Europe > Montenegro
Abstract
This paper discusses the Second Amendment of the IMF’s Articles of Agreement. The drafting of the Second Amendment of the Articles of Agreement was a more prolonged and more complicated task than the preparation of the First Amendment. One characteristic of the Second Amendment is the transformation into law, by incorporation in the Articles, of policies that the IMF had adopted over the years. The provisions of the Second Amendment that deal with repurchase obligations, the selection of currencies for use in purchases and repurchases, and stand-by arrangements are among the many examples that are sometimes referred to as constituting the modernization of the IMF.
Abstract
Last issued in 1992, this new release of the IMF's Articles of Agreement for 2011 includes changes to the Articles resulting from the adoption of the Fourth Amendment on August 10, 2009, as well as the Fifth and Sixth Amendments, which entered into force on February 18, 2011 and March 3, 2011, respectively.
Abstract
Last issued in 1992, this new release of the IMF's Articles of Agreement for 2011 includes changes to the Articles resulting from the adoption of the Fourth Amendment on August 10, 2009, as well as the Fifth and Sixth Amendments, which entered into force on February 18, 2011 and March 3, 2011, respectively.
Abstract
Esta nueva versión de 2011 del Convenio Constitutivo del FMI incluye cambios con respecto a la versión anterior, de 1992, que reflejan la adopción de la cuarta enmienda el 10 de agosto de 2009, así como la quinta y sexta enmiendas, que entraron en vigor el 18 de febrero de 2011 y el 3 de marzo de 2011, respectivamente.
Abstract
Par rapport à la dernière version publiée en 1992, la version 2011 des Statuts du Fonds monétaire international inclut les modifications apportées aux articles par l'adoption des quatrième, cinquième et sixième amendements, qui sont respectivement entrés en vigueur le 10 août 2009, le 18 février 2011 et le 3 mars 2011.