Back Matter

Back Matter

Author(s):
International Monetary Fund
Published Date:
September 1984
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Index

Letters are used as follows: c for chart, n for footnote, and t for table.

Abu Dhabi

  • Supplementary financing facility: lending for, 116t; repayment by Fund, 116t

Afghanistan

  • Exchange rate, 102t

  • Purchases from Fund, 111t

  • Quota, 106t

  • SDRs, 118t

Africa

  • Balances of payments, 14, 23t

  • Commercial bank borrowing, 25, 53

  • Economic policies, 14, 47-48

  • Exchange rates, 44, 47-48

  • International reserves, 58 Official development assistance, 14, 53

  • Official multilateral borrowing, 25, 92

  • Output, 10t, 11c

  • Prices, 13t, 47-48

  • Trade, 14, 23, 24

Algeria

  • Commercial bank borrowing, 25

  • Exchange rate, 102t

  • Quota, 106t

  • SDRs, 118t

Antigua and Barbuda

  • Article VIII obligations, acceptance of, 91

  • Exchange rate, 102t

  • Purchases from Fund, 111t Quota, 106t

  • SDRs, 118t

Argentina

  • Commercial bank borrowing, 23

  • Economic policies, 47, 48

  • Exchange rate, 47, 48, 102t

  • International reserves, 58

  • Prices, 12, 47, 48

  • Purchases from Fund, 76, 111t

  • Quota, 106t SDRs, 118t

  • Stand-by arrangement with Fund, 76, 109t

Articles of Agreement

  • Article IV, 50, 54;

  • consultations with members, 52, 74, 90

  • Article VIII, members accepting obligations of, 91, 122t

  • Article XIV, 91

Asia

  • Balances of payments, 12, 23t, 24, 58

  • Economic policies, 12

  • International bond placements, 68

  • International reserves, 58, 67, 70

  • Output, 10t, 11

  • Prices, 12, 13t

  • Trade, 23, 24

Australia

  • Capital flows, 42

  • Economic policies, 42 Employment, 8

  • Exchange rate, 42, 102t

  • Oil facility subsidy account, contribution to, 89n

  • Output, 5

  • Prices, 42

  • Quota, 106t

  • Repurchases from Fund, 80, 113t SDRs, 118t

  • Supplementary financing facility subsidy account, contribution to, 90t Wages, 42

Austria

  • Exchange rate, 42, 102t

  • Oil facility subsidy account, contribution to, 89n

  • Quota, 106t

  • SDRs, 118t

  • Supplementary financing facility, lending for, 116t; repayment by Fund, 116t

  • Supplementary financing facility subsidy account, contribution to, 90t

Bahamas

  • Exchange rate, 102t

  • Quota, 106t

  • SDRs, 118t

Bahrain

  • Exchange rate, 102t

  • Quota, 106t

  • SDRs, 118t

Bangladesh

  • Compensatory financing facility, use of, 79

  • Exchange rate, 102t

  • Extended arrangement with Fund, 115t

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 79, 111t

  • Quota, 106t

  • Repurchases from Fund, 113t

  • SDRs, 118t

  • Stand-by arrangement with Fund, 109t

  • Supplementary financing facility subsidy account, beneficiary, 911

Bank for International Settlements (BIS)

  • Borrowing agreement with Fund, 82

  • Fund relations with, 72, 94

  • General Arrangements to Borrow, lending to, 72

  • Prescribed holder of SDRs, 86

  • Supplementary financing facility subsidy account investments, 90.

Barbados

  • Exchange rate, 102t

  • Purchases from Fund, 111t

  • Quota, 106t

  • SDRs, 118t

  • Stand-by arrangement with Fund, 109t

  • Technical assistance by Fund, 92

Belgium

  • Balance of payments, 22

  • Borrowing agreements with Fund, 82

  • Economic policies, 17, 22

  • Employment, 8

  • European Monetary System, 105t(n)

  • Exchange rate, 17, 102t

  • General Arrangements to Borrow, lending to, 72, 81t

  • Oil facility subsidy account, contribution to, 89n

  • Quota, 106t

  • SDRs, 118t

  • Stand-by arrangement with Fund, 110t(n)

  • Supplementary financing facility, lending for, 116t; repayment by Fund, 116t

  • Supplementary financing facility subsidy account, lending to, 90t

  • Trade, 22

Belize

  • Article VIII obligations, acceptance of, 91

  • Exchange rate, 102t

  • Purchases from Fund, 111t

  • Quota, 106t

  • SDRs, 118t

Benin Exchange rate, 102t

  • Purchases from Fund, 111t

  • Quota, 106t

  • SDRs, 118t

Bhutan

  • Exchange rate, 102t

  • Quota, 106t

  • SDRs, 118t

Board of Governors

  • Eighth General Review of Quotas, resolution authorizing, 74

  • Interim Committee on the International Monetary System (Interim Committee): communiqués, 142

  • Joint Ministerial Committee of the Bank and the Fund on the Transfer of Real Resources to Developing Countries (Development Committee): communiqués, 149

