Chapter

Appendix I

Author(s):
International Monetary Fund
Published Date:
September 1982
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The Fund in 1981/82

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, 1982. In two tables in this appendix, however, data covering longer periods are included, viz., Table I.1 on exchange rates and exchange arrangements and Table I.11 setting forth the charges on the use of the Fund’s resources.

Table I.1.Exchange Rates and Exchange Arrangements, June 30, 19821
Pegged toLimited Flexibility vis-à-visMore Flexibility 3
MemberCurrencyU.S. dollar2French franc 2Other single currency 2Special drawing right2Currency composite other than SDR 3Adjusted according to a set of indicatorsOther managed floatingFloating Independently
Single currency 3,4Cooperative arrangements 3,5
AfghanistanAfghani50.60
Algeriadinar4.644—.
Antigua and BarbudaEast Caribbean
dollar2.70
Argentinapeso15,725.00
Australiadollar0.978187
Austriaschilling17.316
Bahamasdollar1.00
Bahraindinar0.377
Bangladeshtaka38.422
Barbadosdollar2.0113
Belgiumfranc46.8725
Belizedollar2.00
Beninfranc50.00
Bhutanngultrum1.006
Boliviapeso43.18
Botswanapula1.097454
Brazilcruzeiro172.33
Burmakyat8.50847
Burundifranc90.00
Cameroonfranc50.00
Canadadollar1.2930
Cape Verdeescudo60.7165
Central African Republicfranc50.00
Chadfranc50.00
Chilepeso46.00
China, People’s Republic ofyuan1.9310
Colombiapeso63.84
Comorosfranc50.00
Congofranc50.00
Costa Ricacolón38.125
Cypruspound0.484614
Denmarkkrone8.5015
Djiboutifranc177.721
DominicaEast Caribbean
dollar2.70
Dominican Republicpeso1.00
Ecuadorsucre33.15
Egyptpound0.70
El Salvadorcolón2.50
Equatorial Guineaekwele2.007
Ethiopiabirr2.07
Fijidollar0.938615
Finlandmarkka4.726
Francefranc6.829
Gabonfranc50.00
Gambia, Thedalasi4.008
Germany, Federal
Republic ofdeutsche mark2.4598
Ghanacedi2.75
Greecedrachma69.47
GrenadaEast Caribbean
dollar2.70
Guatemalaquetzal1.00
Guineasyli24.6853
Guinea-Bissaupeso44.00
Guyanadollar3.00
Haitigourde5.00
Honduraslempira2.00
Hungaryforint35.7494
Icelandkrôna11.446
Indiarupee9.492032
Indonesiarupiah657.25
Iranrial92.30
Iraqdinar0.295314
Irelandpound0.714286
Israelshekel24.0801
Italylira1,383.25
Ivory Coastfranc50.00
Jamaicadollar1.78142
Japanyen254.00
Jordandinar0.387
Kampuchea, Democratic9riel
Kenyashilling11.95
Koreawon748.81
Kuwaitdinar0.28727
Lao People’s
Democratic Republickip10.00
Lebanonpound4.9421
Lesothomaloti1.0010
Liberiadollar1.00
Libyan Arab Jamahiriyadinar0.296053
Luxembourgfranc46.8725
Madagascarfranc375.57
Malawikwacha1.2122
Malaysiaringgit2.3578
Maldivesrufiyaa7.05
Malifranc100.00
Maltapound0.415835
Mauritaniaouguiya52.87
Mauritiusrupee12.00
Mexicopeso48.0405
Moroccodirham6.1765
Nepalrupee13.20
Netherlandsguilder2.7200
New Zealanddollar1.3455
Nicaraguacordoba10.05
Nigerfranc50.00—.
Nigerianaira0.675539
Norwaykrone6.249
Omanrial Omani0.3454
Pakistanrupee12.2078
Panamabalboa1.00
Papua New Guineakina0.738771
Paraguayguarani126.00
Perusol675.95
Philippinespeso8.47
Portugalescudo83.682
Qatarriyal3.64
Romanialeu15.00
Rwandafranc92.84
St. LuciaEast Caribbean
dollar2.70
St. Vincent and theEast Caribbean
Grenadinesdollar2.70
Sâo Tomé and Principedobra45.25
Saudi Arabiariyal3.435
Senegalfranc50.00
Seychellesrupee7.2345
Sierra Leoneleone1.36693
Singaporedollar2.1498
Solomon Islandsdollar0.949667
Somaliashilling12.59
South Africarand1.14312
Spainpeseta111.00
Sri Lankarupee20.85
Sudanpound0.90
Surinameguilder1.785
Swazilandlilangeni1.0010
Swedenkrona6.092
Syrian Arab Republicpound3.925
Tanzaniashilling9.49798
Thailandbaht23.00
Togofranc50.00
Trinidad and Tobagodollar2.4090
Tunisiadinar0.608294
Turkeylira165.64
Ugandashilling85.75 1
United Arab Emiratesdirham3.671
United Kingdompound0.575275
United Statesdollar1.00
Upper Voltafranc50.00
Uruguaynew peso12.499
Vanuatuvatu106.20
Venezuelabolivar4.2925
Viet Namdong10.37883
Western Samoatala1.2193
Yemen Arab Republicrial4.5625
Yemen, People’s Democratic Republic ofdinar0.345399
Yugoslaviadinar48.2415
Zaïrezaïre6.34921
Zambiakwacha1.02426
Zimbabwedollar0.764292

For further explanation of the classification of exchange rate arrangements, in particular for members that maintain dual exchange markets involving multiple exchange rate arrangements, see Table 15. The effective date of the exchange rate is April 30, 1982 for Lebanon and Uganda.

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

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

All exchange rates have shown limited flexibility against the 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 (for 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.

Per Indian rupee.

Per Spanish peseta.

Per pound sterling.

Information not available.

Per South African rand.

For further explanation of the classification of exchange rate arrangements, in particular for members that maintain dual exchange markets involving multiple exchange rate arrangements, see Table 15. The effective date of the exchange rate is April 30, 1982 for Lebanon and Uganda.

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

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

All exchange rates have shown limited flexibility against the 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 (for 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.

Per Indian rupee.

Per Spanish peseta.

Per pound sterling.

Information not available.

Per South African rand.

