Letter of Transmittal to the Board of Governors
August 2, 2021
Dear Mr. Chairman:
I have the honor to present to the Board of Governors the Annual Report of the Executive Board for the financial year ended April 30, 2021, in accordance with Article XII, Section 7(a), of the Articles of Agreement of the International Monetary Fund and Section 10 of the IMF’s By-Laws. In accordance with Section 20 of the By-Laws, the administrative and capital budgets of the IMF approved by the Executive Board for the financial year ending April 30, 2022, are presented on the Annual Report website. The audited financial statements for the year ended April 30, 2021, of the General Department, the SDR Department, and the accounts administered by the IMF, together with reports of the external audit firm thereon, are presented in Appendix VI, as well as at www.imf.org/AR2021. The external audit process was overseen by the External Audit Committee comprising Ms. Lopez (Chair), Mr. Hage, and Mr. Ethevenin as required under Section 20(c) of the IMF’s By-Laws.
Yours truly,
Kristalina Georgieva
Managing Director and Chair of the Executive Board