  • Role in SDR allocations, 71

See alsoDevelopment Committeeand Interim Committee

Bolivia

  • Exchange rate, 102t

  • Prices, 12

  • Purchases from Fund, 111t

  • Quota, 106t

  • Repurchases from Fund, 113t

  • SDRs, 118t

  • Supplementary financing facility subsidy account, beneficiary, 91t

Borrowing by Fund

  • Bank for International Settlements, 71, 82

  • Belgium, 71, 82

  • Enlarged access to Fund resources, 77t, 80, 82, 84-85

  • Extended arrangements, financing of, 77

  • General Arrangements to Borrow, 72, 77t, 80, 81, 84-85

  • Guidelines for, 81, 138

  • Interest on, 117t

  • Japan, 71, 82

  • Oil facility, 77t, 84-85

  • Repayment of, 117t

  • Saudi Arabia, 71, 82

  • Stand-by arrangements, financing of, 76

  • Supplementary financing facility, 77, 82, 85

Botswana

  • Exchange rate, 102t

  • Quota, 106t

  • SDRs, 118t

Brazil

  • Buffer stock financing facility, use of, 79

  • Commercial bank borrowing, 23

  • Debt reschedulings, 29

  • Exchange rate, 44, 102t

  • Extended arrangement with Fund, 77, 115t

  • Official multilateral debt restructuring, 93

  • Oil facility subsidy account, contribution to, 89n

  • Prices, 12

  • Purchases from Fund, 79, 112t

  • Quota, 106t

  • SDRs, 118t

Budget of Fund, 160

Buffer Stock Financing Facility

  • Access limits, 79, 138

  • Charges, 116t

  • Enlarged access to Fund resources, use by members, 72

  • Establishment, 79

  • Purchases from Fund, 74t, 75, 77t, 79, 112t

  • Purpose, 79

  • Repurchases from Fund, 80, 113t

Burma

  • Exchange rate, 102t

  • Purchases from Fund, 111t

  • Quota, 106t

  • Repurchases from Fund, 113t

  • SDRs, 118t

Burundi

  • Exchange rate, 102t

  • Quota, 106t

  • Repurchases from Fund, 113t

  • SDRs, 118t

Cameroon

  • Exchange rate, 102t

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 111t

  • Quota, 106t

  • Repurchases from Fund, 113t

  • SDRs, 118t

Canada

  • Balance of payments, 20c, 22, 23t

  • Economic policies, 4, 5t, 30, 37, 39c

  • Employment, 1, 8

  • Exchange rate, 17, 18c, 22, 102t

  • General Arrangements to Borrow, lending to, 81t

  • Interest rates, 3, 30, 38c, 41c

  • Oil facility subsidy account, contribution to, 89n

  • Output, 1, 4, 5, 6c, 7t, 8, 37

  • Prices, 7t, 8, 21c, 37, 38c

  • Quota, 106t

  • SDRs, 87, 118t

  • Supplementary financing facility, lending for, 116t;repayment by Fund, 116t

  • Trade, 7

Cape Verde

  • Exchange rate, 102t

  • Quota, 106t

  • SDRs, 118t

Capital Markets

  • Access of developing countries to, 2, 22, 23,25, 32, 56, 58, 65, 67, 68, 70

  • Balance of payments adjustment, financing of, 56, 65, 66

  • Developments: 1973-81, 65-66; 1982-83, 67-69

  • Exchange rate effects on, 45

  • International bond markets, 68

  • International liquidity, role in providing, 56, 65

  • Operation of, 52

  • Segmentation of, 68

Central African Republic

  • Compensatory financing facility, use of, 80

  • Exchange rate, 102t

  • Official multilateral debt restructuring, 93

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 111t

  • Quota, 106t

  • Repurchases from Fund, 80, 113t

  • SDRS, 118t

  • Stand-by arrangement with Fund, 109t

Centrally Planned Economies, 47

Chad

  • Exchange rate, 102t

  • Purchases from Fund, 111t

  • Quota, 106t

  • SDRs, 118t

Chile

  • Economic policies, 48

  • Employment, 48

  • Exchange rate, 44, 48, 102t

  • Prices, 48

  • Purchases from Fund, 111t

  • Quota, 106t

  • Repurchases from Fund, 113t

  • SDRs, 118t

  • Stand-by arrangement with Fund, 109t

  • Wages, 48

China

  • Balance of payments, 23

  • Economic policies, 23

  • Exchange rate, 102t

  • International reserves, 58

  • Output, 11

  • Quota, 106t

  • Repurchases from Fund, 80, 113t

  • SDRs, 87, 118t

  • Technical assistance by Fund, 92

Colombia

  • Exchange rate, 102t

  • International reserves, 58

  • Purchases from Fund, 111t

  • Quota, 106t

  • SDRs, 86, 118t

Commercial Bank Lending to Developing Countries

  • Amount of debt outstanding, 25

  • Balance of payments adjustment, role in, 56, 65, 66, 67

  • Continuing need for, 32

  • Debt reschedulings, 1-2, 15, 26, 28-29, 67, 91

  • Fund’s role in promoting, 54

  • Government spending, financing of, 66

  • Grace periods, 91

  • Increases in, 66

  • Interest rate spreads, 91

  • Investment, financing of, 66

  • Latin America, 23

  • Maturity structure, 25, 26, 91

  • Reduction in, 1, 11, 15, 17, 23, 24, 25, 26, 46 67-68

  • Role in supporting Fund adjustment pro grams, 53

Comoros

  • Exchange rate, 102t

  • Quota, 106t

  • SDRs, 118t

Compensatory Financing Facility

  • Access limits, 79, 138

  • Cereal import costs, Executive Board decision on, 78

  • Charges, 116t

  • Conditionality of purchases under, 79

  • Cooperation, guidelines on, 137

  • Enlarged access to Fund resources, use by members, 72

  • Executive Board review of, 78

  • Purchases from Fund, 74t, 75, 76c, 77, 79, 112t

  • Purpose, 78

  • Repurchases from Fund, 80, 113t

Conditionality, 71, 72, 79, 92

Congo

  • Exchange rate, 102t

  • Purchases from Fund, 111t

  • Quota, 106t

  • SDRs, 118t

Consultations With Fund Members, 90

Costa Rica

  • Exchange rate, 102t

  • Extended arrangement with Fund, 115t

  • Purchases from Fund, 111t

  • Quota, 106t

  • Repurchases from Fund, 113t

  • SDRs, 118t

  • Stand-by arrangement with Fund, 109t

Credit Tranches

  • Charges, 116t

  • Conditionality of purchases under, 79

  • Purchases from Fu 1, 67, 74t, 75, 76, 77t,

  • Repurchases from Fund, 79-80

Cyprus

  • Exchange rate, 102t

  • Quota, 106t

  • Repurchases from Fund, 113t

  • SDRs, 118t

Denmark

  • Balance of payments, 22

  • Economic policies, 17, 22

  • Employment, 8

  • European Monetary System, 105t(n)

  • Exchange rate, 17, 102t

  • Oil facility subsidy account, contribution to, 89n

  • Quota, 106t

  • SDRs, 118t

  • Supplementary financing facility subsidy account, contribution to, 90t

  • Trade, 22

Developing Countries

  • Balances of payments, 1, 9, 11, 12, 14, 23t, 25, 31, 32, 43, 46, 52, 56, 65, 67, 70, 71

