Chapter

Appendix I: The Fund in 1978/79

Author(s):
International Monetary Fund
Published Date:
September 1979
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The tables in this appendix supplement the information given in Chapter 3 on the activities of the Fund during the financial year ended April 30, 1979. In some tables in this appendix, however, data covering longer periods are included, viz., Table I.1 on exchange rates and exchange arrangements, Table I.14 setting out the charges on the use of the Fund’s resources, Table I.15 on the distribution of profits from gold sales, Table I.16 on Trust Fund loans, and Table I.18 on increases in quotas.

Table I.1.Exchange Rates and Exchange Arrangements, June 30, 1979(Currency units per unit listed)
Exchange Rate Maintained Against
Other cur-
OtherSpecialCurrency com-rencies in aExchange Rate
U.S.PoundFrenchsingledrawingposite othercooperativeOtherwise
MemberCurrencydollar 1sterling 1franc 1currency 1right 1than SDR 2arrangement 2,3Determined 2,4
AfghanistanAfghani43.50
Algeria 5dinar3.8625
Argentinapeso1,316.50
Australiadollar0.891981
Austriaschilling13.5825
Bahamas 5dollar1.00
Bahraindinar0.38585
Bangladesh 5taka33.00
Barbadosdollar2.00
Belgium 5franc29.615
Beninfranc50.00
Boliviapeso20.00
Botswanapula0.828157
Brazil 5cruzeiro25.515 6
Burmakyat8.508476.590
Burundifranc90.00
Cameroonfranc50.00
Canadadollar1.1678
Cape Verdeescudo37.49531
Central African Empirefranc50.00
Chadfranc50.00
Chilepeso36.89
Chinanew Taiwan
dollar36.00
Colombia 5peso42.71 6
Comorosfranc50.00
Congofranc50.00
Costa Rica 5colón8.57
Cypruspound0.352734
Denmarkkrone5.31
Djiboutifranc117.721
Dominica 5East Caribbean
dollar2.70
Dominican Republic 5peso1.00
Ecuador 5sucre25.00
Egypt 5pound0.70
El Salvadorcolón2.50
Equatorial Guinea 5ekuele90.0069.71
Ethiopia 5birr2.07
Fijidollar0.82939
Finlandmarkka3.897
Francefranc4.285
Gabonfranc50.00
Gambia, Thedalasi4.00
Germany, Federal
Republic ofdeutsche mark1.8482
Ghana 5cedi2.75
Greecedrachma36.825
Grenada 5East Caribbean
dollar2.70
Guatemalaquetzal1.00
Guineasyli24.685319.1196
Guinea-Bissaupeso44.0034.08
Guyanadollar2.55
Haitigourde5.00
Honduraslempira2.00
Iceland 5króna344.00
Indiarupee8.001291
Indonesiarupiah625.00
Iran 5rial70.475
Iraqdinar0.295314
Ireland 5pound0.489956
Israelpound25.2451
Italy 5lira832.75
Ivory Coastfranc50.00
Jamaicadollar1.78142
Japanyen217.00
Jordandinar0.3870.299745
Kampuchea, Democratic 7
Kenyashilling9.667.482
Koreawon485.00
Kuwaitdinar0.27586
Lao People’s Democratickip of
Republicliberation400.00
Lebanonpound3.245
Lesothorand1.00 8
Liberiadollar1.00
Libyadinar0.296053
Luxembourg 5franc29.615
Madagascarfranc50.00
Malawikwacha1.054070.816414
Malaysiaringgit2.1766
Maldives 5rupee3.93
Malifranc100.00
Maltapound0.357398
Mauritaniaouguiya45.87
Mauritius 5rupee7.7137595.97458
Mexicopeso22.84
Morocco 5dirham3.90405
Nepal 5rupee12.00
Netherlandsguilder2.03
New Zealanddollar0.988826
Nicaragua 5córdoba10.00
Nigerfranc50.00
Nigerianaira0.641026
Norwaykrone5.098
Omanrial Omani0.3454
Pakistanrupee9.90
Panamabalboa1.00
Papua New Guineakina0.710289
Paraguay 5guaraní126.00
Peru 5sol225.18 6
Philippinespeso7.35
Portugalescudo49.043 6
Qatarrival3.7435
Romania 5leu12.00
Rwandafranc92.84
São Tomé and Principedobra45.2535.0477
Saudi Arabiariyal3.375
Senegalfranc50.00
Seychellesrupee13.3333
Sierra Leoneleone1.366931.05874
Singaporedollar2.1745
Solomon Islandsdollar0.95238 9
Somalia 5shilling6.2950
South Africa 5rand0.847458
Spainpeseta66.008
Sri Lankarupee15.625
Sudan 5pound0.40
Surinameguilder1.785
Swazilandlilangeni1.00 8
Swedenkrona4.2797
Syrian Arab Republicpound3.925
Tanzaniashilling8.24489
Thailandbaht20.425
Togofranc50.00
Trinidad and Tobagodollar2.40
Tunisiadinar0.408725
Turkey 5lira35.35
Ugandashilling9.667.482
United Arab Emiratesdirham3.80
United Kingdom 5pound0.46117
United Statesdollar1.00
Upper Voltafranc50.00
Uruguay 5new peso7.918
Venezuela 5bolívar4.2925
Viet Nam 5dong2.663582.06304
Western Samoa 5tala0.8884
Yemen Arab Republicrial4.5625
Yemen, People’s Demo-
cratic Republic ofdinar0.345395
Yugoslaviadinar19.0978
Zaïre 5Zaïre1.54777
Zambia 5Kwacha0.9763110.756187

Rates as notified to the Fund and in terms of currency units per unit listed.

Market rates in currency units per U.S. dollar.

Belgium, Denmark, France, the Federal Republic of Germany, Ireland, Italy, Luxembourg, and the Netherlands are participating in the European Monetary System and maintain maximum margins of 2.25 per cent (in the case of the Italian lira, 6 per cent) for exchange rates in transactions in the official markets between their currencies and those of the other countries in this group. No announced margins are observed for other countries.

Under this heading are listed those members that describe their exchange rate arrangements variously as floating independently, adjusting according to a set of indicators (see footnote 6), and certain other members whose exchange arrangements are not otherwise described in this table. In addition, U.S. dollar quotations are given for the currencies that are pegged to the SDR.

Member maintains multiple currency practices and/or dual exchange market. A description of the member’s exchange system as of December 31, 1978 is given in the Annual Report on Exchange Arrangements and Exchange Restrictions, 1979.

Exchange rates adjusted according to a set of indicators.

Information not available.

Per South African rand.

Per Australian dollar.

Rates as notified to the Fund and in terms of currency units per unit listed.

Market rates in currency units per U.S. dollar.

