APPENDIX VII. Funds Statement On The Canadian Government’s Proposed Gold Production Subsidy Communicated To All Members

International Monetary Fund
Published Date:
September 1948
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(Press Release of December 11, 1947)

The Canadian Government has consulted with the Fund regarding its proposed gold production subsidy and has today made an announcement on this subject. The Fund has examined the present Canadian proposal in the light of its own general statement of policy published today. The Fund has determined that in the present circumstances the proposed Canadian action is not inconsistent with the policy stated by the Fund.

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