B/G Res. 24–12 | 422 | ||||
| B/G Res. 34–3 | 424–31 | |||||
| Article XVIII, Section 2(d), allocations of special drawing rights to new participants | 5956-(78/180) S | 316 | ||||
| 6368-(79/191) S | 316 | |||||
| Article XIX, Section 2(c): | ||||||
| Acceptance and use of special drawing rights by prescribed holders | 6467-(80/71) S | 311 | ||||
| Operations and transactions in special drawing rights between participants | *6000-(79/1) S | 317 | ||||
| 6001-(79/1) S | 318 | |||||
| *6053-(79/34) S | 320 | |||||
| *6054-(79/34) S | 322 | |||||
| 6336-(79/178) S | 324 | |||||
| 6337-(79/178) S | 326 | |||||
| 6437-(80/37) S | 327 | |||||
| Article XIX, Section 5, designation of participants to provide currency | 6209-(79/124) S | 329 | ||||
| Article XIX, Section 5(a)(i), designation plans | 6273-(79/158) | |||||
| G/S | 104 | |||||
| Article XIX, Section 6(b), abrogation of rules for reconstitution | 6832-(81/65) S | 333 | ||||
| Article XIX, Section 7(a),, calculation of exchange rates | *1289-(62/1) | 155 | ||||
| 7041-(82/8) | ||||||
| G/S | 334 | |||||
| Article XX, Section 1, interest paid on holdings of special drawing rights | 6467-(80/71) S | 311 | ||||
| Article XX, Section 5, application against unpaid charges of special drawing rights acquired by participants after payment date | 7116-(82/68) S | 336 | ||||
| Article XXII | B/G Res. 34–3 | 426 | ||||
| Article XXIII, Section 1, suspension of operations and transactions in special drawing rights | 6467-(80/71) S | 313 | ||||
| Article XXVI, Section 2(a), ineligibility to use Fund resources | 343-(54/47) | 337 | ||||
| Article XXVI, Section 3 | *1289-(62/1) | 156 | ||||
| Article XXVII | *1289-(62/1) | 157 | ||||
| Article XXVII, Section 1(a)(i), suspension of transactions covered by stand-by arrangements | *270-(53/95) | 60 | ||||
| Article XXIX (a), list of interpretations under | ||||||
| Article XXX (c): | ||||||
| Exclusion of purchases and holdings under buffer stock facility | 5591-(77/163) | 338 | ||||
| Exclusion of purchases and holdings under compensatory financing of export fluctuations | 2836-(69/87) | 338 | ||||
| Exclusion of purchases and holdings under compensatory financing of fluctuations in the cost of cereal imports | *6860-(81/81) | 91 | ||||
| Exclusion of purchases and holdings under extended facility | 6830-(81/65) | 340 | ||||
| Exclusion of purchases and holdings under policy on enlarged access | 6783-(81/40) | 340 | ||||
| Exclusion of purchases and holdings under supplementary financing facility | 5508-(77/127) | 339 | ||||
| Exclusion of purchases under oil facility | 5371-(77/51) | 339 | ||||
| Exclusion relating to purchases in credit tranches | 6830-(81/65) | 340 | ||||
| Article XXX (f), freely usable currencies | 5719-(78/46) | 343 | ||||
| Schedule B, repurchases | *5703-(78/39) | 122–23 | ||||
| 5704-(78/39) | 118 | |||||
| 6008-(79/3) | 196 | |||||
| Schedule B, paragraph 7(b), use of amounts in excess of capital value available from gold sales for benefit of developing countries | 5069-(76/72) | 343 | ||||
| Schedule F, rules for designation | 6209-(79/124) S | 330 | ||||
| Schedule G, rules for reconstitution, abrogation | 6832-(81/65) S | 333 | ||||
| Schedule J | *1289-(62/1) | 156 | ||||
| Schedule K | *1289-(62/1) | 157 | ||||
| 5288-(76/167) | 176 | |||||
| 5387-(77/61) | 180 | |||||
| Schedule K, paragraph 1 | 5288-(76/167) | 176 | ||||
| 5387-(77/61) | 180 | |||||
| Asian Development Bank, prescription as holder of special drawing rights | 7229-(82/136) S | 315n | ||||
| Assessments, payment in SDR Department; see Accounts, Special Drawing Rights Department, payment of net charges and assessments | ||||||
| Attribution of reductions in Fund’s holdings of currency | *6831-(81/65) | 124 | ||||
| 6774-(81/35) | 114 | |||||
| Review | 7704-(84/78) | 125 | ||||
| Audit: | ||||||
| Oil facility Subsidy Account | *4773-(75/136) | 373 | ||||
| Supplementary financing facility Subsidy Account | 6683-(80/185) | |||||
| G/TR | 368 | |||||
| Trust Fund | 5069-(76/72) | 350 | ||||
| Augmentation; see Purchase transactions, Augmentation | ||||||
| B | Balance of payments position: | |||||
| Assessment for assistance from Trust Fund | 5069-(76/72) | 346 | ||||
| Assessment for purposes of designation plans, operational budgets, and early repurchases | 6273-(79/158) | |||||
| G/S | 104 | |||||
| Discrimination for balance of payments reasons | 955-(59/45) | 280 | ||||
| Bank for International Settlements: | ||||||
| Borrowing agreement with Fund | *6863-(81/81) | 242 | ||||
| 7677-(84/64) | 254 | |||||
| 7955-(85/60) | 266 | |||||
| Deposit by Managing Director of currencies held in supplementary financing facility Subsidy Account | 6854-(81/78) | |||||
| SBS | 369 | |||||
| Prescription as holder of special drawing rights | 6484-(80/77) S | 313 | ||||
| Trust Fund deposits denominated in SDRs | 5973-(78/189) | |||||
| TR | 354 | |||||
| Bank of Central African States, prescription as holder of special drawing rights | 7064-(82/26) S | 315n | ||||
| Belgium, National Bank of, Borrowing agreement with Fund; see Borrowing by the Fund | ||||||
| Bilateralism | 433-(55/42) | 276 | ||||
| Borrowing by the Fund: | ||||||
| Agreement with Bank for International Settlements | *6863-(81/81) | 242 | ||||
| 7677-(84/64) | 254 | |||||
| 7955-(85/60) | 266 | |||||
| Agreement with central banks and other official institutions | 6864-(81/81) | 245 | ||||
| Agreement with Japan | 7677-(84/64) | 254 | ||||
| 7955-(85/60) | 266, 268 | |||||
| Agreement with National Bank of Belgium | 7677-(84/64) | 254 | ||||
| 7955-(85/60) | 266, 269 | |||||
| Agreement with Saudi Arabian Monetary Agency | 6843-(81/75) | 198 | ||||
| Change in conversion arrangements | 7188-(82/114) | 227 | ||||
| Supplementary Agreement | 7677-(84/64) | 228 | ||||
| Agreement with Swiss National Bank: | ||||||
| 1976 | 5288-(76/167) | 172 | ||||
| 1977 | 5387-(77/61) | 176 | ||||
| Interest, media of payment | 5331-(77/15) | 180 | ||||
| 5488-(77/116) | 181 | |||||
| Transfer charges, media of payment | 5306-(77/2) | 181 | ||||
| 5488-(77/116) | 181 | |||||
| Use of special drawing rights in repayment | 6485-(80/77) S | 315 | ||||
| Agreements between Fund and its members, memorandum of Director of the Legal Department of the Fund | 6843-(81/75) | |||||
| Annex | 223–25 | |||||
| Borrowed Resources Suspense Accounts | 6844-(81/75) | 269 | ||||
| 6845-(81/75) | 270 | |||||
| 7188-(82/114) | 227 | |||||
| Borrowed resources, use to finance purchases under arrangements providing enlarged access to Fund’s resources | 6783-(81/40) | 46–49 | ||||
| General Arrangements to Borrow: | ||||||
| Associated borrowing arrangements | ||||||
| “Outstanding borrowing and unused credit lines,” clause in respect of GAB in guidelines for Fund borrowing | *7040-(82/7) | 271 | ||||
| Saudi Arabia, association agreement | 7403-(83/73) | 182 | ||||
| Transferability of claims | 7629-(84/25) | 166–68 | ||||
| Swiss National Bank, participation of | *1289-(62/1) | 159–60 | ||||
| Switzerland, association of | 1712-(64/29) | 168 | ||||
| Transferability of claims, see Transferability of claims | ||||||
| Use of credit arrangements for nonparticipants | *1289-(62/1) | 158–59 | ||||
| Guidelines | 7040-(82/7) | 271–72 | ||||
| Issuance of bearer notes by Fund | 6843-(81/75) | 199 | ||||
| 6864-(81/81) | 249, 250 | |||||
| Supplementary financing facility: | ||||||
| Authorization to make calls | 6006-(79/3) | 195 | ||||
| Interest payment procedure | 6163-(79/96) | 196 | ||||
| Meaning of “net creditor position in the Fund” | 6008-(79/3) | 196 | ||||
| Replenishment of holdings of currencies | 5509-(77/127) | 187 | ||||
| Subsidy Account | 6683-(80/185) | |||||
| G/TR | 362–69 | |||||
| Buffer stock financing facility | *2772-(69/47) | 94 | ||||
| Access limit and review | *2772-(69/47) | 94 | ||||
| Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase” | 5591-(77/163) | 338 | ||||
| International Natural Rubber Agreement, 1979 | 7246-(82/147) | 102 | ||||
| International Sugar Agreement, 1977 | 5597-(77/171) | 99 | ||||
| International Tin Agreements: | ||||||
| 4th | 3179-(70/102) | 95 | ||||
| 3351-(71/51) | 96 | |||||
| 5th | 5127-(76/91) | 96 | ||||
| 6th | 7247-(82/147) | 97 | ||||
| Repurchases | *5703-(78/39) | 121–23 | ||||
| 6th International Tin Agreement | 7247-(82/147) | 98 | ||||
| 1977 International Sugar Agreement | 5597-(77/171) | 101 | ||||
| International Natural Rubber Agreement, 1979 | 7246-(82/147) | 102 | ||||
| C | Capital transfers: | |||||
| Controls by members | 541-(56/39) | 147 | ||||
| B/G Res. 29–10 | 392 | |||||
| Restrictions | 237–2 | 289 | ||||
| Use of Fund’s resources for | 1238-(61/43) | 23 | ||||
| B/G Res. IM-6 | 379 | |||||
| Central Bank of West African States, prescription as holder of special drawing rights | 6908-(81/101) S | 314n | ||||
| “Changing circumstances,” adaptation of multiple currency practices | 237–2 | 293 | ||||
| Charges: | ||||||
| Accounting for charges from members with overdue obligations | 7930-(85/41) | 127 | ||||
| Balances held in Fund’s administrative accounts not in excess of 0.1 percent of quota not to be considered part of Fund’s holdings of member’s currency for calculation | 7060-(82/23) | 341 | ||||
| Borrowing agreements with Swiss National Bank | 5288-(76/167) | 172 | ||||
| 5306-(77/2) | 181 | |||||
| 5387-(77/61) | 176 | |||||
| 5488-(77/116) | 181 | |||||
| Enlarged access policy | 6783-(81/40) | 46–49 | ||||
| Extended Fund facility | *4377-(74/114) | 32–36 | ||||
| 4720-(75/114) | 38 | |||||
| *6838-(81/70) | 61 | |||||
| Future changes | 4239-(74/67) | 126 | ||||
| Interest on Trust Fund loans; see Interest | ||||||
| Media of payment | *5702-(78/39) | |||||
| G/S | 126 | |||||
| Oil facility Subsidy Account; see Accounts, Subsidy Accounts | ||||||
| Overdue obligations to Fund, Special Charges | 8165-(85/189) | |||||
| G/TR | 127–29, 358 | |||||
| Payment by nonparticipant in Special Drawing Rights Department | *5702-(78/39) | |||||
| G/S | 126 | |||||
| Payment of net charges and assessments in Special Drawing Rights Department, procedure when participants fail to hold adequate SDRs or to acquire them from other participants or Fund | 7116-(82/68) S | 335 | ||||
| Setoff in connection with retroactive reduction | 8271-(86/74) | 129 | ||||
| Special charges on overdue obligations to Fund | 8165-(85/189) | |||||
| G/TR | 127–29 | |||||
| Stand-by arrangements | *6838-(81/70) | 65 | ||||
| Supplementary financing facility | 5508-(77/127) | 43 | ||||
| Supplementary financing facility Subsidy Account; see Accounts, Subsidy Accounts | ||||||
| Committee on Reform of the International Monetary System and Related Issues | B/G Comp. Res. | 381 | ||||
| Final report and termination | B/G Res. 29–7 | 382 | ||||
| Support of extended Fund facility | *4377-(74/114) | 32 | ||||
| Voluntary Declaration of Trade on Other Current Account Measures | 4254-(74/75) | 298 | ||||
| Commodities (see also Buffer stock financing facility; Compensatory financing . . .): | ||||||
| Reclassification where subject to multiple currency practices | 237–2 | 291, 293 | ||||
| Communications, privilege for | 534–3 | 301 | ||||
| Compensatory financing of export fluctuations | 6224-(79/135) | 82 | ||||
| Access limit | 6224-(79/135) | 83 | ||||
| Cooperation, guidelines on | 7528-(83/140) | 87 | ||||
| Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase” | 2836-(69/87) | 338 | ||||
| Integration of assistance with that available under decision on compensatory financing of fluctuations in the cost of cereal imports | *6860-(81/81) | 88–93 | ||||
| Repurchases | *5703-(78/39) | 121–23 | ||||
| Representation of intention to repurchase amount of overcompensation | 6224-(79/135) | 84 | ||||
| Legal interpretaion | EBM/82/1 | 85–86 | ||||
| Compensatory financing of fluctuations in the cost of cereal imports | *6860-(81/81) | 88–93 | ||||
| Access limit and review | 7490-(83/105) | 93–94 | ||||
| Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase” | *6860-(81/81) | 91 | ||||
| Repurchases | *5703-(78/39) | 121–23 | ||||
| *6860-(81/81) | 92 | |||||
| Conditionality; see Use of Fund’s resources, Conditionally | ||||||
| “Consistent with the provisions of this Agreement,” meaning in Article V, Section 3 | 287–3 | 23 | ||||
| Consultations with European Monetary Cooperation Fund on calculation of representative rate for European Currency Unit | 7041-(82/8) | |||||
| G/S | 334 | |||||
| Consultation with members: | ||||||
| Before accepting obligations of Article VIII, Sections 2, 3, and 4 | 1034-(60/27) | 282 | ||||
| Bilateral arrangements | 433-(55/42) | 276–77 | ||||
| Changes in members’ exchange arrangements, notification to Fund | 5712-(78/41) | 8 | ||||
| Commodity field, attention to policies | *2772-(69/47) | 95 | ||||
| Conduct by Managing Director in interval between Article IV consultations | 5392-(77/63) | 14 | ||||
| 6026-(79/13) | 15 | |||||
| Consultations under Article IV | 5392-(77/63) | 13 | ||||
| 6026-(79/13) | 15 | |||||
| 6056-(79/38) | 28 | |||||
| 6790-(81/43) | 297 | |||||
| Discussions on use of Fund’s resources | 102-(52/11) | 24 | ||||
| During period of extended arrangement | *6838-(81/70) | 71 | ||||
| During period of stand-by arrangement | *6838-(81/70) | 66 | ||||
| Exchange measures needing approval under Article VIII | 1034-(60/27) | 282 | ||||
| Members’ policies in present circumstances | 4134-(74/4) | 285 | ||||
| Multiple currency practices | 237–2 | 288 | ||||
| Periodic discussions under Article VIII | 1034-(60/27) | 282 | ||||
| Resumption of purchases under extended arrangements | *6838-(81/70) | 69 | ||||
| Resumption of purchases under stand-by arrangements | *270-(53/95) | 60 | ||||
| *6838-(81/70) | 64 | |||||
| Retention quotas | 201-(53/29) | 277 | ||||
| Special consultations | 5392-(77/63) | 13 | ||||
| Whether measure is exchange restriction | 1034-(60/27) | 282 | ||||
| Consultations with prescribed holders of special drawing rights | 6467-(80/71) S | 312 | ||||
| Convertibility: | ||||||
| Acceptance of obligations of Article VIII, Sections 2, 3, and 4 | 1034-(60/27) | 282 | ||||
| Approval of exchange restrictions | 1034-(60/27) | 282 | ||||
| Bilateralism | 433-(55/42) | 276 | ||||
| Consultation with Fund | 1034-(60/27) | 282 | ||||
| Discrimination | 955-(59/45) | 280 | ||||
| Multiple currency practices; see Multiple currency practices | ||||||
| Retention quotas | 201-(53/29) | 277–79 | ||||
| Credit tranches; see Tranche policies | ||||||
| Creditworthiness, factor in determining use of Fund’s resources | 102-(52/11) | 24 | ||||
| Currencies (see also Borrowing by the Fund; Covertibility; Holdings of the Fund; Investment): | ||||||
| Arrangements for use in operations and transactions of Fund | B/G Res. 31–2 | 401 | ||||
| Composition of special drawing right | 6631-(80/145) | |||||
| G/S | 308–309 | |||||
| Freely usable currencies | 5719-(78/46) | 343 | ||||
| Guidelines for use in operational budgets | 6772-(81/35) | |||||
| G/S | 110 | |||||
| Guidelines for use in operations and transactions of General Resources Account | 6273-(79/158) | |||||
| G/S | 104 | |||||
| 6274-(79/158) | 105–107 | |||||
| 6774-(81/35) | 112–13 | |||||
| Payment of subscriptions | 6266-(79/156) | 4–7 | ||||
| B/G Res. 31–2 | 400 | |||||
| B/G Res. 34–2 | 406–407 | |||||
| B/G Res. 38–1 | 417 | |||||
| Rates for computations and maintenance of value | 5590-(77/163) | 130–31 | ||||
| Replenishment in connection with supplementary financing facility | 5509-(77/127) | 187 | ||||
| Sale by agreement with member with outstanding purchases | 6274-(79/158) | 105–107 | ||||
| 6352-(79/183) | 108 | |||||
| 6774-(81/35) | 112–13 | |||||
| Selection for payment of charges | *5702-(78/39) | |||||
| G/S | 126 | |||||
| Specified by the Fund, use in repurchases | *5703-(78/39) | 123 | ||||
| 5809-(78/88) | 124 | |||||
| Subscribed to the Fund, ownership | 170–3 | 3 | ||||
| D | Debt management policies; see External debt management policies | |||||
| Deferred income; see Overdue obligations to Fund, Deferred income | ||||||
| Designation; see Special drawing rights | ||||||
| Development Committee; see Joint Ministerial Committee | ||||||
| Discriminatory practices imposed for balance of payments reasons (see also Exchange restrictions) | 955-(59/45) | 280 | ||||
| Drawings; see Purchase transactions; Use of Fund’s resources | ||||||
| E | East African Development Bank, prescription as holder of special drawing rights | 7582-(83/174) S | 315n | |||
| East Caribbean Central Bank, prescription as holder of special drawing rights | 7707-(84/79) S | 315n | ||||
| Enemy-occupied, former, members, introduction of multiple currency practices | 237–2 | 291, 292 | ||||
| Enhanced surveillance | Chairman’s | |||||
| Summing up | 19–22 | |||||
| Procedures for transmittal of staff reports | 8222-(86/45) | 19 | ||||
| Chairman’s | ||||||
| Summing up | 19–22 | |||||
| Enlarged access, policy on | 6783-(81/40) | 46 | ||||
| Access limits, guidelines | *7600-(84/3) | 50–51 | ||||
| Chairman’s Summing up of Dec. 2, 1983 | 52–55 | |||||
| Apportionment between ordinary and borrowed resources | 7601-(84/3) | 51–52 | ||||