  • Commercial bank borrowing, 26, 31, 66, 68, 70

  • Commercial bank deposits, 68t

  • Economic policies, 9, 12, 13, 14, 31-32, 34, 46, 48, 50, 53, 65, 66

  • Employment, 32

  • Exchange rates, 32, 43, 45, 46, 48, 49, 50, 53, 55-56

  • Interest rates, 32

  • International bond placements, 68

  • International reserves, 9, 28, 33, 61t, 63, 65, 69, 70, 71

  • Official development assistance, need for, 2

  • Output, 9-12, 32, 66

  • Prices, 9, 12, 13, 31

  • Trade, 1, 9, 11-12, 13, 15t, 16t, 25, 31, 32, 33, 46, 53, 91

  • Non-Oil Developing Countries

  • Balances of payments, 1, 2, 14, 22, 23t, 24, 26, 28, 29, 34, 43, 45, 46, 66

  • Commercial bank borrowing, 25, 28t, 43, 66, 67, 68t

  • Commercial bank deposits, 68t, 69

  • Debt restructuring agreements, 91

  • Economic policies, 2, 24, 34, 45, 46

  • Exchange rates, 24, 34, 43, 44-45, 46

  • Fund credit, use of, 28

  • Incomes, 45

  • Interest rates, 34

  • International reserves, 56, 58, 59t, 60, 66, I 67, 69, 70

  • Official multilateral borrowing, 28t, 66

  • Output, 2, 10t, 11, 45

  • Prices, 11, 12, 13t, 34, 45

  • SDRs, 87, 88

  • Trade, 2, 11, 12, 14, 15, 16t, 22-24, 25, 66

  • Net Oil Exporters

  • Balances of payments, 23t, 46

  • Commercial bank borrowing, 67

  • Economic policies, 46-47

  • Exchange rates, 44, 46-47

  • Output, 10t

  • Prices, 13t

  • Trade, 16t, 46

  • Net Oil Importers

  • Balances of payments, 23t

  • Output, 10t

  • Prices, 13t ‘

  • Trade, 14, 16t

  • Low-Income Countries

  • Balances of payments, 22, 23t

  • Commercial bank borrowing, 53

  • Economic policies, 14

  • Exchange rates, 44

  • Official development assistance, 32,53

  • Output, 10t, 11

  • Prices, 13t

  • Supplementary financing facility subsidity account, beneficiaries of, 90

  • Trade, 16t

  • Major Exporters of Manufactures

  • Balances of payments, 23t

  • Exchange rates, 44

  • Output, 10t

  • Prices, 13t

  • Trade, 11, 16t

  • Other Net Oil Importers

  • Balances of payments, 23t

  • Exchange rates, 44

  • Output, 10t

  • Prices, 13t

  • Trade, 16t

  • Oil Exporting Countries

  • Balances of payments, 13-15, 22, 23t, 46, 58,66

  • Commercial bank borrowing, 68t

  • Commercial bank deposits, 66, 68t, 69

  • Economic policies, 46-47, 48

  • Exchange rates, 43c, 44, 46-47, 48

  • International reserves, 56, 58-59, 60, 69, 70t

  • Output, 10-11

  • Prices, 12, 13t, 44, 48

  • SDRs, 87, 88

  • Trade, 12, 14, 15, 16t, 22-23, 24, 46

Development Committee

  • communiqués, 142

Djibouti

  • Exchange rate, 102t

  • Purchases from Fund, 111t

  • Quota, 106t

  • SDRs, 118t

Dominica

  • Exchange rate, 102t

  • Extended arrangment with Fund, 77, 115t

  • Purchases from Fund, 111t

  • Quota, 106t

  • Repurchases from Fund, 113t

  • SDRs, 118t,

  • Supplementary financing facility subsidy account, beneficiary, 911

Dominican Republic

  • Buffer stock financing facility, use of, 79

  • Exchange rate, 102t

  • Extended arrangment with Fund, 77, 115t

  • Purchases from Fund, 79, 111t

  • Quota, 106t

  • Repurchases from Fund, 113t

  • SDRs, 118t

Ecuador

  • Exchange rate, 102t

  • Official multilateral debt restructuring, 93

  • Purchases from Fund, 111t

  • Quota, 106t

  • SDRs, 118t

  • Stand-by arrangement with Fund, 109t

Egypt

  • Exchange rate, 45, 102t

  • Extended arrangement with Fund, 115t

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 111t

  • Quota, 106t

  • Repurchases from Fund, 113t

  • SDRs, 118t

  • Technical assistance by Fund, 92

El Salvador

  • Exchange rate, 102t

  • Purchases from Fund, 111t

  • Quota, 106t

  • SDRs, 118t

  • Stand-by arrangement with Fund, 109t

Enlarged Access to Fund Resources

  • Access limits, 72, 78, 131, 134

  • Borrowed resources suspense accounts, 82-83

  • Borrowing by Fund for, 82

  • Charges, 84, 116t

  • Compensatory financing facility, 72

  • Conditionality requirements, 72

  • Establishment, 78

  • Executive Board decision to extend, 78

  • Extended Fund facility, financing of, 77

  • Extension of, 72, 130

  • Ordinary and borrowed resources, use of, 135

  • Purchases from Fund, 76, 111t

  • Purpose, 78

  • Value date of purchases under arrangements involving, 135

Equatorial Guinea

  • Exchange rate, 102t

  • Purchases from Fund, 111t

  • Quota, 106t

  • Repurchases from Fund, 113t

  • SDRs, 118t

Ethiopia

  • Exchange rate, 102t

  • Purchases from Fund, 111t

  • Quota, 106t

  • Repurchases from Fund, 113t

  • SDRs, 118t

  • Technical assistance by Fund, 93

Europe

  • Balances of payments of European developing countries, 23t

  • Economic policies, 31

  • Employment, 8

  • Exchange rates, 16, 17, 34;

  • European developing countries, 45

  • International bond placements, 68

  • International reserves of European developing countries, 58

  • Output, 6c, 7t, 8;

  • European developing countries, 10t, 11c

  • Prices, 7t, 34;

  • European developing countries,

  • Trade of European developing countries, 24

  • Wages, 8

European Monetary System (EMS)

  • Economic policies, 42

  • European currency units (ECUs), 59t(n), 60, 61, 63; role as reserve currency, 61, 62t, 65

  • European Monetary Cooperation Fund, 59t(n), 60, 63

  • Exchange rates, 34, 37, 42, 56, 105t(n); realignment, 2, 17, 19, 22, 58

  • Gold holdings, 59t(n), 60

  • Operation of, 42

  • Participants, 105t(n)

Exchange Markets

  • Official intervention, 35, 65

  • Operation of, 35, 37, 51

Exchange Rates

  • Arrangements, 37, 42, 43, 49-50, 55-56, 57t, 69, 102t

  • Balance of payments effect on, 35, 46, 47

  • Capital flows’ effect on, 45

  • Domestic economies’ effect on, 34, 47

  • Effect on balance of payments, 45, 49, 53

  • Effect on interest rates, 51-52

  • Effect on international trade, 45

  • European Monetary System, 102t

  • Fiscal policy’s effect on, 51-52

  • Flexibility, 53, 55, 56, 69

  • Interest rate effects on, 51-52

  • List as of June 29, 1984, 102t

  • Monetary policy’s effect on, 52

  • Pattern of, 34

  • Restrictions, 53

  • Trade effects on, 35

  • Underlying economic conditions’ effect on, 35, 37, 40, 42, 43, 51

  • Variability, 35, 40, 42, 50, 51

See alsoSurveillance Over Exchange Rate Policiesand individual countries

Executive Board

  • Article IV consultations, review of, 74

  • Attribution of reductions in Fund’s currency holdings, review of, 75-76

  • Capital markets, discussion of, 54

  • Cereal import costs, forthcoming review of, 78-79

  • Changes in membership, 157

  • Compensatory financing facility, review of, 78

  • Enlarged access to Fund resources, review of, 78

  • Extended Fund facility, review of, 76

  • External debt-servicing problems, discussion of, 54

  • Guidelines for Fund borrowing, review of, 81

  • Liquidity position of Fund, review of, 80

  • List of Executive Directors and voting power, 154

  • Possible further SDR allocations, review of, 71

  • Rate of remuneration, forthcoming review of, 83

  • Role in SDR allocations, 71

  • SDR holdings by Fund, forthcoming review of, 81

  • Surveillance over exchange rate policies, review of, 51, 54, 55, 74

  • World economic outlook exercise, review of, 54, 90

See alsoExecutive Board Decisions

Executive Board Decisions

  • Adoption of term “SDR,” 85n, 128

  • Borrowing agreement with Saudi Arabia in association with GAB, transferability of claims, 140

  • Borrowing by Fund, guidelines for, 138

  • Buffer stock financing facility, access limits, 138

  • Compensatory financing facility: access limits, 138; guidelines on cooperation, 137

  • Compensatory financing of fluctuations in cereal import costs, access limits, 138

  • Differential between rate of remuneration and SDR interest rate, narrowing of, 83

  • Enlarged access to Fund resources, 72, 78, 130, 131, 134, 135

  • Fund’s currency holdings, attribution of reductions in, 75-76

  • Fund’s SDR holdings, reduction of, 87, 130

  • General Arrangements to Borrow, enlargement and revision, 81; transferability of claims, 139

  • Oil facility subsidy account, final report on termination, 136

  • Overdue payments to Fund: performance criterion under stand-by and extended arrangements, 136

  • Rate of remuneration, 129

  • Rules relating to determination and payment of charges on SDRs and of remuneration, amendment of, 86

  • SDR interest rate and related matters, 128

  • Surveillance over exchange rate policies, 124

  • Treatment of reserve tranche: attribution of reduction in Fund’s currency holdings, review of, 141