Belgium, Denmark, France, the Federal Republic of Germany, Ireland, Italy, Luxembourg, and the Netherlands are participating in the European Monetary System and maintain maximum margins of 2.25 per cent (in the case of the Italian lira, 6 per cent) for exchange rates in transactions in the official markets between their currencies and those of the other countries in this group. No announced margins are observed for other countries.

Under this heading are listed those members that describe their exchange rate arrangements variously as floating independently, adjusting according to a set of indicators (see footnote 6), and certain other members whose exchange arrangements are not otherwise described in this table. In addition, U.S. dollar quotations are given for the currencies that are pegged to the SDR.

Member maintains multiple currency practices and/or dual exchange market. A description of the member’s exchange system as of December 31, 1978 is given in the Annual Report on Exchange Arrangements and Exchange Restrictions, 1979.

Exchange rates adjusted according to a set of indicators.

Information not available.

Per South African rand.

Per Australian dollar.

Table I.2.Allocation of Special Drawing Rights, January 1, 1979
ParticipantSDRs
Afghanistan4,680,000
Algeria29,640,000
Argentina55,640,000
Australia82,160,000
Austria34,320,000
Bahamas3,432,000
Bahrain2,080,000
Bangladesh15,808,000
Barbados1,768,000
Belgium92,560,000
Benin1,664,000
Bolivia4,680,000
Botswana936,000
Brazil69,160,000
Burma7,592,000
Burundi2,392,000
Cameroon4,680,000
Canada141,128,000
Cape Verde208,000
Central African Empire1,664,000
Chad1,664,000
Chile22,568,000
China57,200,000
Colombia20,072,000
Comoros239,200
Congo1,768,000
Costa Rica4,264,000
Cyprus3,536,000
Denmark32,240,000
Djibouti395,200
Dominica197,600
Dominican Republic5,720,000
Ecuador7,280,000
Egypt23,712,000
El Salvador4,472,000
Equatorial Guinea1,040,000
Ethiopia3,744,000
Fiji1,872,000
Finland27,248,000
France199,576,000
Gabon3,120,000
Gambia, The936,000
Germany, Fed. Rep. of224,224,000
Ghana11,024,000
Greece19,240,000
Grenada312,000
Guatemala5,304,000
Guinea3,120,000
Guinea-Bissau405,600
Guyana2,600,000
Haiti2,392,000
Honduras3,536,000
Iceland3,016,000
India119,080,000
Indonesia49,920,000
Iran68,640,000
Iraq14,664,000
Ireland16,120,000
Israel21,320,000
Italy128,960,000
Ivory Coast7,904,000
Jamaica7,696,000
Japan172,536,000
Jordan3,120,000
Kampuchea, Democratic2,600,000
Kenya7,176,000
Korea16,640,000
Lao People’s Democratic Republic1,664,000
Lebanon1,248,000
Lesotho728,000
Liberia3,848,000
Libya19,240,000
Luxembourg3,224,000
Madagascar3,536,000
Malawi1,976,000
Malaysia26,312,000
Maldives93,600
Mali2,808,000
Malta2,080,000
Mauritania1,768,000
Mauritius2,808,000
Mexico55,640,000
Morocco15,600,000
Nepal1,976,000
Netherlands98,592,000
New Zealand24,128,000
Nicaragua3,536,000
Niger1,664,000
Nigeria37,440,000
Norway30,680,000
Oman2,080,000
Pakistan29,640,000
Panama4,680,000
Papua New Guinea3,120,000
Paraguay2,392,000
Peru17,056,000
Philippines21,840,000
Portugal17,888,000
Qatar4,160,000
Romania25,480,000
Rwanda2,392,000
São Tomé and Principe208,000
Saudi Arabia62,400,000
Senegal4,368,000
Seychelles135,200
Sierra Leone3,224,000
Singapore5,096,000
Solomon Islands218,400
Somalia2,392,000
South Africa44,096,000
Spain57,928,000
Sri Lanka12,376,000
Sudan9,152,000
Suriname2,600,000
Swaziland1,248,000
Sweden46,800,000
Syrian Arab Republic6,552,000
Tanzania5,720,000
Thailand18,824,000
Togo1,976,000
Trinidad and Tobago8,528,000
Tunisia6,552,000
Turkey20,800,000
Uganda5,200,000
United Arab Emirates12,480,000
United Kingdom304,200,000
United States874,120,000
Upper Volta1,664,000
Uruguay8,736,000
Venezuela68,640,000
Viet Nam9,360,000
Western Samoa312,000
Yemen Arab Republic1,352,000
Yemen, People’s Democratic Republic of4,264,000
Yugoslavia28,808,000
Zaïre15,808,000
Zambia14,664,000
Total4,032,724,800
Table I.3.Transfers of Special Drawing Rights, January 1, 1970-April 30, 1979(In millions of SDRs)
Financial Years Ended April 30Total
Jan. 1, 1970-

Apr. 30, 1970
197119721973197419751976197719781979Jan. 1, 1970-

Apr. 30, 1979
Transfers between
participants
Transactions with
designation155348267117604402921193981,0803,275
Transactions by
agreement202863803039962491763179271,5335,187
1756336474201,0566884684361,3252,6138,462
General Resources
Account
Transfers from
participants
Repurchases (net)183357501682924440738445023,021
Charges (net)2966303029923547098017152,854
Quota payments20119220
Assessments111111211211
Interest received on
General Resources
Account holdings471082121234057192
213429540108671388178051,8871,2956,298
Transfers to
participants
Purchases29274443256621,1062,540
Reconstitution 146107157117404445474751,826
Replenishment of
participants’
currencies12321145
Remuneration181522061024122136354
Distribution of
net income9817
Restoration of
participants’
holdings 22929
Interest, transfer
charges on
Fund borrowings8291249
Other1346447
1511204011851278654951,2871,3755,007
Total transfers3881,2131,3079291,3089532,1501,7364,4995,28319,767
General Resources
Account holdings at
end of period2134909106174995104617711,3711,2901,290

Including amounts acquired as part of purchases.

To offset the effect of failure to fulfill the requirement of balance of payments need when using SDRs in transactions with designation.

To enable participants to pay assessments and net charges in the Special Drawing Rights Department.

Repayments of Fund borrowings (SDR 38 million) and transfers to enable participants to pay charges in the General Resources Account (SDR 8 million).

Including amounts acquired as part of purchases.

To offset the effect of failure to fulfill the requirement of balance of payments need when using SDRs in transactions with designation.

To enable participants to pay assessments and net charges in the Special Drawing Rights Department.

Repayments of Fund borrowings (SDR 38 million) and transfers to enable participants to pay charges in the General Resources Account (SDR 8 million).