| Borrowed Resources Suspense Accounts; see Accounts | ||||||
| Borrowing agreement with Bank for International Settlements | *6863-(81/81) | 242 | ||||
| 7677-(84/64) | 254 | |||||
| Borrowing agreement with Japan | 7677-(84/64) | 254, 258 | ||||
| Borrowing agreement with National Bank of Belgium | 7677-(84/64) | 254, 262 | ||||
| Borrowing agreement with Saudi Arabian Monetary Agency | 6843-(81/75) | 198 | ||||
| Change in conversion arrangements | 7188-(82/114) | 227 | ||||
| Supplementary agreement | 7677-(84/64) | 228 | ||||
| Borrowing from central banks and other official institutions | 6864-(81/81) | 245 | ||||
| Charges | 6783-(81/40) | 49 | ||||
| Exclusion of purchases with borrowed resources and holdings under Article XXX (c) | 6783-(81/40) | 49 | ||||
| Forms of stand-by and extended arrangements | *6838-(81/70) | 61–71 | ||||
| Period | *7599-(84/3) | 49–50 | ||||
| Repurchases; see Repurchases Review | *7599-(84/3) | 50 | ||||
| Utilization of supplementary financing facility for enlarged access resources; see Supplementary financing facility | ||||||
| European Currency Unit, representative rate in terms of SDR | 7041-(82/8) G/S | 334 | ||||
| European Monetary Cooperation Fund, consultation on calculation of representative rate for European Currency Unit | 7041-(82/8)G/S | 334 | ||||
| “Exceptional circumstances,” meaning in Article XIV, Section 3 (Section 4 before Second Amendment) | 117–1 | 306 | ||||
| 237–2 | 292 | |||||
| Exchange arrangements, notification | 5392-(77/63) | 13 | ||||
| 5712-(78/41) | 8 | |||||
| Exchange contracts, unenforceability | 446–4 | 273–74 | ||||
| Exchange control regulations, Fund prepared to advise whether maintained or imposed consistently with Fund Agreement | 446–4 | 274 | ||||
| Exchange controls on capital transfers | 541-(56/39) | 147 | ||||
| Exchange rates: | ||||||
| Borrowing arrangements by Fund | *1289-(62/1) | 155 | ||||
| Exchange rate policies of members, surveillance | 5392-(77/63) | 10 | ||||
| Flexible exchange arrangements | 5712-(78/41) | 8–9 | ||||
| Floating, guidelines | B/G Res. 29–10 | 392 | ||||
| Fluctuating: | ||||||
| Multiple currency practices (fixed and fluctuating rates) | 237–2 | 289 | ||||
| Scope of transactions to be agreed with Fund | 237–2 | 290 | ||||
| Free markets | 237–2 | 290 | ||||
| Multiple currency practices arising from official action | 6790-(81/43) | 295–97 | ||||
| Notification to Fund | 5392-(77/63) | 13 | ||||
| 5712-(78/41) | 8 | |||||
| Pegs, notification to Fund of changes | 5712-(78/41) | 8–9 | ||||
| Representative rate for European Currency Unit in terms of SDR | 7041-(82/8) G/S | 334 | ||||
| Unification in multiple rate systems a basic objective of Fund | 649-(57/33) | 294 | ||||
| Exchange restrictions (see also Payments restrictions): | ||||||
| Approval | 1034-(60/27) | 282 | ||||
| Avoidance of escalation | 4134-(74/4) | 285 | ||||
| 4254-(74/75) | 298 | |||||
| Bilateralism | 433-(55/42) | 276 | ||||
| Capital transactions; see Capital transfers | ||||||
| Consultations with Fund | 1034-(60/27) | 282 | ||||
| Discrimination | 955-(59/45) | 280 | ||||
| Guiding principle of whether measure is a restriction on payments and transfers for current international transactions | 1034-(60/27) | 281 | ||||
| Introduction | 1034-(60/27) | 281–82 | ||||
| Maintenance | 1034-(60/27) | 281–82 | ||||
| Multiple currency practices | 237–22 | 286 | ||||
| 649–07/33) | 294 | |||||
| 6790-(81/43) | 295–97 | |||||
| Payments arrears | 3153-(70/95) | 283–85 | ||||
| Retention quotas | 201-(53/29) | 277–79 | ||||
| Security reasons; see Payments restrictions | ||||||
| Transitional arrangements under Article XIV, obligations under Article VIII, Sections 2, 3, and 4 | 1034-(60/27) | 282 | ||||
| Withdrawal, representation by Fund | 117–1 | 306 | ||||
| Exchange systems, avoidance of use for nonbalance of payment reasons | 1034-(60/27) | 282 | ||||
| Exchange taxes | 237–2 | 289, 293 | ||||
| Notification to Fund | 5712-(78/41) | 9 | ||||
| Exchange transactions; see Purchase transactions | ||||||
| Exclusion of balances held in administrative accounts; see Accounts, Administrative accounts | ||||||
| Exclusion of purchases and holdings under Fund policies; see Article XXX (c) | ||||||
| Executive Board: | ||||||
| Annual review of decision on oil facility Subsidy Account | *4773-(75/136) | 373 | ||||
| Annual review of implementation of surveillance over members’ exchange rate policies | 5392-(77/63) | 14 | ||||
| 6026-(79/13) | 15 | |||||
| 7646-(84/40) | 16 | |||||
| 7939-(85/49) | 16 | |||||
| Annual review of upper-maturity limit in guidelines on performance criteria with respect to foreign borrowing | 6230-(79/140) | 30 | ||||
| Communication of changes in members’ exchange arrangements | 5712-(78/41) | 8 | ||||
| Information on operation of buffer stocks | 3179-(70/102) | 96 | ||||
| 5127-(76/91) | 97 | |||||
| 5597-(77/171) | 101 | |||||
| 7246-(82/147) | 103 | |||||
| 7247-(82/147) | 99 | |||||
| Report to Board of Governors on quota increases under General Reviews of Quotas: | ||||||
| 7th | B/G Res. 34–2 | 402 | ||||
| 8th | B/G Res. 38–1 | 413 | ||||
| Review and change of rules for designation | 6209-(79/124) S | 332 | ||||
| Review of broad developments in exchange rates | 5392-(77/63) | 13 | ||||
| Review of decision on extended Fund facility | *4377-(74/114) | 35 | ||||
| 5220-(76/144) | 36 | |||||
| 7558-(83/156) | 36 | |||||
| 7857-(84/175) | 37 | |||||
| Review of functioning of international adjustment process | 5392-(77/63) | 12 | ||||
| Review of guidelines for borrowing by Fund | 7040-(82/7) | 272 | ||||
| Review of level of Fund’s SDR holdings | 6275-(79/158) | |||||
| G/S | 107 | |||||
| 7626-(84/23) S | 111 | |||||
| 7941-(85/50) S | 111 | |||||
| Review of prescriptions of holders of special drawing rights | 6467-(80/71) S | 312 | ||||
| Review of quota calculation method | B/G Res. 38–1 | 413 | ||||
| Executive Directors: | ||||||
| Additional appointed, meaning of “the preceding two years” in Article XII, Section 3(c) | 597–4 | 304 | ||||
| Appointment by members having five largest quotas | 2–1 | 303 | ||||
| Determination of members entitled to appoint under Article XII, Section 3(c) | *574–2 | 303–304 | ||||
| Balances held in Fund’s administrative accounts not in excess of 0.1 percent of quota not to be considered part of Fund’s holdings of member’s currency for determination | 7060-(82/23) | 341 | ||||
| Participation in meetings of Development Committee | B/G Res. 29–9 | 388 | ||||
| Participation in meetings of Interim Committee | B/G Res. 29–8 | 383 | ||||
| Voting power, effect of quota changes | 180–5 | 304 | ||||
| Export shortfalls, financing; see Compensatory financing of export fluctuations | ||||||
| Extended arrangements | *4377-(74/114) | 32–36 | ||||
| Amendment to utilize supplementary financing | 7047-(82/13) | 72 | ||||
| 7048-(82/13) | 74 | |||||
| Amounts to be made available under enlarged access policy decision, guidelines | *7600-(84/3) | 50–51 | ||||
| Augmentation of rights to make purchases, elimination | 5706-(78/39) | 71 | ||||
| Charge | *4377-(74/114) | 35 | ||||
| 4720-(75/114) | 38 | |||||
| *6838-(81/70) | 70 | |||||
| Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase” | 6830-(81/65) | 340 | ||||
| Form under enlarged access policy | *6838-(81/70) | 61 | ||||
| 7048-(82/13) | 74 | |||||
| 7908-(85/26) | 75 | |||||
| Ineligibility | *6838-(81/70) | 69 | ||||
| Publicity upon declaration | 7931-(85/41) | 305 | ||||
| 7999-(85/90) | 305 | |||||
| Misreporting and noncomplying purchases, guidelines on corrective action | 7842-(84/165) | 77–79 | ||||
| Noncomplying purchases; see Misreporting and noncomplying purchases | ||||||
| Overdue obligations to Fund, purchases from Fund | 7908-(85/26) | 75 | ||||
| EBM/84/54 | 75–76 | |||||
| Provision for enlarged access to Fund’s resources | 6783-(81/40) | 46 | ||||
| Provision for supplementary financing | 5508-(77/127) | 38–44 | ||||
| 6693-(80/177) | 45 | |||||
| 6725-(81/5) | 45 | |||||
| Repurchases; see Repurchases | ||||||
| Review of decision on extended Fund facility | 5220-(76/144) | 36 | ||||
| 7558-(83/156) | 36–37 | |||||
| 7857-(84/175) | 37 | |||||
| Suspension of right to engage in purchase transactions | *6838-(81/70) | 69 | ||||
| Utilization of supplementary financing facility for enlarged access resources; see Amendment to utilize . . . , above | ||||||
| Extended Fund facility; see Extended arrangements | ||||||
| External debt management policies | 6230-(79/140) | 29 | ||||
| F | “First credit tranche,” Fund attitude to request for transactions | 25 | ||||
| Floating rates; see Exchange rates | ||||||
| Fluctuating exchange rates; see Exchange rates Freely usable currencies | 5719-(78/46) | 343 | ||||
| Free markets; see Exchange rates | ||||||
| Fund resources, use; see Use of Fund’s resources | ||||||
| Fund’s holdings; see Holdings of the Fund | ||||||
| G | General Agreement on Tariffs and Trade | 1034-(60/27) | 283 | |||
| 4254-(74/75) | 299–300 | |||||
| B/G Res. 29–10 | 393 | |||||
| General Arrangements to Borrow; see Borrowing by the Fund | ||||||
| General Resources Accounts; see Accounts | ||||||
| Gold: | ||||||
| Repurchase obligations, discharge by payment in SDRs or currencies of other members specified by Fund | *5703-(78/39) | 122–23 | ||||
| 5809-(78/88) | 123–24 | |||||
| Sale, amounts available to Trust Fund | 5069-(76/72) | 349 | ||||
| Sale for benefit of developing members, distribution of profits through Trust Fund | 5069-(76/72) | 344 | ||||
| 5709-(78/41) TR | 354–55 | |||||
| 5832-(78/95) TR | 355 | |||||
| 6540-(80/98) TR | 360 | |||||
| Sale, transfer of profits to Trust Fund | 5069-(76/72) | 345 | ||||
| Subscribed to Fund, ownership | 170–3 | 3 | ||||
| Gross reserve position; see Reverse position, gross | ||||||
| H | Holdings of the Fund: | |||||
| Adjustment by Fund | 5590-(77/163) | 130–31 | ||||
| Attribution of reductions to enlargement of member’s reserve tranche position | 6774-(81/35) | 114 | ||||
| *6831-(81/65) | 124 | |||||
| Attribution of reductions to repurchase obligations | *6831-(81/65) | 124 | ||||
| Balances held in administrative accounts not in excess of 0.1 percent of member’s quota, exclusion from Fund’s holdings of member’s currency for certain purposes | 7060-(82/23) | 341 | ||||
| Computations and adjustment, rates | 5590-(77/163) | 130–31 | ||||
| Exclusion of holdings resulting from credit tranche purchases | 6830-(81/65) | 340 | ||||
| Exclusion under buffer stock facility | 5591-(77/163) | 338 | ||||
| Exclusion under compensatory financing of export fluctuations | 2836-(69/87) | 338 | ||||
| Exclusion under compensatory financing of fluctuations in the cost of cereal imports | *6860-(81/81) | 91–92 | ||||
| Exclusion under enlarged access policy | 6783-(81/40) | 340 | ||||
| Exclusion under extended Fund facility | 6830-(81/65) | 340 | ||||
| Exclusion under oil facility | 5371-(77/51) | 339 | ||||
| Exclusion under supplementary financing facility | 5508-(77/127) | 339 | ||||
| Replenishment; see Article VII, replenishment of Fund’s holdings of currencies; Borrowing by the Fund | ||||||
| Repurchases; see Repurchases | ||||||
| I | Import restrictions imposed for balance of payments reasons, GATT members | 1034-(60/27) | 283 | |||
| Ineligibility; see Extended arrangements; Stand-by arrangements; Use of Fund’s resources | ||||||
| Interest: | ||||||
| Charge on loans from Trust Fund | 5069-(76/72) | 348 | ||||
| Payment on Fund indebtedness to Bank for International Settlements | *6863-(81/81) | 243–44 | ||||
| Payment on Fund indebtedness to central banks and other official institutions | 6864-(81/81) | 246 | ||||
| Payment on Fund indebtedness to Saudi Arabian Monetary Agency | 6843-(81/75) | 202 | ||||
| Payment on Fund indebtedness to Swiss National Bank | 5288-(76/167) | 174 | ||||
| 5331-(77/15) | 180–81 | |||||
| 5387-(77/61) | 178 | |||||
| 5488-(77/116) | 181 | |||||
| Payment on Fund indebtedness under General Arrangements to Borrow | *1289-(62/1) | 152 | ||||
| Payment on Fund indebtedness under supplementary financing facility Subsidy Account | 6683-(80/185) | |||||
| G/TR | 364 | |||||
| Payment under supplementary financing facility | 5509-(77/127) | |||||
| Annex | 191 | |||||
| 6163-(79/96) | 196 | |||||
| Payments by members under Trust Fund loan agreements | 6358-(79/188) | |||||
| Interim Committee of the Board of Governors on the International Monetary System: | ||||||
| Establishment | B/G Res. 29–8 | 382 | ||||
| Review of functioning of international adjustment process | 5392-(77/63) | 12 | ||||
| Rules of procedure | 395 | |||||
| International Bank for Reconstruction and Development, prescription as holder of special drawing rights | 6718-(81/1) S 6718-(81/1) S | 314n 314n | ||||
| International Development Association, prescription as holder of special drawing rights | 6718-(81/1) S | 314n | ||||
| International Fund for Agricultural Development, prescription as holder of special drawing rights | 6489-(80/77) S | 314n | ||||
| International monetary system, reform | B/G Comp. Res. | 381 | ||||
| International Natural Rubber, Sugar, and Tin Agreements; see Buffer stock financing facility | ||||||
| Interpretation of Articles of Agreement | xxvii | |||||
| Investment: | ||||||
| Currencies held in oil facility Subsidy Account | *4773-(75/136) | 372 | ||||
| Currencies held in supplementary financing facility Subsidy Account | 6683-(80/185) | |||||
| G/TR | 364, 367 | |||||
| 6854-(81/78) | ||||||
| SBS | 369 | |||||
| Currency balances held in Trust Fund | 5069-(76/72) | 350 | ||||
| 5972-(78/189) | 353 | |||||
| 5973-(78/189) | ||||||
| TR | 354 | |||||
| Islamic Development Bank, prescription as holder of special drawing rights | 7086-(82/42) S | 315n | ||||
| J | Japan, Borrowing agreement with Fund; see Borrowing by the Fund | |||||
| Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries: | ||||||
| Establishment | B/G Res. 29–9 | 385 | ||||
| Rules of procedure | 395 | |||||
| Secretariat function, changes in organization of work and structure | 397 | |||||
| M | Managing Director: | |||||
| Authority to establish Borrowed Resources Suspense Accounts, and to transfer and invest balances of borrowed currencies | 6844-(81/75) | 269 | ||||
| 6845-(81/75) | 270 | |||||
| Authority to establish oil facility Subsidy Account | *4773-(75/136) | 371 | ||||
| Authority to make calls under borrowing arrangements in connection with supplementary financing facility | 6006-(79/3) | 195 | ||||
| Authorizations in connection with implementation of borrowing agreement with Saudi Arabian Monetary Agency | 6843-(81/75) | 198 | ||||
| Consultation by eligible member to request assistance from Trust Fund | 5069-(76/72) | 346 | ||||
| Consultation by member before making request under supplementary financing facility | 5508-(77/127) | 39 | ||||
| Consultation by member contemplating request under extended Fund facility | *4377-(74/114) | 33 | ||||
| Consultation by member to request use of Fund resources under policy on enlarged access | 6783-(81/40) | 46 | ||||
| Consultation with members when notice of exchange policy change not received | 5712-(78/41) | 9 | ||||
| Consultations and proposals to Executive Board concerning sales of currencies at request of members with outstanding purchases | 6352-(79/183) | 109 | ||||
| Consultations with lenders on means of interest payment under borrowing agreements in connection with supplementary financing facility | 6163-(79/96) | 196 | ||||
| Deposit of currencies received by supplementary financing facility Subsidy Account with Bank for International Settlements | *6854-(81/78) | |||||
| SBS | 369 | |||||
| Discussions with members judged sufficiently strong whose outstanding purchases are not subject to guidelines on early repurchase with view to reducing their indebtedness to the Fund | 6774-(81/35) | 114 | ||||
| Discussions with members on exchange policies | 5392-(77/63) | 14 | ||||
| 6026-(79/13) | 15 | |||||
| Participation in meetings of Development Committee | B/G Res. 29–9 | 388 | ||||
| Participation in meetings of Interim Committee | B/G Res. 29–8 | 383 | ||||
| Placement of Trust Fund investments in SDR-denominated deposits | 5973-(78/189) | |||||
| TR | 354 | |||||
| Proposal for allocation of SDRs: | ||||||
| 1st basic period | B/G Res. 24–12 | 422 | ||||
| 3d basic period | B/G Res. 34–3 | 424 | ||||
| 4th basic period | 434 | |||||
| Proposals for calls under General Arrangements to Borrow | *1289-(62/1) | 151, 159 | ||||
| 1712-(64/29) | 168 | |||||
| Proposals for Trust Fund investments | 5973-(78/189) | |||||
| TR | 354 | |||||
| Recommendations to Executive Board regarding approval of use of Fund resources and standby arrangements | 6056-(79/38) | 27 | ||||
| Report to Board of Governors and to Executive Board on allocation of SDRs for fourth basic period | 434 | |||||
| Misreporting and noncomplying purchases, guidelines on corrective action; see Extended or Stand-by arrangement | ||||||
| Monetary stabilization operations, use of Fund’s resources | 71–2 | 23 | ||||
