Front Matter

Front Matter

Author(s):
International Monetary Fund
Published Date:
September 1979
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INTERNATIONAL MONETARY FUND

ANNUAL REPORT OF THE

EXECUTIVE DIRECTORS FOR THE FISCAL YEAR ENDED APRIL 30, 1979

Contents

The following symbols have been used throughout this Report:

  • (…) indicate that data are not available;

  • (—) indicates a figure too small to record in the table or that the item does not exist;

  • (–) is used between years or months (e.g., 1971–79 or January-June) to indicate the years or months covered, including the beginning and ending years or months;

  • (/) is used between years (e.g., 1978/79) to indicate a financial year.

“Billion” means a thousand million.

Minor discrepancies between constituent figures and totals are due to rounding.

The classification of countries employed in the Report is indicated in Tables 1 and 2 on pages 3 and 11.

International Monetary Fund

J. de Larosière

Managing Director and Chairman of the Executive Board

William B. Dale

Deputy Managing Director

Executive DirectorsAlternate Executive

Directors
Sam Y. CrossDonald E. Syvrud
William S. RyrieL. D. D. Price
Gerhard LaskeGuenter Winkelmann
Paul Mentré de LoyeDenis Samuel-Lajeunesse
Masanao MatsunagaAkira Nagashima
Mahsoun B. JalalYusuf A. Nimatallah
Joaqum MunsAriel Buira
H. O. RudingTom de Vries
Bernard J. DrabbleDonal Lynch
Lamberto DiniCosta P. Caranicas
Robert J. WhitelawR. J. Lang
Mohamed FinaishKadhim A. Al-Eyd
Jacques de GrooteHeinrich G. Schneider
Jahangir AmuzegarMohammed Yeganeh
Alexandre KafkaT. Ainsworth Harewood
S. D. DeshmukhEdmund Eramudugolla
Matti VanhalaGísli Blöndal
Byanti KharmawanSavenaca Siwatibau
Festus G. MogaeSemyano Kiingi
Samuel Nana-SinkamAbderrahmane Alfidja
Francisco GarcésJulio C. Gutiérrez
Senior Officers
The Economic CounsellorJ. J. Polak
Adjustment StudiesCharles F. Schwartz, Director
Administration DepartmentK. N. Clark, Director
African DepartmentJ. B. Zulu, Director
Asian DepartmentTun Thin, Director
Central Banking ServiceRoland Tenconi, Director
European DepartmentL. A. Whittome, Director
Exchange and Trade Relations DepartmentErnest Sturc, Director
Fiscal Affairs DepartmentRichard Goode, Director
IMF InstituteGérard M. Teyssier, Director
Legal DepartmentGeorge Nicoletopoulos, Director
Middle Eastern DepartmentA. Shakour Shaalan, Director
Research DepartmentJ. J. Polak, Director
Secretary’s DepartmentLeo Van Houtven, Secretary
Treasurer’s DepartmentWalter O. Habermeier, Treasurer
Western Hemisphere DepartmentE. Walter Robichek, Director
Bureau of Language ServicesBernardo T. Rutgers, Director
Bureau of StatisticsWerner Dannemann, Director
Office in Europe (Paris)Aldo Guetta, Director
Office in GenevaFernando A. Vera, Director
Information OfficeJay H. Reid, Director
Chief EditorNorman K. Humphreys

August 3, 1979

LETTER OF TRANSMITTAL TO THE BOARD OF GOVERNORS

August 3, 1979

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, 1979, in accordance with Article XII, Section 7(a) of the Articles of Agreement of the International Monetary Fund and Section 10 of the Fund’s By-Laws. In accordance with Section 20 of the By-Laws, the administrative budget of the Fund approved by the Executive Board for the financial year ending April 30, 1980 is presented in Appendix VI and the audited financial statements of the General Resources Account, the Special Drawing Rights Department, the Subsidy Account, the Trust Fund, and the Staff Retirement Fund for the year ended April 30, 1979, together with the reports of the External Audit Committee thereon, are presented in Appendix VIII.

Yours sincerely,

/s/

J. de Larosière

Chairman of the Executive Board

Chairman of the Board of Governors

International Monetary Fund

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