Table I.2.Fund Stand-By Arrangements for Members, Financial Year Ended April 30,1982(In millions of SDRs)
MemberTotal Number of Stand-Bys Approved for Member Since 1953Date of InceptionDate of ExpirationAmount Approved 1980/81Amount Not Purchased at Expiration or CancellationAmount Approved 1981/82Amount Not Purchased April 30, 1982
Burma6June 12, 1981June 11, 198227.00
Central African Republic2Apr. 10, 1981Dec. 31, 198110.402.40
China,
People’s Republic of1Mar. 2, 1981Dec. 31, 1981450.00
Cyprus1July 16, 1980July 15, 19818.50
El Salvador12June 23, 1980June 22, 198110.75
Ethiopia1May 8, 1981June 30, 198267.501
Equatorial Guinea1July 1, 1980June 30, 19815.50
Gambia, The3Feb. 22, 1982Feb. 21, 198316.90 18.78
Grenada4May 11, 1981May 10, 19823.430.53
Guatemala9Nov. 13, 1981Nov. 12, 198219.10
Kenya4Oct. 15, 1980Oct. 14, 1982241.50 2,3151.50
Jan. 8, 1982Jan. 7, 1983151.50191.50
Korea14Feb. 13, 1981Feb. 12, 1982576.002
Lao People’s
Democratic Republic1Aug. 4, 1980Aug. 3, 198114.00
Liberia15Sept. 15, 1980Sept. 14, 198265.002,433.00
Aug. 26, 1981Sept. 15, 198255.00 111.00
Madagascar3June 27, 1980June 26, 198264.45 2,554.45
Apr. 13, 1981June 26, 198276.70232.301,670.00
Malawi2May 9, 1980Mar. 31, 198249.8829.88
Mauritania3July 23, 1980Mar. 31, 198229.702,720.80
June 1, 1981Mar. 31, 198225.801
Mauritius4Sept. 5, 1980Sept. 4, 198135.002
Dec. 21, 1981Dec. 20, 198230.00115.00
Morocco8Apr. 26, 1982Apr. 25, 1983281.25 1225.00
Panama14Apr. 18, 1980Dec. 31, 198123.62214.75
Apr. 28, 1982Apr. 27, 198329.7029.70
Romania3June 15, 1981June 14,19841,102.501962.50
Senegal2Sept. 11, 1981Sept. 10, 198263.00147.26
Solomon Islands1May 29, 1981May 28, 19821.600.80
Somalia9July 15, 1981July 14, 198243.13 16.47
Sudan7Feb. 22, 1982Feb. 21, 1983198.001128.00
Tanzania2Sept. 15, 1980June 30, 1982179.602154.60
Thailand2June 3, 1981Mar. 31, 1983814.501469.50
Togo2Feb. 13, 1981Feb. 12, 198347.50240.25
Turkey13June 18, 1980June 17, 19831,250.002390.00
Uganda3June 5, 1981June 30, 1982112.50110.00
Uruguay12May 14, 1980May 13, 198121.0021.00
July 15, 1981July 14, 198231.5031.50
Yugoslavia8June 6, 1980Dec. 31, 1981339.332,8139.33
Jan. 30, 1981Dec. 31, 19831,662.002969.50
Zimbabwe1Apr. 8, 1981Apr. 7, 198237.50
Total5,197.93447.113,106.213,673.64

Amounts approved from enlarged access resources in 1981/82 are as follows: Ethiopia, SDR 32.52 million; The Gambia, SDR 8.88 million; Liberia, SDR 6.92 million; Madagascar, SDR 32.30 million; Mauritius, SDR 13.28 million; Morocco, SDR 166.18 million; Romania, SDR 746.18 million; Somalia, SDR 22.64 million; Thailand, SDR 566.59 million; and Uganda, SDR 58.97 million. Amounts approved under the supplementary financing facility are as follows: Kenya, SDR 96.84 million; Liberia, SDR 18.00 million; Mauritania, SDR 9.88 million; Senegal, SDR 33.57 million; and Sudan, SDR 136.40 million.

Supplementary financing facility amounts approved in 1980/81 are as follows: Kenya, SDR 184.42 million, of which SDR 50.10 million was purchased; Korea, SDR 454.31 million; Liberia, SDR 36.90 million, of which SDR 18.90 million was purchased; Madagascar, SDR 34.85 million, of which SDR 5.14 million was purchased and SDR 29.71 million approved for new arrangement; Malawi, SDR 35.63 million; Mauritania, SDR 17.40 million, of which SDR 6.08 million was purchased; Mauritius, SDR 31.93 million; Panama, SDR 12.88 million, of which SDR 4.84 million was purchased; Tanzania, SDR 137.47 million; Togo, SDR 29.87 million; Turkey, SDR 1,211.40 million; Yugoslavia, SDR 200.83 million, of which SDR 124.83 million was purchased, and SDR 1,357.84 million was approved for new arrangement.

Arrangement canceled on January 7, 1982.

Arrangement canceled on August 25, 1981.

Arrangement canceled on April 12, 1981.

Arrangement augmented in June 1981.

Arrangement canceled on May 31, 1981.

Arrangement canceled on January 29, 1981.

Amounts approved from enlarged access resources in 1981/82 are as follows: Ethiopia, SDR 32.52 million; The Gambia, SDR 8.88 million; Liberia, SDR 6.92 million; Madagascar, SDR 32.30 million; Mauritius, SDR 13.28 million; Morocco, SDR 166.18 million; Romania, SDR 746.18 million; Somalia, SDR 22.64 million; Thailand, SDR 566.59 million; and Uganda, SDR 58.97 million. Amounts approved under the supplementary financing facility are as follows: Kenya, SDR 96.84 million; Liberia, SDR 18.00 million; Mauritania, SDR 9.88 million; Senegal, SDR 33.57 million; and Sudan, SDR 136.40 million.

Supplementary financing facility amounts approved in 1980/81 are as follows: Kenya, SDR 184.42 million, of which SDR 50.10 million was purchased; Korea, SDR 454.31 million; Liberia, SDR 36.90 million, of which SDR 18.90 million was purchased; Madagascar, SDR 34.85 million, of which SDR 5.14 million was purchased and SDR 29.71 million approved for new arrangement; Malawi, SDR 35.63 million; Mauritania, SDR 17.40 million, of which SDR 6.08 million was purchased; Mauritius, SDR 31.93 million; Panama, SDR 12.88 million, of which SDR 4.84 million was purchased; Tanzania, SDR 137.47 million; Togo, SDR 29.87 million; Turkey, SDR 1,211.40 million; Yugoslavia, SDR 200.83 million, of which SDR 124.83 million was purchased, and SDR 1,357.84 million was approved for new arrangement.