| B/G Res. IM-6 | 379 | |||||
| Multiple currency practices: | ||||||
| Policy | 237–2 | 286 | ||||
| 649-(57/33) | 294 | |||||
| 6790-(81/43) | 295 | |||||
| Prior Fund approval | 5712-(78/41) | 9 | ||||
| Spreads | 6790-(81/43) | 295–96 | ||||
| N | “Net creditor position in the Fund” | 6008-(79/3) | 196 | |||
| Noncomplying purchases; see Stand-by or extended arrangement, Misreporting and noncomplying purchases | ||||||
| Nordic Investment Bank, prescription as holder of special drawing rights | 6488-(80/77) S | 314n | ||||
| O | Oil facility: | |||||
| 1975 facility | ||||||
| Subsidy Account | *4773-(75/136) | 371 | ||||
| Final review and report on termination | 7420-(83/82) | 374 | ||||
| 7484-(83/117) | 374–75 | |||||
| Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase” | 5371-(77/51) | 339 | ||||
| Operational budgets: | ||||||
| Assessment of strength of member’s balance of payments and gross reserve position | 6273-(79/158) | |||||
| G/S | 104 | |||||
| Sales of SDRs and use of currencies | 6772-(81/35) | |||||
| G/S | 110 | |||||
| Overdue obligations to Fund, purchases from Fund; (see also Extended or Stand-by arrangements) | 7908-(85/26) | 64, 69, 75 | ||||
| Accounting for overdue charges | 7930-(85/41) | 127 | ||||
| Complaint, period of consideration | Chairman’s | |||||
| Summing up | 76–77 | |||||
| Deferred income | 7930-(85/41) | 127 | ||||
| Publicity upon declaration of ineligibility | 7999-(85/90) | 305 | ||||
| Reporting by Fund | 7931-(85/41) | 305 | ||||
| Setoff in connection with retroactive reduction of charges due by members in arrears | 8271-(86/74) | 129 | ||||
| Special charges on | 8165-(85/189) | |||||
| G/TR | 127–29 | |||||
| Overdue payments to Fund; see Overdue obligations to Fund | ||||||
| P | Payments arrears | 3153-(70/95) | 283 | |||
| Payments policies of members | 4134-(74/4) | 285 | ||||
| Payments restrictions (see also Exchange restrictions; Payments arrears): | ||||||
| For security reasons, Fund jurisdiction | 144-(52/51) | 275–76 | ||||
| Withdrawal or general abandonment | 117–1 | 306 | ||||
| “Position in the Fund,” definition | 6274-(79/158) 6772-(81/35) | 106 | ||||
| G/S | 111 | |||||
| Prior notice to Fund, imposition of payments restrictions for security reasons | 144-(52/51) | 275 | ||||
| Publication of reports, overdue obligations | 7931-(85/41) | 305 | ||||
| Publicity on declaration of ineligibility | 7999-(85/90) | 305 | ||||
| Purchase transactions (see also Use of Fund’s resources): | ||||||
| Augmentation of rights to purchase under standby and extended arrangements, elimination | 5706-(78/39) | 71 | ||||
| Purchase under buffer stock financing facility | *2772-(69/47) | 94 | ||||
| 3179-(70/102) | 95 | |||||
| 5127-(76/91) | 96–97 | |||||
| 5597-(77/163) | 338 | |||||
| 5597-(77/171) | 99 | |||||
| 7246-(82/147) | 102 | |||||
| 7247-(82/147) | 97 | |||||
| Purchases under compensatory financing of export fluctuations | 2836-(69/87) | 338 | ||||
| 6224-(79/135) | 82–85 | |||||
| Purchases under compensatory financing of fluctuations in the cost of cereal imports | *6860-(81/81) | 88–93 | ||||
| Purchases under credit tranche; see Tranche policies | ||||||
| Purchases under extended arrangements | 5508-(77/127) | 40 | ||||
| 6783-(81/40) | 46–47 | |||||
| 6830-(81/65) | 72 | |||||
| *6838-(81/70) | 67–71 | |||||
| 7048-(82/13) | 74 | |||||
| Purchases under policy on enlarged access | 6783-(81/40) | 46 | ||||
| Purchases under stand-by arrangements | 5508-(77/127) | 39–40 | ||||
| 6783-(81/40) | 47 | |||||
| *6838-(81/70) | 61–66 | |||||
| 7048-(82/13) | 74 | |||||
| Purchases under supplementary financing facility | 5508-(77/127) | 39–40 | ||||
| Resumption of purchases under extended arrangement after decision of formal ineligibility or to consider such a proposal | *6838-(81/70) | 69–70 | ||||
| Resumption of purchases under stand-by arrangement after decision of formal ineligibility or to consider such a proposal | *270-(53/95) | 60 | ||||
| *6838-(81/70) | 65 | |||||
| Suspension, effect on General Arrangements to Borrow | *1289-(62/1) | 157 | ||||
| Suspension of transactions under extended arrangements | *6838-(81/70) | 69 | ||||
| Suspension of transactions under stand-by arrangements | *270-(53/95) | 60 | ||||
| *6838-(81/70) | 64–65 | |||||
| Q | Quotas: | |||||
| Adjustment, first interval of five years | 408–2 | 3 | ||||
| Calculation, review of method | B/G Res. 38–1 | 414 | ||||
| Change, effect on voting power of elected Executive Director | 180–5 | 304 | ||||
| Reviews: | ||||||
| 1st | 408–2 | 3 | ||||
| 6th General | B/G Res. 29–10 | 395 | ||||
| B/G Res. 31–2 | 399 | |||||
| 7th General | B/G Res. 34–2 | 402 | ||||
| Sale of SDRs by Fund to members for use in quota payments | 6663-(80/160) S | 116 | ||||
| 8th General | B/G Res. 38–1 | 413 | ||||
| Special adjustment for members with very small quotas | B/G Res. 38–1 | 415 | ||||
| R | Rates for official communications of Fund | 534–3 | 301–302 | |||
| Rates of exchange; see Exchange rates; Multiple currency practices | ||||||
| Reconstitution; see Special drawing rights, Reconstitution | ||||||
| Remuneration on net creditor positions, balances held in Fund’s administrative accounts not in excess of 0.1 percent of quota, exclusion from Fund’s holdings of member’s currency for calculation | 7060-(82/23) | 341 | ||||
| Repayment by Fund of borrowed currency | *1289-(62/1) | 153–54 | ||||
| 1712-(64/29) | 170 | |||||
| 5288-(76/167) | 175 | |||||
| 5387-(77/61) | 179 | |||||
| 5509-(77/127) | 192 | |||||
| 6843-(81/75) | 202, 204 | |||||
| 6864-(81/81) | 247 | |||||
| Replenishment; see Article VII, replenishment of Fund’s holdings of currencies; Borrowing by the Fund | ||||||
| Reporting by the Fund of overdue obligations | 7931-(85/41) | 305 | ||||
| Repurchases: | ||||||
| Attribution of reductions in Fund’s holdings of currencies | 6774-(81/35) | 114 | ||||
| *6831-(81/65) | 124 | |||||
| Currency resulting from purchase under credit tranches | *5703-(78/39) | 121–22 | ||||
| Currency resulting from purchase under extended arrangement | *6838-(81/70) | 70 | ||||
| Currency resulting from purchase under standby arrangement | *6838-(81/70) | 65 | ||||
| Early, guidelines | 5704-(78/39) | 117 | ||||
| 6172-(79/101) | 119 | |||||
| 6273-(79/158) | ||||||
| G/S | 104 | |||||
| Guidelines for selection of currencies | 6274-(79/158) | 105 | ||||
| 6774-(81/35) | 112 | |||||
| Obligations to pay gold, payment with SDRs or currencies of other members | *5703-(78/39) | 122 | ||||
| 5809-(78/88) | 123 | |||||
| Of Fund’s holdings | 102-(52/11) | 24–25 | ||||
| Procedures | *5703-(78/39) | 121 | ||||
| Under buffer stock financing facility | *5703-(78/39) | 121 | ||||
| 6th International Tin Agreement | 7247-(82/147) | 97 | ||||
| 1977 International Sugar Agreement | 5597-(77/171) | 99 | ||||
| International Natural Rubber Agreement, 1979 | 7246-(82/147) | 102 | ||||
| Under compensatory financing of export fluctuations | *5703-(78/39) | 121 | ||||
| Representation of intention to repurchase amount of overcompensation | 6224-(79/135) | 84 | ||||
| Under compensatory financing of fluctuations in the cost of cereal imports | *5703-(78/39) | 121 | ||||
| *6860-(81/81) | 92 | |||||
| Under decision on enlarged access | 6783-(81/40) | 48 | ||||
| Under extended Fund facility | *4377-(74/114) | 35 | ||||
| Under supplementary financing facility | 5508-(77/127) | 42–43 | ||||
| Reserve assets: | ||||||
| Guidelines for determining amount to be paid in connection with subscriptions | 6266-(79/156) | 4 | ||||
| Payment for subscriptions under 8th General Review of Quotas | B/G Res. 38–1 | 416, 418 | ||||
| Reserve position, gross, assessment for purposes of designation plans, operational budgets, and early repurchases | 6273-(79/158) | |||||
| G/S | 104 | |||||
| Reserve tranche position: | ||||||
| Attribution of reductions in Fund’s holdings of currencies to enlarge | 6774-(81/35) | 114 | ||||
| *6831-(81/65) | 124 | |||||
| Review | 7704-(84/78) | 125 | ||||
| Balances held in Fund’s administrative accounts not in excess of 0.1 percent of quota not to be considered part of Fund’s holdings of member’s currency for determination | 7060-(82/23) | 341 | ||||
| Reserve tranche purchases (see also Use of Fund’s resources): | ||||||
| Exclusion of purchases and holdings in credit tranches | 6830-(81/65) | 340 | ||||
| Exclusion of purchases and holdings under buffer stock financing facility | 5591-(77/163) | 338 | ||||
| Exclusion of purchases and holdings under compensatory financing of export fluctuations | 2836-(69/87) | 338 | ||||
| Exclusion of purchases and holdings under compensatory financing of fluctuations in the cost of cereal imports | *6860-(81/81) | 91 | ||||
| Exclusion of purchases and holdings under extended facility | 6830-(81/65) | 340 | ||||
| Exclusion of purchases and holdings under oil facility | 5371-(77/51)x | 339 | ||||
| Exclusion of purchases and holdings under policy on enlarged access | 6783-(81/40) | 340 | ||||
| Exclusion of purchases and holdings under supplementary financing facility | 5508-(77/127) | 339 | ||||
| Restrictions; see Exchange restrictions; Payments restrictions | ||||||
| Retention quotas | 201-(53/29) | 277 | ||||
| Rule G-1 | *1289-(62/1) | 156 | ||||
| Rule O-2: | ||||||
| Determination of exchange rate | *1289-(62/1) | 155 | ||||
| 5288-(76/167) | 173 | |||||
| 5387-(77/61) | 177–78 | |||||
| 5590-(77/163) | 130 | |||||
| 6001-(79/1) S | 318–19 | |||||
| 6053-(79/34) S | 320 | |||||
| 6054-(79/34) S | 322 | |||||
| 6336-(79/178) S | 324 | |||||
| 7041-(82/8) | ||||||
| G/S | 334 | |||||
| Valuation of U.S. dollar in terms of special drawing rights | 6709-(80/189) S | 310 | ||||
| Rule P-7: | ||||||
| Declaration concerning use of special drawing rights in accordance with prescription on donations | 6437-(80/37) S | 327 | ||||
| Declaration concerning use of special drawing rights in accordance with prescription on forward operations | 6337-(79/178) S | 326 | ||||
| Declaration concerning use of special drawing rights in accordance with prescription on loans | 6001-(79/1) S | 319 | ||||
| Declaration concerning use of special drawing rights in accordance with prescription on pledges | *6053-(79/34) S | 321 | ||||
| Declaration concerning use of special drawing rights in accordance with prescription on settlement of financial obligations | *6000-(79/1) S | 317 | ||||
| Declaration concerning use of special drawing rights in accordance with prescription on swap operations | 6336-(79/178) S | 325 | ||||
| Declaration concerning use of special drawing rights in accordance with prescription on transfers as security for performance of financial operations | *6054-(79/34) S | 323 | ||||
| Rule P-9, record of operations in special drawing rights | *6000-(79/1) S | 318 | ||||
| 6001-(79/1) S | 320 | |||||
| *6053-(79/34) S | 322 | |||||
| *6054-(79/34) S | 324 | |||||
| 6336-(79/178) S | 325 | |||||
| 6337-(79/178) S | 327 | |||||
| 6437-(80/37) S | 327 | |||||
| 8186-(86/9) | ||||||
| SBS/S | 328 | |||||
| Rule R-1 through R-6, rules for reconstitution, abrogation | 6832-(81/65) S | 333 | ||||
| S | Saudi Arabia, association agreement under General Arrangements to Borrow; see Borrowing by the Fund | |||||
| Saudi Arabian Monetary Agency, borrowing agreement with Fund | 6843-(81/75) | 198 | ||||
| Change in conversion arrangements | 7188-(82/114) | 227 | ||||
| Supplementary agreement | 7677-(84/64) | 228 | ||||
| Transferability of claims | 7629-(84/25) | 166 | ||||
| Special Disbursement Account; see Accounts | ||||||
| Special drawing rights: | ||||||
| Allocation for first basic period | B/G Res. 24–12 | 422 | ||||
| Allocation for third basic period | B/G Res. 34–3 | 424 | ||||
| New participants | 5956-(78/180) S | 316 | ||||
| 6368-(79/191) S | 316 | |||||
| Allocation for fourth basic period, Managing Director’s report to Board of Governors and to Executive Board | 434 | |||||
| Change in method of valuation, effect on claims under supplementary financing facility | 5509-(77/127) | |||||
| Annex | 193 | |||||
| Designation, review of rules and method of calculating amounts | 6209-(79/124) S | 329 | ||||
| Holders prescribed by the Fund: | ||||||
| Andean Reserve Fund | 6486-(80/77) S | 314 | ||||
| Arab Monetary Fund | 6609-(80/126) S | 314n | ||||
| Asian Development Bank | 7229-(82/136) S | 315n | ||||
| Bank for International Settlements | 6484-(80/77) S | 313 | ||||
| Bank of Central African States | 7064-(82/26) S | 314n | ||||
| Central Bank of West African States | 6908-(81/101) S | 314n | ||||
| East African Development Bank | 7582-(83/174) S | 315n | ||||
| East Caribbean Central Bank | 7707-(84/79) S | 315n | ||||
| International Bank for Reconstruction and Development | 6718-(81/1) S | 314n | ||||
| International Development Association | 6718-(81/1) S | 314n | ||||
| International Fund for Agricultural Development | 6489-(80/77) S | 314n | ||||
| Islamic Development Bank | 7086-(82/42) S | 315n | ||||
| Nordic Investment Bank | 6488-(80/77) S | 314n | ||||
| Swiss National Bank | 6485-(80/77) S | 315 | ||||
| Terms and conditions for accepting, holding, or using SDRs | 6467-(80/71) S | 311 | ||||
| Level of SDR holdings in General Resources Account, maintenance; see Accounts, General Resources Account | ||||||
| Loans for Trust Fund expressed in | 5069-(76/72) | 348 | ||||
| Method of collecting exchange rates for calculation of value of SDR for purpose of Rule O-2(a) | 6709-(80/189) S | 310 | ||||
| Payment of net charges and assessment in Special Drawing Rights Department; see Special Drawing Rights Department, payment | ||||||
| Payment of subscriptions | 6266-(79/156) | 5 | ||||
| Reconstitution, abrogation of rules | 6832-(81/65) S | 333 | ||||
| Sale by Fund to members for use in quota payments under 7th General Review | 6663-(80/160) S | 116 | ||||
| Sale by Fund, guidelines | 6772-(81/35) | |||||
| G/S | 110 | |||||
| SDR-denominated deposits with Bank for International Settlements | 5973-(78/189) | |||||
| TR | 354 | |||||
| Transfers under Article V, Section 3(f) | 6275-(79/158) | |||||
| G/S | 107 | |||||
| Transfers under Article V, Section 6(b), guidelines for selection of currencies | 6274-(79/158) | 105 | ||||
| 6774-(81/35) | 112 | |||||
| Use in donations | 6437-(80/37) S | 327 | ||||
| Use in donations and loans to supplementary financing facility Subsidy Account | 6683-(80/185) | |||||
| G/TR | 367 | |||||
| Use in forward operations | 6337-(79/178) S | 326 | ||||
| Use in loans | 6001-(79/1) S | 318 | ||||
| Use in operations under Structural Adjustment Facility | 8239-(86/56) | |||||
| SAF | 328 | |||||
| Use in payment of charges | *5702-(78/39) | |||||
| G/S | 126 | |||||
| Use in payment of 25 percent of quota increases | B/G Res. 31–2 | 400 | ||||
| B/G Res. 34–2 | 407 | |||||
| B/G Res. 38–1 | 416 | |||||
| Use in payment of subsidy | 8186-(86/9) | |||||
| SBS/S | 327–28 | |||||
| Use in pledges | *6053-(79/34) S | 320–22 | ||||
| Use in repayment of Fund’s debt to Swiss National Bank | 6485-(80/77) S | 315 | ||||
| Use in repurchases | *5703-(78/39) | 122–23 | ||||
| 5809-(78/88) | 123 | |||||
| Use in settlement of financial obligations | *6000-(79/1) S | 317 | ||||
| Use in swap operations | 6336-(79/178) S | 324 | ||||
| Use in transfers as security for performance of financial obligations | *6054-(79/34) S | 322 | ||||
| Valuation basket, guidelines for calculation of currency amount | 8160-(85/186) | |||||
| G/S | 309 | |||||
| Valuation for use in borrowing arrangements | *1289-(62/1) | 155 | ||||
| 5288-(76/167) | 173 | |||||
| 5387-(77/61) | 177 | |||||
| 6843-(81/75) | 203 | |||||
| Valuation, interim | B/G Res. 29–10 | 393–94 | ||||
| Valution method | 6631-(80/145) | |||||
| G/S | 307 | |||||
| Valuation of U.S. dollar pursuant to Rule O-2(a), method | 6709-(80/189) S | 310 | ||||
| Special Drawing Rights Department, payment of net charges and assessment | 7116-(82/68) S | 335 | ||||
| Stabilization of prices of primary products, Fund facility; see Buffer stock financing facility | ||||||
| Stand-by arrangements: | ||||||
| Amendment to utilize supplementary financing | 7047-(82/13) | 72 | ||||
| 7048-(82/13) | 74 | |||||
| Amounts to be made available under enlarged access policy decision, guidelines | 6783-(81/40) | 47 | ||||
| 7600-(84/3) | 50–51 | |||||
| Augmentation of rights to make purchases, elimination | 5706-(78/39) | 71 | ||||
| Charges | *6838-(81/70) | 65 | ||||
| Conditionality, guidelines | 6056-(79/38) | 26–28 | ||||
| Review | 8192-(86/13) | 37–38 | ||||
| Exclusion of purchases for purposes of definition of “reserve tranche purchase” | 6830-(81/65) | 340 | ||||
| Foreign borrowing, performance criteria | 6230-(79/140) | 29 | ||||
| Form under enlarged access policy | *6838-(81/70) | 61–66 | ||||
| 7048-(82/13) | 74 | |||||
| Ineligibility | *270-(53/95) | 60 | ||||
| *6838-(81/70) | 65 | |||||
| Publicity upon declaration of | 7999-(85/90) | 305 | ||||
| 7931-(85/41) | 305 | |||||
| Misreporting and noncomplying purchases, guidelines on corrective action | 7842-(84/165) | 77 | ||||
| Noncomplying purchases; see Misreporting and noncomplying purchases, above | ||||||