Extended Fund Facility

  • Arrangements under, 115t

  • Borrowed resources, use of, 77, 78

  • Charges, 116t

  • Commitments under, 77

  • Enlarged access to Fund resources, use by members, 72

  • Establishment, 76

  • Executive Board review of, 76

  • Ordinary resources, use of, 77, 78

  • Overdue payments to Fund, performance criterion, 136

  • Purchases from Fund, 74t, 75, 76-77, 111t

  • Purpose, 76

  • Repurchases from Fund, 80, 113t

External Relations of Fund, 94, 95

Fiji

  • Exchange rate, 102t

  • Quota, 106t

  • SDRs, 118t

Finances of Fund

  • Administered accounts, 73t

  • Borrowed resources suspense accounts, 83

  • Financial statements, 162

See alsoGeneral Resources Account Transactions

Finland

  • Economic policies, 42-43

  • Exchange rate, 42-43, 102t

  • Oil facility subsidy account, contribution to, 89n

  • Output, 5

  • Prices, 43

  • Quota, 106t

  • Repurchases from Fund, 113t

  • SDRs, 118t

  • Supplementary financing facility subsidy account, contribution to, 90t

France

  • Balance of payments, 7, 20c, 22, 23t

  • Economic policies, 5t, 22, 39c, 42

  • European Monetary System, 105t(n)

  • Exchange rate, 16, 17, 18c, 35, 36c, 42, 49, 56, 64, 102t

  • General Arrangements to Borrow, lending to, 81t

  • Interest rates, 38c, 41c, 42, 64, 84t

  • International reserves, 58

  • Oil facility subsidy account, contribution to, 89n

  • Output, 6c, 7, 37

  • Prices, 7, 8, 21c, 38c

  • Quota, 106t

  • Role of franc as reserve currency, 611, 62t, 63

  • SDRs, 118t

  • Supplementary financing facility subsidy account, contribution to, 90t

  • Use of franc as currency peg, 50c

Gabon

  • Exchange rate, 102t

  • Extended arrangement with Fund, 115t

  • Purchases from Fund, 111t

  • Quota, 106t

  • Repurchases from Fund, 113t

  • SDRs, 118t

Gambia, The

  • Exchange rate, 102t

  • Extended arrangement with Fund, 78

  • Purchases from Fund, 111t

  • Quota, 106t

  • Repurchases from Fund, 113t

  • SDRs, 118t

  • Stand-by arrangement with Fund, 76, 109t

  • Supplementary financing facility subsidy account, beneficiary, 91t

General Agreement on Tariffs and Trade (GATT)

  • Fund relations with, 53, 94

General Arrangements to Borrow (GAB)

  • Associated borrowing agreements, 81-82

  • Enlargement, 71, 72, 80, 81

  • Guidlines for Fund borrowing, 81

  • Lenders, 81t

  • Participants, 81

  • Purpose, 81

  • Repayments by Fund, 85, 88

  • Revisions, 81-82

  • Saudi Arabia, associated borrowing agreement with, 71, 72, 80, 81-82, 140

  • Switzerland: association with, 81; participation in, 71, 80, 81

  • Transferability of claims, 139

See alsoBorrowing by Fund

General Resources Account Transactions

  • Assessments, 117t

  • Borrowing by Fund, 117t

  • Charges, 83, 86, 88, 116t, 117t; rate of, 83-84

  • Interest payments received on, 117t

  • Purchases from Fund, 60, 72, 73t, 75-79, 86-87, 110t, 111t, 117t

  • Quota payments, 117t

  • Remuneration, 87-88, 117t; rate of, 72-73, 83, 84t, 85-86, 129

  • Repurchases from Fund, 75, 77t, 79-80, 87, 110t, 113t, 117t

  • SDRs: receipt of, 118t; transfers of, 117t, 118t

Germany, Federal Republic of

  • Balance of payments, 19, 20c, 23t, 30

  • Economic policies, 3, 5t, 17, 30, 37, 39c, 51

  • European Monetary System, 105t(n)

  • Exchange rate, 17, 18c, 35, 36c, 42, 103t

  • General Arrangements to Borrow, 81t, 88

  • Interest rates, 7, 17, 38c, 41c, 42, 84t

  • Oil facility subsidy account, contribution to, 89n

  • Output, 5, 6c, 7t

  • Prices, 7, 21c, 30, 38c, 42

  • Quota, 106t

  • Repayment by Fund, 88

  • Role of deutsche mark as reserve currency, 61t, 62t, 63

  • SDRs, 86, 87, 119t

  • Supplementary financing facility, lending for, 116t

  • Trade, 17, 19

Ghana

  • Compensatory financing facility, use of, 79

  • Exchange rate, 44, 103t

  • Purchases from Fund, 79, 111t

  • Quota, 106t

  • Repurchases from Fund, 113t

  • SDRs, 119t

  • Stand-by arrangement with Fund, 109t

Gold

  • Holdings by Fund, 77t, 80n

  • Market price, 60, 63, 69-70

  • Official holdings, 56, 58, 59t, 60, 63

  • Sales by Fund: in auctions, 77t, 88; in distributions, 77t; requirements for approval, 80n

Greece

  • Exchange rate, 103t

  • Oil facility subsidy account, contribution to, 89n

  • Quota, 106t

  • SDRs, 119t

Grenada

  • Exchange rate, 103t m

  • Extended arrangement with Fund, 77, 115t

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 111t

  • Quota, 106t

  • SDRs, 119t

Guatemala

  • Exchange rate, 103t

  • Purchases from Fund, 111t

  • Quota, 106t

  • SDRs, 119t

  • Stand-by arrangement with Fund, 109t

  • Supplementary financing facility: lending for, 116t;

  • repayment by Fund, 116t

Guinea

  • Exchange rate, 103t

  • Purchases from Fund, 111t

  • Quota, 106t

  • SDRS, 121t

  • Stand-by arrangement with Fund, 109t

Guinea-Bissau

  • Exchange rate, 103t

  • Purchases from Fund, 111t

  • Quota, 106t

  • Repurchases from Fund, 113t

  • SDRs, 1191

Guyana

  • Exchange rate, 103t

  • Extended arrangement with Fund, 115t

  • Purchases from Fund, 111t

  • Quota, 106t

  • Repurchases from Fund, 113t

  • SDRs, 119t

  • Supplementary financing facility subsidy account, beneficiary, 91t

Haiti

  • Exchange rate, 103t

  • Extended arrangement with Fund, 115t

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 111t

  • Quota, 106t

  • SDRs, 1191

  • Stand-by arrangement with Fund, 109t

Honduras

  • Exchange rate, 103t

  • Extended arrangement with Fund, 115t

  • Purchases from Fund, 111t

  • Quota, 106t

  • SDRs, 119t

  • Stand-by arrangement with Fund, 109t

Hungary

  • Exchange rate, 103t

  • Purchases from Fund, 76, 111t

  • Quota, 106t

  • SDRs, 119t

  • Stand-by arrangement with Fund, 76, 1091

Iceland

ArticleVIII Obligations, Acceptance of, 91

  • Exchange rate, 103t

  • Quota, 106t

  • SDRs, 119t

Income and Expenses of Fund, 85, 161

India

  • Balance of payments, 23

  • Exchange rate, 56, 103t

  • Extended arrangement with Fund, 23, 77, 78, 80, 115t

  • Oil facility subsidy account, beneficiary, 89t

  • Output, 11

  • Purchases from Fund, 111t

  • Quota, 106t

  • Repurchases from Fund, 113t

  • SDRs, 119t

  • Supplementary financing facility subsidy account, beneficiary, 911

Indonesia

  • Balance of payments, 47

  • Commercial bank borrowing, 25

  • Compensatory financing facility, use of, 79

  • Exchange rate, 47, 103t

  • Purchases from Fund, 79, 111t

  • Quota, 106t

  • SDRs, 119t

Industrial Countries

  • Balances of payments, 14, 17, 19, 22, 23t, 69-70

  • Commercial bank borrowing, 65, 67, 68

  • Commercial bank deposits, 68-69

  • Economic policies, 2-9, 29-31, 32, 37, 39c, 40,48,52,65,66,69-70

  • Employment, 8, 9, 31

  • Exchange rates, 16-17, 34-35, 37, 40, 48, 49, 51, 52

  • Interest rates, 1, 3, 4, 7, 11, 12, 14, 24-25, 26, 29, 31, 37, 38c, 40, 51, 52, 66

