Back Matter

Back Matter

Author(s):
International Monetary Fund
Published Date:
January 1988
Share
  • ShareShare
Show Summary Details

Index

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

ABU DHABI

  • Supplementary financing facility, 97t

AFGHANISTAN

  • Exchange arrangements, 87t
  • SDRs, 100t

AFRICA

  • Balance of payments, 27t, 30
  • Capital formation, 13c
  • Debt, 33–34;
    • and debt-service ratios, 33t;
    • debt-to-export ratios, 33;
    • outstanding, 217t
  • Exchange rates, 25c
  • Inflation, 15
  • Investment, 13
  • Living standards, 11, 13c
  • Output, 12, 13c, 217t
  • Prices, 15t
  • Purchases from Fund, 54t
  • Sub-Saharan countries, 1,8, 12, 15t, 29c, 30, 217t
  • Trade: exports, 12, 17, 30, 217t;
    • imports, 17c, 30

ALGERIA

  • Classification by Fund, 216
  • Exchange arrangements, 87t
  • SDRs, 100t
  • Technical assistance by Fund, 82

ANTIGUA AND BARBUDA

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • SDRs, 100t

ARGENTINA

  • Article VIII obligations, acceptance of, 107t
  • Bank lending to, 19
  • Exchange arrangements, 87t
  • Financing innovations, 45, 46
  • Inflation, 9
  • Output, 12
  • Purchases from Fund, 72, 73, 90t
  • Repurchases from Fund, 55, 93t
  • SDRs, l00t
  • Stand-by arrangement with Fund, 73, 89t, 182t

ARTICLES OF AGREEMENT

  • Article III, Section 2(a), review of quotas, 58,138–39
  • Article IV, consultations with members, 37–40, 43–44, 109
  • Article IV, Section 3(b), surveillance over exchange rate policies, 35, 35n, 109
  • Article VII, Section 1, borrowing by the Fund, 134
  • Article VIII, members accepting obligations of, 107t
  • Article XVII, Section 3, use of SDRs in payment of Trust Fund obligations, 135
  • Article XVIII, Section 1(a), global need for reserves, 53
  • Article XXVI, Section 2(a), ineligibility to use general resources, 57

ASIA

  • Balance of payments, 27t, 29c, 30;
    • of newly industrializing economies, 9, 25, 30
  • Capital formation, 13c
  • Debt, 30, 33;
    • and debt-service ratios, 33t;
    • outstanding, 217t
  • Exchange rates, 25c
  • Inflation, 15
  • Living standards, 11, 13c
  • Output, 11, 12t, 217t
  • Prices, 15t, 21c
  • Purchases from Fund, 54t
  • Trade: balances, 29c;
    • exports, 17, 30, 217t;
    • imports, 17, 17c, 30

AUSTRALIA

  • Article VIII obligations, acceptance of, 107t
  • Balance of payments, 6, 11, 28
  • Equity prices, 21c(n)
  • Exchange arrangements, 87t
  • Exchange rates, effective, 25t
  • Fiscal policy, 28
  • Output, 28
  • SDRs, 100t

AUSTRIA

  • Article VIII obligations, acceptance of, 107t
  • Balance of payments, 6
  • Equity prices, 21e(n)
  • Exchange arrangements, 87t
  • Inflation, 14
  • SDRs, 100t
  • Supplementary financing facility, 97t

BAHAMAS, THE

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • SDRs, 100t

BAHRAIN

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • SDRs, 100t

BANGLADESH

  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Purchases from Fund, 90t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Structural adjustment facility, arrangement with Fund, 98t, 182t
  • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t

BANK FOR INTERNATIONAL SETTLEMENTS (BIS)

  • Borrowing agreements with Fund, 75
  • Borrowed Resources Suspense Accounts, deposits in, 75, 170
  • Prescribed holder of SDRs, 76n, 103t
  • Supplementary Financing Facility Subsidy Account, resources of, 79

BARBADOS

  • Exchange arrangements, 87t
  • Repurchases from Fund, 93t
  • SDRs, 100t

BELGIUM

  • Article VIII obligations, acceptance of, 107t
  • Balance of payments, 6
  • Equity prices, 21c(n)
  • European Monetary System, 23
  • Exchange arrangements, 87t
  • Exchange rates, effective, 25t
  • Inflation, 14
  • SDRs, 100t
  • Supplementary financing facility, 97t