Table I.4.Summary of Transactions and Operations in Special Drawing Rights, Financial Year Ended April 30, 1979(In thousands of SDRs)
Transactions and OperationsPositions at April 30, 1979
With other participantsHoldings as
ReceivedWith the GeneralInterest,

Charges, and
Netpercent

of net
Holdings onAllocation asThroughResources AccountAssessmentcumulativecumulative
HoldersApril 30, 1978of Jan. 1, 1979designationBy agreementUsedReceivedUsed(Net)Holdingsallocationsallocations
PARTICIPANTS
Afghanistan5,3774,6801,0001-33110,72517,43361.5
Algeria46,35429,6401+27076,26569,930109.1
Argentina107,36655,64023,50041,1583,420-45224,199208,160107.7
Australia107,03782,16011,503-5,827171,867307,80555.8
Austria97,26934,3206,5005,823+ 1,317145,229111,065130.8
Bahamas3,4323,4323,432100.0
Bahrain2,08082+32,1652,080104.1
Bangladesh1,13415,8087,60011,412-313,12715,80883.0
Barbados2,6841,768267-124,1734,53792.0
Belgium414,13592,560+9,369516,065301,906170.9
Benin4,4441,664-16,1076,11399.9
Bolivia6,4004,6808,000453+818,63517,433106.9
Botswana1,5679362,5032,50599.9
Brazil173,95869,16025,3001,835+ 1,462271,715221,680122.6
Burma7,6587,59211,50022,55618,317-7537,23728,43625.4
Burundi3,6722,3926871,219-1635,3708,95959.9
Cameroon4,3634,6802,1195,496-3655,30215,19334.9
Canada399,665141,1282,00047,8668,122+ 1,557504,606499,748101.0
Cape Verde208208208100.0
Central African Empire1,7891,664942-1412,3706,02939.3
Chad1,5521,6642651,242-1412,0986,11334.3
Chile59,63922,5686,50015070,738-1,29016,83077,22221.8
China57,200-757,19357,200100.0
Colombia27,48020,07214,0001,270-85461,96874,51383.2
Comoros239239239100.0
Congo1,5541,7681521,687-1441,6436,21726.4
Costa Rica4,7324,2642,728-3605,90815,28038.7
Cyprus3,6993,5369,9002,644-14914,34212,434115.3
Denmark97,55232,2403,000359+719133,870115,004116.4
Djibouti395395395100.0
Dominica198198198100.0
Dominican Republic4,9415,72017,51018,6171,904-4629,40220,25546.4
Ecuador10,1157,280500-3817,85718,50996.5
Egypt18,99323,71260,00060,17422,855-2,68117,34388,95619.5
El Salvador7,6304,4721,000206-19012,70616,12778.8
Equatorial Guinea1,7011,040238-492,4553,75265.4
Ethiopia3,7447,3357,35713,7653,744100.6
Fiji1,2291,87225013270-63,0883,25095.0
Finland37,60227,2488,30330,00013,652-75388,74888,718100.0
France224,422199,576113,18112,763-9,540540,402684,55678.9
Gabon4,6053,12010,02810,051128-127,6087,91196.2
Gambia, The7689364,7507,0363,007-569273,26728.4
Germany, Fed. Rep. of823,603224,22439,550702,225192,91118,759+25,5031,640,953766,624214.0
Ghana10,29611,0241,17744,63144,7112,892-96418,72141,14745.5
Greece15,83919,2407,17918,541-1,58422,13365,43433.8
Grenada231216258-27131222.7
Guatemala11,4795,304124-1416,89217,17298.4
Guinea1,7533,1203,402-3621,10911,4249.7
Guinea-Bissau4062,1761,9006-611840629.1
Guyana2,3832,6008,87512,2091,203-1876,9279,38073.8
Haiti2,7822,3921,500624-1285,9228,95966.1
Honduras3,2503,53697523320-2407,22412,05359.9
Iceland5,5713,016987,014-2571,41410,43513.6
India172,614119,08088,5756,126-5,019369,124445,30082.9
Indonesia19,96449,92032,58511,88627-1,845112,483140,07680.3
Iran72,94368,64022,635695+ 1,280166,193130,536127.3
Iraq34,53314,66417,95726+96268,14237,881179.9
Ireland45,77216,1204,0001,302+42667,62055,333122.2
Israel24,64021,32062,00053,00059,40097,033-1,04916,27864,13025.4
Italy208,355128,960122,27692,593-5,090361,909446,96081.0
Ivory Coast8,0777,904740-31514,92622,17267.3
Jamaica7,6067,6961,10070,15065,9259,502-7161,95925,3697.7
Japan498,222172,53629,800500,00025,444+ 19,8861,245,888549,936226.6
Jordan7,3613,12011-1210,45810,70797.7
Kampuchea, Democratic2,600-6961,90411,11717.1
Kenya13,4537,1762,37523,90523,9485,857-20416,98722,77674.6
Korea9,53116,64020,5604,88918,405-41932,79738,87084.4
Lao People’s
Democratic Republic1,3511,6644,0004,000869-1611,9856,11332.5
Lebanon1,2481,2481,248100.0
Lesotho414728-531,0892,29747.4
Liberia3,1033,8489,2509,50870-2886,85113,38551.2
Libya19,240-219,23819,240100.0
Luxembourg7,4473,224136+ 1010,81610,569102.3
Madagascar5,7843,5364,0002,734-3610,55012,26686.0
Malawi3,6931,976507-815,0827,06172.0
Malaysia28,32626,31217,2781514-1,04971,01486,93081.7
Maldives949494100.0
Mali2,3862,8083,200858838-2901,72310,35016.6
Malta5,5072,080315+337,9347,168110.7
Mauritania6481,768764971-1792,0306,21732.6
Mauritius1,9972,80810,4707,990552-3101,46210,18214.4
Mexico43,12755,6409,15250,00014,893-3,304139,722179,81077.7
Morocco8,32915,6004,33534,40040,0007,967-1,27824,61954,78944.9
Nepal1,3721,9764,5004,5001,285-472,0174,19148.1
Netherlands433,92598,59211,510189,989+3,168357,206335,052106.6
New Zealand38,38224,12813,00013,00048,860-1,51538,13493,53040.8
Nicaragua4,5583,5365,7575,757256-2117,62712,47961.1
Niger4,3811,664-46,0416,11398.8
Nigeria66,46237,440336+965105,20482,995126.8
Norway93,41630,6802,0002,978+929130,003107,000121.5
Oman7412,0802,8212,822100.0
Pakistan19,80829,64030,12464426,415-2,68051,121111,27945.9
Panama3,8714,6801,0001,1134,745-4135,50617,05232.3
Papua New Guinea8013,1205,500636,137+203,3053,120105.9
Paraguay6,5772,39263+29,0348,959100.8
Peru3,90217,0566,306110,550105,77112,336-1,8878,26257,53514.4
Philippines11,71421,84084,076104,01324,968-1,92126,60173,33536.3
Portugal19017,88810,776-767,22617,88840.4
Qatar4,160-14,1594,160100.0
Romania3,70525,48071,31077,63323,647-7511,78625,48046.3
PARTICIPANTS
Rwanda3,2062,3921841,000-1924,5908,95951.2
São Tomé and Principe208208208100.0
Saudi Arabia62,400-862,39262,400100.0
Senegal2,1654,36814,85025,0163,274-19913,22615,81083.7
Seychelles135135135100.0
Sierra Leone7613,2246323,359-36889011,0698.0
Singapore5,096-15,0955,096100.0
Solomon Islands2189811,050220-16621830.2
Somalia4,0972,3921-1156,3738,95971.1
South Africa32,92044,09620,00057,881-2,99136,144133,01627.2
Spain123,81357,92822,49944,350-1,136158,754184,06386.3
Sri Lanka15,05912,37653,00073,19514,762-53932,33046,35469.7
Sudan8689,1521,20024,35227,24212,910-1,1307034,0640.2
Suriname2,6002,6002,600100.0
Swaziland8091,248150-822,1253,96053.7
Sweden107,04246,80010,000+ 175164,016153,825106.6
Syrian Arab Republic5,9926,5521-51012,03223,58651.0
Tanzania4,7555,7201,0003,9008,8245,7644,935-4206,96120,04234.7
Thailand30,15418,824107,749107,8635,513-7943,49947,36691.8
Togo4,6721,976282-326,3347,06189.7
Trinidad and Tobago11,8688,5287,92572-20928,18429,33996.1
Tunisia9,2386,552993-28314,51421,26568.3
Turkey16,21720,80016,03162,84940,20727,691-2,6298671,1070.1
Uganda6,4195,2003,3106,060-3488,52119,09644.6
United Arab Emirates12,480-212,47812,480100.0
United Kingdom500,720304,200334,650361,541-24,595753,4331,310,52057.5
United States2,176,871874,12045,7501,100,00075,875-27,8032,044,8133,168,10064.5
Upper Volta4,4231,664-26,0856,11399.5
Uruguay8,5578,7365,7501,6303,609-60020,46532,67362.6
Venezuela147,54968,6407,30029,023+2,469254,981180,930140.9
Viet Nam3,2659,3604,5002,198-64914,27929,11849.0
Western Samoa363122,5372,374121-12525249.9
Yemen Arab Republic2,1281,3521,00092+384,6103,482132.4
Yemen, People’s Democratic
Republic of3,3744,2647505662.287-3226,34414,13744.9
Yugoslavia7,78328,80819,75017,50033,346-2,58637,90998,09938.6
Zaïre71015,80811,94412,88712,279-1,7113,47154,9976.3
Zambia9,54114,664143,750141,37511,406-7869,63839,25224.6
Total Participants7,944,0454,032,7251,079,9491,533,0262,612,9741,377,7211,237,728-59,11212,057,65113,347,560
GENERAL RESOURCES ACCOUNT1,371,0801,237,7281,377,721+58,8221,289,909
Total9,315,1264,032,7251,079,9491,533,0262,612,9742,615,4492,615,449-290 113,347,56013,347,560