  • International bond placements, 68

  • International reserves, 56, 58, 59t, 60, 61t, 63, 69, 70t

  • Output, 1, 2, 6c, 7-8, 9, 11, 32, 37, 40, 66

  • Prices, 1, 2, 3, 7, 8, 9, 17, 29, 30, 31, 35, 37, 38c, 40, 66

  • SDRs, 87, 88

  • Trade, 2, 12, 15t, 161, 19, 24, 25, 32

  • Wages, 9

Interim Committeecommuniqués, 142

  • Enlarged access to Fund resources, guidelines for, 78

  • Further SDR allocations, consideration of, 73-74

  • Protectionism, discussion of, 33

  • Surveillance over exchange rate policies, review of, 54

  • World economic outlook exercise, review of, 54

International Bank for Reconstruction and Development

See World Bank

International Organizations Fund

  • relations with, 72, 93

International Reserves

  • Adequacy, 69-71, 74

  • Demand for, 69, 70

  • Expansion, 56

  • Foreign exchange, 56, 58, 59t, 60, 69-70;

  • currency composition, 61, 62t, 63, 64, 65;

  • official holdings, 32, 61, 64, 65

  • Fund-related assets, 56, 58, 59-60, 71, 77t

  • Gold, 60, 63

  • Growth rate, 69, 70

  • Holdings by members, 59t

  • Official holdings, 26, 56, 69, 70

  • Real value of, 49

International Trade

  • Exchange rate effects on, 45, 49, 53

  • Growth rate, 69

  • Protectionism, 2, 9, 11, 29, 31, 32-33, 46, 53,

  • Terms of trade, 1, 2, 9, 11, 12, 14, 16t, 23, 24, 31, 66

  • Value, 15t

  • Variability of flows, 69

  • Volume, 14, 15t

Iran, Islamic Republic of

  • Exchange rate, 103t

  • Oil facility subsidy account, contribution to, 89n

  • Quota, 75, 106t, 108t(n)

  • SDRs, 119t

Iraq

  • Exchange rate, 103t

  • Purchases from Fund, 111t

  • Quota, 106t

  • SDRs, 1191

Ireland

  • Balance of payments, 22

  • Economic policies, 22

  • Employment, 8

  • European Monetary System, 105t(n)

  • Exchange rate, 17, 42, 103t

  • Prices, 8

  • Quota, 106t

  • SDRs, 119t

  • Trade, 22

Israel

  • Exchange rate, 45, 103t

  • Prices, 12

  • Purchases from Fund, 111t

  • Quota, 106t

  • Repurchases from Fund, 113t

  • SDRs, 119t

Italy

  • Balance of payments, 7, 20c, 22, 23t, 30

  • Economic policies, 5t, 22, 30, 39c, 42

  • European Monetary System, 105t(n)

  • Exchange rate, 16, 17, 18c, 42, 103t

  • General Arrangements to Borrow, lending to, 811

  • Interest rates, 38c, 41c, 42

  • International reserves, 58

  • Oil facility subsidy account, contribution to, 89n

  • Output, 5, 6c, 7

  • Prices, 7t, 21c, 38c, 42

  • Quota, 106t

  • SDRs, 86, 87, 119t

Ivory Coast

  • Buffer stock financing facility, use of, 79

  • Exchange rate, 103t

  • Extended arrangement with Fund, 77, 115t

  • Official multilateral debt restructuring, 93

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 79, 111t

  • Quota, 106t

  • SDRs, 119t

  • Supplementary financing facility subsidy account, beneficiary, 91t

Jamaica

  • Exchange rate, 103t

  • Extended arrangement with Fund, 77, 115t

  • Purchases from Fund, 111t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 119t

  • Supplementary financing facility subsidy account, beneficiary, 911

Japan

  • Balance of payments, 17, 19, 20c, 23t, 30

  • Borrowing agreements with Fund, 82

  • Economic policies, 3c, 4, 5t, 30, 37, 39c, 51

  • Exchange rate, 16, 17, 18c, 35, 36c, 64, 103t

  • General Arrangements to Borrow, lending to, 72, 81t, 88

  • Interest rates, 17, 38c, 41c, 64, 84t

  • Oil facility subsidy account, contribution to, 89n

  • Output, 4, 6c, 7t, 37

  • Prices, 7t, 21c, 30, 38c

  • Quota, 107t

  • Repayment by Fund, 88

  • Role of yen as reserve currency, 6It, 62t, 63

  • SDRs, 86, 1191

  • Supplementary financing facility, lending for, 116t;

  • repayment by Fund, 116t

  • Trade, 7, 17

Joint Ministerial Committee of the Bank and the Fund on the Transfer of Real Resources to Developing Countries

SeeDevelopment Committee Jordan

  • Exchange rate, 103t

  • Purchases from Fund, 111t

  • Quota, 107t

  • SDRs, 119t

Kampuchea, Democratic

  • Exchange rate, 103t

  • Quota, 74, 107t, 108t(n)

  • SDRs, 119t

Kenya

  • Compensatory financing facility, use of, 79

  • Exchange rate, 103t

  • Extended arrangement with Fund, 115t

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 79, 111t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 119t

  • Stand-by arrangement with Fund, 109t

  • Supplementary financing facility subsidy account, beneficiary, 91t

Kiribati

  • Membership in Fund, application for, 74

Korea

  • Compensatory financing facility, use of, 79

  • Exchange rate, 103t

  • Purchases from Fund, 76, 79, 111t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 119t

  • Stand-by arrangement with Fund, 76, 109t

Kuwait

  • Exchange rate, 103t

  • Quota, 107t

  • SDRs, 119t

  • Supplementary financing facility, lending for, 116t; repayment by Fund, 116t

Lao People’s Democratic Republic

  • Exchange rate, 103t

  • Purchases from Fund, 111t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 119t

Latin America

  • Balances of payments, 14, 23

  • Commercial bank borrowing, 14, 25, 26, 28, 67

  • Debt reschedulings, 29

  • Economic policies, 14, 23, 48

  • Exchange rates, 44-45, 48

  • Interest rates, 48

  • International reserves, 58, 67

  • Output, 10t, 11c

  • Prices, 12, 13t, 48

  • Trade, 14, 19, 23, 24c

Lebanon

  • Exchange rate, 103t

  • Quota, 107t

  • SDRs, 119t

Lesotho

  • Exchange rate, 103t

  • Quota, 107t

  • SDRs, 119t

Liberia

  • Exchange rate, 103t

  • Extended arrangement with Fund, 78

  • Official multilateral debt restructuring, 93

  • Purchases from Fund, 111t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 119t

  • Stand-by arrangement with Fund, 76, 109t

  • Supplementary financing facility subsidy account, beneficiary, 911

Libyan Arab Jamahiriya

  • Exchange rate, 103t

  • Quota, 107t

  • SDRs, 119t

Liquidity Position of Fund, 80-81

  • Luxembourg

  • Exchange rate, 17, 103t

  • European Monetary System, 105t(n)