Arrangement canceled on January 7, 1982.

Arrangement canceled on August 25, 1981.

Arrangement canceled on April 12, 1981.

Arrangement augmented in June 1981.

Arrangement canceled on May 31, 1981.

Arrangement canceled on January 29, 1981.

Table I.3.Summary of Members’ Purchases and Repurchases, Financial Years Ended April 30,1948-82(In millions of SDRs)
YearTotal Purchases

by Members
Total 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
19802,433.263,775.83
19814,860.012,852.93
19828,040.622,009.88
Total64,019.83 137,198.53 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.4.Summary of Stand-By Arrangements That Became Effective During the Financial Years Ended April 30, 1953-821(In millions of SDRs)
YearNumberAmount
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
1980242,479.36
1981215,197.93
1982193,106.21
Total49439,581.02

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.5.Purchases of Currencies and Special Drawing Rights from the Fund, Financial Year Ended April 30, 1982(In millions of SDRs)
Within Credit TrancheUnder Decision onPurchases Financed with
Under stand-by arrangementsExtended Fund facilityOrdinary resources
Supple-Supple-Supple-
WithinmentaryEnlargedmentaryEnlargedCom-SpecialmentaryEnlarged
MemberReserveOrdinaryfinancingaccessOrdinaryfinancingaccesspensatoryTotaldrawingfinancingaccess
PurchasingTrancheresourcesfacilityresourcesOtherresourcesfacilityresourcesfinancingPurchasesCurrenciesrightsfacilityresources
Australia251.21251.2157.00194.21
Bangladesh26.5026.5060.00113.0031.5055.0026.50
Barbados5.015.015.01
Burma27.0027.0022.005.00
Central African Republic4.004.004.00
Costa Rica11.2511.2530.1052.6039.701.6511.25
Dominica1.431.432.850.261.161.43
Dominican Republic7.507.507.50
Egypt47.0347.0328.0319.00
El Salvador32.2532.2532.25
Equatorial Guinea0.242.502.742.500.24
Ethiopia4.1029.6426.1118.0077.8536.9614.7826.11
Fiji13.5013.5013.50
Gambia, The4.024.109.0017.1210.352.674.10
Grenada2.902.902.620.28
Guatemala21.1119.1076.50116.7162.6154.10
Guinea4.994.994.99
Guinea-Bissau0.501.852.350.501.85
Guyana8.058.0516.107.680.378.05
Haiti17.0017.0016.980.02
Honduras12.757.9023.3043.9520.6523.30
India450.00450.00900.00250.00200.00450.00
Ivory Coast66.2766.27114.00246.54113.1867.0966.27
Jamaica7.1359.95110.95178.0324.7042.38110.95
Kenya31.6428.3660.0031.6428.36
Korea35.53396.47106.201538.2025.00116.73396.47
Lao People’s Democratic Republic3.003.003.00
Liberia3.6525.0818.000.9247.6516.8411.8918.000.92
Madagascar2.977.959.5520.4710.929.55
Malawi3.774.2513.7512.00133.776.4513.5713.75
Malaysia189.75189.75100.0089.75
Mauritania15.929.8825.8011.384.549.88
Mauritius5.5115.005.0025.5120.515.00
Mexico159.89159.8994.8965.00
Morocco12.8043.4534.1334.12236.401360.90240.6342.7034.1243.45
New Zealand27.5627.5627.56
Nigeria308.71308.71308.71
Pakistan234.94230.06465.00147.6487.30230.06
Panama28.8332.9961.8227.831.0032.99
Papua New Guinea3.7845.0048.7815.7833.00
Philippines150.00150.00150.00
Portugal14.0014.0014.00
Romania42.5086.7853.22169.50352.00212.8785.9153.22
Senegal7.957.7942.0057.7417.0032.957.79
Sierra Leone1.326.706.7014.726.701.326.70
Solomon Islands0.720.801.521.52
Somalia17.5519.1136.6617.5519.11
South Africa107.23107.2330.0077.23
Sri Lanka18.75150.3025.30194.35140.1554.20
Sudan26.4143.5847.7052.30170.0012.0862.0495.88
Swaziland4.284.284.28
Tanzania15.9015.9013.602.30
Thailand165.54179.46186.00531.00163.81187.73179.46
500.00500.00500.00
Uganda48.9853.5245.00147.5077.8216.1653.52
Viet Nam5.005.005.00
Western Samoa0.140.140.14
Yemen Arab Republic10.8110.8110.81
Yugoslavia224.16292.34516.50107.55116.61292.34
Zaïre11.0367.40107.60106.90292.93138.1647.17107.60
Zambia77.00223.0059.30359.3088.9047.40223.00
Total1,080.45847.341,507.71379.8912.751,249.50547.63780.601,634.758,040.622,793.882,030.912,055.341,160.49

In accordance with the decision on compensatory financing of fluctuations in the cost of cereal imports, Executive Board Decision No. 6860-(81/81), adopted May 13, 1981. (See Selected Decisions of the International Monetary Fund and Selected Documents (Washington, 1981), pages 59-63.)

In accordance with the decision on compensatory financing of fluctuations in the cost of cereal imports, Executive Board Decision No. 6860-(81/81), adopted May 13, 1981. (See Selected Decisions of the International Monetary Fund and Selected Documents (Washington, 1981), pages 59-63.)