| Overdue obligations to the Fund, purchases from Fund | 7908-(85/26) | 64, 69, 75 | ||||
| EBM/84/54 | 75–76, | |||||
| Payments arrears, performance criteria | 3153-(70/95) | 284–85 | ||||
| Period | *270-(53/95) | 59 | ||||
| 5508-(77/127) | 40 | |||||
| 6783-(81/40) | 47 | |||||
| Performance criteria and phasing, operational guidelines | 7925-(85/38) | 80 | ||||
| Policies and procedures | *270-(53/95) | 60 | ||||
| Provision for enlarged access to Fund’s resources | 6783-(81/40) | 46 | ||||
| Provision for supplementary financing | 5508-(77/127) | 38 | ||||
| 6693-(80/177) | 45 | |||||
| 6725-(81/5) | 45 | |||||
| Relationship between performance criteria and phasing of purchases, operational guidelines | 7925-(85/38) | 80 | ||||
| Renewal | *270-(53/95) | 59 | ||||
| Repurchases; see Repurchases, Currency resulting from purchase under stand-by arrangement | ||||||
| Suspension of right to engage in purchase transactions | *270-(53/95) | 60 | ||||
| *6838-(81/70) | 64–65 | |||||
| Utilization of supplementary financing facility for enlarged access resources; see Amendment to utilize . . ., above | ||||||
| Structural adjustment facility: | ||||||
| Income from investment and loans, availability of use | 8237-(86/56) | |||||
| SAF | 132–33 | |||||
| List of eligible members and amounts of assistance | 8240-(86/56) | |||||
| SAF | 137–38 | |||||
| Regulations for administration | 8238-(86/56) | |||||
| SAF | 133–38 | |||||
| Chairman’s | ||||||
| Summing up | 140–45 | |||||
| Review of operation | 8241-(86/56) | |||||
| SAF | 139 | |||||
| Use of SDRs in operation | 8239-(86/56) | |||||
| SAF | 328 | |||||
| Subscriptions: | ||||||
| Gold and currency, ownership by Fund | 170–3 | 3 | ||||
| Payment of quota increases | B/G Res. 31–2 | 400 | ||||
| B/G Res. 34–2 | 407, 409 | |||||
| B/G Res. 38–1 | 416, 418 | |||||
| Reserve assets: | ||||||
| Guidelines for determining amounts to be paid | 6266-(79/156) | 4 | ||||
| Payment under 8th General Review of Quotas | B/G Res. 38–1 | 416, 418 | ||||
| Subsidy accounts; see Accounts, Subsidy Accounts | ||||||
| Sugar Agreement, International; see Buffer stock financing facility | ||||||
| Supplementary financing facility: | ||||||
| Authorization to make calls under borrowing arrangements | 6006-(79/3) | 195 | ||||
| Charges; see Charges | ||||||
| Establishment | 5508-(77/127) | 38 | ||||
| Extension of period | 6725-(81/5) | 45 | ||||
| No augmentation of rights to purchase | 5706-(78/39) | 71 | ||||
| Replenishment of Fund’s holdings of currencies | 5509-(77/127) | 187 | ||||
| Interest payments under borrowing agreements | 6163-(79/96) | 196 | ||||
| Meaning of “net creditor position in the Fund” | 6008-(79/3) | 196 | ||||
| Report on use | 6445-(80/43) | 44 | ||||
| Repurchases; see Repurchases | ||||||
| Review of decision on establishment | 6693-(80/177) | 45 | ||||
| 6725-(81/5) | 45 | |||||
| Subsidy Account | ||||||
| Effect on subsidy cost of substituting supplementary financing for enlarged access resources | 7047-(82/13) | 74 | ||||
| Instrument | 6683-(80/185) | |||||
| G/TR | 362 | |||||
| Investment of currencies | 6854-(81/78) | |||||
| SBS | 369 | |||||
| 8184-(86/9) SBS | 369 | |||||
| Means of Payments | 8185-(86/9) | |||||
| SBS/S | 370 | |||||
| Subsidy payments, July 1, 1984-June 30, 1985 | 8037-(85/110) | |||||
| SBS | 371 | |||||
| Suspension of transfers and retransfer of surplus to Special Disbursement Account | 7989-(85/81) | |||||
| SBS | 369 | |||||
| Transferability of claims; see Transferability of claims | ||||||
| Utilization of supplementary financing facility for enlarged access resources | 7047-(82/13) | 72 | ||||
| 7048-(82/13) | 74 | |||||
| Surveillance over exchange rate policies | 5392-(77/63) | 9–14 | ||||
| 8248-(86/60) | 16 | |||||
| Enhanced surveillance; see Enhanced surveillance | ||||||
| Procedures; implementation of three-month period | 7427-(83/83) | 17–18 | ||||
| Review of procedures | 6026-(79/13) | 14–15 | ||||
| 7646-(84/40) | 16 | |||||
| 7939-(85/49) | 16 | |||||
| 8249-(86/60) | 17 | |||||
| Swiss National Bank: | ||||||
| Borrowing agreements with Fund | 5288-(76/167) | 172 | ||||
| 5387-(77/61) | 176 | |||||
| Transfer charges and interest, media of payment | 5306-(77/2) | 181 | ||||
| 5331-(77/15) | 180 | |||||
| 5488-(77/116) | 181 | |||||
| Use of special drawing rights to repay indebtedness | 6485-(80/77) S | 315 | ||||
| Participation in General Arrangements to Borrow | *1289-(62/1) | 159–60 | ||||
| Prescription as holder of special drawing rights | 6485-(80/77) S | 315 | ||||
| Transferability of claims under General Arrangements to Borrow | 7628-(84/25) | 165 | ||||
| Switzerland: | ||||||
| Association with General Arrangements to Borrow | 1712-(64/29) | 168 | ||||
| T | Technical assistance, Fund ready to meet requests in preparation of economic programs and measures for exchange simplification | 649-(57/33) | 295 | |||
| Tin Agreements, International; see Buffer stock financing facility | ||||||
| Trade, Voluntary Declaration | 4254-(74/75) | 298 | ||||
| B/G Res. 29–10 | 393 | |||||
| Tranche policies: | ||||||
| Application in connection with compensatory financing facility | 6224-(79/135) | 85 | ||||
| Application in connection with decision on enlarged access | 6783-(81/40) | 46, 49 | ||||
| Application in connection with supplementary financing facility | 5508-(77/127) | 39, 43 | ||||
| Exclusion of credit tranche purchases for purpose of definition of “reserve tranche purchase” | 6830-(81/65) | 340 | ||||
| Fund attitude to request for transactions within “first credit tranche” and beyond | ||||||
| Transferability of claims: | ||||||
| General Arrangements to Borrow | *1289-(62/1) | 155–56 | ||||
| 7628-(84/25) | 165 | |||||
| Saudi Arabia’s borrowing agreement | 7629-(84/25) | 166 | ||||
| Transitional provisions of Article XIV | 117–1 | 306 | ||||
| 1034-(60/27) | 281 | |||||
| Trust Fund: | ||||||
| Distribution of profits from sale of gold for benefit of developing countries | 5069-(76/72) | 344 | ||||
| 5709-(78/41) | ||||||
| TR | 355 | |||||
| 5832-(78/95) | ||||||
| TR | 355 | |||||
| 6540-(80/98) | ||||||
| TR | 359 | |||||
| Diversification of investments | 5972-(78/189) | 353 | ||||
| 5973-(78/189) | ||||||
| TR | 354 | |||||
| Eligible members, review of list | 5563-(77/150) | |||||
| TR | 352–53 | |||||
| Final payments of profits and loans for period July 1, 1976–June 30, 1978 | 5832-(78/95) | |||||
| TR | 355 | |||||
| Instrument | 5069-(76/72) | 344 | ||||
| Amendment | 5563-(77/150) | |||||
| TR | 352–53 | |||||
| 5972-(78/189) | 353 | |||||
| 6793-(81/45) | 362 | |||||
| Means of payment of interest | 6358-(79/188) | |||||
| TR | 357 | |||||
| Means of repayment by members on their indebtedness under loan agreements | 7142-(82/85) | |||||
| TR | 358 | |||||
| Overdue interest and special charges | 8165-(85/189) | |||||
| G/TR | 358–59 | |||||
| Repayment terms: | ||||||
| Final loan disbursement | 6793-(81/45) | 362 | ||||
| Second period: | ||||||
| Extension | 6466-(80/68) | |||||
| TR | 356 | |||||
| 6676-(80/168) | ||||||
| TR | 357 | |||||
| Extension of period for qualification | 6202-(79/121) | |||||
| TR | 356 | |||||
| Timing of loan disbursements | 6201-(79/121) | |||||
| TR | 355 | |||||
| Special charges on overdue interest | 8165-(85/189) | |||||
| G/TR | 358–59 | |||||
| Termination and transfer of resources to Special Disbursement Account | 6683-(80/185) | |||||
| G/TR | 363 | |||||
| 6704-(80/185) | ||||||
| TR | 360 | |||||
| U | Unenforceability; see Exchange contracts | |||||
| United Nations: | ||||||
| Agreement with International Monetary Fund | 439 | |||||
| Convention on the Privileges and Immunities of the Specialized Agencies | 446 | |||||
| Application to Fund | 464 | |||||
| List of members which have accepted with respect to Fund | 465 | |||||
| General Assembly Resolution entitled “Uniting for Peace,” due regard by Fund in conduct of its activities | B/G Res. 6–8 | 380 | ||||
| United States dollars: | ||||||
| Determination of value in terms of special drawing right pursuant to Rule O-2(a) | 6709-(80/189) S | 310 | ||||
| Inclusion in operational budgets | 6772-(81/35) | |||||
| G/S | 110 | |||||
| Use for payment of interest and other Fund liabilities | 5288-(76/167) | 176 | ||||
| 5306-(77/2) | 181 | |||||
| 5331-(77/15) | 180–81 | |||||
| 5387-(77/61) | 179 | |||||
| 5488-(77/116) | 181 | |||||
| 6358-(79/188) | ||||||
| TR | 357 | |||||
| *6863-(81/81) | 244 | |||||
| Use for repayment by members on their indebtedness under Trust Fund loan agreements | 7142-(82/85) | |||||
| TR | 358 | |||||
| Use in payments under oil facility Subsidy Account | 7420-(83/82) | 374 | ||||
| 7484-(83/117) | 374 | |||||
| Use in payments under supplementary financing facility Subsidy Account | 7754-(84/108) | |||||
| SBS | 370 | |||||
| Use of Fund’s resources (see also Borrowing by the Fund; Charges; Extended arrangements; Purchase transactions; Stand-by arrangements): | ||||||
| Application of same policy for stand-by arrangements as for requests for immediate drawings | *270-(53/95) | 60 | ||||
| Authority to use resources of Fund, interpretation of Articles of Agreement | 71–2 | 23 | ||||
| Buffer stock financing | *2772-(69/47) | 94 | ||||
| Buffer stock financing facility as applied to 1977 International Sugar Agreement | 5597-(77/171) | 99 | ||||
| Buffer stock financing facility as applied to International Tin Agreements: | ||||||
| 4th | 3179-(70/102) | 95 | ||||
| 3351-(71/51) | 96 | |||||
| 5th | 5127-(76/91) | 96 | ||||
| Capital transfers | 1238-(61/43) | 23 | ||||
| Compensatory financing of export fluctuations | *6224-(79/135) | 82 | ||||
| Compensatory financing of fluctuations in the cost of cereal imports | *6860-(81/81) | 88 | ||||
| Conditionality, guidelines | 6056-(79/38) | 26 | ||||
| Review | 8192-(86/13) | 37–38 | ||||
| “Consistent with the provisions of this Agreement” in Article V, Section 3, meaning | 287–3 | 23 | ||||
| Credit tranche policies; see Tranche policies | ||||||
| Enlarged access, policy on | *6783-(81/40) | 46 | ||||
| Extended Fund facility | *4377-(74/114) | 32 | ||||
| “First credit tranche” | 25 | |||||
| In accordance with purposes of Fund | 102-(52/11) | 24 | ||||
| Ineligibility: | ||||||
| Effect on purchases under extended arrangement | *6838-(81/70) | 69 | ||||
| Effect on purchases under stand-by arrangement | *270-(53/95) | 60 | ||||
| *6838-(81/70) | 65 | |||||
| Publicity upon declaration | 7999-(85/90) | 305 | ||||
| 7931-(85/41) | 305 | |||||
| Under Article V, Section 5 | 284–3 | 115 | ||||
| Under Article XXVI, Section 2(a) (Article XV, Section 2(a) before Second Amendment) | 343-(54/47) | 337 | ||||
| Interpretation of Articles of Agreement | 23,273 | |||||
| Limit on access to Fund resources, guideline | *7600-(84/3) | 50 | ||||
| Limitation under Article V, Section 5 | 284–3 | 115 | ||||
| 286–1 | 115 | |||||
| Monetary stabilization | 71–2 | 23 | ||||
| Postponement, limitation under Article V, Section 5 | 286–1 | 115 | ||||
| Reserve tranche purchases; see Reserve tranche purchases | ||||||
| Resumption of purchases under extended arrangement after decision of formal ineligibility or to consider such a request | *6838-(81/70) | 70 | ||||
| Resumption of purchases under stand-by arrangement after decision of formal ineligibility or to consider such a proposal | *270-(53/95) | 60 | ||||
| *6838-(81/70) | 65 | |||||
| Stand-by and extended arrangements, forms under enlarged access policy | *6838-(81/70) | 61 | ||||
| Suspension of exchange transactions, effect on General Arrangements to Borrow | *1289-(62/1) | 157 | ||||
| Suspension of transactions under extended arrangements | *6838-(81/70) | 69 | ||||
| Suspension of transactions under stand-by arrangements | *270-(53/95) | 60 | ||||
| *6838-(81/70) | 64 | |||||
| Temporary assistance in financing balance of payments deficits | 71–2 | 23 | ||||
| Tranche policies; see Tranche policies | ||||||
| Waiver of condition of Article V, Section 3(b)(iii); see Waiver of condition | ||||||
| Waiver of 200 percent of quota limit | *2772-(69/47) | 94 | ||||
| 6224-(79/135) | 85 | |||||
| *6860-(81/81) | 93 | |||||
| V | Voluntary Declaration on Trade and Other Current Account Measures | 4254-(74/75) | 298 | |||
| B/G Res. 29–10 | 393 | |||||
| Voting power, elected Executive Directors, effect of chage in quota | 180–5 | 304 | ||||
| W | Waiver of condition of Article V, Section 3(b)(iii) | *4377-(74/114) | 34 | |||
| 5508-(77/127) | 43 | |||||
| 6783-(81/40) | 49 | |||||
| World Economic Outlook, framework for discussions of international adjustment process | 5392-(77/63) | 13 | ||||
| Decision No. | Page | |||||
|---|---|---|---|---|---|---|
| A | Accounting by members for transactions with the Fund | 170–3 | 3 | |||
| Accounts: | ||||||
| Administrative accounts, balances held not in excess of 0.1 percent of quota, exclusion from Fund’s holdings of member’s currency | 7060-(82/23) | 341 | ||||
| Borrowed Resources Suspense Accounts | 6844-(81/75) | 269 | ||||
| 6845-(81/75) | 270–71 | |||||
| 7188-(82/114) | 227 | |||||
| General Account; see General Resources Account, below | ||||||
| General Resources Account: | ||||||
| Adjustment of currency holdings of members | 5590-(77/163) | 131 | ||||
| Exchange rate for Fund computations | 5590-(77/163) | 131 | ||||
| Level of Fund SDR holdings, maintenance | 6275-(79/158) | |||||
| G/S | 107 | |||||
| 7626-(84/23) S | 111 | |||||
| 7941-(85/50) S | 111 | |||||
| 8265-(86/70) S | 112 | |||||
| Purchase of SDRs for payment of charges | *5702-(78/39) | |||||
| G/S | 127 | |||||
| Reimbursement for expenses of carrying out business of supplementary financing facility Subsidy Account | 6683-(80/185) | |||||
| G/TR | 367–68 | |||||
| Reimbursement for expenses of conducting business of Trust Fund | 5069-(76/72) | 344, 350 | ||||
| Sales of SDRs for payment of quota increases by members under 7th General Review of Quotas | 6663-(80/160) S | 116 | ||||
| Special Disbursement Account, transfers to supplementary financing facility Subsidy Account | 6683-(80/185) | |||||
| G/TR | 363, 364 | |||||
| 6704-(80/185) | ||||||
| TR | 360, 361 | |||||
| Investment | 7990-(85/81) | 132 | ||||
| 8029-(85/105) | 132 | |||||
| Structural adjustment facility; see Structural adjustment facility | ||||||
| Special Drawing Rights Department, payment of net charges and assessments | 7116-(82/68) S | 335–36 | ||||
| Subsidy Accounts: | ||||||
| Oil facility | *4773-(75/136) | 371–73 | ||||
| Final review and report on termination | 7420-(83/82) | 374 | ||||
| 7484-(83/117) | 374–75 | |||||
| Supplementary financing facility: | ||||||
| Instrument | 6683-(80/185) | |||||
| G/TR | 362–68 | |||||
| Investment of currencies | *6854-(81/78) | |||||
| SBS | 369 | |||||
| Means of payments | 8185-(86/9) | |||||
| SBS/S | 370 | |||||
| Subsidy payments, July 1, 1983–June 30, 1984 | 7754-(84/108) | |||||
| SBS | 370 | |||||
| Subsidy payments, July 1, 1984–June 30, 1985 | 8037-(85/110) | |||||
| SBS | 371 | |||||
| Suspension of transfers and retransfer of surplus to Special Disbursement Account | 7989-(85/81) | |||||
| SBS | 369 | |||||
| Transfer of funds from Special Disbursement Account following termination of Trust Fund | 6704-(80/185) | |||||
| TR | 360–61 | |||||
| Adjustment process, international, review | 5392-(77/63) | 12 | ||||
| Administrative accounts; see Accounts | ||||||
| Andean Reserve Fund, prescription as holder of special drawing rights | 6486-(80/77) S | 314 | ||||
| Arab Monetary Fund, prescription as holder of special drawing rights | 6609-(80/126) S | 314n | ||||
| Articles of Agreement1 | ||||||
| Amendment, Second | B/G Res. 29–8 | 382 | ||||
| B/G Res. 29–10 | 390 | |||||
| Article I, purposes of the Fund | 287–3 | 23 | ||||
| 433-(55/42) | 276 | |||||
| 1034-(60/27) | 281 | |||||
| *4377-(74/114) | 32 | |||||
| *4773-(75/136) | 371 | |||||
| 5069-(76/72) | 344 | |||||
| Article III, Section 2, adjustment of quotas | 408–2 | 3 | ||||
| Article III, Section 2(a), general review of quotas | B/G Res. 31–2 | 399 | ||||
| B/G Res. 34–2 | 402 | |||||
| B/G Res. 38–1 | 413 | |||||
| Article IV: | ||||||
| Consultations | 5392-(77/63) | 9–15 | ||||
| 6026-(79/13) | 15 | |||||
| 6056-(79/38) | 26 | |||||
| 6790-(81/43) | 297 | |||||
| 7427-(83/83) | 17–18 | |||||
| 7646-(84/40) | 16 | |||||
| 7939-(85/49) | 16–17 | |||||
| Exchange arrangements | 5392-(77/63) | 9–10 | ||||
| 5712-(78/41) | 8 | |||||
| Article IV, Section 3, surveillance over exchange rate policies | 5392-(77/63) | 10–11 | ||||
| 6026-(79/13) | 14–15 | |||||
| Article V, Section 1 | *1289-(62/1) | 156 | ||||
| Article V, Section 3, application of Fund policies to purchases of currency borrowed by Fund | *1289-(62/1) | 153 | ||||
| Article V, Section 3(a), “consistent with the provisions of this Agreement,” meaning | 287–3 | 23 | ||||
| Article V, Section 3(b)(iii), waiver | *4377-(74/114) | 34 | ||||
| 5508-(77/127) | 43 | |||||
| 6783-(81/40) | 49 | |||||
| Article V, Section 3(d): | ||||||
| Sale of members’ currencies for repurchases | 5704-(78/39) | 118 | ||||