Reflects settlement of unpaid charges by Democratic Kampuchea. (See Balance Sheet of the Special Drawing Rights Department as at April 30, 1979, Note 2, reproduced in Appendix VIII.)

Reflects settlement of unpaid charges by Democratic Kampuchea. (See Balance Sheet of the Special Drawing Rights Department as at April 30, 1979, Note 2, reproduced in Appendix VIII.)

Table I.5.Currencies Transferred for Special Drawing Rights, January 1, 1970-April 30, 1979(In millions of SDRs)
Financial Years Ended April 30Total
Jan.1,1970-

Apr.30,1970
197119721973197419751976197719781979Jan.1,1970-

Apr. 30, 1979
Transactions with designation
Belgian francs
Provided directly
to participants1.01.0
Deutsche mark
Exchanged for U.S. dollars3.02.02.010.017.0
French francs
Provided directly
to participants3.522.319.025.570.4
Exchanged for deutsche mark12.612.6
Exchanged for pounds sterling8.08.0
Exchanged for U.S. dollars14.021.0104.080.516.05.075.0315.3
25.543.3104.080.535.05.0113.2406.4
Italian lire
Provided directly
to participants4.04.0
Mexican pesos
Exchanged for U.S. dollars1.01.0
Pounds sterling
Provided directly
to participants27.456.359.91.541.2186.3
Exchanged for French francs6.71.38.0
Exchanged for U.S. dollars45.853.45.43.01.04.019.3131.9
79.9111.065.33.01.04.020.841.2326.2
U.S. dollars
Provided directly
to participants148.9227.1112.551.254.1321.1207.261.0383.1881.82,447.9
Exchanged for deutsche mark37.537.5
Exchanged for French francs5.13.68.6
Exchanged for Japanese yen6.36.3
Exchanged for pounds sterling7.511.519.0
154.0238.2112.551.254.1332.6207.261.0383.1925.62,519.4
Total155.0347.6266.8116.660.1440.6291.7118.8398.11,079.93,275.0
Transactions without designation
Australian dollars1.01.0
Belgian francs37.056.567.9165.9327.4
Danish kroner5.063.368.2
Deutsche mark100.5123.530.429.4110.5740.51,134.7
French francs588.578.32.7669.6
Japanese yen500.0500.0
Netherlands guilders11.7264.95.2281.8
Pounds sterling20.025.0291.8336.8
U.S. dollars285.5355.0119.0815.9292.51,867.9
Total20.0285.5380.0303.5995.9248.5176.6317.1927.41,533.05,187.5
Table I.6.Purchases of Currencies and Special Drawing Rights from the Fund, Financial Year Ended April 30, 1979(In millions of SDRs)
Within Credit TranchesUnder Decision onPurchases of
WithinUnderCom-ExtendedSpecial
MemberReservestand-bypensatoryBufferFunddrawingTotal
PurchasingTranchearrangementsOther 1financingstockfacilityCurrenciesrightsPurchases
Bolivia15.007.008.0015.00
Burma22.5022.5022.50
China29.8629.8629.86
Cyprus9.909.909.90
Dominican Republic6.0011.5117.5117.51
Egypt75.0015.0060.0075.00
Ethiopia7.347.347.34
Gabon2.537.5010.0310.03
Gambia, The2.534.507.037.03
Ghana12.6332.0044.6344.63
Guinea-Bissau0.801.101.901.90
Guyana6.258.753.0012.0015.00
Israel72.4013.0059.4072.40
Jamaica15.7570.0020.0065.7585.75
Kenya6.6617.2523.9123.91
Lao People’s
Democratic Republic4.004.004.00
Liberia9.259.259.25
Mauritius7.977.977.97
Morocco56.0016.0040.0056.00
Nepal9.505.004.509.50
Netherlands99.9799.9799.97
Nicaragua6.761.005.766.76
Peru44.0061.50105.50105.50
Philippines36.0857.007.0086.0893.08
Romania39.1341.259.0071.3880.38
Senegal21.0021.0021.00
Solomon Islands1.051.051.05
Sri Lanka38.0040.005.0073.0078.00
Sudan21.0021.3017.0025.3042.30
Swaziland0.150.150.15
Tanzania5.765.765.76
Thailand32.5045.2568.7538.75107.75146.50
Turkey40.001.001.0040.0041.00
United States2,275.082,275.082,275.08
Viet Nam22.5018.004.5022.50
Western Samoa0.360.731.252.342.34
Zambia125.0048.7533.00140.75173.75
Total2,480.40437.3547.50464.7547.59242.002,613.661,105.923,719.58

In accordance with Executive Board Decision No. 102-(52/11), adopted February 13, 1952. (See Selected Decisions of the International Monetary Fund and Selected Documents (Eighth Issue, Washington, 1976), pages 37-40.)