Table I.6.Repurchases of Currencies from the Fund, Financial Year Ended April 30,1982(In millions of SDRs)
Repurchases in Respect of
Purchases
MemberunderCompensatoryPurchases in
Repurchasingoil facilityfinancingthe tranchesOtherTotal
Australia61.761.7
Bahamas1
Bangladesh17.25.27.530.0
Barbados1.51.5
Bolivia5.65.6
Burma18.418.4
Cameroon3.51.85.4
Central African Republic1.31.22.5
Chad0.32.21.23.7
Chile50.950.9
Congo2.51.23.7
Costa Rica7.97.9
Cyprus7.01.218.2
Dominican Republic6.17.513.6
Egypt7.912.053.012.285.1
Equatorial Guinea1.31.3
Fiji11
Finland26.026.0
Gambia, The0.610.6
Ghana9.79.7
Greece30.728.0158.7
Grenada0.10.1
Guinea0.75.80.97.4
Guyana6.76.7
Haiti1.90.12.0
Iceland8.88.8
India34.534.5
Israel35.826.161.9
Ivory Coast11
Jamaica7.347.114.468.8
Kenya7.00.817.8
Korea47.747.7
Lao People’s Democratic Republic0.80.8
Lesotho11
Liberia3.73.7
Madagascar2.24.71.58.4
Malawi0.910.55.4116.9
Mali1.92.24.1
Mauritania1.32.41.14.8
Mauritius5.55.5
Morocco4.514.00.819.3
Nepal2.62.6
New Zealand52.826.078.8
Nicaragua2.02.0
Niger11
Pakistan46.851.522.8121.1
Panama5.27.2112.4
Papua New Guinea4.84.8
Peru13.215.4128.5
Philippines38.06.61.245.7
Portugal28.720.014.062.7
Romania12.042.554.5
Senegal5.45.31.211.8
Sierra Leone1.91.51.30.14.7
Somalia11
Spain50.149.499.5
Sri Lanka16.64.034.410.365.2
Sudan9.419.41.930.7
Swaziland11
Tanzania10.91.7112.6
Thailand42.542.5
Togo0.20.2
Turkey65.337.311.1113.7
Uganda1.23.54.7
United Kingdom282.9282.9
Uruguay11
Viet Nam25.15.030.1
Western Samoa0.10.80.11.0
Yemen, People’s
Democratic Republic of4.91.76.7
Yugoslavia40.828.569.3
Zaïre19.421.224.765.3
Zambia7.435.88.852.0
Total985.7608.7257.4158.122,009.9

Less than SDR 50,000.

Of which, SDR 113.2 million represents repurchases under the Fund’s Articles of Agreement, Schedule B, paragraph 4(ii).

Less than SDR 50,000.

Of which, SDR 113.2 million represents repurchases under the Fund’s Articles of Agreement, Schedule B, paragraph 4(ii).

Table I.7.Extended Fund Facility Arrangements for Members, July 7,1975-April 30,1982(In millions of SDRs)
MemberDate of

Inception
Date of

Expiration
Total

Amount of

Arrangement
Amount Not

Purchased at

Expiration or

Cancellation
Of Total Amount Approved,

Amount Not Purchased as of

April 30, 1982
Approved in previous
financial years
Bangladesh12/8/8012/7/83800.00 1580.00
Dominica2/6/812/5/848.55 24.99
Egypt7/28/787/27/81600.00525.00
Gabon6/27/8012/31/8234.0034.00
Guyana6/25/796/24/8262.75 352.75
7/25/807/24/83100.00 4
Haiti10/25/7810/24/8132.2021.40
Honduras6/28/796/27/8247.6023.70
Ivory Coast2/27/811/22/84484.505307.78
Jamaica6/9/786/8/81200.006130.00
6/11/796/10/81260.007175.00
4/13/814/12/84236.408
Kenya7/7/757/6/7867.2059.50
Mexico1/1/7712/31/79518.009518.00
Morocco10/8/8010/7/83810.00 10663.00
3/9/8110/7/83817.05 11680.55
Pakistan11/24/8011/23/831,268.00 12919.00
Philippines4/2/764/1/79217.00
Senegal8/8/808/7/83184.80 13143.70
Sierra Leone3/30/812/22/84163.70 14
Sri Lanka1/1/7912/31/81260.30
Sudan5/4/795/3/82427.00 15
Subtotal7,599.053,887.90950.47
Approved during
financial year 1981/82
Costa Rica6/17/816/16/84276.75 16254.25
Guyana7/25/807/24/8350.00498.27
India11/9/8111/8/845,000.00 174,100.00
Jamaica4/13/814/12/84241.308262.00
Pakistan12/2/8111/23/83919.00 18 579.00
Sierra Leone3/30/812/22/8422.30 14152.50
Zaïre6/22/816/21/84912.00 19737.00
Zambia5/8/815/7/84800.0020500.00
Subtotal8,221.35152.506,530.52
Total15,820.404,040.407,480.99

Of which, SDR 480.80 million is provided under the supplementary financing facility.

Of which, SDR 4.49 million is provided under the supplementary financing facility.

Canceled as of June 24, 1980.

Arrangement augmented by SDR 50.00 million in July 1981 to a total of SDR 150.00 million, of which SDR 66.37 million is provided under the supplementary financing facility and SDR 50.00 million from enlarged access resources.

Of which, SDR 324.90 million is provided under the supplementary financing facility.

Canceled as of June 10, 1979.

Canceled as of April 12, 1981.

Arrangement augmented by SDR 241.30 million in June 1981 to a total of SDR 477.70 million, of which SDR 149.25 million is provided under the supplementary financing facility and SDR 241.30 million from enlarged access resources.

Includes augmentation by repurchase equivalent to SDR 100.00 million.

Canceled as of March 8, 1981.

Arrangement canceled as at April 25, 1982 and replaced by a stand-by arrangement.

Canceled as of December 1, 1981.

Canceled as of September 10, 1981 and replaced by a stand-by arrangement.

Arrangement augmented by SDR 22.30 million in June 1981 to a total of SDR 186.00 million, of which SDR 99.51 million was provided under the supplementary financing facility and SDR 22.30 million from enlarged access resources. Arrangement canceled on April 6, 1982.

Arrangement augmented by SDR 227.00 million in November 1980, canceled on February 17, 1982, and replaced by a stand-by arrangement.

Of which, SDR 24.58 million is financed under the supplementary financing facility and SDR 166.07 million is financed from enlarged access resources.

Of which, SDR 2,595.50 million is financed from enlarged access resources.

Of which, SDR 490.12 million is financed under the supplementary financing facility.

Of which, SDR 632.94 million is financed from enlarged access resources.

Of which, SDR 674.00 million is financed from enlarged access resources.

Of which, SDR 480.80 million is provided under the supplementary financing facility.

Of which, SDR 4.49 million is provided under the supplementary financing facility.

Canceled as of June 24, 1980.

Arrangement augmented by SDR 50.00 million in July 1981 to a total of SDR 150.00 million, of which SDR 66.37 million is provided under the supplementary financing facility and SDR 50.00 million from enlarged access resources.

Of which, SDR 324.90 million is provided under the supplementary financing facility.

Canceled as of June 10, 1979.