| Selection of currencies in purchases | 6273-(79/158) | |||||
| G/S | 104 | |||||
| 6274-(79/158) | 105, 106 | |||||
| 6352-(79/183) | 108 | |||||
| 6774-(81/35) | 112 | |||||
| Article V, Section 3(f), transfers of SDRs | 6275-(79/158) | |||||
| G/S | 107 | |||||
| Article V, Section 5, limitation on use of Fund’s resources | 284–3 | 115 | ||||
| 286–1 | 115 | |||||
| 7842-(84/165) | 79 | |||||
| Article V, Section 6, sale of SDRs by the Fund | 6663-(80/160) S | 116 | ||||
| Article V, Section 6(b), transfers of SDRs by the Fund | 6274-(79/158) | 105 | ||||
| 6774-(81/35) | 112 | |||||
| Article V, Section 7, repurchases | *1289-(62/1) | 153 | ||||
| *5703-(78/39) | 122–23 | |||||
| 5704-(78/39) | 117–18 | |||||
| 5809-(78/88) | 123 | |||||
| Article V, Section 7(b), early repurchases | 5704-(78/39) | 117 | ||||
| 6172-(79/101) | 119 | |||||
| 6273-(79/158) | ||||||
| G/S | 104 | |||||
| Article V, Section 7(d), prompt repurchase of overcompensation under compensatory financing facility | ||||||
| Article V, Section 7(i), guidelines for selection of currencies used in repurchases | 6274-(79/158) | 105, 106 | ||||
| 6774-(81/35) | 112, 113 | |||||
| Article V, Section 8, media of payment of charges | *5702-(78/39) | |||||
| G/S | 126 | |||||
| Article V, Section 8(b), charges | *5703-(78/39) | 121 | ||||
| 6008-(79/3) | 196 | |||||
| 7060-(82/23) | 341 | |||||
| Article V, Section 8(b), (c), and (d), charges | 4239-(74/67) | 126 | ||||
| Article V, Section 9(a), remuneration | 7060-(82/23) | 341 | ||||
| Article V, Section 11, adjustment of Fund’s holdings of members’ currencies | 5590-(77/163) | 130–31 | ||||
| Article V, Section 12(f)(ii), balance of payments assistance on special terms to low-income developing members in difficult circumstances | 6704-(80/185) | |||||
| TR | 361 | |||||
| Article VI, Section 1, use of Fund’s resources | 541-(56/39) | 147 | ||||
| 1238-(61/43) | 23 | |||||
| Article VI, Section 3, controls on capital transfers | 541-(56/39) | 147 | ||||
| Article VII, replenishment of Fund’s holdings of currencies | 5508-(77/127) | 38 | ||||
| 5509-(77/127) | 187–89 | |||||
| 6783-(81/40) | 46 | |||||
| 6843-(81/75) | 198 | |||||
| Article VII, Section 1, borrowing by Fund | *1289-(62/1) | 148 | ||||
| 7677-(84/64) | 254 | |||||
| Article VIII: | ||||||
| Bilateralism | 433-(55/42) | 276 | ||||
| Consultations | 5392-(77/63) | 13 | ||||
| Retention quotas | 201-(53/29) | 277–79 | ||||
| Article VIII and Article XIV | 1034-(60/27) | 281–82 | ||||
| Article VIII, Sections 2, 3, and 4, acceptance of obligations | 1034-(60/27) | 282 | ||||
| Article VIII, Section 2(a): | ||||||
| Payments restrictions | 144-(52/51) | 275 | ||||
| 3153-(70/95) | 283 | |||||
| Article VIII, Section 2(b), unenforceability of exchange contracts | 446–4 | 273 | ||||
| Article VIII, Section 3, multiple currency practices | 237–2 | 286, 291 | ||||
| 5712-(78/41) | 9 | |||||
| 6790-(81/43) | 296 | |||||
| Article VIII, Section 7 | B/G Res. 34–3 | 426 | ||||
| Article IX, Section 7, privilege for communications | 534–3 | 301 | ||||
| Article XII, Section 3(b) (i) and 3(f) | 2–1 | 303 | ||||
| Article XII, Section 3(c): | ||||||
| Additional appointed Executive Directors | *574–2 | 303 | ||||
| Determination of member’s entitlement to appoint Executive Director | 7060-(82/23) | 341 | ||||
| “The preceding two years,” meaning | 597–4 | 304 | ||||
| Article XIV: | ||||||
| Articles VIII and XIV | 1034-(60/27) | 281–82 | ||||
| Bilateralism | 433-(55/42) | 276 | ||||
| Consultations | 5392-(77/63) | 13 | ||||
| Retention quotas | 201-(53/29) | 277–79 | ||||
| Article XIV, Section 1 | 1034-(60/27) | 281 | ||||
| Article XIV, Section 2: | ||||||
| Multiple currency practices | 237–2 | 291 | ||||
| Payments restrictions | 144-(52/51) | 275 | ||||
| 3153-(70/95) | 283 | |||||
| Transitional arrangements | 446–4 | 274 | ||||
| Article XIV, Section 3 | 117–1 | 306 | ||||
| Article XVII, Section 3, other holders of special drawing rights | 6467-(80/71) S | 311 | ||||
| 6484-(80/77) S | 314 | |||||
| 6485-(80/77) S | 315 | |||||
| 6486-(80/77) S | 314 | |||||
| 7629-(84/25) | 167 | |||||
| Article XVIII, allocation of special drawing rights | B/G Res. 24–12 | 422 | ||||
| B/G Res. 34–3 | 424–31 | |||||
| Article XVIII, Section 2(d), allocations of special drawing rights to new participants | 5956-(78/180) S | 316 | ||||
| 6368-(79/191) S | 316 | |||||
| Article XIX, Section 2(c): | ||||||
| Acceptance and use of special drawing rights by prescribed holders | 6467-(80/71) S | 311 | ||||
| Operations and transactions in special drawing rights between participants | *6000-(79/1) S | 317 | ||||
| 6001-(79/1) S | 318 | |||||
| *6053-(79/34) S | 320 | |||||
| *6054-(79/34) S | 322 | |||||
| 6336-(79/178) S | 324 | |||||
| 6337-(79/178) S | 326 | |||||
| 6437-(80/37) S | 327 | |||||
| Article XIX, Section 5, designation of participants to provide currency | 6209-(79/124) S | 329 | ||||
| Article XIX, Section 5(a)(i), designation plans | 6273-(79/158) | |||||
| G/S | 104 | |||||
| Article XIX, Section 6(b), abrogation of rules for reconstitution | 6832-(81/65) S | 333 | ||||
| Article XIX, Section 7(a),, calculation of exchange rates | *1289-(62/1) | 155 | ||||
| 7041-(82/8) | ||||||
| G/S | 334 | |||||
| Article XX, Section 1, interest paid on holdings of special drawing rights | 6467-(80/71) S | 311 | ||||
| Article XX, Section 5, application against unpaid charges of special drawing rights acquired by participants after payment date | 7116-(82/68) S | 336 | ||||
| Article XXII | B/G Res. 34–3 | 426 | ||||
| Article XXIII, Section 1, suspension of operations and transactions in special drawing rights | 6467-(80/71) S | 313 | ||||
| Article XXVI, Section 2(a), ineligibility to use Fund resources | 343-(54/47) | 337 | ||||
| Article XXVI, Section 3 | *1289-(62/1) | 156 | ||||
| Article XXVII | *1289-(62/1) | 157 | ||||
| Article XXVII, Section 1(a)(i), suspension of transactions covered by stand-by arrangements | *270-(53/95) | 60 | ||||
| Article XXIX (a), list of interpretations under | ||||||
| Article XXX (c): | ||||||
| Exclusion of purchases and holdings under buffer stock facility | 5591-(77/163) | 338 | ||||
| Exclusion of purchases and holdings under compensatory financing of export fluctuations | 2836-(69/87) | 338 | ||||
| Exclusion of purchases and holdings under compensatory financing of fluctuations in the cost of cereal imports | *6860-(81/81) | 91 | ||||
| Exclusion of purchases and holdings under extended facility | 6830-(81/65) | 340 | ||||
| Exclusion of purchases and holdings under policy on enlarged access | 6783-(81/40) | 340 | ||||
| Exclusion of purchases and holdings under supplementary financing facility | 5508-(77/127) | 339 | ||||
| Exclusion of purchases under oil facility | 5371-(77/51) | 339 | ||||
| Exclusion relating to purchases in credit tranches | 6830-(81/65) | 340 | ||||
| Article XXX (f), freely usable currencies | 5719-(78/46) | 343 | ||||
| Schedule B, repurchases | *5703-(78/39) | 122–23 | ||||
| 5704-(78/39) | 118 | |||||
| 6008-(79/3) | 196 | |||||
| Schedule B, paragraph 7(b), use of amounts in excess of capital value available from gold sales for benefit of developing countries | 5069-(76/72) | 343 | ||||
| Schedule F, rules for designation | 6209-(79/124) S | 330 | ||||
| Schedule G, rules for reconstitution, abrogation | 6832-(81/65) S | 333 | ||||
| Schedule J | *1289-(62/1) | 156 | ||||
| Schedule K | *1289-(62/1) | 157 | ||||
| 5288-(76/167) | 176 | |||||
| 5387-(77/61) | 180 | |||||
| Schedule K, paragraph 1 | 5288-(76/167) | 176 | ||||
| 5387-(77/61) | 180 | |||||
| Asian Development Bank, prescription as holder of special drawing rights | 7229-(82/136) S | 315n | ||||
| Assessments, payment in SDR Department; see Accounts, Special Drawing Rights Department, payment of net charges and assessments | ||||||
| Attribution of reductions in Fund’s holdings of currency | *6831-(81/65) | 124 | ||||
| 6774-(81/35) | 114 | |||||
| Review | 7704-(84/78) | 125 | ||||
| Audit: | ||||||
| Oil facility Subsidy Account | *4773-(75/136) | 373 | ||||
| Supplementary financing facility Subsidy Account | 6683-(80/185) | |||||
| G/TR | 368 | |||||
| Trust Fund | 5069-(76/72) | 350 | ||||
| Augmentation; see Purchase transactions, Augmentation | ||||||
| B | Balance of payments position: | |||||
| Assessment for assistance from Trust Fund | 5069-(76/72) | 346 | ||||
| Assessment for purposes of designation plans, operational budgets, and early repurchases | 6273-(79/158) | |||||
| G/S | 104 | |||||
| Discrimination for balance of payments reasons | 955-(59/45) | 280 | ||||
| Bank for International Settlements: | ||||||
| Borrowing agreement with Fund | *6863-(81/81) | 242 | ||||
| 7677-(84/64) | 254 | |||||
| 7955-(85/60) | 266 | |||||
| Deposit by Managing Director of currencies held in supplementary financing facility Subsidy Account | 6854-(81/78) | |||||
| SBS | 369 | |||||
| Prescription as holder of special drawing rights | 6484-(80/77) S | 313 | ||||
| Trust Fund deposits denominated in SDRs | 5973-(78/189) | |||||
| TR | 354 | |||||
| Bank of Central African States, prescription as holder of special drawing rights | 7064-(82/26) S | 315n | ||||
| Belgium, National Bank of, Borrowing agreement with Fund; see Borrowing by the Fund | ||||||
| Bilateralism | 433-(55/42) | 276 | ||||
| Borrowing by the Fund: | ||||||
| Agreement with Bank for International Settlements | *6863-(81/81) | 242 | ||||
| 7677-(84/64) | 254 | |||||
| 7955-(85/60) | 266 | |||||
| Agreement with central banks and other official institutions | 6864-(81/81) | 245 | ||||
| Agreement with Japan | 7677-(84/64) | 254 | ||||
| 7955-(85/60) | 266, 268 | |||||
| Agreement with National Bank of Belgium | 7677-(84/64) | 254 | ||||
| 7955-(85/60) | 266, 269 | |||||
| Agreement with Saudi Arabian Monetary Agency | 6843-(81/75) | 198 | ||||
| Change in conversion arrangements | 7188-(82/114) | 227 | ||||
| Supplementary Agreement | 7677-(84/64) | 228 | ||||
| Agreement with Swiss National Bank: | ||||||
| 1976 | 5288-(76/167) | 172 | ||||
| 1977 | 5387-(77/61) | 176 | ||||
| Interest, media of payment | 5331-(77/15) | 180 | ||||
| 5488-(77/116) | 181 | |||||
| Transfer charges, media of payment | 5306-(77/2) | 181 | ||||
| 5488-(77/116) | 181 | |||||
| Use of special drawing rights in repayment | 6485-(80/77) S | 315 | ||||
| Agreements between Fund and its members, memorandum of Director of the Legal Department of the Fund | 6843-(81/75) | |||||
| Annex | 223–25 | |||||
| Borrowed Resources Suspense Accounts | 6844-(81/75) | 269 | ||||
| 6845-(81/75) | 270 | |||||
| 7188-(82/114) | 227 | |||||
| Borrowed resources, use to finance purchases under arrangements providing enlarged access to Fund’s resources | 6783-(81/40) | 46–49 | ||||
| General Arrangements to Borrow: | ||||||
| Associated borrowing arrangements | ||||||
| “Outstanding borrowing and unused credit lines,” clause in respect of GAB in guidelines for Fund borrowing | *7040-(82/7) | 271 | ||||
| Saudi Arabia, association agreement | 7403-(83/73) | 182 | ||||
| Transferability of claims | 7629-(84/25) | 166–68 | ||||
| Swiss National Bank, participation of | *1289-(62/1) | 159–60 | ||||
| Switzerland, association of | 1712-(64/29) | 168 | ||||
| Transferability of claims, see Transferability of claims | ||||||
| Use of credit arrangements for nonparticipants | *1289-(62/1) | 158–59 | ||||
| Guidelines | 7040-(82/7) | 271–72 | ||||
| Issuance of bearer notes by Fund | 6843-(81/75) | 199 | ||||
| 6864-(81/81) | 249, 250 | |||||
| Supplementary financing facility: | ||||||
| Authorization to make calls | 6006-(79/3) | 195 | ||||
| Interest payment procedure | 6163-(79/96) | 196 | ||||
| Meaning of “net creditor position in the Fund” | 6008-(79/3) | 196 | ||||
| Replenishment of holdings of currencies | 5509-(77/127) | 187 | ||||
| Subsidy Account | 6683-(80/185) | |||||
| G/TR | 362–69 | |||||
| Buffer stock financing facility | *2772-(69/47) | 94 | ||||
| Access limit and review | *2772-(69/47) | 94 | ||||
| Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase” | 5591-(77/163) | 338 | ||||
| International Natural Rubber Agreement, 1979 | 7246-(82/147) | 102 | ||||
| International Sugar Agreement, 1977 | 5597-(77/171) | 99 | ||||
| International Tin Agreements: | ||||||
| 4th | 3179-(70/102) | 95 | ||||
| 3351-(71/51) | 96 | |||||
| 5th | 5127-(76/91) | 96 | ||||
| 6th | 7247-(82/147) | 97 | ||||
| Repurchases | *5703-(78/39) | 121–23 | ||||
| 6th International Tin Agreement | 7247-(82/147) | 98 | ||||
| 1977 International Sugar Agreement | 5597-(77/171) | 101 | ||||
| International Natural Rubber Agreement, 1979 | 7246-(82/147) | 102 | ||||
| C | Capital transfers: | |||||
| Controls by members | 541-(56/39) | 147 | ||||
| B/G Res. 29–10 | 392 | |||||
| Restrictions | 237–2 | 289 | ||||
| Use of Fund’s resources for | 1238-(61/43) | 23 | ||||
| B/G Res. IM-6 | 379 | |||||
| Central Bank of West African States, prescription as holder of special drawing rights | 6908-(81/101) S | 314n | ||||
| “Changing circumstances,” adaptation of multiple currency practices | 237–2 | 293 | ||||
| Charges: | ||||||
| Accounting for charges from members with overdue obligations | 7930-(85/41) | 127 | ||||
| Balances held in Fund’s administrative accounts not in excess of 0.1 percent of quota not to be considered part of Fund’s holdings of member’s currency for calculation | 7060-(82/23) | 341 | ||||
| Borrowing agreements with Swiss National Bank | 5288-(76/167) | 172 | ||||
| 5306-(77/2) | 181 | |||||
| 5387-(77/61) | 176 | |||||
| 5488-(77/116) | 181 | |||||
| Enlarged access policy | 6783-(81/40) | 46–49 | ||||
| Extended Fund facility | *4377-(74/114) | 32–36 | ||||
| 4720-(75/114) | 38 | |||||
| *6838-(81/70) | 61 | |||||
| Future changes | 4239-(74/67) | 126 | ||||
| Interest on Trust Fund loans; see Interest | ||||||
| Media of payment | *5702-(78/39) | |||||
| G/S | 126 | |||||
| Oil facility Subsidy Account; see Accounts, Subsidy Accounts | ||||||
| Overdue obligations to Fund, Special Charges | 8165-(85/189) | |||||
| G/TR | 127–29, 358 | |||||
| Payment by nonparticipant in Special Drawing Rights Department | *5702-(78/39) | |||||
| G/S | 126 | |||||
| Payment of net charges and assessments in Special Drawing Rights Department, procedure when participants fail to hold adequate SDRs or to acquire them from other participants or Fund | 7116-(82/68) S | 335 | ||||
| Setoff in connection with retroactive reduction | 8271-(86/74) | 129 | ||||
| Special charges on overdue obligations to Fund | 8165-(85/189) | |||||
| G/TR | 127–29 | |||||
| Stand-by arrangements | *6838-(81/70) | 65 | ||||
| Supplementary financing facility | 5508-(77/127) | 43 | ||||
| Supplementary financing facility Subsidy Account; see Accounts, Subsidy Accounts | ||||||
| Committee on Reform of the International Monetary System and Related Issues | B/G Comp. Res. | 381 | ||||
| Final report and termination | B/G Res. 29–7 | 382 | ||||
| Support of extended Fund facility | *4377-(74/114) | 32 | ||||
| Voluntary Declaration of Trade on Other Current Account Measures | 4254-(74/75) | 298 | ||||
| Commodities (see also Buffer stock financing facility; Compensatory financing . . .): | ||||||
| Reclassification where subject to multiple currency practices | 237–2 | 291, 293 | ||||
| Communications, privilege for | 534–3 | 301 | ||||
| Compensatory financing of export fluctuations | 6224-(79/135) | 82 | ||||
| Access limit | 6224-(79/135) | 83 | ||||
| Cooperation, guidelines on | 7528-(83/140) | 87 | ||||
| Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase” | 2836-(69/87) | 338 | ||||
| Integration of assistance with that available under decision on compensatory financing of fluctuations in the cost of cereal imports | *6860-(81/81) | 88–93 | ||||
| Repurchases | *5703-(78/39) | 121–23 | ||||
| Representation of intention to repurchase amount of overcompensation | 6224-(79/135) | 84 | ||||
| Legal interpretaion | EBM/82/1 | 85–86 | ||||
| Compensatory financing of fluctuations in the cost of cereal imports | *6860-(81/81) | 88–93 | ||||
| Access limit and review | 7490-(83/105) | 93–94 | ||||
| Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase” | *6860-(81/81) | 91 | ||||
| Repurchases | *5703-(78/39) | 121–23 | ||||
| *6860-(81/81) | 92 | |||||
| Conditionality; see Use of Fund’s resources, Conditionally | ||||||
| “Consistent with the provisions of this Agreement,” meaning in Article V, Section 3 | 287–3 | 23 | ||||
| Consultations with European Monetary Cooperation Fund on calculation of representative rate for European Currency Unit | 7041-(82/8) | |||||
| G/S | 334 | |||||
| Consultation with members: | ||||||
| Before accepting obligations of Article VIII, Sections 2, 3, and 4 | 1034-(60/27) | 282 | ||||
| Bilateral arrangements | 433-(55/42) | 276–77 | ||||
| Changes in members’ exchange arrangements, notification to Fund | 5712-(78/41) | 8 | ||||
| Commodity field, attention to policies | *2772-(69/47) | 95 | ||||
| Conduct by Managing Director in interval between Article IV consultations | 5392-(77/63) | 14 | ||||
| 6026-(79/13) | 15 | |||||
| Consultations under Article IV | 5392-(77/63) | 13 | ||||