  • Oil facility subsidy account, contribution to, 89n

  • Purchases from Fund, 111t

  • Quota, 107t

  • SDRs, 119t

  • Supplementary financing facility subsidy account, lending for, 90t

Madagascar

  • Exchange rate, 103t

  • Official multilateral debt restructuring, 93

  • Purchases from Fund, 111t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 119t

  • Stand-by arrangement with Fund, 109t

  • Supplementary financing facility subsidy account, beneficiary, 91t

Malawi

  • Compensatory financing facility, use of, 79

  • Exchange rate, 103t

  • Extended arrangement with Fund, 77, 115t

  • Official multilateral debt restructuring, 93

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 79, 111t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 119t

  • Stand-by arrangement with Fund, 109t

  • Supplementary financing facility subsidy account, beneficiary, 911

Malaysia

  • Exchange rate, 103t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 1191

Maldives

  • Exchange rate, 103t

  • Purchases from Fund, 112t

  • Quota, 107t

  • SDRs, 119t

Mali

  • Exchange rate, 103t

  • Purchases from Fund, 112t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 119t

  • Stand-by arrangement with Fund, 109t

Malta

  • Exchange rate, 103t

  • Quota, 107t

  • SDRs, 119t

Mauritania

  • Exchange rate, 103t

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 112t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 119t

  • Supplementary financing facility subsidy account, beneficiary, 91t

Mauritius

  • Exchange rate, 103t

  • Extended arrangement with Fund, 78

  • Purchases from Fund, 112t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 119t

  • Stand-by arrangement with Fund, 109t

  • Supplementary financing facility subsidy account, beneficiary, 91t

Membership in Fund

  • Kiribati’s application for, 74

  • Mozambique’s application for, 74

  • Saint Christopher and Nevis’s application for, 74

Mexico

  • Balance of payments, 47

  • Commercial bank borrowing, 23, 67

  • Debt reschedulings, 29

  • Economic policies, 48

  • Exchange rate, 44, 47, 48, 103t

  • Extended arrangement with Fund, 77, 116t

  • International reserves, 58

  • Official multilateral debt restructuring, 92

  • Prices, 12

  • Purchases from Fund, 112t

  • Quota, 107t

  • SDRs, 119t

Middle East

  • Balances of payments, 23t, 58

  • Exchange rates, 45

  • International reserves, 58

  • Output, 10t, 11

  • Prices, 12, 13t

  • Trade, 24c

Morocco

  • Compensatory financing facility, use of, 79

  • Exchange rate, 103t

  • Extended arrangement with Fund, 115t

  • Official multilateral debt restructurings, 93

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 79, 112t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 119t

  • Stand-by arrangement with Fund, 109t

  • Supplementary financing facility subsidy account, beneficiary, 91t

Mozambique

  • Membership in Fund, application for, 74

Nepal

  • Exchange rate, 103t

  • Purchases from Fund, 112t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 119t

  • Technical assistance by Fund, 92

Netherlands

  • Employment, 8

  • European Monetary System, 105t(n)

  • Exchange rate, 17, 103t

  • General Arrangements to Borrow, lending to, 81t

  • Oil facility subsidy account, contribution to, 89n

  • Prices, 8

  • Purchases from Fund, 112t

  • Quota, 106t

  • Role of guilder as reserve currency, 611, 62t, 63

  • SDRs, 119t

  • Supplementary financing facility, lending for, 116t; repayment by Fund, 116t

  • Supplementary financing facility subsidy account, contribution to, 90t

New Zealand

  • Exchange rate, 103t

  • Oil facility subsidy account, contribution to, 89n

  • Prices, 8

  • Quota, 107t

  • SDRs, 119t

Nicaragua

  • Exchange rate, 103t

  • Purchases from Fund, 112t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 119t

Niger

  • Exchange rate, 103t 3

  • Purchases from Fund, 112t

  • Quota, 107t

  • SDRs, 119t

  • Stand-by arrangement with Fund, 109t

Nigeria

  • Commercial bank borrowing, 25

  • Exchange rate, 103t

  • Purchases from Fund, 112t

  • Quota, 107t

  • SDRs, 119t

  • Supplementary financing facility, lending for, 116t; repayment by Fund, 116t

Non-Oil Developing Countries

See Developing Countries

Norway

  • Economic policies, 42-43

  • Exchange rate, 42-43, 103t

  • Oil facility subsidy account, contribution to, 89n

  • Output, 5

  • Prices, 8, 43

  • Quota, 107t

  • SDRs, 119t

  • Supplementary financing facility subsidy account, contribution to, 90t

Official Multilateral Lending to Developing Countries

  • Balance of payments adjustment, role in, 56

  • Debt reschedulings, 26, 65, 67, 91-92

  • Fund’s role in promoting, 54

Oil Exporting Countries

See Developing Countries

Oil Facility

  • Charges, rate of, 84

  • Purchases from Fund, 74t, 76c, 84

  • Repayments by Fund, 85 Repurchases from Fund, 80, 113t

  • Subsidy account, 88, 89, 136

Oman

  • Exchange rate, 104t

  • Quota, 107t

  • SDRs, 119t

Organization of Petroleum Exporting Countries (OPEC), 22

Pakistan

  • Exchange rate, 104t

  • Extended arrangement with Fund, 77, 115t

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 112t

  • Quota, 107t

  • SDRs, 119t

  • Supplementary financing facility subsidy account, beneficiary, 911

  • Technical assistance by Fund, 93

Panama

  • Exchange rate, 104t

  • Purchases from Fund, 112t

  • Quota, 107t

  • SDRs, 119t

  • Stand-by arrangement with Fund, 109t

Papua New Guinea

  • Exchange rate, 104t

  • Oil facility subsidy account, beneficiary, 89t

  • Quota, 107t

  • SDRs, 119t

Paraguay

  • Exchange rate, 104t

  • Quota, 107t

  • SDRs, 119t

Peru

  • Exchange rate, 104t

  • Extended arrangement with Fund, 77, 115t

  • Official multilateral debt restructuring, 93

  • Purchases from Fund, 112t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 120t

  • Stand-by arrangement with Fund, 109t

  • Supplementary financing facility subsidy account, beneficiary, 911

Philippines

  • Exchange rate, 104t

  • Extended arrangement with Fund, 115t

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 112t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 120t

  • Stand-by arrangement with Fund, 109t

  • Supplementary financing facility subsidy account, beneficiary, 911

Portugal

  • Compensatory financing facility, use of, 79

  • Economic policies, 48

  • Exchange rate, 48, 104t

  • Prices, 48

  • Purchases from Fund, 9, 112t

  • Quota, 107t

  • SDRs, 120t

  • Stand-by arrangement with Fund, 76, 109t

Publications of Fund, 52, 54, 92, 94, 95,123t

Qatar

  • Exchange rate, 104t

  • Quota, 107t V

  • SDRs, 120t

Quotas of Fund Members

  • Eighth General Review, 60, 72, 74, 80, 81, 85, 108t

  • Increases, 60, 71, 72, 74, 75, 80, 81, 85

  • List of increases, 1983 and 1984, 106t

  • Payment in SDRs, 75, 87, 117t

  • Saint Christopher and Nevis, quota established, 74

  • Seventh General Review, 74

Reserve Tranche

  • Attribution of reduction in Fund’s currency holdings, 141

  • Positions of members, 75, 77t

  • Purchases from Fund, 75, 77t

Romania

  • Exchange rate, 104t Official multilateral debt restructuring, 93

  • Purchases from Fund, 76, 112t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 120t

