Abstract

SUPPLEMENT SELECTED DECISIONS

Frontmatter Page

SUPPLEMENT SELECTED DECISIONS

and Selected Documents of-the International Monetary Fund.

November 30, 2019

40TH

ISSUE

SUPPLEMENT

Title Page

SUPPLEMENT

SELECTED DECISIONS

and Selected Documents of the International Monetary Fund

40th Issue

November 30, 2019

Copyright

© 2020 International Monetary Fund

Cataloging-in-Publication Data IMF Library

Names: International Monetary Fund, publisher.

Title: Supplement : selected decisions and selected documents of the International Monetary Fund.

Description: Washington, DC : International Monetary Fund, 1962– | Annual. | Began in 1962. | Includes bibliographical references.

Identifiers: ISSN 1087-4275 (paper)

Subjects: LCSH: International Monetary Fund—Periodicals. | International finance—Periodicals.

Classification: LCC HG3881.5.I58 I592

ISBN-13: 978-1-51353-932-5 (paper)

ISBN-13: 978-1-51353-854-9 (web PDF)

Preface

The Fund’s Legal Department has produced this Supplement to Selected Decisions and Selected Documents of the IMF, 40th Issue, with the aim of making available in convenient form selected policy decisions and documents issued after the publication of the 40th Issue but before the issuance of the forthcoming 41st Issue. The Supplement will be published in PDF format on the external website of the Fund (www.imf.org).

In this Supplement, stand-alone policy decisions and documents are reproduced in full. In the case of decisions amending other decisions, amendments generally are incorporated in the amended decisions. However, where a relatively short amendment pertains to a relatively long document, the amending decision is included as a stand-alone document. The order of documents in the Supplement follows the order of the Articles in the Fund’s Articles of Agreement.

Rhoda Weeks-Brown

The General Counsel Director of the Legal Department

Contents

  • PREFACE

  • ARTICLE V, SECTION 2(b)

    • Technical Services

      • Policy Support and Policy Coordination Instruments

    • Policy Support Instrument—Framework

    • Financial Services

      • Poverty Reduction and Growth Trust

    • Poverty Reduction and Growth Trust

    • The Acting Chair’s Summing Up—2018–19 Review of Facilities for Low-Income Countries—Reform Proposals; Review of the Financing of the Fund’s Concessional Assistance and Debt Relief to Low-Income Countries, Executive Board Meeting 19/42, May 24, 2019

    • The Acting Chair’s Summing Up—Poverty Reduction and Growth Trust—Review of Interest Rate Structure, Executive Board Meeting 19/42, May 24, 2019

    • The Chairman’s Summing Up—Building Resilience in Developing Countries Vulnerable to Large Natural Disasters, Executive Board Meeting 19/33, May 1, 2019

    • Partial Distribution of the General Reserve Attributed to Windfall Gold Sale Profits

  • ARTICLE V, SECTION 3(a), (b), AND (c)

    • Use of Fund Resources

      • Conditionality

    • The Chairman’s Summing Up—2018 Review of Program Design and Conditionality, Executive Board Meeting 19/35, May 3, 2019

    • Credit Tranche Policies and Facilities

    • The Fund’s Financing Role—Reform Proposals on Liquidity and Emergency Assistance—Rapid Financing instrument (RFI)

  • ARTICLE VII

    • Borrowing

    • 2016 Borrowing Agreements—One-Year Extension of Terms

  • ARTICLE VIII AND ARTICLE XIV

    • Multiple Currency Practices

    • The Acting Chair’s Summing Up—Review of the Fund’s Policy on Multiple Currency Practices—Initial Considerations, Executive Board Meeting 19/8, February 2, 2019

  • ARTICLE XII, SECTION 6

    • Reserves, Distribution of Net Income, and Investment

    • The Investment Account—Introducing Private Fixed Income in the Endowment Subaccount

  • ARTICLE XII, SECTION 7

    • Publication of Reports

    • 2018–19 Review of the Fund’s Transparency Policy

    • Web Posting of PRS Papers

  • Collapse
  • Expand