| 6026-(79/13) | 15 | |||||
| 6056-(79/38) | 28 | |||||
| 6790-(81/43) | 297 | |||||
| Discussions on use of Fund’s resources | 102-(52/11) | 24 | ||||
| During period of extended arrangement | *6838-(81/70) | 71 | ||||
| During period of stand-by arrangement | *6838-(81/70) | 66 | ||||
| Exchange measures needing approval under Article VIII | 1034-(60/27) | 282 | ||||
| Members’ policies in present circumstances | 4134-(74/4) | 285 | ||||
| Multiple currency practices | 237–2 | 288 | ||||
| Periodic discussions under Article VIII | 1034-(60/27) | 282 | ||||
| Resumption of purchases under extended arrangements | *6838-(81/70) | 69 | ||||
| Resumption of purchases under stand-by arrangements | *270-(53/95) | 60 | ||||
| *6838-(81/70) | 64 | |||||
| Retention quotas | 201-(53/29) | 277 | ||||
| Special consultations | 5392-(77/63) | 13 | ||||
| Whether measure is exchange restriction | 1034-(60/27) | 282 | ||||
| Consultations with prescribed holders of special drawing rights | 6467-(80/71) S | 312 | ||||
| Convertibility: | ||||||
| Acceptance of obligations of Article VIII, Sections 2, 3, and 4 | 1034-(60/27) | 282 | ||||
| Approval of exchange restrictions | 1034-(60/27) | 282 | ||||
| Bilateralism | 433-(55/42) | 276 | ||||
| Consultation with Fund | 1034-(60/27) | 282 | ||||
| Discrimination | 955-(59/45) | 280 | ||||
| Multiple currency practices; see Multiple currency practices | ||||||
| Retention quotas | 201-(53/29) | 277–79 | ||||
| Credit tranches; see Tranche policies | ||||||
| Creditworthiness, factor in determining use of Fund’s resources | 102-(52/11) | 24 | ||||
| Currencies (see also Borrowing by the Fund; Covertibility; Holdings of the Fund; Investment): | ||||||
| Arrangements for use in operations and transactions of Fund | B/G Res. 31–2 | 401 | ||||
| Composition of special drawing right | 6631-(80/145) | |||||
| G/S | 308–309 | |||||
| Freely usable currencies | 5719-(78/46) | 343 | ||||
| Guidelines for use in operational budgets | 6772-(81/35) | |||||
| G/S | 110 | |||||
| Guidelines for use in operations and transactions of General Resources Account | 6273-(79/158) | |||||
| G/S | 104 | |||||
| 6274-(79/158) | 105–107 | |||||
| 6774-(81/35) | 112–13 | |||||
| Payment of subscriptions | 6266-(79/156) | 4–7 | ||||
| B/G Res. 31–2 | 400 | |||||
| B/G Res. 34–2 | 406–407 | |||||
| B/G Res. 38–1 | 417 | |||||
| Rates for computations and maintenance of value | 5590-(77/163) | 130–31 | ||||
| Replenishment in connection with supplementary financing facility | 5509-(77/127) | 187 | ||||
| Sale by agreement with member with outstanding purchases | 6274-(79/158) | 105–107 | ||||
| 6352-(79/183) | 108 | |||||
| 6774-(81/35) | 112–13 | |||||
| Selection for payment of charges | *5702-(78/39) | |||||
| G/S | 126 | |||||
| Specified by the Fund, use in repurchases | *5703-(78/39) | 123 | ||||
| 5809-(78/88) | 124 | |||||
| Subscribed to the Fund, ownership | 170–3 | 3 | ||||
| D | Debt management policies; see External debt management policies | |||||
| Deferred income; see Overdue obligations to Fund, Deferred income | ||||||
| Designation; see Special drawing rights | ||||||
| Development Committee; see Joint Ministerial Committee | ||||||
| Discriminatory practices imposed for balance of payments reasons (see also Exchange restrictions) | 955-(59/45) | 280 | ||||
| Drawings; see Purchase transactions; Use of Fund’s resources | ||||||
| E | East African Development Bank, prescription as holder of special drawing rights | 7582-(83/174) S | 315n | |||
| East Caribbean Central Bank, prescription as holder of special drawing rights | 7707-(84/79) S | 315n | ||||
| Enemy-occupied, former, members, introduction of multiple currency practices | 237–2 | 291, 292 | ||||
| Enhanced surveillance | Chairman’s | |||||
| Summing up | 19–22 | |||||
| Procedures for transmittal of staff reports | 8222-(86/45) | 19 | ||||
| Chairman’s | ||||||
| Summing up | 19–22 | |||||
| Enlarged access, policy on | 6783-(81/40) | 46 | ||||
| Access limits, guidelines | *7600-(84/3) | 50–51 | ||||
| Chairman’s Summing up of Dec. 2, 1983 | 52–55 | |||||
| Apportionment between ordinary and borrowed resources | 7601-(84/3) | 51–52 | ||||
| Borrowed Resources Suspense Accounts; see Accounts | ||||||
| Borrowing agreement with Bank for International Settlements | *6863-(81/81) | 242 | ||||
| 7677-(84/64) | 254 | |||||
| Borrowing agreement with Japan | 7677-(84/64) | 254, 258 | ||||
| Borrowing agreement with National Bank of Belgium | 7677-(84/64) | 254, 262 | ||||
| Borrowing agreement with Saudi Arabian Monetary Agency | 6843-(81/75) | 198 | ||||
| Change in conversion arrangements | 7188-(82/114) | 227 | ||||
| Supplementary agreement | 7677-(84/64) | 228 | ||||
| Borrowing from central banks and other official institutions | 6864-(81/81) | 245 | ||||
| Charges | 6783-(81/40) | 49 | ||||
| Exclusion of purchases with borrowed resources and holdings under Article XXX (c) | 6783-(81/40) | 49 | ||||
| Forms of stand-by and extended arrangements | *6838-(81/70) | 61–71 | ||||
| Period | *7599-(84/3) | 49–50 | ||||
| Repurchases; see Repurchases Review | *7599-(84/3) | 50 | ||||
| Utilization of supplementary financing facility for enlarged access resources; see Supplementary financing facility | ||||||
| European Currency Unit, representative rate in terms of SDR | 7041-(82/8) G/S | 334 | ||||
| European Monetary Cooperation Fund, consultation on calculation of representative rate for European Currency Unit | 7041-(82/8)G/S | 334 | ||||
| “Exceptional circumstances,” meaning in Article XIV, Section 3 (Section 4 before Second Amendment) | 117–1 | 306 | ||||
| 237–2 | 292 | |||||
| Exchange arrangements, notification | 5392-(77/63) | 13 | ||||
| 5712-(78/41) | 8 | |||||
| Exchange contracts, unenforceability | 446–4 | 273–74 | ||||
| Exchange control regulations, Fund prepared to advise whether maintained or imposed consistently with Fund Agreement | 446–4 | 274 | ||||
| Exchange controls on capital transfers | 541-(56/39) | 147 | ||||
| Exchange rates: | ||||||
| Borrowing arrangements by Fund | *1289-(62/1) | 155 | ||||
| Exchange rate policies of members, surveillance | 5392-(77/63) | 10 | ||||
| Flexible exchange arrangements | 5712-(78/41) | 8–9 | ||||
| Floating, guidelines | B/G Res. 29–10 | 392 | ||||
| Fluctuating: | ||||||
| Multiple currency practices (fixed and fluctuating rates) | 237–2 | 289 | ||||
| Scope of transactions to be agreed with Fund | 237–2 | 290 | ||||
| Free markets | 237–2 | 290 | ||||
| Multiple currency practices arising from official action | 6790-(81/43) | 295–97 | ||||
| Notification to Fund | 5392-(77/63) | 13 | ||||
| 5712-(78/41) | 8 | |||||
| Pegs, notification to Fund of changes | 5712-(78/41) | 8–9 | ||||
| Representative rate for European Currency Unit in terms of SDR | 7041-(82/8) G/S | 334 | ||||
| Unification in multiple rate systems a basic objective of Fund | 649-(57/33) | 294 | ||||
| Exchange restrictions (see also Payments restrictions): | ||||||
| Approval | 1034-(60/27) | 282 | ||||
| Avoidance of escalation | 4134-(74/4) | 285 | ||||
| 4254-(74/75) | 298 | |||||
| Bilateralism | 433-(55/42) | 276 | ||||
| Capital transactions; see Capital transfers | ||||||
| Consultations with Fund | 1034-(60/27) | 282 | ||||
| Discrimination | 955-(59/45) | 280 | ||||
| Guiding principle of whether measure is a restriction on payments and transfers for current international transactions | 1034-(60/27) | 281 | ||||
| Introduction | 1034-(60/27) | 281–82 | ||||
| Maintenance | 1034-(60/27) | 281–82 | ||||
| Multiple currency practices | 237–22 | 286 | ||||
| 649–07/33) | 294 | |||||
| 6790-(81/43) | 295–97 | |||||
| Payments arrears | 3153-(70/95) | 283–85 | ||||
| Retention quotas | 201-(53/29) | 277–79 | ||||
| Security reasons; see Payments restrictions | ||||||
| Transitional arrangements under Article XIV, obligations under Article VIII, Sections 2, 3, and 4 | 1034-(60/27) | 282 | ||||
| Withdrawal, representation by Fund | 117–1 | 306 | ||||
| Exchange systems, avoidance of use for nonbalance of payment reasons | 1034-(60/27) | 282 | ||||
| Exchange taxes | 237–2 | 289, 293 | ||||
| Notification to Fund | 5712-(78/41) | 9 | ||||
| Exchange transactions; see Purchase transactions | ||||||
| Exclusion of balances held in administrative accounts; see Accounts, Administrative accounts | ||||||
| Exclusion of purchases and holdings under Fund policies; see Article XXX (c) | ||||||
| Executive Board: | ||||||
| Annual review of decision on oil facility Subsidy Account | *4773-(75/136) | 373 | ||||
| Annual review of implementation of surveillance over members’ exchange rate policies | 5392-(77/63) | 14 | ||||
| 6026-(79/13) | 15 | |||||
| 7646-(84/40) | 16 | |||||
| 7939-(85/49) | 16 | |||||
| Annual review of upper-maturity limit in guidelines on performance criteria with respect to foreign borrowing | 6230-(79/140) | 30 | ||||
| Communication of changes in members’ exchange arrangements | 5712-(78/41) | 8 | ||||
| Information on operation of buffer stocks | 3179-(70/102) | 96 | ||||
| 5127-(76/91) | 97 | |||||
| 5597-(77/171) | 101 | |||||
| 7246-(82/147) | 103 | |||||
| 7247-(82/147) | 99 | |||||
| Report to Board of Governors on quota increases under General Reviews of Quotas: | ||||||
| 7th | B/G Res. 34–2 | 402 | ||||
| 8th | B/G Res. 38–1 | 413 | ||||
| Review and change of rules for designation | 6209-(79/124) S | 332 | ||||
| Review of broad developments in exchange rates | 5392-(77/63) | 13 | ||||
| Review of decision on extended Fund facility | *4377-(74/114) | 35 | ||||
| 5220-(76/144) | 36 | |||||
| 7558-(83/156) | 36 | |||||
| 7857-(84/175) | 37 | |||||
| Review of functioning of international adjustment process | 5392-(77/63) | 12 | ||||
| Review of guidelines for borrowing by Fund | 7040-(82/7) | 272 | ||||
| Review of level of Fund’s SDR holdings | 6275-(79/158) | |||||
| G/S | 107 | |||||
| 7626-(84/23) S | 111 | |||||
| 7941-(85/50) S | 111 | |||||
| Review of prescriptions of holders of special drawing rights | 6467-(80/71) S | 312 | ||||
| Review of quota calculation method | B/G Res. 38–1 | 413 | ||||
| Executive Directors: | ||||||
| Additional appointed, meaning of “the preceding two years” in Article XII, Section 3(c) | 597–4 | 304 | ||||
| Appointment by members having five largest quotas | 2–1 | 303 | ||||
| Determination of members entitled to appoint under Article XII, Section 3(c) | *574–2 | 303–304 | ||||
| Balances held in Fund’s administrative accounts not in excess of 0.1 percent of quota not to be considered part of Fund’s holdings of member’s currency for determination | 7060-(82/23) | 341 | ||||
| Participation in meetings of Development Committee | B/G Res. 29–9 | 388 | ||||
| Participation in meetings of Interim Committee | B/G Res. 29–8 | 383 | ||||
| Voting power, effect of quota changes | 180–5 | 304 | ||||
| Export shortfalls, financing; see Compensatory financing of export fluctuations | ||||||
| Extended arrangements | *4377-(74/114) | 32–36 | ||||
| Amendment to utilize supplementary financing | 7047-(82/13) | 72 | ||||
| 7048-(82/13) | 74 | |||||
| Amounts to be made available under enlarged access policy decision, guidelines | *7600-(84/3) | 50–51 | ||||
| Augmentation of rights to make purchases, elimination | 5706-(78/39) | 71 | ||||
| Charge | *4377-(74/114) | 35 | ||||
| 4720-(75/114) | 38 | |||||
| *6838-(81/70) | 70 | |||||
| Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase” | 6830-(81/65) | 340 | ||||
| Form under enlarged access policy | *6838-(81/70) | 61 | ||||
| 7048-(82/13) | 74 | |||||
| 7908-(85/26) | 75 | |||||
| Ineligibility | *6838-(81/70) | 69 | ||||
| Publicity upon declaration | 7931-(85/41) | 305 | ||||
| 7999-(85/90) | 305 | |||||
| Misreporting and noncomplying purchases, guidelines on corrective action | 7842-(84/165) | 77–79 | ||||
| Noncomplying purchases; see Misreporting and noncomplying purchases | ||||||
| Overdue obligations to Fund, purchases from Fund | 7908-(85/26) | 75 | ||||
| EBM/84/54 | 75–76 | |||||
| Provision for enlarged access to Fund’s resources | 6783-(81/40) | 46 | ||||
| Provision for supplementary financing | 5508-(77/127) | 38–44 | ||||
| 6693-(80/177) | 45 | |||||
| 6725-(81/5) | 45 | |||||
| Repurchases; see Repurchases | ||||||
| Review of decision on extended Fund facility | 5220-(76/144) | 36 | ||||
| 7558-(83/156) | 36–37 | |||||
| 7857-(84/175) | 37 | |||||
| Suspension of right to engage in purchase transactions | *6838-(81/70) | 69 | ||||
| Utilization of supplementary financing facility for enlarged access resources; see Amendment to utilize . . . , above | ||||||
| Extended Fund facility; see Extended arrangements | ||||||
| External debt management policies | 6230-(79/140) | 29 | ||||
| F | “First credit tranche,” Fund attitude to request for transactions | 25 | ||||
| Floating rates; see Exchange rates | ||||||
| Fluctuating exchange rates; see Exchange rates Freely usable currencies | 5719-(78/46) | 343 | ||||
| Free markets; see Exchange rates | ||||||
| Fund resources, use; see Use of Fund’s resources | ||||||
| Fund’s holdings; see Holdings of the Fund | ||||||
| G | General Agreement on Tariffs and Trade | 1034-(60/27) | 283 | |||
| 4254-(74/75) | 299–300 | |||||
| B/G Res. 29–10 | 393 | |||||
| General Arrangements to Borrow; see Borrowing by the Fund | ||||||
| General Resources Accounts; see Accounts | ||||||
| Gold: | ||||||
| Repurchase obligations, discharge by payment in SDRs or currencies of other members specified by Fund | *5703-(78/39) | 122–23 | ||||
| 5809-(78/88) | 123–24 | |||||
| Sale, amounts available to Trust Fund | 5069-(76/72) | 349 | ||||
| Sale for benefit of developing members, distribution of profits through Trust Fund | 5069-(76/72) | 344 | ||||
| 5709-(78/41) TR | 354–55 | |||||
| 5832-(78/95) TR | 355 | |||||
| 6540-(80/98) TR | 360 | |||||
| Sale, transfer of profits to Trust Fund | 5069-(76/72) | 345 | ||||
| Subscribed to Fund, ownership | 170–3 | 3 | ||||
| Gross reserve position; see Reverse position, gross | ||||||
| H | Holdings of the Fund: | |||||
| Adjustment by Fund | 5590-(77/163) | 130–31 | ||||
| Attribution of reductions to enlargement of member’s reserve tranche position | 6774-(81/35) | 114 | ||||
| *6831-(81/65) | 124 | |||||
| Attribution of reductions to repurchase obligations | *6831-(81/65) | 124 | ||||
| Balances held in administrative accounts not in excess of 0.1 percent of member’s quota, exclusion from Fund’s holdings of member’s currency for certain purposes | 7060-(82/23) | 341 | ||||
| Computations and adjustment, rates | 5590-(77/163) | 130–31 | ||||
| Exclusion of holdings resulting from credit tranche purchases | 6830-(81/65) | 340 | ||||
| Exclusion under buffer stock facility | 5591-(77/163) | 338 | ||||
| Exclusion under compensatory financing of export fluctuations | 2836-(69/87) | 338 | ||||
| Exclusion under compensatory financing of fluctuations in the cost of cereal imports | *6860-(81/81) | 91–92 | ||||
| Exclusion under enlarged access policy | 6783-(81/40) | 340 | ||||
| Exclusion under extended Fund facility | 6830-(81/65) | 340 | ||||
| Exclusion under oil facility | 5371-(77/51) | 339 | ||||
| Exclusion under supplementary financing facility | 5508-(77/127) | 339 | ||||
| Replenishment; see Article VII, replenishment of Fund’s holdings of currencies; Borrowing by the Fund | ||||||
| Repurchases; see Repurchases | ||||||
| I | Import restrictions imposed for balance of payments reasons, GATT members | 1034-(60/27) | 283 | |||
| Ineligibility; see Extended arrangements; Stand-by arrangements; Use of Fund’s resources | ||||||
| Interest: | ||||||
| Charge on loans from Trust Fund | 5069-(76/72) | 348 | ||||
| Payment on Fund indebtedness to Bank for International Settlements | *6863-(81/81) | 243–44 | ||||
| Payment on Fund indebtedness to central banks and other official institutions | 6864-(81/81) | 246 | ||||
| Payment on Fund indebtedness to Saudi Arabian Monetary Agency | 6843-(81/75) | 202 | ||||
| Payment on Fund indebtedness to Swiss National Bank | 5288-(76/167) | 174 | ||||
| 5331-(77/15) | 180–81 | |||||
| 5387-(77/61) | 178 | |||||
| 5488-(77/116) | 181 | |||||
| Payment on Fund indebtedness under General Arrangements to Borrow | *1289-(62/1) | 152 | ||||
| Payment on Fund indebtedness under supplementary financing facility Subsidy Account | 6683-(80/185) | |||||
| G/TR | 364 | |||||
| Payment under supplementary financing facility | 5509-(77/127) | |||||
| Annex | 191 | |||||
| 6163-(79/96) | 196 | |||||
| Payments by members under Trust Fund loan agreements | 6358-(79/188) | |||||
| Interim Committee of the Board of Governors on the International Monetary System: | ||||||
| Establishment | B/G Res. 29–8 | 382 | ||||
| Review of functioning of international adjustment process | 5392-(77/63) | 12 | ||||
| Rules of procedure | 395 | |||||
| International Bank for Reconstruction and Development, prescription as holder of special drawing rights | 6718-(81/1) S 6718-(81/1) S | 314n 314n | ||||
| International Development Association, prescription as holder of special drawing rights | 6718-(81/1) S | 314n | ||||