  • Stand-by arrangement with Fund, 76, 109t

Rwanda

  • Exchange rate, 104t

  • Quota, 107t

  • SDRs, 120t

Saint Christopher and Nevis

  • Membership in Fund, application for, 74

  • Quota, 74

St. Lucia

  • Exchange rate, 104t

  • Purchases from Fund, 112t

  • Quota, 107t

  • SDRs, 120t

St. Vincent and the Grenadines

  • Exchange rate, 104t

  • Quota, 107t

  • SDRs, 120t

São Tomé and Principe

  • Exchange rate, 104t

  • Purchases from Fund, 112t

  • Quota, 107t

  • SDRs, 120t

Saudi Arabia

  • Exchange rate, 104t

  • General Arrangements to Borrow, associated borrowing agreement with, 80, 81—82; lending in association with, 71, 72, 140

  • International reserves, 60

  • Oil facility subsidy account, contribution to, 89n

  • Quota, 107t SDRs, 120

  • Supplementary financing facility, lending for, 116t; repayment by Fund, 116t

  • Supplementary financing facility subsidy account, contribution to, 90t

  • SDRs

  • Allocations, 71, 73, 118t

  • Assessments, use in payment of, 117t, 118t

  • Assets denominated in, 82, 88, 90

  • Borrowing by members, 75

  • Charges, 73, 86, 117t, 118t

  • Executive Board decision on usage of term “SDR,” 85n, 128

  • Holdings: by Fund, 77t, 80, 87, 117t, 130; by General Resources Account, 87; by members, 59-60, 86-87, 88, 117t, 118t

  • Interest rate on, 73, 83, 84t, 85-86, 117t, 128

  • Prescribed holders, 86

  • Purchases from Fund, 111t, 117t

  • Quota increases, use in payment of, 60, 75, 80-81, 85, 86, 87, 117t

  • Reconstitution, 117t

  • Remuneration paid to Fund members, 117t

  • Repayment of lenders by Fund, use in, 88

  • Replenishment of currencies, use in, 117t

  • Repurchases from Fund, 87, 117t

  • Reserve asset, role as, 73

  • Role in international economy, 71

  • Transactions and operations, 86-87; summary of, 118t

  • Transfers: among participants and prescribed holders, 117t; by agreement, 86, 117t, 118t; to and from General Resources Account, 87,118t; with designation, 86-87,117t, 118t

  • Uses, 49, 50c, 55, 56, 87, 88

  • Valuation basket, 88

SDR Department

  • Participants, 118t

  • Prescribed holders, 118t

  • Prescribed operations, 117t

  • Transfers: among participants and prescribed holders, 87; by agreement, 117t; with designation, 117t

Senegal

  • Exchange rate, 104t

  • Extended arrangement with Fund, 115t

  • Official multilateral debt restructuring, 93

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 112t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 120t

  • Stand-by arrangement with Fund, 76, 109t

  • Supplementary financing facility subsidy account, beneficiary, 91t

Seychelles

  • Exchange rate, 104t

  • Purchases from Fund, 112t

  • Quota, 107t

  • SDRs, 120t

Sierra Leone

  • Exchange rate, 104t

  • Extended arrangement with Fund, 115t

  • Official multilateral debt restructuring, 93

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 112t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 120t

  • Stand-by arrangement with Fund, 109t

  • Supplementary financing facility subsidy account, beneficiary, 911

Singapore

  • Exchange rate, 104t

  • Quota, 75, 107, 108t(n)

  • SDRs, 120t

Solomon Islands

  • Exchange rate, 104t

  • Purchases from Fund, 112t

  • Quota, 107t

  • SDRs, 120t

  • Stand-by arrangement with Fund, 76, 109t

Somalia

  • Exchange rate, 104t

  • Purchases from Fund, 112t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 120t

  • Stand-by arrangement with Fund, 109t

South Africa

  • Exchange rate, 56, 104t

  • Oil facility subsidy account, contribution to, 89n

  • Quota, 107t

  • Repurchases from Fund, 80, 113t

  • SDRs, 120t

  • Stand-by arrangement with Fund, 109t

Spain

  • Balance of payments, 22

  • Economic policies, 22

  • Employment, 8

  • Exchange rate, 17, 56, 104t

  • Oil facility subsidy account, contribution to, 89n

  • Quota, 107t

  • SDRs, 120t

  • Trade, 22

Special Drawing Rights See SDRs

Special Drawing Rights Department

See SDR Department

Sri Lanka

  • Exchange rate, 104t

  • Extended arrangement with Fund, 115t

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 112t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 120t

  • Stand-by arrangement with Fund, 109t

  • Supplementary financing facility subsidy account, beneficiary, 911

Staff of Fund, 54, 95

Stand-By Arrangements for Fund Members

  • Balance of payments adjustment, role in, 71

  • Borrowed resources, use of, 76, 78

  • Commitments under, 76

  • Enlarged access to Fund resources, use by members, 72

  • In financial year 1983/84, 109t

  • Ordinary resources, use of, 76, 78

  • Overdue payments to Fund, performance criterion, 136

  • Repurchases from Fund, 80

  • Summary of, 1 10t

Sudan

  • Exchange rate, 104t

  • Extended arrangement with Fund, 115t

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 112t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 120t

  • Stand-by arrangement with Fund, 109t

  • Supplementary financing facility subsidy account, beneficiary, 911

Supplementary Financing Facility

  • Borrowing by Fund for, 82, 116t

  • Charges, 84, 116t

  • Establishment, 77

  • Financing, 77

  • Purchases from Fund, 76, 77, 78, 84, 111t

  • Purpose, 77

  • Repayments by Fund to lenders, 82

  • Repurchases from Fund, 80, 113t

  • Subsidy account, 88, 89, 90, 91t

  • Substitution for enlarged access resources, use in, 77-78

  • Switzerland, lending for, 82

suriname

  • Exchange rate, 104t

  • Quota, 107t

  • Purchases from Fund, 112t

  • SDRs, 120t

Surveillance Over Exchange Rate Policies

  • Article IV: obligations of members, 50; consultations’ role in, 54-55, 90

  • Developing countries, 52-53

  • Executive Board decision on, 124

  • Executive Board review of, 51, 74

  • Implementation by Fund, 51-52

  • Industrial countries, 51-52

  • Role of Fund Managing Director in, 54

  • Three principles of, 50

  • World economic outlook exercise’s role in, 54

Swaziland

  • Exchange rate, 104t

  • Purchases from Fund, 112t

  • Quota, 107t

  • SDRs, 120t

Sweden

  • Balance of payments, 22

  • Economic policies, 22, 42-43

  • Exchange rate, 17, 42-43, 104t

  • General Arrangements to Borrow, lending to, 81t

  • Oil facility subsidy account, contribution to, 89n

  • Prices, 43

  • Quota, 107t

  • SDRs, 120t

  • Supplementary financing facility subsidy account, contribution to, 90t

  • Trade, 22

Switzerland

  • Fund, lending to, 77t

  • General Arrangements to Borrow: association with, 81; lending to, 8It; participation in, 71, 80, 81

  • Oil facility subsidy account, lending to, 89

  • Role of franc as reserve currency, 611, 62t, 63

  • SDRs, prescribed holder of, 86, 121t

  • Supplementary financing facility, lending for, 82, 116t; repayment by Fund, 116t