Canceled as of April 12, 1981.

Arrangement augmented by SDR 241.30 million in June 1981 to a total of SDR 477.70 million, of which SDR 149.25 million is provided under the supplementary financing facility and SDR 241.30 million from enlarged access resources.

Includes augmentation by repurchase equivalent to SDR 100.00 million.

Canceled as of March 8, 1981.

Arrangement canceled as at April 25, 1982 and replaced by a stand-by arrangement.

Canceled as of December 1, 1981.

Canceled as of September 10, 1981 and replaced by a stand-by arrangement.

Arrangement augmented by SDR 22.30 million in June 1981 to a total of SDR 186.00 million, of which SDR 99.51 million was provided under the supplementary financing facility and SDR 22.30 million from enlarged access resources. Arrangement canceled on April 6, 1982.

Arrangement augmented by SDR 227.00 million in November 1980, canceled on February 17, 1982, and replaced by a stand-by arrangement.

Of which, SDR 24.58 million is financed under the supplementary financing facility and SDR 166.07 million is financed from enlarged access resources.

Of which, SDR 2,595.50 million is financed from enlarged access resources.

Of which, SDR 490.12 million is financed under the supplementary financing facility.

Of which, SDR 632.94 million is financed from enlarged access resources.

Of which, SDR 674.00 million is financed from enlarged access resources.

Table I.8.Status of General Arrangements to Borrow (GAB)1 on April 30,1982(In millions of SDR equivalents)
ParticipantsMaximum Amounts of Credit ArrangementsFund Indebtedness
Belgium150.5
Canada157.0
Deutsche Bundesbank1,517.9582.9
France394.7
Italy234.9
Japan1,280.2194.3
Netherlands245.3
Sveriges Riksbank78.8
United Kingdom565.4
United States1,770.4
Total6,395.2777.3

See the Balance Sheet of the General Department as at April 30, 1982, Note 5, reproduced in Appendix VIII.

See the Balance Sheet of the General Department as at April 30, 1982, Note 5, reproduced in Appendix VIII.

Table I.9.Borrowing in Connection with Purchases Under the Oil Facility and Repayments to Lenders, September 4, 1974-April 30, 1982(In millions of SDRs)
LenderAmount BorrowedAmount Repaid up to April 30, 1981Amount Repaid May 1, 1981-April 30, 1982Balance Outstanding as of April 30, 1982
Abu Dhabi100.0084.6514.400.95
Austrian National Bank100.0055.9923.4220.60
National Bank of Belgium200.00108.1744.9546.88
Canada246.93246.93
Deutsche Bundesbank600.00374.951
Central Bank of Iran990.00854.6493.3442.02
Central Bank of Kuwait685.00519.01106.9159.08
Netherlands350.00281.1146.6922.21
Nigeria300.00194.71105.29
Bank of Norway100.0053.1621.5725.27
Central Bank of Oman20.5016.853.060.59
Saudi Arabian Monetary Agency (SAMA)2,250.001,850.83410.21214.011
Sveriges Riksbank50.0023.1912.5014.31
Swiss National Bank100.0050.2321.1228.65
Switzerland150.0095.3733.6121.01
Central Bank of Trinidad and Tobago10.005.422.502.09
Central Bank of Venezuela650.00559.0962.5728.34
Total6,902.435,374.301,002.14525.99

Includes claims transferred to SAM A from the Deutsche Bundesbank on November 13, 1980.

Includes claims transferred to SAM A from the Deutsche Bundesbank on November 13, 1980.

Table I.10.Borrowing in Connection with Purchases Under the Supplementary Financing Facility, May 29,1980-April 30,1982(In millions of SDRs)
Amount Borrowed 1
LenderTotal Amount of AgreementUp to Aprü 30, 1981May 1, 1981 to April 30, 1982Balance Available as of April 30, 1982
Abu Dhabi150.0031.2366.2552.52
Austrian National Bank50.0015.539.5724.90
Banque Nationale de Belgique150.0012.34137.66
Canada200.0012.68187.32
Deutsche Bundesbank1,050.00290.462325.212434.33
Banco de Guatemala30.008.000.36321.64
Japan900.00232.62313.744353.64
Central Bank of Kuwait400.00104.08108.34187.58
De Nederlandsche Bank, N.V.100.0025.0835.5939.33
Central Bank of Nigeria220.0069.854150.15
Saudi Arabian Monetary Agency1,934.00508.392466.022959.59
Swiss National Bank650.00176.42229.283244.30
United States1,450.00385.43470.954593.62
Central Bank of Venezuela500.00145.73146.87207.40
Total7,784.002,017.842,172.1853,593.98

Out of total of SDR 4,591.61 million committed under stand-by (SDR 3,051.10 million) and extended (SDR 1,540.51 million) arrangements in effect on April 30, 1982.

Claims totaling SDR 172.011 million under the supplementary financing facility were transferred by the Deutsche Bundesbank to the Saudi Arabian Monetary Agency against U.S. dollars on November 13, 1980.

Claims totaling SDR 8.356 million were repaid to the Banco de Guatemala on February 8, 1982. This was refinanced by a call on the Swiss National Bank.

Claims totaling SDR 69.850 million were repaid in advance to the Central Bank of Nigeria on April 8 and 9, 1982. This encashment was financed by calls in equal amounts under the supplementary financing facility borrowing agreements with Japan and the United States, in agreement with these lenders.

The total of calls exceeds borrowing outstanding under supplementary financing facility agreements by SDR 78.206 million.

Out of total of SDR 4,591.61 million committed under stand-by (SDR 3,051.10 million) and extended (SDR 1,540.51 million) arrangements in effect on April 30, 1982.

Claims totaling SDR 172.011 million under the supplementary financing facility were transferred by the Deutsche Bundesbank to the Saudi Arabian Monetary Agency against U.S. dollars on November 13, 1980.

Claims totaling SDR 8.356 million were repaid to the Banco de Guatemala on February 8, 1982. This was refinanced by a call on the Swiss National Bank.

Claims totaling SDR 69.850 million were repaid in advance to the Central Bank of Nigeria on April 8 and 9, 1982. This encashment was financed by calls in equal amounts under the supplementary financing facility borrowing agreements with Japan and the United States, in agreement with these lenders.

The total of calls exceeds borrowing outstanding under supplementary financing facility agreements by SDR 78.206 million.