In accordance with Executive Board Decision No. 102-(52/11), adopted February 13, 1952. (See Selected Decisions of the International Monetary Fund and Selected Documents (Eighth Issue, Washington, 1976), pages 37-40.)

Table I.7.Repurchases of Currencies from the Fund, Financial Year Ended April 30, 1979(In millions of SDRs)
Of Which
Repurchases in Respect ofRepurchases underRepurchases in
PurchasesPurchasesArticle V, Section 1(b)accordance with
Memberunderin theAdvancein effect before theguidelines for
Repurchasingoil facilitytranchesOtherTotalrepurchasesSecond Amendmentearly repurchases
Afghanistan11
Argentina145.842.7188.5188.5
Bahamas111
Bangladesh16.112.328.4
Burma7.215.022.2
Burundi1.21.21.2
Cameroon1.63.45.1
Central African Empire1.00.31.3
Chad0.61.42.0
Chile80.480.41.214.257.5
China29.929.9
Congo1.11.11.1
Costa Rica12.412.410.7
Cyprus6.03.69.65.53.6
Dominican Republic10.710.7
Ecuador8.318.38.3
Egypt24.05.029.0
Equatorial Guinea0.20.2
Finland57.847.5105.357.8
Gambia, The3.53.53.5
Ghana7.213.320.5
Greece33.033.04.7
Grenada10.20.2
Guinea0.90.94.56.3
Haiti1.54.25.7
Honduras10.510.56.34.3
Iceland5.96.912.81.3
India201.3201.312.5188.8
Indonesia111
Israel25.762.31.088.9
Italy753.990.02.1846.0544.781.7 2
Ivory Coast11.612.624.113.06.3
Jamaica13.313.310.3
Jordan11
Kenya3.12.45.52.4
Korea140.7140.74.1128.3
Lao People’s Dem. Rep.0.40.4
Madagascar0.82.73.40.5
Malawi0.13.73.9
Maldives0.20.2
Mali1.31.12.4
Mexico103.1103.17.592.53.1
Nepal3.51.04.54.5
New Zealand35.626.011.573.1
Nicaragua6.86.86.8
Pakistan40.825.065.8
Panama2.54.06.5
Papua New Guinea5.05.05.0
Philippines12.167.679.738.7
Portugal7.229.336.4
Romania50.050.0
Rwanda1.21.2
Senegal5.12.40.98.4
Sierra Leone1.23.04.2
South Africa120.0120.074.5
Spain267.098.8365.8230.0
Sri Lanka12.28.52.623.3
Sudan8.318.04.030.3
Suriname4.84.8
Tanzania9.69.6
Togo7.57.57.5
Turkey35.435.4
Uganda14.014.013.3
United Kingdom62.51,538.021.01,621.41,538.03
Uruguay89.625.9115.598.217.3-
Westtern Samoa10.20.2
Yemen, People’s Dem.
Rep. of3.82.80.57.1
Yugoslavia76.076.030.817.1
Zaïre8.48.116.5
Zambia1.23.83.88.8
Total2,072.72,590.5196.04,859.22,390.6564.4592.1

Less than SDR 50,000.

Italy discharged the equivalent of SDR 568.4 million in early repurchases during the period ended April 30, 1979, which were in part discharged by repurchases made in respect of maturing obligations and by advance repurchases.

Early repurchases equivalent to SDR 410.3 million were discharged by advance repurchases and by sales of currency.

Less than SDR 50,000.

Italy discharged the equivalent of SDR 568.4 million in early repurchases during the period ended April 30, 1979, which were in part discharged by repurchases made in respect of maturing obligations and by advance repurchases.

Early repurchases equivalent to SDR 410.3 million were discharged by advance repurchases and by sales of currency.

Table I.8.Fund Stand-By Arrangements for Members, Financial Year Ended April 30, 1979(In millions of SDRs)
Total Number
of Stand-BysAmountAmount NotAmountAmount Not
ApprovedDate ofDate ofApprovedPurchased atApprovedPurchased
Memberfor MemberInceptionExpiration1977/78Expiration1978/79April 30, 1979
Argentina9Sept.6,1977Sept.15,1978159.50159.00
Burma5May6,1977May5,197835.00
July28,1978July27,197930.007.50
Congo2Apr.25,1979Apr.24,19804.004.00
Gabon1May31,1978May30,197915.007.50
Gambia, The1May18,1977May17,19782.53
Ghana5Jan.10,1979Jan.9,198053.0021.00
Guyana11Aug.15,1978Aug.14,19796.25
Haiti17Aug.2,1977Aug.1,19786.906.90
Italy2Apr.25,1977Dec.31,1978(450.00) 1450.00
Jamaica3Aug.11,1977Aug.10,1979 264.0044.80
Kenya1Nov.13,1978Nov.12,197917.25
Korea12May6,1977Dec.31,197720.0020.00
Liberia13Mar.21,1979Mar.20,19809.25
Madagascar1Dec.21,1977Dec.20,19789.43
Mauritania1May25,1977May24,19784.71
Mauritius1Feb.24,1978Feb.23,19797.97
Panama12June9,1978June8,1979 325.0025.00
Mar.23,1979Mar.22,198030.0030.00
Peru18Nov.18,1977Dec.31,1979 490.0080.00
Sept.15,1978Dec.31,1980184.00140.00
Portugal1June5,1978June4,197957.3557.35
Romania2Sept9,1977Sept.8,197864.13
Senegal1Mar.30,1979Mar.29,198010.5010.50
Sierra Leone4June3,1977June2,19789.022.02
Spain1Feb.6,1978Feb.5,1979143.19143.19
Sri Lanka7Dec.2,1977Dec.1,197893.00
Thailand1July1,1978June30,197945.25
Turkey11Apr.24,1978Apr.23,1980300.00210.00
United Kingdom11Jan.3,1977Jan.2,1979(3,360.00) 11,720.00
Uruguay10Sept.14,1977Sept.13,197825.0025.00
Mar.16,1979Mar.15,198021.0021.00
Western Samoa3Feb.6,1978Feb.5,19790.73
Zambia3Apr.26,1978Apr.25,1980250.00__________125.00
Total1,285.092,675.91507.85633.85

Amount approved in 1976/77, not included in total.