  • Supplementary financing facility subsidy account, contribution to, 90t

Syrian Arab Republic

  • Exchange rate, 104t Purchases from Fund, 112t

  • Quota, 107t

  • SDRs, 120t

Tanzania

  • Compensatory financing facility, use of, 80

  • Exchange rate, 104t

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 112t

  • Quota, 107t

  • Repurchases from Fund, 80, 113t

  • SDRs, 120t

  • Supplementary financing facility subsidy account, beneficiary, 911

Technical Assistance by fund, 74, 92-93, 94-95

Thailand

  • Buffer stock financing facility, use of, 79

  • Exchange rate, 104t

  • Purchases from Fund, 79, 112t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 120t

  • Stand-by arrangement with Fund, 109t

Togo

  • Exchange rate, 104t

  • Purchases from Fund, 112t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 120t

  • Stand-by arrangement with Fund, 109t

  • Supplementary financing facility subsidy account, beneficiary, 911

Trinidad and Tobago

  • Exchange rate, 104t

  • Quota, 107t

  • SDRs, 120t

Trust Fund

  • Repayment by members, 88

  • Termination, 88

Tunisia

  • Exchange rate, 104t

  • Quota, 107t

  • SDRs, 120t

Turkey

  • Exchange rate, 104t

  • Purchases from Fund, 76, 112t

  • Quota, 107t

  • Repurchases from Fund, 113t

  • SDRs, 120t

  • Stand-by arrangement with Fund, 76, 109t

Uganda

  • Exchange rate, 104t

  • Purchases from Fund, 112t

  • Quota, 108t

  • Repurchases from Fund, 113t

  • SDRs, 120t

  • Stand-by arrangement with Fund, 109t

United Arab Emirates

  • Exchange rate, 104t

  • Quota, 75, 108t

  • SDRs, 120t

United Kingdom

  • Balance of payments, 17, 20c, 22, 23t

  • Economic policies, 3, 4, 5t, 30, 39c, 51

  • Employment, 8

  • Exchange rate, 16, 17, 18c, 35, 36c, 56, 64, 104t

  • General Arrangements to Borrow, lending to, 81t

  • Interest rates, 7, 38c, 41c, 64, 84t

  • Oil facility subsidy account, contribution to, 89n

  • Output, 1, 5, 6c, 7t

  • Prices, 7, 8, 21c, 30-31, 38c

  • Quota, 108t

  • Role of pound sterling as reserve currency, 61t, 62t, 63

  • SDRs, 86, 87, 120t

  • Use of pound sterling as currency peg, 50c

United States

  • Balance of payments, 15, 16, 17, 19, 20c, 23t, 35, 65

  • Commercial bank deposits, 69

  • Commercial bank lending, 69

  • Economic policies, 3, 4, 5, 16, 30, 35, 37, 39c, 40, 51

  • Employment, 8

  • Exchange rate, 11, 15-16, 17, 18c, 35, 36c, 40, 42, 44, 48, 49, 55, 56, 61, 63, 64, 65, 88, 104t

  • General Arrangements to Borrow, borrowing from, 81; lending to, 81t

  • Interest rates, 1, 3, 5, 16-17, 30, 34, 38c, 40, 41c, 61, 64, 84t

  • International reserves, 58, 60

  • Output, 1, 4, 5, 6c, 7t, 8

  • Prices, 3c, 5, 7t, 8, 19, 21c, 37, 38c

  • Quota, 108t

  • Role of dollar as reserve currency, 61, 62t, 63,65

  • SDRs, 87, 120t

  • Supplementary financing facility, lending for, 116t; repayment by Fund, 116t

  • Trade, 7, 19, 52

  • Use of dollar as currency peg, 50c

Upper Volta

  • Exchange rate, 104t

  • Quota, 108t

  • SDRs, 120t

Uruguay

  • Economic policies, 47, 48

  • Exchange rate, 47, 48, 104t

  • Prices, 47, 48

  • Purchases from Fund, 112t

  • Quota, 108t

  • SDRs, 120t

  • Stand-by arrangement with Fund, 109t

Vanuatu

  • Exchange rate, 104t

  • Quota, 108t

  • SDRs, 120t

Venezuela

  • Balance of payments, 47

  • Commercial bank borrowing, 25

  • Exchange rate, 47, 104t

  • Oil facility subsidy account, contribution to, 89n

  • Quota, 108t

  • SDRs, 120t

  • Supplementary financing facility, lending for, 116t; repayment by Fund, 116t

Viet Nam

  • Exchange rate, 104t

  • Purchases from Fund, 112t

  • Quota, 108t

  • Repurchases from Fund, 113t

  • SDRs, 120t

Western Samoa

  • Compensatory financing facility, use of, 79

  • Exchange rate, 104t

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 79, 112t

  • Quota, 108t

  • Repurchases from Fund, 113t

  • SDRs, 120t

  • Stand-by arrangement with Fund, 109t

World Bank

  • Fund relations with, 53, 72, 93, 94

  • International Development Association, eligibility for assistance from, 90

  • SDRs: prescribed holder of, 86; use as unit of account, 88n

Yemen Arab Republic

  • Exchange rate, 105t

  • Quota, 108t

  • SDRs, 120t

Yemen, People’s Democratic Republic of

  • Exchange rate, 105t

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 112t

  • Quota, 108t

  • Repurchases from Fund, 113t

  • SDRs, 120t

Yugoslavia

  • Commercial bank borrowing, 67

  • Exchange rate, 44, 105t

  • Oil facility subsidy account, contribution to, 89n

  • Purchases from Fund, 76, 112t

  • Quota, 108t

  • Repurchases from Fund, 114t

  • SDRs, 120t

  • Stand-by arrangement with Fund, 109t

Zaïre

  • Compensatory financing facility, use of, 79

  • Exchange rate, 105t

  • Extended arrangement with Fund, 115t

  • Official multilateral debt restructuring, 93

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 79, 112t

  • Quota, 108t

  • Repurchases from Fund, 114t

  • SDRs, 120t

  • Stand-by arrangement with Fund, 109t

Zambia

  • Compensatory financing facility, use of, 79

  • Exchange rate, 105t

  • Extended arrangement with Fund, 115t

  • Official multilateral debt restructuring, 93

  • Oil facility subsidy account, beneficiary, 89t

  • Purchases from Fund, 79, 112t

  • Quota, 108t

  • Repurchases from Fund, 114t

  • SDRs, 120t

  • Stand-by arrangement with Fund, 109t

  • Supplementary financing facility subsidy account, beneficiary, 91t

Zimbabwe

  • Buffer stock financing, use of, 79

  • Exchange rate, 105t

  • Purchases from Fund, 79, 112t

  • Quota, 108t

  • SDRs, 121t

  • Stand-by arrangement with Fund, 109t

Selected Decisions of the International Monetary Fund and Selected Documents, Tenth Issue (Washington, 1983), pages 10-14.

Selected Decisions of the International Monetary Fund and Selected Documents, Tenth Issue (Washington, 1983), pages 40-45.

See page 144 below

Selected Decisions of the International Monetary Fund and Selected Documents, Tenth Issue (Washington, 1983), pages 40-45.

Ibid.

Ibid., pages 48-57.

Ibid.

Selected Decisions of the International Monetary Fund and Selected Documents, Tenth Issue (Washington, 1983), pages 61-64.

Ibid., pages 65-70.

Ibid., pages 70-71.

See Decision No. 7337-(83/37), Selected Decisions of the International Monetary Fund and Selected Documents, Tenth Issue (Washington, 1983), pages 131-45.

See Decision No. 7403-(83/73), Selected Decisions of the International Monetary Fund and Selected Documents, Supplement to Tenth Issue (Washington, 1984), pages 20-25.

Selected Decisions of the International Monetary Fund and Selected Documents, Tenth Issue (Washington, 1983), pages 58 and 299.

Ibid., page 108.

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