Table I.11.Schedule of Fund Charges

Charges in per cent per annum1 payable on holdings for the periods stated:

Purchases in the Credit Tranches and Under the Compensatory Financing
and Buffer Stock Financing Facilities
July 1, 1974April 1, 1977May 1, 1981
throughthroughthroughFrom
March 31, 1977April 30, 1981April 30, 1982May 1, 1982
Service charge0.50.50.50.5
Up to 1 year4.04.3756,256.60
1 to 2 years4.54.8756.256.60
2 to 3 years5.05.3756.256.60
3 to 4 years5.55.8756.256.60
4 to 5 years6.06.3756.256.60
Extended Fund Facility
Service charge0.50.50.50.5
Up to 5 years226.256.60
5 to 10 years6.56.8756.256.60
Oil Facility
ForFor
19741975
Service charge0.50.5
Up to 3 years6.8757.625
3 to 4 years7.0007.750
4 to 7 years7.1257.875
Supplementary Financing Facility
Service charge0.5
Up to 3½ yearsRate of interest paid by the Fund plus 0.2 per cent
Over 3½ yearsRate of interest paid by the Fund plus 0.325 per cent
Enlarged Access Policy
Service charge0.5
Periodic chargeNet cost of borrowing by the Fund plus 0.2 per cent

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

Same as for purchases in the credit tranches.

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

Same as for purchases in the credit tranches.

Table I.12.Members That Have Accepted the Obligations of Article VIII, April 30, 1982
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
DjiboutiSeptember 19, 1980
DominicaDecember 13, 1979
Dominican RepublicAugust 1, 1953
EcuadorAugust 31, 1970
El SalvadorNovember 6, 1946
FijiAugust 4, 1972
FinlandSeptember 25, 1979
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
St. LuciaMay 30, 1980
St. VincentAugust 24, 1981
Saudi ArabiaMarch 22, 1961
SeychellesJanuary 3, 1978
SingaporeNovember 9, 1968
Solomon IslandsJuly 24, 1979
South AfricaSeptember 15, 1973
SurinameJune 29, 1978
SwedenFebruary 15, 1961
United Arab EmiratesFebruary 13, 1974
United KingdomFebruary 15, 1961
United StatesDecember 10, 1946
UruguayMay 2, 1980
VenezuelaJuly 1, 1976
Table I.13.Transfers of Special Drawing Rights, January 1, 1970-April 30, 1982(In millions of SDRs)
Annual AverageFinancial Years Ended April 30Total
Jan.1, 1970-Jan.1, 1970-
Apr. 30, 1976197719781979198019811982Apr. 30, 1982
Transfers among participants
and other holders
Transactions by agreement3813179271,5333624181,2427,210
Prescribed operations158158
Transactions with designation
From holdings26511654743464684893,225
From purchases of SDRs from Fund33441,0061,0251,4141,3865,178
6464361,3252,6131,7332,3013,27515,772
General Resources Account
Transfers from participants
Repurchases (net)253738445029949308385,783
Charges (net)1007098017155535749464,927
Quota payments2011915,0912665,577
Assessments111212216
Interest received on General
Resources Account holdings11234057822666571,197
3658051,8871,2951,6306,8622,70917,499
Transfers to participants
and other holders
Purchases118256621,1061,2832,0332,0357,890
Reconstitution1131445474755201,851
Replenishment of participants’
currencies23145
Remuneration11241221361402203481,062
Distribution of net income317
Interest, transfer charges on
Fund borrowings129122150143264
Repayments of Fund borrowings3864161144407
Other5823413272408
2924951,2871,3751,5132,8242,69712,043
Total transfers1,3031,7364,4995,2834,87711,9888,68145,313
General Resources Account holdings
at end of period5037711,3711,2901,4075,4455,456

Including amounts acquired as part of purchases.

Transfers to enable participants to pay charges in the General Resources Account and Special Drawing Rights Department.

Transfers to enable participants to pay quota increases.

Including amounts acquired as part of purchases.

Transfers to enable participants to pay charges in the General Resources Account and Special Drawing Rights Department.

Transfers to enable participants to pay quota increases.