Canceled as of June 9, 1978.

Canceled as of March 22, 1979.

Canceled as of September 14, 1978.

Amount approved in 1976/77, not included in total.

Canceled as of June 9, 1978.

Canceled as of March 22, 1979.

Canceled as of September 14, 1978.

Table I.9.Summary of Members’ Purchases and Repurchases, Years Ended April 30, 1948-79(In millions of SDRs)
Total Purchases by MembersTotal Repurchases by Members
1948606.04
1949119.44
195051.8024.21
195128.0019.09
195246.2536.58
195366.12184.96
1954231.29145.11
195548.75276.28
195638.75271.66
19571,114.0575.04
1958665.7386.81
1959263.52537.32
1960165.53522.41
1961577.00658.60
19622,243.201,260.00
1963579.97807.25
1964625.90380.41
19651,897.44516.97
19662,817.29406.00
19671,061.28340.12
19681,348.251,115.51
19692,838.851,542.33
19702,995.651,670.69
19711,167.411,656.86
19722,028.493,122.33
19731,175.43540.30
19741,057.72672.49
19755,102.45518.08
19766,591.42960.10
19774,910.33868.19
19782,503.014,485.01
19793,719.584,859.18
Total48,685.94 128,559.88 2

Includes purchases that are not subject to repurchase.

Excludes sales of currency and adjustments that have the effect of repurchase.

Includes purchases that are not subject to repurchase.

Excludes sales of currency and adjustments that have the effect of repurchase.

Table I.10.Summary of Stand-By Arrangements That Became Effective During the Financial Years Ended April 30, 1953-79 1(In millions of SDRs)
NumberAmount
1953255.00
1954262.50
1955240.00
1956247.50
195791,162.28
1958111,043.78
1959151,056.63
196014363.88
196115459.88
1962241,633.13
1963191,531.10
1964192,159.85
1965242,159.05
196624575.35
196725591.15
1968322,352.36
196926541.15
1970232,381.28
197118501.70
197213313.75
197313321.85
1974151,394.00
197514389.75
1976181,188.02
1977194,679.64
1978181,285.09
197914507.85
Total43028,797.52

Includes renewals and extensions for one year or less, except the renewals each six months of the stand-by arrangement for Belgium granted in June 1952 until that member purchased the full amount of the equivalent of SDR 50 million in April 1957.

Includes renewals and extensions for one year or less, except the renewals each six months of the stand-by arrangement for Belgium granted in June 1952 until that member purchased the full amount of the equivalent of SDR 50 million in April 1957.

Table I.11.Status of General Arrangements to Borrow (GAB) 1 on April 30, 1979(In millions of SDR equivalents)
ParticipantsMaximum Amounts

of Credit Arrangements
Fund

Indebtedness
Belgium194.8
Canada148.7
Deutsche Bundesbank1,652.5582.9
France487.9
Italy318.7
Japan1,222.7194.3
Netherlands277.2
Sveriges Riksbank92.3
United Kingdom577.5
United States1,571.5
Total6,543.8777.3

See the Balance Sheet of the General Department—General Resources Account as at April 30, 1979, Note 5, reproduced in Appendix VIII.

See the Balance Sheet of the General Department—General Resources Account as at April 30, 1979, Note 5, reproduced in Appendix VIII.

Table I.12.Borrowing in Connection with Purchases Under the Oil Facility and Repayments to Lenders, September 4, 1974-April 30, 1979(In millions of SDRs)
Amount Repaid
AmountAmount Repaid upMay 1, 1978-Balance Outstanding
LenderBorrowedto April 30, 1978April 30, 1979as of April 30, 1979
Abu Dhabi100.0018.7827.9053.32
Austrian National Bank100.006.5122.0371.46
National Bank of Belgium200.0018.70181.30
Canada246.9384.0767.5295.33
Deutsche Bundesbank600.0047.34175.82376.84
Central Bank of Iran990.0090.66375.27524.07
Central Bank of Kuwait685.0026.25177.53481.21
Netherlands350.006.38145.60198.02
Nigeria300.006.2644.19249.55
Bank of Norway100.002.6122.6874.71
Central Bank of Oman20.505.944.3010.26
Saudi Arabian Monetary Agency2,250.00159.13719.271,371.60
Sveriges Riksbank50.000.8549.15
Swiss National Bank100.009.7890.22
Switzerland150.0012.7217.85119.43
Central Bank of Trinidad and Tobago10.000.209.80
Central Bank of Venezuela650.00107.05242.55300.40
Total6,902.43573.702,072.054,256.68
Table I.13.Extended Fund Facility Arrangements for Members, July 7, 1975-April 30, 1979(In millions of SDRs)
Amount Not
Purchased as of April 30,1979
TotalAmount NotAvailable
Date ofDate ofAmount ofPurchased atsubject toOf total
MemberInceptionExpirationArrangementExpirationphasingamount approved
Approved in Previous
Financial Years
Kenya7/7/757/6/7867.259.5
Philippines4/2/764/1/79217.0
Mexico1/1/7712/31/79518.0______518.0 1518.0 1
Subtotal802.259.5518.0518.0
Approved During
Financial Year 1978/79
Egypt7/28/787/27/81600.0175.0525.0
Haiti10/25/7810/24/8132.210.732.2
Jamaica6/9/786/8/81200.0130.0
Sri Lanka1/1/7912/31/82260.340.0220.3
Subtotal1,092.5_____225.7907.5
Total1,894.759.5743.71,425.5

Includes augmentation by repurchases equivalent to SDR 100 million.

Includes augmentation by repurchases equivalent to SDR 100 million.

Table I.14.Schedules of Fund Charges
Charges on Transactions Effected from July 1, 1974.
Charges in per cent per annum 1 payable on holdings in excess of quota and holdings representing transactions effected under compensatory financing and buffer stock financing, for period stated:
Service charge0.5
Up to 1 year4.375
1 to 2 years4.875
2 to 3 years5.375
3 to 4 years5.875
4 to 5 years6.375

Except for service charge, which is payable once per transaction and is stated as percent of the amount of the transactions.

Charges on Transactions Effected under the Extended Fund Facility
Charges in per cent per annum 1 payable on holdings in excess of quota, for period stated:
Service charge0.5
Up to 1 year4.375
1 to 2 years4.875
2 to 3 years5.375
3 to 4 years5.875
4 to 5 years6.375
5 to 6 years6.875
6 to 7 years6.875
7 to 8 years6.875

Except for service charge, which is payable once per transaction and is stated as percent of the amount of the transactions.

Charges on Transactions Effected Under the Oil Facility for 1974
Charges in per cent per annum 1 payable on holdings for period stated:
Service charge0.5
Up to 1 year6.875
1 to 2 years6.875
2 to 3 years6.875
3 to 4 years7.000
4 to 5 years7.125
5 to 6 years7.125
6 to 7 years7.125

Except for service charge, which is payable once per transaction and is stated as percent of the amount of the transactions.