| International Fund for Agricultural Development, prescription as holder of special drawing rights | 6489-(80/77) S | 314n | ||||
| International monetary system, reform | B/G Comp. Res. | 381 | ||||
| International Natural Rubber, Sugar, and Tin Agreements; see Buffer stock financing facility | ||||||
| Interpretation of Articles of Agreement | xxvii | |||||
| Investment: | ||||||
| Currencies held in oil facility Subsidy Account | *4773-(75/136) | 372 | ||||
| Currencies held in supplementary financing facility Subsidy Account | 6683-(80/185) | |||||
| G/TR | 364, 367 | |||||
| 6854-(81/78) | ||||||
| SBS | 369 | |||||
| Currency balances held in Trust Fund | 5069-(76/72) | 350 | ||||
| 5972-(78/189) | 353 | |||||
| 5973-(78/189) | ||||||
| TR | 354 | |||||
| Islamic Development Bank, prescription as holder of special drawing rights | 7086-(82/42) S | 315n | ||||
| J | Japan, Borrowing agreement with Fund; see Borrowing by the Fund | |||||
| Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries: | ||||||
| Establishment | B/G Res. 29–9 | 385 | ||||
| Rules of procedure | 395 | |||||
| Secretariat function, changes in organization of work and structure | 397 | |||||
| M | Managing Director: | |||||
| Authority to establish Borrowed Resources Suspense Accounts, and to transfer and invest balances of borrowed currencies | 6844-(81/75) | 269 | ||||
| 6845-(81/75) | 270 | |||||
| Authority to establish oil facility Subsidy Account | *4773-(75/136) | 371 | ||||
| Authority to make calls under borrowing arrangements in connection with supplementary financing facility | 6006-(79/3) | 195 | ||||
| Authorizations in connection with implementation of borrowing agreement with Saudi Arabian Monetary Agency | 6843-(81/75) | 198 | ||||
| Consultation by eligible member to request assistance from Trust Fund | 5069-(76/72) | 346 | ||||
| Consultation by member before making request under supplementary financing facility | 5508-(77/127) | 39 | ||||
| Consultation by member contemplating request under extended Fund facility | *4377-(74/114) | 33 | ||||
| Consultation by member to request use of Fund resources under policy on enlarged access | 6783-(81/40) | 46 | ||||
| Consultation with members when notice of exchange policy change not received | 5712-(78/41) | 9 | ||||
| Consultations and proposals to Executive Board concerning sales of currencies at request of members with outstanding purchases | 6352-(79/183) | 109 | ||||
| Consultations with lenders on means of interest payment under borrowing agreements in connection with supplementary financing facility | 6163-(79/96) | 196 | ||||
| Deposit of currencies received by supplementary financing facility Subsidy Account with Bank for International Settlements | *6854-(81/78) | |||||
| SBS | 369 | |||||
| Discussions with members judged sufficiently strong whose outstanding purchases are not subject to guidelines on early repurchase with view to reducing their indebtedness to the Fund | 6774-(81/35) | 114 | ||||
| Discussions with members on exchange policies | 5392-(77/63) | 14 | ||||
| 6026-(79/13) | 15 | |||||
| Participation in meetings of Development Committee | B/G Res. 29–9 | 388 | ||||
| Participation in meetings of Interim Committee | B/G Res. 29–8 | 383 | ||||
| Placement of Trust Fund investments in SDR-denominated deposits | 5973-(78/189) | |||||
| TR | 354 | |||||
| Proposal for allocation of SDRs: | ||||||
| 1st basic period | B/G Res. 24–12 | 422 | ||||
| 3d basic period | B/G Res. 34–3 | 424 | ||||
| 4th basic period | 434 | |||||
| Proposals for calls under General Arrangements to Borrow | *1289-(62/1) | 151, 159 | ||||
| 1712-(64/29) | 168 | |||||
| Proposals for Trust Fund investments | 5973-(78/189) | |||||
| TR | 354 | |||||
| Recommendations to Executive Board regarding approval of use of Fund resources and standby arrangements | 6056-(79/38) | 27 | ||||
| Report to Board of Governors and to Executive Board on allocation of SDRs for fourth basic period | 434 | |||||
| Misreporting and noncomplying purchases, guidelines on corrective action; see Extended or Stand-by arrangement | ||||||
| Monetary stabilization operations, use of Fund’s resources | 71–2 | 23 | ||||
| B/G Res. IM-6 | 379 | |||||
| Multiple currency practices: | ||||||
| Policy | 237–2 | 286 | ||||
| 649-(57/33) | 294 | |||||
| 6790-(81/43) | 295 | |||||
| Prior Fund approval | 5712-(78/41) | 9 | ||||
| Spreads | 6790-(81/43) | 295–96 | ||||
| N | “Net creditor position in the Fund” | 6008-(79/3) | 196 | |||
| Noncomplying purchases; see Stand-by or extended arrangement, Misreporting and noncomplying purchases | ||||||
| Nordic Investment Bank, prescription as holder of special drawing rights | 6488-(80/77) S | 314n | ||||
| O | Oil facility: | |||||
| 1975 facility | ||||||
| Subsidy Account | *4773-(75/136) | 371 | ||||
| Final review and report on termination | 7420-(83/82) | 374 | ||||
| 7484-(83/117) | 374–75 | |||||
| Exclusion of purchases and holdings for purpose of definition of “reserve tranche purchase” | 5371-(77/51) | 339 | ||||
| Operational budgets: | ||||||
| Assessment of strength of member’s balance of payments and gross reserve position | 6273-(79/158) | |||||
| G/S | 104 | |||||
| Sales of SDRs and use of currencies | 6772-(81/35) | |||||
| G/S | 110 | |||||
| Overdue obligations to Fund, purchases from Fund; (see also Extended or Stand-by arrangements) | 7908-(85/26) | 64, 69, 75 | ||||
| Accounting for overdue charges | 7930-(85/41) | 127 | ||||
| Complaint, period of consideration | Chairman’s | |||||
| Summing up | 76–77 | |||||
| Deferred income | 7930-(85/41) | 127 | ||||
| Publicity upon declaration of ineligibility | 7999-(85/90) | 305 | ||||
| Reporting by Fund | 7931-(85/41) | 305 | ||||
| Setoff in connection with retroactive reduction of charges due by members in arrears | 8271-(86/74) | 129 | ||||
| Special charges on | 8165-(85/189) | |||||
| G/TR | 127–29 | |||||
| Overdue payments to Fund; see Overdue obligations to Fund | ||||||
| P | Payments arrears | 3153-(70/95) | 283 | |||
| Payments policies of members | 4134-(74/4) | 285 | ||||
| Payments restrictions (see also Exchange restrictions; Payments arrears): | ||||||
| For security reasons, Fund jurisdiction | 144-(52/51) | 275–76 | ||||
| Withdrawal or general abandonment | 117–1 | 306 | ||||
| “Position in the Fund,” definition | 6274-(79/158) 6772-(81/35) | 106 | ||||
| G/S | 111 | |||||
| Prior notice to Fund, imposition of payments restrictions for security reasons | 144-(52/51) | 275 | ||||
| Publication of reports, overdue obligations | 7931-(85/41) | 305 | ||||
| Publicity on declaration of ineligibility | 7999-(85/90) | 305 | ||||
| Purchase transactions (see also Use of Fund’s resources): | ||||||
| Augmentation of rights to purchase under standby and extended arrangements, elimination | 5706-(78/39) | 71 | ||||
| Purchase under buffer stock financing facility | *2772-(69/47) | 94 | ||||
| 3179-(70/102) | 95 | |||||
| 5127-(76/91) | 96–97 | |||||
| 5597-(77/163) | 338 | |||||
| 5597-(77/171) | 99 | |||||
| 7246-(82/147) | 102 | |||||
| 7247-(82/147) | 97 | |||||
| Purchases under compensatory financing of export fluctuations | 2836-(69/87) | 338 | ||||
| 6224-(79/135) | 82–85 | |||||
| Purchases under compensatory financing of fluctuations in the cost of cereal imports | *6860-(81/81) | 88–93 | ||||
| Purchases under credit tranche; see Tranche policies | ||||||
| Purchases under extended arrangements | 5508-(77/127) | 40 | ||||
| 6783-(81/40) | 46–47 | |||||
| 6830-(81/65) | 72 | |||||
| *6838-(81/70) | 67–71 | |||||
| 7048-(82/13) | 74 | |||||
| Purchases under policy on enlarged access | 6783-(81/40) | 46 | ||||
| Purchases under stand-by arrangements | 5508-(77/127) | 39–40 | ||||
| 6783-(81/40) | 47 | |||||
| *6838-(81/70) | 61–66 | |||||
| 7048-(82/13) | 74 | |||||
| Purchases under supplementary financing facility | 5508-(77/127) | 39–40 | ||||
| Resumption of purchases under extended arrangement after decision of formal ineligibility or to consider such a proposal | *6838-(81/70) | 69–70 | ||||
| Resumption of purchases under stand-by arrangement after decision of formal ineligibility or to consider such a proposal | *270-(53/95) | 60 | ||||
| *6838-(81/70) | 65 | |||||
| Suspension, effect on General Arrangements to Borrow | *1289-(62/1) | 157 | ||||
| Suspension of transactions under extended arrangements | *6838-(81/70) | 69 | ||||
| Suspension of transactions under stand-by arrangements | *270-(53/95) | 60 | ||||
| *6838-(81/70) | 64–65 | |||||
| Q | Quotas: | |||||
| Adjustment, first interval of five years | 408–2 | 3 | ||||
| Calculation, review of method | B/G Res. 38–1 | 414 | ||||
| Change, effect on voting power of elected Executive Director | 180–5 | 304 | ||||
| Reviews: | ||||||
| 1st | 408–2 | 3 | ||||
| 6th General | B/G Res. 29–10 | 395 | ||||
| B/G Res. 31–2 | 399 | |||||
| 7th General | B/G Res. 34–2 | 402 | ||||
| Sale of SDRs by Fund to members for use in quota payments | 6663-(80/160) S | 116 | ||||
| 8th General | B/G Res. 38–1 | 413 | ||||
| Special adjustment for members with very small quotas | B/G Res. 38–1 | 415 | ||||
| R | Rates for official communications of Fund | 534–3 | 301–302 | |||
| Rates of exchange; see Exchange rates; Multiple currency practices | ||||||
| Reconstitution; see Special drawing rights, Reconstitution | ||||||
| Remuneration on net creditor positions, balances held in Fund’s administrative accounts not in excess of 0.1 percent of quota, exclusion from Fund’s holdings of member’s currency for calculation | 7060-(82/23) | 341 | ||||
| Repayment by Fund of borrowed currency | *1289-(62/1) | 153–54 | ||||
| 1712-(64/29) | 170 | |||||
| 5288-(76/167) | 175 | |||||
| 5387-(77/61) | 179 | |||||
| 5509-(77/127) | 192 | |||||
| 6843-(81/75) | 202, 204 | |||||
| 6864-(81/81) | 247 | |||||
| Replenishment; see Article VII, replenishment of Fund’s holdings of currencies; Borrowing by the Fund | ||||||
| Reporting by the Fund of overdue obligations | 7931-(85/41) | 305 | ||||
| Repurchases: | ||||||
| Attribution of reductions in Fund’s holdings of currencies | 6774-(81/35) | 114 | ||||
| *6831-(81/65) | 124 | |||||
| Currency resulting from purchase under credit tranches | *5703-(78/39) | 121–22 | ||||
| Currency resulting from purchase under extended arrangement | *6838-(81/70) | 70 | ||||
| Currency resulting from purchase under standby arrangement | *6838-(81/70) | 65 | ||||
| Early, guidelines | 5704-(78/39) | 117 | ||||
| 6172-(79/101) | 119 | |||||
| 6273-(79/158) | ||||||
| G/S | 104 | |||||
| Guidelines for selection of currencies | 6274-(79/158) | 105 | ||||
| 6774-(81/35) | 112 | |||||
| Obligations to pay gold, payment with SDRs or currencies of other members | *5703-(78/39) | 122 | ||||
| 5809-(78/88) | 123 | |||||
| Of Fund’s holdings | 102-(52/11) | 24–25 | ||||
| Procedures | *5703-(78/39) | 121 | ||||
| Under buffer stock financing facility | *5703-(78/39) | 121 | ||||
| 6th International Tin Agreement | 7247-(82/147) | 97 | ||||
| 1977 International Sugar Agreement | 5597-(77/171) | 99 | ||||
| International Natural Rubber Agreement, 1979 | 7246-(82/147) | 102 | ||||
| Under compensatory financing of export fluctuations | *5703-(78/39) | 121 | ||||
| Representation of intention to repurchase amount of overcompensation | 6224-(79/135) | 84 | ||||
| Under compensatory financing of fluctuations in the cost of cereal imports | *5703-(78/39) | 121 | ||||
| *6860-(81/81) | 92 | |||||
| Under decision on enlarged access | 6783-(81/40) | 48 | ||||
| Under extended Fund facility | *4377-(74/114) | 35 | ||||
| Under supplementary financing facility | 5508-(77/127) | 42–43 | ||||
| Reserve assets: | ||||||
| Guidelines for determining amount to be paid in connection with subscriptions | 6266-(79/156) | 4 | ||||
| Payment for subscriptions under 8th General Review of Quotas | B/G Res. 38–1 | 416, 418 | ||||
| Reserve position, gross, assessment for purposes of designation plans, operational budgets, and early repurchases | 6273-(79/158) | |||||
| G/S | 104 | |||||
| Reserve tranche position: | ||||||
| Attribution of reductions in Fund’s holdings of currencies to enlarge | 6774-(81/35) | 114 | ||||
| *6831-(81/65) | 124 | |||||
| Review | 7704-(84/78) | 125 | ||||
| Balances held in Fund’s administrative accounts not in excess of 0.1 percent of quota not to be considered part of Fund’s holdings of member’s currency for determination | 7060-(82/23) | 341 | ||||
| Reserve tranche purchases (see also Use of Fund’s resources): | ||||||
| Exclusion of purchases and holdings in credit tranches | 6830-(81/65) | 340 | ||||
| Exclusion of purchases and holdings under buffer stock financing facility | 5591-(77/163) | 338 | ||||
| Exclusion of purchases and holdings under compensatory financing of export fluctuations | 2836-(69/87) | 338 | ||||
| Exclusion of purchases and holdings under compensatory financing of fluctuations in the cost of cereal imports | *6860-(81/81) | 91 | ||||
| Exclusion of purchases and holdings under extended facility | 6830-(81/65) | 340 | ||||
| Exclusion of purchases and holdings under oil facility | 5371-(77/51)x | 339 | ||||
| Exclusion of purchases and holdings under policy on enlarged access | 6783-(81/40) | 340 | ||||
| Exclusion of purchases and holdings under supplementary financing facility | 5508-(77/127) | 339 | ||||
| Restrictions; see Exchange restrictions; Payments restrictions | ||||||
| Retention quotas | 201-(53/29) | 277 | ||||
| Rule G-1 | *1289-(62/1) | 156 | ||||
| Rule O-2: | ||||||
| Determination of exchange rate | *1289-(62/1) | 155 | ||||
| 5288-(76/167) | 173 | |||||
| 5387-(77/61) | 177–78 | |||||
| 5590-(77/163) | 130 | |||||
| 6001-(79/1) S | 318–19 | |||||
| 6053-(79/34) S | 320 | |||||
| 6054-(79/34) S | 322 | |||||
| 6336-(79/178) S | 324 | |||||
| 7041-(82/8) | ||||||
| G/S | 334 | |||||
| Valuation of U.S. dollar in terms of special drawing rights | 6709-(80/189) S | 310 | ||||
| Rule P-7: | ||||||
| Declaration concerning use of special drawing rights in accordance with prescription on donations | 6437-(80/37) S | 327 | ||||
| Declaration concerning use of special drawing rights in accordance with prescription on forward operations | 6337-(79/178) S | 326 | ||||
| Declaration concerning use of special drawing rights in accordance with prescription on loans | 6001-(79/1) S | 319 | ||||
| Declaration concerning use of special drawing rights in accordance with prescription on pledges | *6053-(79/34) S | 321 | ||||
| Declaration concerning use of special drawing rights in accordance with prescription on settlement of financial obligations | *6000-(79/1) S | 317 | ||||
| Declaration concerning use of special drawing rights in accordance with prescription on swap operations | 6336-(79/178) S | 325 | ||||
| Declaration concerning use of special drawing rights in accordance with prescription on transfers as security for performance of financial operations | *6054-(79/34) S | 323 | ||||
| Rule P-9, record of operations in special drawing rights | *6000-(79/1) S | 318 | ||||
| 6001-(79/1) S | 320 | |||||
| *6053-(79/34) S | 322 | |||||
| *6054-(79/34) S | 324 | |||||
| 6336-(79/178) S | 325 | |||||
| 6337-(79/178) S | 327 | |||||
| 6437-(80/37) S | 327 | |||||
| 8186-(86/9) | ||||||
| SBS/S | 328 | |||||
| Rule R-1 through R-6, rules for reconstitution, abrogation | 6832-(81/65) S | 333 | ||||
| S | Saudi Arabia, association agreement under General Arrangements to Borrow; see Borrowing by the Fund | |||||
| Saudi Arabian Monetary Agency, borrowing agreement with Fund | 6843-(81/75) | 198 | ||||
| Change in conversion arrangements | 7188-(82/114) | 227 | ||||
| Supplementary agreement | 7677-(84/64) | 228 | ||||
| Transferability of claims | 7629-(84/25) | 166 | ||||
| Special Disbursement Account; see Accounts | ||||||
| Special drawing rights: | ||||||
| Allocation for first basic period | B/G Res. 24–12 | 422 | ||||
| Allocation for third basic period | B/G Res. 34–3 | 424 | ||||
| New participants | 5956-(78/180) S | 316 | ||||
| 6368-(79/191) S | 316 | |||||
| Allocation for fourth basic period, Managing Director’s report to Board of Governors and to Executive Board | 434 | |||||
| Change in method of valuation, effect on claims under supplementary financing facility | 5509-(77/127) | |||||
| Annex | 193 | |||||
| Designation, review of rules and method of calculating amounts | 6209-(79/124) S | 329 | ||||
| Holders prescribed by the Fund: | ||||||
| Andean Reserve Fund | 6486-(80/77) S | 314 | ||||
| Arab Monetary Fund | 6609-(80/126) S | 314n | ||||
| Asian Development Bank | 7229-(82/136) S | 315n | ||||
| Bank for International Settlements | 6484-(80/77) S | 313 | ||||
| Bank of Central African States | 7064-(82/26) S | 314n | ||||
| Central Bank of West African States | 6908-(81/101) S | 314n | ||||
| East African Development Bank | 7582-(83/174) S | 315n | ||||
| East Caribbean Central Bank | 7707-(84/79) S | 315n | ||||
| International Bank for Reconstruction and Development | 6718-(81/1) S | 314n | ||||
| International Development Association | 6718-(81/1) S | 314n | ||||
| International Fund for Agricultural Development | 6489-(80/77) S | 314n | ||||