Table I.14.Summary of Transactions and Operations in Special Drawing Rights, Financial Year Ended April 30, 1982(In thousands of SDRs)
Positions as at April 30, 1982
Receipts fromTransfersReceiptTransfersInterest,Holdings as
Participantstofrom theto theCharges,per cent
Totaland Other HoldersParticipantsGeneralGeneralandNetof net
HoldingsandResourcesResourcesAssess-cumulativecumulative
HoldersApril 30, 1981DesignatedOtherOther HoldersAccountAccountment (Net)Holdingsallocationsallocations
Participants
Afghanistan16,057231-1,36014,92926,70355.9
Algeria113,32011,0003,561-1,122126,759128,64098.5
Argentina337,5529,537+3,711350,799318,370110.2
Australia43,45710,780194,214197,1761,593-55,470136470,5450.0
Austria211,9789,02061,85013,852+2,311175,311179,04597.9
Bahamas5,945133-5425,53610,23054.1
Bahrain3,7073,400-1566,9526,200112.1
Bangladesh11,50613,80036,00055,13325,672-5,34313,42447,12028.5
Barbados2,9675,0135,0751,604-7836428,0398.0
Belgium606,57530,1431+18,256654,973485,246135.0
Benin2,882-8512,0309,40921.6
Bolivia5359,5015,885-3,46668526,7032.6
Botswana4,982272+1165,3714,359123.2
Brazil376,5317,50010,062+3,919398,012358,670111.0
Burma3,7205,0003,0005,0684,157-5,4181,21343,4742.8
Burundi5,85686562-1,0544,32613,69731.6
Cameroon1,7513,3001061,701-3,08237424,4631.5
Canada438,511318,2825,346-68,60656,969779,2907.3
Cape Verde1766-5712662020.3
Central African Republic2172,4753,9804,0071,066-1,2054489,3254.8
Chad1971,78519501-1,2182829,4093.0
Chile28,48256,1522,40079938,087-13,05136,694121,92430.1
China, People’s Republic of12,472240,00069223,910-13,541215,713236,80091.1
Colombia112,7849,5005,064+789128,137114,271112.1
Comoros1280-9207160.0
Congo9641,20063-1,1459569,7199.8
Costa Rica6925,3803,0915,941-3,04817523,7260.7
Cyprus5,0773,4255,449-2,22283119,4384.3
Denmark170,5422,014-840171,717178,86496.0
Djibouti47619-894071,17834.5
Dominica477141,172367-3510359217.4
Dominican Republic2,7663,0007,5001,452-3,8042,01031,5856.4
Ecuador27,2111,000640-54928,30232,92985.9
Egypt10,5903,05019,00013,414-17,3061,920135,9241.4
El Salvador2485,26732,16532,2501,500-3,23886224,9853.4
Equatorial Guinea436170245791-6005,8120.0
Ethiopia2,6959,09814,9505,118-8282,60111,16023.3
Fiji4,4556874-3204,1286,95859.3
Finland105,39336,0001,00330,925-2,601108,871142,69076.3
France1,055,380125,73324,756-4,372950,0311,079,87088.0
Gabon8,2555,389765-8961,20414,0918.5
Gambia, The5013141,5702,699850-6404545,1218.9
Germany, Federal Republic of1,644,29087,214125,733493,91059,319+45,7621,468,4071,210,760121.3
Ghana3,8501,1004,264—686062,9830.0
Greece1,51414,8616792,754-13,432868103,5440.8
Grenada168300240361290-11418693020.0
Guatemala24,7071,5553,00078,44354,9291,753-1,8872,10827,6787.6
Guinea1,66424,9925,193-1,465017,6040.0
Guinea-Bissau262501,7501,850117-1531071,2128.8
Guyana5573,7404,2076,646-1,856214,5300.0
Haiti8693,240241,625-1,76474413,6975.4
Honduras2,40819,00023,3351,752-2,1272,86419,05715.0
Iceland37210,1001237,289-1,8571,45016,4098.8
India480,747200,000205,54261,915-27,965396,408681,17058.2
Indonesia214,43621,4354,789-1,747238,913238,956100.0
Iran289,2131,936+6,113297,261244,056121.8
Iraq107,7345,931+5,884119,54968,464174.6
Ireland87,9392,990+46991,39787,263104.7
Israel19,58168,00069,644-13,1014,836106,3604.5
Italy650,30322,515-3,924668,894702,40095.2
Ivory Coast7,7335,50059,08867,41913,550-4,2803,73537,8289.9
Jamaica7,97825,50024,50041,80941,758-4,8544,17540,61310.3
Japan1,614,36476,728+100,7451,791,837891,690200.9
Jordan14,740727-18715,28116,88790.5
Kampuchea, Democratic4,538-1,4193,11915,41720.2
Kenya22,41720,00032,19923,560-2,8628,19436,99022.2
Korea13,217102,20061,733117,813129,997-5,73335,76772,91149.1
Kuwait28,7597,5004,950+1,10942,31826,744158.2
Lao People’s Democratic Republic431,0912,7003,008681—76009,4090.0
Lebanon1,807125-3211,6114,39336.7
Lesotho1,406-3041,1023,73929.5
Liberia4287,81911,24412,5145,709-2,7011,10721,0075.3
Libyan Arab Jamahiriya90,7693,5009,778+5,870109,91758,771187.0
Luxembourg14,468416-27214,61216,95586.2
Madagascar8611,0006,55514,1817,034-2,451219,2700.0
Malawi1687,3208,80013,6359,718-1,2391,36710,97512.5
Malaysia123,85089,75093,9905,270-1,678121,142139,04887.1
Maldives1534-1614128249.8
Mali6522,510794-2,04931915,9122.0
Malta13,707871+42815,00511,288132.9
Mauritania5892,5102,0003,3142,506-1,2077009,7197.2
Mauritius2,7652,9606,30020,56316,490-1,8811,61815,74410.3
Mexico123,14453,70022,850242,11165,267-22,719131290,0200.0
Morocco5,38337,50018,80044,15635,728-10,72521,78785,68925.4
Nepal8851,7101321,311-9674488,1055.5
Netherlands575,61411,95416,099+8,294611,960530,340115.4
New Zealand21,40031,00033,574-16,0332,792141,3222.0
Nicaragua4804,0691,399-2,52962219,4833.2
Niger7,390130125-2487,1479,40976.0
Nigeria196,5702,500238,96839,898+8,4908,490157,1555.4
Norway205,21611,41320,00012,439+4,405213,474167,770127.2
Oman4,9261,640-1606,4056,262102.3
Pakistan56,58489,795100,270-17,33228,778169,98916.9
Panama1,37617,0001,21115,357-3,1671,06326,3224.0
Papua New Guinea2,42233,0002,996+76133,1879,300356.8
Paraguay13,4432,800648+19117,08213,697124.7
Peru18,38563,00066,744-11,1763,46591,3193.8
Philippines29286,75046464,839-14,4498,218116,5957.0
Portugal4,4127,60014,50118,663-6,3791,47153,3202.8
Qatar7,088725774-5658,02112,82262.6
Romania3,21022,40082,000103,37630,185-9,5287,27275,9509.6
Rwanda9,671900159-50210,22713,69774.7
Sâo Tomé and Principe3619-3333762054.4
Saudi Arabia365,83991,500111,688264,975+14,702318,754195,527163.0
Senegal1,6277,14329,16433,4618,136-3,0831,84824,4627.6
Seychelles1667-3014240635.0
Sierra Leone954,0311,9893,848-2,267117,4550.0
Singapore22,39917,3443,374+1,74743,86416,475266.2
Solomon Islands1,2291,5251,54039+741,279654195.4
Somalia7,3634,3097,576921,354-1,1731,66113,69712.1
South Africa100,80313,16597,22678,734-14,44481,031220,36036.8
Spain274,163100,0005,404111,846-828266,893298,80589.3
Sri Lanka4,12113,68041,50054,72617,023-8,5455,45970,8687.7
St. Lucia381215-6210374213.9
St. Vincent21079-2410735430.3
Sudan6,81929,99340,80062,67447,380-6,5244,78152,1929.2
Suriname5,32970073-3045,7997,75074.8
Swaziland2,8053,0001194-1635,7576,43289.5
Sweden222,8583,188-2,964223,081246,52590.5
Syrian Arab Republic14,708-2,85211,85636,56432.4
Tanzania1,1999,0002,3007,118-4,0101,37231,3724.4
Thailand1,9581,784139,727189,30236,110-9,1488,05984,6529.5
Togo7,2881,798-5844,90610,97544.7
Trinidad and Tobago48,5455,814+60354,96246,231118.9
Tunisia17,189232-2,19615,22534,24344.5
Turkey33,838118,57020,0002,654114,896-14,1026,066112,3075.4
Uganda7363,3166,36416,4228,218-3,6662,22629,3967.6
United Arab Emirates27,11610,400-1,21136,30538,73793.7
United Kingdom772,138623,701283,07211,350314,264-140,827669,0251,913,07035.0
United States3,096,603798,15194,255-187,9433,801,0664,899,53077.6
Upper Volta7,40099-2507,2489,40977.0
Uruguay35,4033,50034795-1,71937,43649,97774.9
Vanuatu1,0351,0350316,890
Venezuela362,4596,00019,679+7,987396,125125.0
Viet Nam5681,1005,6187,2860047,6580.0
Western Samoa207580138644-1431381,14212.1
Yemen Arab Republic12,26910,81411,435+87613,7676,160223.5
Yemen, People’s
Democratic Republic of2,5204,500301,385-2,5353,13022,58313.9
Yugoslavia9,30811,009120,895108,218-16,10116,893155,16110.9
Zaïre2,7697,74031,93550,60518,082-11,093486,3090.0
Zambia3,86524,82838,39452,13933,739-8,6069468,2980.1
Zimbabwe10,045241,839-1358,09410,20079.3
Total Participants15,976,2781,874,6811,372,0803,235,9932,719,0692,072,574-645,12915,988,41121,433,330
General Resources Account5,445,0082,072,5742,720,837+659,3395,456,084
Other Holders
Arab Monetary Fund7,5765,344+2682,500
East Caribbean Currency Authority523+68591
Nordic Investment Bank1,00420,00021,000+7277
Swiss National Bank10,51712,0001,768+8011,086
Total Other Holders12,04427,57638,3441,768+1,2094,254
Total21,433,3301,874,6813,472,2305,995,1742,720,8372,072,574+15,420121,448,75021,433,330