Charges on Transactions Effected Under the Oil Facility for1975
Charges in per cent per annum 1 payable on holdings for period stated:
Service charge0.5
Up to 1 year7.625
1 to 2 years7.625
2 to 3 years7.625
3 to 4 years7.750
4 to 5 years7.875
5 to 6 years7.875
6 to 7 years7.875

Except for service charge, which is payable once per transaction and is stated as percent of the amount of the transactions.

Charges on Transactions Effected from May1, 1963 and up to June30, 1974
Charges in per cent per annum 1 for period stated and for portion of holdings in excess of quota by (per cent)
More than050100
But not more than50100
Service charge0.50.50.5
0 to 3 months0.00.00.0
3 to 6 months2.02.02.0
½ to 1 year2.02.02.5
1 to 1½ years2.02.53.0
1½ to 2 years2.53.03.5
2 to 2½ years3.03.54.0
2½ to 3 years3.54.04.5
3 to 3½ years4.04.55.0
3½ to 4 years4.55.0
4 to 4½ years5.0

Except for service charge, which is payable once per transaction and is stated as percent of the amount of the transactions.

Charges on Transactions Financed with Fund Borrowing Under the Supplementary Financing Facility
Charges in per cent per annum 1 payable on holdings for period stated:
Service charge0.5
Up to 3½ yearsRate of interest paid by the Fund plus 0.20 per cent
3½ to 4½ yearsRate of interest paid by the Fund plus 0.325 per cent
Over 4½ yearsRate of interest paid by the Fund plus 0.375 per cent
Charges on Transactions Effected in Excess of 200 per cent of Member’ Quotas Under Stand-By Arrangements or in Excess of 140 Percent of Quotas Under the Extended Fund Facility
Charges in per cent per period stated: annum 1 payable on holdings for
Service charge0.5
Each six monthsAverage yield to constant five-year maturity of U.S. Government securities, rounded to next 0.25 per cent, plus 0.25 per cent

Except for service charge, which is payable once per transaction and is stated as percent of the amount of the transactions.

Except for service charge, which is payable once per transaction and is stated as percent of the amount of the transactions.

Table I.15.Direct Distribution of Profits from Gold Sales in July 1979
Share inAmount
Quotas(U.S.
Member(Per cent)dollars)
Afghanistan0.1271,811,020
Algeria0.4456,345,700
Argentina1.50621,475,560
Bahamas0.068969,680
Bahrain0.034484,840
Bangladesh0.4286,103,280
Barbados0.045641,700
Benin0.045641,700
Bolivia0.1271,811,020
Botswana0.017242,420
Brazil1.50621,475,560
Burma0.2052,923,300
Burundi0.065926,900
Cameroon0.1201,711,200
Central African Empire0.045641,700
Chad0.045641,700
Chile0.5417,714,660
Colombia0.5377,657,620
Congo0.045641,700
Costa Rica0.1101,568,600
Cyprus0.0891,269,140
Dominican Republic0.1472,096,220
Ecuador0.1131,611,380
Egypt0.6449,183,440
El Salvador0.1201,711,200
Equatorial Guinea0.027385,020
Ethiopia0.0921,311,920
Fiji0.045641,700
Gabon0.051727,260
Gambia, The0.024342,240
Ghana0.2984,249,480
Grenada0.00799,820
Guatemala0.1231,753,980
Guinea0.0821,169,320
Guyana0.068969,680
Haiti0.065926,900
Honduras0.0861,226,360
India3.21845,888,680
Indonesia0.89012,691,400
Iran0.6579,368,820
Iraq0.3735,318,980
Ivory Coast0.1782,538,280
Jamaica0.1812,581,060
Jordan0.0791,126,540
Kampuchea, Democratic0.0861,226,360
Kenya0.1642,338,640
Korea0.2743,907,240
Kuwait0.2233,179,980
Lao People’s Democratic Republic0.045641,700
Lebanon0.031442,060
Lesotho0.017242,420
Liberia0.0991,411,740
Libya0.0821,169,320
Madagascar0.0891,269,140
Malawi0.051727,260
Malaysia0.6379,083,620
Mali0.0751,069,500
Malta0.055784,300
Mauritania0.045641,700
Mauritius0.0751,069,500
Mexico1.26718,067,420
Morocco0.3875,518,620
Nepal0.042598,920
Nicaragua0.0921,311,920
Niger0.045641,700
Nigeria0.4626,588,120
Oman0.024342,240
Pakistan0.80411,465,040
Panama0.1231,753,980
Papua New Guinea0.068969,680
Paraguay0.065926,900
Peru0.4216,003,460
Philippines0.5317,572,060
Portugal0.4015,718,260
Qatar0.068969,680
Romania0.6509,269,000
Rwanda0.065926,900
Saudi Arabia0.4596,545,340
Senegal0.1161,654,160
Sierra Leone0.0861,226,360
Singapore0.1271,811,020
Somalia0.065926,900
Sri Lanka0.3354,777,100
Sudan0.2463,507,960
Swaziland0.027385,020
Syrian Arab Republic0.1712,438,460
Tanzania0.1442,053,440
Thailand0.4596,545,340
Togo0.051727,260
Trinidad and Tobago0.2163,080,160
Tunisia0.1642,338,640
Turkey0.5177,372,420
Uganda0.1371,953,620
United Arab Emirates0.051727,260
Upper Volta0.045641,700
Uruguay0.2363,365,360
Venezuela1.13016,113,800
Viet Nam0.2123,023,120
Western Samoa0.00799,820
Yemen Arab Republic0.034484,840
Yemen, People’s Democratic
Republic of0.0991,411,740
Yugoslavia0.70910,110,340
Zaïre0.3875,518,620
Zambia0.2603,707,600
Total27.771396,014,460
Table I.16.Trust Fund Loans to July 1979 for the Second Period, July 1, 1978-June 30, 1980 1(In millions of SDRs)
MemberQuota

(at December 31, 1975)
Amount
Bangladesh125.029.625
Burma60.014.220
Congo13.03.081
Egypt188.044.556
Ethiopia 227.06.399
Ghana87.020.619
Guinea24.05.688
Haiti19.04.503
Honduras 225.05.925
Kenya48.011.376
Lesotho5.01.185
Liberia29.06.873
Mali22.05.214
Mauritania13.03.081
Morocco113.026.781
Nepal14.0 33.318
Philippines155.036.735
Senegal34.08.058
Sri Lanka98.023.226
Sudan72.017.064
Swaziland 28.01.896
Tanzania42.09.954
Thailand134.031.758
Togo15.03.555
Western Samoa2.00.474
Yemen, People’s Democratic Republic of29.06.873
Zambia76.018.012
Total1,477.0350.049

Requests from two members for Trust Fund loans for the second period had not yet been considered by the Executive Board as at July 31, 1979.