| Islamic Development Bank | 7086-(82/42) S | 315n | ||||
| Nordic Investment Bank | 6488-(80/77) S | 314n | ||||
| Swiss National Bank | 6485-(80/77) S | 315 | ||||
| Terms and conditions for accepting, holding, or using SDRs | 6467-(80/71) S | 311 | ||||
| Level of SDR holdings in General Resources Account, maintenance; see Accounts, General Resources Account | ||||||
| Loans for Trust Fund expressed in | 5069-(76/72) | 348 | ||||
| Method of collecting exchange rates for calculation of value of SDR for purpose of Rule O-2(a) | 6709-(80/189) S | 310 | ||||
| Payment of net charges and assessment in Special Drawing Rights Department; see Special Drawing Rights Department, payment | ||||||
| Payment of subscriptions | 6266-(79/156) | 5 | ||||
| Reconstitution, abrogation of rules | 6832-(81/65) S | 333 | ||||
| Sale by Fund to members for use in quota payments under 7th General Review | 6663-(80/160) S | 116 | ||||
| Sale by Fund, guidelines | 6772-(81/35) | |||||
| G/S | 110 | |||||
| SDR-denominated deposits with Bank for International Settlements | 5973-(78/189) | |||||
| TR | 354 | |||||
| Transfers under Article V, Section 3(f) | 6275-(79/158) | |||||
| G/S | 107 | |||||
| Transfers under Article V, Section 6(b), guidelines for selection of currencies | 6274-(79/158) | 105 | ||||
| 6774-(81/35) | 112 | |||||
| Use in donations | 6437-(80/37) S | 327 | ||||
| Use in donations and loans to supplementary financing facility Subsidy Account | 6683-(80/185) | |||||
| G/TR | 367 | |||||
| Use in forward operations | 6337-(79/178) S | 326 | ||||
| Use in loans | 6001-(79/1) S | 318 | ||||
| Use in operations under Structural Adjustment Facility | 8239-(86/56) | |||||
| SAF | 328 | |||||
| Use in payment of charges | *5702-(78/39) | |||||
| G/S | 126 | |||||
| Use in payment of 25 percent of quota increases | B/G Res. 31–2 | 400 | ||||
| B/G Res. 34–2 | 407 | |||||
| B/G Res. 38–1 | 416 | |||||
| Use in payment of subsidy | 8186-(86/9) | |||||
| SBS/S | 327–28 | |||||
| Use in pledges | *6053-(79/34) S | 320–22 | ||||
| Use in repayment of Fund’s debt to Swiss National Bank | 6485-(80/77) S | 315 | ||||
| Use in repurchases | *5703-(78/39) | 122–23 | ||||
| 5809-(78/88) | 123 | |||||
| Use in settlement of financial obligations | *6000-(79/1) S | 317 | ||||
| Use in swap operations | 6336-(79/178) S | 324 | ||||
| Use in transfers as security for performance of financial obligations | *6054-(79/34) S | 322 | ||||
| Valuation basket, guidelines for calculation of currency amount | 8160-(85/186) | |||||
| G/S | 309 | |||||
| Valuation for use in borrowing arrangements | *1289-(62/1) | 155 | ||||
| 5288-(76/167) | 173 | |||||
| 5387-(77/61) | 177 | |||||
| 6843-(81/75) | 203 | |||||
| Valuation, interim | B/G Res. 29–10 | 393–94 | ||||
| Valution method | 6631-(80/145) | |||||
| G/S | 307 | |||||
| Valuation of U.S. dollar pursuant to Rule O-2(a), method | 6709-(80/189) S | 310 | ||||
| Special Drawing Rights Department, payment of net charges and assessment | 7116-(82/68) S | 335 | ||||
| Stabilization of prices of primary products, Fund facility; see Buffer stock financing facility | ||||||
| Stand-by arrangements: | ||||||
| Amendment to utilize supplementary financing | 7047-(82/13) | 72 | ||||
| 7048-(82/13) | 74 | |||||
| Amounts to be made available under enlarged access policy decision, guidelines | 6783-(81/40) | 47 | ||||
| 7600-(84/3) | 50–51 | |||||
| Augmentation of rights to make purchases, elimination | 5706-(78/39) | 71 | ||||
| Charges | *6838-(81/70) | 65 | ||||
| Conditionality, guidelines | 6056-(79/38) | 26–28 | ||||
| Review | 8192-(86/13) | 37–38 | ||||
| Exclusion of purchases for purposes of definition of “reserve tranche purchase” | 6830-(81/65) | 340 | ||||
| Foreign borrowing, performance criteria | 6230-(79/140) | 29 | ||||
| Form under enlarged access policy | *6838-(81/70) | 61–66 | ||||
| 7048-(82/13) | 74 | |||||
| Ineligibility | *270-(53/95) | 60 | ||||
| *6838-(81/70) | 65 | |||||
| Publicity upon declaration of | 7999-(85/90) | 305 | ||||
| 7931-(85/41) | 305 | |||||
| Misreporting and noncomplying purchases, guidelines on corrective action | 7842-(84/165) | 77 | ||||
| Noncomplying purchases; see Misreporting and noncomplying purchases, above | ||||||
| Overdue obligations to the Fund, purchases from Fund | 7908-(85/26) | 64, 69, 75 | ||||
| EBM/84/54 | 75–76, | |||||
| Payments arrears, performance criteria | 3153-(70/95) | 284–85 | ||||
| Period | *270-(53/95) | 59 | ||||
| 5508-(77/127) | 40 | |||||
| 6783-(81/40) | 47 | |||||
| Performance criteria and phasing, operational guidelines | 7925-(85/38) | 80 | ||||
| Policies and procedures | *270-(53/95) | 60 | ||||
| Provision for enlarged access to Fund’s resources | 6783-(81/40) | 46 | ||||
| Provision for supplementary financing | 5508-(77/127) | 38 | ||||
| 6693-(80/177) | 45 | |||||
| 6725-(81/5) | 45 | |||||
| Relationship between performance criteria and phasing of purchases, operational guidelines | 7925-(85/38) | 80 | ||||
| Renewal | *270-(53/95) | 59 | ||||
| Repurchases; see Repurchases, Currency resulting from purchase under stand-by arrangement | ||||||
| Suspension of right to engage in purchase transactions | *270-(53/95) | 60 | ||||
| *6838-(81/70) | 64–65 | |||||
| Utilization of supplementary financing facility for enlarged access resources; see Amendment to utilize . . ., above | ||||||
| Structural adjustment facility: | ||||||
| Income from investment and loans, availability of use | 8237-(86/56) | |||||
| SAF | 132–33 | |||||
| List of eligible members and amounts of assistance | 8240-(86/56) | |||||
| SAF | 137–38 | |||||
| Regulations for administration | 8238-(86/56) | |||||
| SAF | 133–38 | |||||
| Chairman’s | ||||||
| Summing up | 140–45 | |||||
| Review of operation | 8241-(86/56) | |||||
| SAF | 139 | |||||
| Use of SDRs in operation | 8239-(86/56) | |||||
| SAF | 328 | |||||
| Subscriptions: | ||||||
| Gold and currency, ownership by Fund | 170–3 | 3 | ||||
| Payment of quota increases | B/G Res. 31–2 | 400 | ||||
| B/G Res. 34–2 | 407, 409 | |||||
| B/G Res. 38–1 | 416, 418 | |||||
| Reserve assets: | ||||||
| Guidelines for determining amounts to be paid | 6266-(79/156) | 4 | ||||
| Payment under 8th General Review of Quotas | B/G Res. 38–1 | 416, 418 | ||||
| Subsidy accounts; see Accounts, Subsidy Accounts | ||||||
| Sugar Agreement, International; see Buffer stock financing facility | ||||||
| Supplementary financing facility: | ||||||
| Authorization to make calls under borrowing arrangements | 6006-(79/3) | 195 | ||||
| Charges; see Charges | ||||||
| Establishment | 5508-(77/127) | 38 | ||||
| Extension of period | 6725-(81/5) | 45 | ||||
| No augmentation of rights to purchase | 5706-(78/39) | 71 | ||||
| Replenishment of Fund’s holdings of currencies | 5509-(77/127) | 187 | ||||
| Interest payments under borrowing agreements | 6163-(79/96) | 196 | ||||
| Meaning of “net creditor position in the Fund” | 6008-(79/3) | 196 | ||||
| Report on use | 6445-(80/43) | 44 | ||||
| Repurchases; see Repurchases | ||||||
| Review of decision on establishment | 6693-(80/177) | 45 | ||||
| 6725-(81/5) | 45 | |||||
| Subsidy Account | ||||||
| Effect on subsidy cost of substituting supplementary financing for enlarged access resources | 7047-(82/13) | 74 | ||||
| Instrument | 6683-(80/185) | |||||
| G/TR | 362 | |||||
| Investment of currencies | 6854-(81/78) | |||||
| SBS | 369 | |||||
| 8184-(86/9) SBS | 369 | |||||
| Means of Payments | 8185-(86/9) | |||||
| SBS/S | 370 | |||||
| Subsidy payments, July 1, 1984-June 30, 1985 | 8037-(85/110) | |||||
| SBS | 371 | |||||
| Suspension of transfers and retransfer of surplus to Special Disbursement Account | 7989-(85/81) | |||||
| SBS | 369 | |||||
| Transferability of claims; see Transferability of claims | ||||||
| Utilization of supplementary financing facility for enlarged access resources | 7047-(82/13) | 72 | ||||
| 7048-(82/13) | 74 | |||||
| Surveillance over exchange rate policies | 5392-(77/63) | 9–14 | ||||
| 8248-(86/60) | 16 | |||||
| Enhanced surveillance; see Enhanced surveillance | ||||||
| Procedures; implementation of three-month period | 7427-(83/83) | 17–18 | ||||
| Review of procedures | 6026-(79/13) | 14–15 | ||||
| 7646-(84/40) | 16 | |||||
| 7939-(85/49) | 16 | |||||
| 8249-(86/60) | 17 | |||||
| Swiss National Bank: | ||||||
| Borrowing agreements with Fund | 5288-(76/167) | 172 | ||||
| 5387-(77/61) | 176 | |||||
| Transfer charges and interest, media of payment | 5306-(77/2) | 181 | ||||
| 5331-(77/15) | 180 | |||||
| 5488-(77/116) | 181 | |||||
| Use of special drawing rights to repay indebtedness | 6485-(80/77) S | 315 | ||||
| Participation in General Arrangements to Borrow | *1289-(62/1) | 159–60 | ||||
| Prescription as holder of special drawing rights | 6485-(80/77) S | 315 | ||||
| Transferability of claims under General Arrangements to Borrow | 7628-(84/25) | 165 | ||||
| Switzerland: | ||||||
| Association with General Arrangements to Borrow | 1712-(64/29) | 168 | ||||
| T | Technical assistance, Fund ready to meet requests in preparation of economic programs and measures for exchange simplification | 649-(57/33) | 295 | |||
| Tin Agreements, International; see Buffer stock financing facility | ||||||
| Trade, Voluntary Declaration | 4254-(74/75) | 298 | ||||
| B/G Res. 29–10 | 393 | |||||
| Tranche policies: | ||||||
| Application in connection with compensatory financing facility | 6224-(79/135) | 85 | ||||
| Application in connection with decision on enlarged access | 6783-(81/40) | 46, 49 | ||||
| Application in connection with supplementary financing facility | 5508-(77/127) | 39, 43 | ||||
| Exclusion of credit tranche purchases for purpose of definition of “reserve tranche purchase” | 6830-(81/65) | 340 | ||||
| Fund attitude to request for transactions within “first credit tranche” and beyond | ||||||
| Transferability of claims: | ||||||
| General Arrangements to Borrow | *1289-(62/1) | 155–56 | ||||
| 7628-(84/25) | 165 | |||||
| Saudi Arabia’s borrowing agreement | 7629-(84/25) | 166 | ||||
| Transitional provisions of Article XIV | 117–1 | 306 | ||||
| 1034-(60/27) | 281 | |||||
| Trust Fund: | ||||||
| Distribution of profits from sale of gold for benefit of developing countries | 5069-(76/72) | 344 | ||||
| 5709-(78/41) | ||||||
| TR | 355 | |||||
| 5832-(78/95) | ||||||
| TR | 355 | |||||
| 6540-(80/98) | ||||||
| TR | 359 | |||||
| Diversification of investments | 5972-(78/189) | 353 | ||||
| 5973-(78/189) | ||||||
| TR | 354 | |||||
| Eligible members, review of list | 5563-(77/150) | |||||
| TR | 352–53 | |||||
| Final payments of profits and loans for period July 1, 1976–June 30, 1978 | 5832-(78/95) | |||||
| TR | 355 | |||||
| Instrument | 5069-(76/72) | 344 | ||||
| Amendment | 5563-(77/150) | |||||
| TR | 352–53 | |||||
| 5972-(78/189) | 353 | |||||
| 6793-(81/45) | 362 | |||||
| Means of payment of interest | 6358-(79/188) | |||||
| TR | 357 | |||||
| Means of repayment by members on their indebtedness under loan agreements | 7142-(82/85) | |||||
| TR | 358 | |||||
| Overdue interest and special charges | 8165-(85/189) | |||||
| G/TR | 358–59 | |||||
| Repayment terms: | ||||||
| Final loan disbursement | 6793-(81/45) | 362 | ||||
| Second period: | ||||||
| Extension | 6466-(80/68) | |||||
| TR | 356 | |||||
| 6676-(80/168) | ||||||
| TR | 357 | |||||
| Extension of period for qualification | 6202-(79/121) | |||||
| TR | 356 | |||||
| Timing of loan disbursements | 6201-(79/121) | |||||
| TR | 355 | |||||
| Special charges on overdue interest | 8165-(85/189) | |||||
| G/TR | 358–59 | |||||
| Termination and transfer of resources to Special Disbursement Account | 6683-(80/185) | |||||
| G/TR | 363 | |||||
| 6704-(80/185) | ||||||
| TR | 360 | |||||
| U | Unenforceability; see Exchange contracts | |||||
| United Nations: | ||||||
| Agreement with International Monetary Fund | 439 | |||||
| Convention on the Privileges and Immunities of the Specialized Agencies | 446 | |||||
| Application to Fund | 464 | |||||
| List of members which have accepted with respect to Fund | 465 | |||||
| General Assembly Resolution entitled “Uniting for Peace,” due regard by Fund in conduct of its activities | B/G Res. 6–8 | 380 | ||||
| United States dollars: | ||||||
| Determination of value in terms of special drawing right pursuant to Rule O-2(a) | 6709-(80/189) S | 310 | ||||
| Inclusion in operational budgets | 6772-(81/35) | |||||
| G/S | 110 | |||||
| Use for payment of interest and other Fund liabilities | 5288-(76/167) | 176 | ||||
| 5306-(77/2) | 181 | |||||
| 5331-(77/15) | 180–81 | |||||
| 5387-(77/61) | 179 | |||||
| 5488-(77/116) | 181 | |||||
| 6358-(79/188) | ||||||
| TR | 357 | |||||
| *6863-(81/81) | 244 | |||||
| Use for repayment by members on their indebtedness under Trust Fund loan agreements | 7142-(82/85) | |||||
| TR | 358 | |||||
| Use in payments under oil facility Subsidy Account | 7420-(83/82) | 374 | ||||
| 7484-(83/117) | 374 | |||||
| Use in payments under supplementary financing facility Subsidy Account | 7754-(84/108) | |||||
| SBS | 370 | |||||
| Use of Fund’s resources (see also Borrowing by the Fund; Charges; Extended arrangements; Purchase transactions; Stand-by arrangements): | ||||||
| Application of same policy for stand-by arrangements as for requests for immediate drawings | *270-(53/95) | 60 | ||||
| Authority to use resources of Fund, interpretation of Articles of Agreement | 71–2 | 23 | ||||
| Buffer stock financing | *2772-(69/47) | 94 | ||||
| Buffer stock financing facility as applied to 1977 International Sugar Agreement | 5597-(77/171) | 99 | ||||
| Buffer stock financing facility as applied to International Tin Agreements: | ||||||
| 4th | 3179-(70/102) | 95 | ||||
| 3351-(71/51) | 96 | |||||
| 5th | 5127-(76/91) | 96 | ||||
| Capital transfers | 1238-(61/43) | 23 | ||||
| Compensatory financing of export fluctuations | *6224-(79/135) | 82 | ||||
| Compensatory financing of fluctuations in the cost of cereal imports | *6860-(81/81) | 88 | ||||
| Conditionality, guidelines | 6056-(79/38) | 26 | ||||
| Review | 8192-(86/13) | 37–38 | ||||
| “Consistent with the provisions of this Agreement” in Article V, Section 3, meaning | 287–3 | 23 | ||||
| Credit tranche policies; see Tranche policies | ||||||
| Enlarged access, policy on | *6783-(81/40) | 46 | ||||
| Extended Fund facility | *4377-(74/114) | 32 | ||||
| “First credit tranche” | 25 | |||||
| In accordance with purposes of Fund | 102-(52/11) | 24 | ||||
| Ineligibility: | ||||||
| Effect on purchases under extended arrangement | *6838-(81/70) | 69 | ||||
| Effect on purchases under stand-by arrangement | *270-(53/95) | 60 | ||||
| *6838-(81/70) | 65 | |||||
| Publicity upon declaration | 7999-(85/90) | 305 | ||||
| 7931-(85/41) | 305 | |||||
| Under Article V, Section 5 | 284–3 | 115 | ||||
| Under Article XXVI, Section 2(a) (Article XV, Section 2(a) before Second Amendment) | 343-(54/47) | 337 | ||||
| Interpretation of Articles of Agreement | 23,273 | |||||
| Limit on access to Fund resources, guideline | *7600-(84/3) | 50 | ||||
| Limitation under Article V, Section 5 | 284–3 | 115 | ||||
| 286–1 | 115 | |||||
| Monetary stabilization | 71–2 | 23 | ||||
| Postponement, limitation under Article V, Section 5 | 286–1 | 115 | ||||
| Reserve tranche purchases; see Reserve tranche purchases | ||||||
| Resumption of purchases under extended arrangement after decision of formal ineligibility or to consider such a request | *6838-(81/70) | 70 | ||||
| Resumption of purchases under stand-by arrangement after decision of formal ineligibility or to consider such a proposal | *270-(53/95) | 60 | ||||
| *6838-(81/70) | 65 | |||||
| Stand-by and extended arrangements, forms under enlarged access policy | *6838-(81/70) | 61 | ||||
| Suspension of exchange transactions, effect on General Arrangements to Borrow | *1289-(62/1) | 157 | ||||
| Suspension of transactions under extended arrangements | *6838-(81/70) | 69 | ||||
| Suspension of transactions under stand-by arrangements | *270-(53/95) | 60 | ||||
| *6838-(81/70) | 64 | |||||
| Temporary assistance in financing balance of payments deficits | 71–2 | 23 | ||||
| Tranche policies; see Tranche policies | ||||||
| Waiver of condition of Article V, Section 3(b)(iii); see Waiver of condition | ||||||
| Waiver of 200 percent of quota limit | *2772-(69/47) | 94 | ||||
| 6224-(79/135) | 85 | |||||
| *6860-(81/81) | 93 | |||||
| V | Voluntary Declaration on Trade and Other Current Account Measures | 4254-(74/75) | 298 | |||
| B/G Res. 29–10 | 393 | |||||
| Voting power, elected Executive Directors, effect of chage in quota | 180–5 | 304 | ||||
| W | Waiver of condition of Article V, Section 3(b)(iii) | *4377-(74/114) | 34 | |||
| 5508-(77/127) | 43 | |||||
| 6783-(81/40) | 49 | |||||
| World Economic Outlook, framework for discussions of international adjustment process | 5392-(77/63) | 13 | ||||
1
References are to the Articles of Agreement after the Second Amendment, which entered into force April 1, 1978. References to Articles in effect before the Second Amendment are indexed under their corresponding Articles after the Second Amendment.