This figure reflects charges on SDR allocations that were not paid on April 30, 1982. As interest on SDR holdings was paid in full on that date, SDRs were effectively created in the amount of the unpaid charges, thereby raising total holdings above net cumulative allocations.

This figure reflects charges on SDR allocations that were not paid on April 30, 1982. As interest on SDR holdings was paid in full on that date, SDRs were effectively created in the amount of the unpaid charges, thereby raising total holdings above net cumulative allocations.

Table I.15.Publications Issued, Financial Year Ended April 30,1982
Reports and Other Documents
Annual Report of the Executive Board for the Financial Year Ended April 30, 1981 (English, French, German, and Spanish). Free
Annual Report on Exchange Arrangements and Exchange Restrictions, 1981 One copy free; additional copies US$7.00 each.
By-Laws, Rules and Regulations Thirty-Eighth Issue (English, French, and Spanish). Free
Summary Proceedings of the Thirty-Sixth Annual Meeting of the Board of Governors Free
Subscription Publications
Balance of Payments Statistics
Vol. 33. Yearbook, 12 monthly booklets, and supplement. US$26.00 a year. US$10.00 to university libraries, faculty members, and students.
Direction of Trade Statistics
Monthly, with Yearbook. US$21.00 a year. US$8.00 to university libraries, faculty members, and students.
International Financial Statistics
Monthly, with Yearbook (English, French, and Spanish). US$52.00 a year. US$21.00 to university libraries, faculty members, and students.
Staff Papers
Four times a year. US$9.00 a year. US$4.00 to university libraries, faculty members, and students.
University libraries, faculty members, and students may obtain the four publications listed above at a special rate of US$40.00 for all four publications.
Government Finance Statistics Yearbook
Vol. V, 1981. (Introduction and titles of lines in English, French, and Spanish). US$13.00 a year. US$5.00 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 Statistics, Direction of Trade Statistics, Government Finance Statistics Yearbook, and International Financial Statistics are available at US$1,000.00 a year each. This price includes the book version. The price to universities is US$400.00 a year for each publication.
Occasional Papers
No. 3 External Indebtedness of Developing Countries By a staff team headed by Bahram Nowzad and Richard C. Williams
No. 4 World Economic Outlook: A Survey by the Staff of the International Monetary Fund
No. 5 Trade Policy Developments in Industrial Countries By S.J. Anjaria, Z. Iqbal, L.L. Perez, and W.S. Tseng
No. 6 The Multilateral System of Payments: Keynes, Convertibility, and the International Monetary Fund’s Articles of Agreement By Joseph Gold
No. 7 International Capital Markets: Recent Developments and Short-Term Prospects, 1981 By a staff team headed by Richard C. Williams, with G.G. Johnson
No. 8 Taxation in Sub-Saharan Africa: I. Tax Policy and Administration in Sub-Saharan Africa By Carlos A. Aguirre, Peter S. Griffith, and M. Zühtü Yücelik 11. A Statistical Evaluation of Taxation in Sub-Saharan Africa By Vito Tanzi
No. 9 World Economic Outlook: A Survey by the Staff of the International Monetary Fund
No. 10 International Comparisons of Government Expenditure By Alan A. Tait and Peter S. Heller
Occasional Papers No. 4 and No. 9, the World Economic Outlook, are available for US$8.00 each, with a special rate of US$5.00 each for university libraries, faculty members, and students. Occasional Papers No. 5, No. 6, No. 7, No. 8, and No. 10 are priced at US$5.00 each, with a special rate of US$3.00 each for university libraries, faculty members, and students.
Books
Financial Policy Workshops: The Case of Kenya By the staff of the IMF Institute. US$ 12.50
Pamphlet Series
No. 32 The Rule of Law in the International Monetary Fund By Joseph Gold (French). Free
No. 33 SDRs, Currencies, and Gold: Fourth Survey of New Legal Developments By Joseph Gold (French and Spanish). Free
No. 35 The Legal Character of the Fund’s Stand-By Arrangements and Why It Matters By Joseph Gold (French and Spanish). Free
No. 36 SDRs, Currencies, and Gold: Fifth Survey of New Legal Developments By Joseph Gold (English). Free
No. 37 The International Monetary Fund: Its Evolution, Organization, and Activities By A.W. Hooke (English). Free
No. 38 Fund Conditionality: Evolution of Principles and Practices By Manuel Guitian (English). Free
Other
Finance & Development Issued jointly with IBRD; quarterly (English, Arabic, French, German, Portuguese, and Spanish). 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$15.00.

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