Loan payment to be made subject to the member accepting the terms of the loan agreement.

Amount to which Nepal had consented as at December 31, 1975.

Requests from two members for Trust Fund loans for the second period had not yet been considered by the Executive Board as at July 31, 1979.

Loan payment to be made subject to the member accepting the terms of the loan agreement.

Amount to which Nepal had consented as at December 31, 1975.

Table I.17.Members That Have Accepted the Obligations of Article VIII, April 30, 1979
Effective Date
Memberof Acceptance
ArgentinaMay 14, 1968
AustraliaJuly 1, 1965
AustriaAugust 1, 1962
BahamasDecember 5, 1973
BahrainMarch 20, 1973
BelgiumFebruary 15, 1961
BoliviaJune 5, 1967
CanadaMarch 25, 1952
ChileJuly 27, 1977
Costa RicaFebruary 1, 1965
DenmarkMay 1, 1967
Dominican RepublicAugust 1, 1953
EcuadorAugust 31, 1970
El SalvadorNovember 6, 1946
FijiAugust 4, 1972
FranceFebruary 15, 1961
Germany, Fed. Rep. ofFebruary 15, 1961
GuatemalaJanuary 27, 1947
GuyanaDecember 27, 1966
HaitiDecember 22, 1953
HondurasJuly 1, 1950
IrelandFebruary 15, 1961
ItalyFebruary 15, 1961
JamaicaFebruary 22, 1963
JapanApril 1, 1964
KuwaitApril 5, 1963
LuxembourgFebruary 15, 1961
MalaysiaNovember 11, 1968
MexicoNovember 12, 1946
NetherlandsFebruary 15, 1961
NicaraguaJuly 20, 1964
NorwayMay 11, 1967
OmanJune 19, 1974
PanamaNovember 26, 1946
Papua New GuineaDecember 4, 1975
PeruFebruary 15, 1961
QatarJune 4, 1973
Saudi ArabiaMarch 22, 1961
SeychellesJanuary 3, 1978
SingaporeNovember 9, 1968
South AfricaSeptember 15, 1973
SurinameJune 29, 1978
SwedenFebruary 15, 1961
United Arab EmiratesFebruary 13, 1974
United KingdomFebruary 15, 1961
United StatesDecember 10, 1946
VenezuelaJuly 1, 1976
Table I.18.Increases in Quotas Under the Board of Governors Resolution No. 31-2, July 1, 1978-June 30, 1979 1(In millions of SDRs)
Quota onNew QuotaEffective Date
MemberMar. 31,1978(Sixth Review)of Change
Australia665.00790.00Sept. 13, 1978
Equatorial Guinea8.0010.00Aug. 2, 1978
Iraq109.00141.00Aug. 10, 1978
Jordan23.0030.00Sept. 7, 1978
Mauritania13.0017.00Aug. 2, 1978
Oman7.0020.00July 1, 1978
Syrian Arab Republic50.0063.00July 15, 1978

Democratic Kampuchea had not consented to its increase in quota on June 30, 1979. The quota of China was not increased under the Sixth General Review of Quotas. Suriname, Cape Verde, the Solomon Islands, Dominica, and Djibouti became members after April 1, 1978.

Democratic Kampuchea had not consented to its increase in quota on June 30, 1979. The quota of China was not increased under the Sixth General Review of Quotas. Suriname, Cape Verde, the Solomon Islands, Dominica, and Djibouti became members after April 1, 1978.

Table I.19.Publications Issued, Financial Year Ended April 30, 1979
Reports and Other Documents
Annual Report of the Executive Board for the Financial Year Ended April 30, 1978

(English, French, German, and Spanish). Free
By-Laws, Rules and Regulations
Thirty-Fifth Issue (English, French, and Spanish). Free
Selected Decisions of the International Monetary Fund and Selected Documents

Supplement to Eighth Issue (English). Free
Summary Proceedings of the Thirty-Third Annual Meeting of the Board of Governors Free
Twenty-Ninth Annual Report on Exchange Restrictions Free
Subscription Publications
Balance of Payments Yearbook
Vol. 30. Annual, 11 monthly booklets, and supplement. US$20.00 a year. US$8.00 to university libraries, faculty members, and students.
Direction of Trade
Monthly, with annual supplement.

US$16.00 a year. US$6.00 to university libraries, faculty members, and students.
International Financial Statistics
Monthly, with annual supplement (English, French, and Spanish).

US$35.00 a year. US$14.00 to university libraries, faculty members, and students.
Staff Papers
Four times a year. US$7.00 a year. US$3.00 to university libraries, faculty members, and students.
University libraries, faculty members, and students may obtain the four subscription publications listed above at the reduced rate of US$26.00 for all four publications.
Government Finance Statistics Yearbook
Vol. II, 1978. (Introduction and titles of lines in English, French, and Spanish). US$10.00. US$4.00 to university libraries, faculty members, and students.
For users of Fund publications that have access to a computer, tape subscriptions to the Balance of Payments Yearbook, Direction of Trade, Government Finance Statistics, and International Financial Statistics are available at US$1,000.00 a year each. This price includes the book version of the publication. The price to universities is US$400.00 a year for each subscription.
Books
Legal and Institutional Aspects of the International MonetarySystem: Selected Essays

By Joseph Gold. US$17.50.
Surveys of African Economies
US$5.00 a volume
Volume 7, covering Algeria, Mali, Morocco, and Tunisia, was published in French.
The volumes in this series are available to university libraries, faculty members, and students at a reduced price of US$2.50 a volume.
IMF Glossary, English-French-Spanish
By Fund’s Bureau of Language Services US$5.00.
Pamphlet Series
No. 20 Voting Majorities in the Fund: Effects of Second Amendment of the Articles
By Joseph Gold (French and Spanish). Free
No. 21 International Capital Movements Under the Law of the International Monetary Fund
By Joseph Gold (French). Free
No. 23 Use, Conversion, and Exchange of Currency Under the Second Amendment of the Fund’s Articles
By Joseph Gold (English). Free
No. 24 The Rise in Protectionism
By Trade and Payments Division (English). Free
No. 25 The Second Amendment of the Fund’s Articles of Agreement
By Joseph Gold (English). Free
No. 26 SDRs, Gold, and Currencies: Third Survey of New Legal Developments
By Joseph Gold (English; Resume also in German). Free
No. 27 Financial Assistance by the International Monetary Fund: Law and Practice
By Joseph Gold (English). Free
No. 28 Thoughts on an International Monetary Fund Based Fully on the SDR
By J. J. Polak (English). Free
Other
Finance and Development
Issued jointly with IBRD; quarterly (English, French, German, and Spanish. A selection of articles is published quarterly in Arabic and annually in Portuguese). Free
IMF Survey
Twice monthly but only once in December (English, French, and Spanish). Private firms and individuals are charged for delivery at the annual rate of US$10.00.

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