BELIZE

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • Repurchases from Fund, 93t
  • SDRs, 100t

BENIN

  • Exchange arrangements, 87t
  • SDRs, 100t

BHUTAN

  • Exchange arrangements, 87t
  • SDRs, 100t

BOARD OF GOVERNORS

  • Interim Committee on the International Monetary System (Interim Committee): communiqués, 140–50
  • Joint Ministerial Committee of the Bank and the Fund on the Transfer of Real Resources to Developing Countries (Development Committee): communiqués, 151–55
  • Quotas, Ninth General Review, 58, 138;
    • Executive Board Report, 58, 138–39
  • Resolution on quota increase, proposed, 58, 58n, 139

BOLIVIA

  • Article VIII obligations, acceptance of, 107t
  • Debt buy-back scheme, 46
  • Exchange arrangements, 87t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t
  • Structural adjustment facility, arrangement with Fund, 98t, 182t
  • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t
  • Voluntary Contribution Accounts, use of, 199, 200

BORROWING BY FUND

  • Bank for International Settlements, 75
  • Enlarged access to Fund resources, 74–75, 96t, 174, 181
  • General Arrangements to Borrow, 75, 96t, 134–35, 174–75
  • Guidelines for, 174–75
  • Interest on, 99t
  • Japan, arrangement with, 75, 96t, 174
  • Oil facility, in connection with, 96t
  • Repayment of, 75, 97t, 181t
  • Saudi Arabian Monetary Agency, 75, 133–35
  • Supplementary financing facility, 75, 97t, 174

BOTSWANA

  • Exchange arrangements, 87t
  • SDRs, 100t

BRAZIL

  • Debt conversion, 46
  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Inflation, 9, 12
  • Interest payments, suspension of, 44
  • Output, 12
  • Paris Club debt rescheduling agreement, 47
  • Repurchases from Fund, 93t
  • SDRs, 100t

BUDGET OF THE FUND, 164

BUFFER STOCK FINANCING FACILITY

  • Access limits, 56
  • International Natural Rubber Agreement, 74
  • Purchases by members, 74, 95t, 96t, 180t
  • Purpose, 74, 169
  • Repurchases by members, 93t
  • Use of Fund credit, 95t

BURKINA FASO

  • Exchange arrangements, 87t
  • SDRs, 100t

BURMA

  • Exchange arrangements, 87t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Technical assistance by Fund, 84

BURUNDI

  • Exchange arrangements, 87t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t
  • Structural adjustment facility, arrangement with Fund, 98t, 182t

CAMEROON

  • Exchange arrangements, 87t
  • SDRs, 100t

CANADA

  • Article VIII obligations, acceptance of, 107t
  • Balance of payments, 5t, 26c, 27t, 28, 39
  • Deficit, fiscal, 6, 28, 39
  • Economic policies, 2, 3, 39
  • Equity prices, 21c(n)
  • Exchange arrangements, 87t
  • Exchange rates, effective, 23, 24c
  • Fiscal policy, 5t, 39
  • Group of Seven, 2–3, 4, 6, 22, 36, 37, 42
  • Inflation, 14, 14c, 39
  • Interest rates, 7c
  • Louvre Accord, 2–3, 4, 6, 21, 22, 36, 37
  • Monetary policy, 39;
    • aggregates, 6t
  • Output, 6t, 10, 10t, 28, 39
  • Prices, 10t, 14c, 39, 21c(n)
  • SDRs, 100t;
    • transactions with designation, 77
  • Supplementary financing facility, 97t
  • Trade, 28, 39;
    • agreement with United States, 39;
    • terms of, 28
  • Unemployment, 11

CAPE VERDE

  • Exchange arrangements, 87t
  • SDRs, 100t

CAPITAL EXPORTING COUNTRIES

  • See DEVELOPING COUNTRIES

CAPITAL IMPORTING COUNTRIES

  • See DEVELOPING COUNTRIES

CAPITAL IMPORTING FUEL EXPORTERS

  • See DEVELOPING COUNTRIES, OTHER

CAPITAL MARKETS

  • Access of developing countries to, 30, 31, 31t, 32
  • Balance of payments adjustment, financing of, 30–31
  • Capital formation, 13, 13c
  • Deregulation of, 8
  • Exchange rate effects on, 22, 23, 24c
  • Eurocurrency markets, 67–71
  • Growth of, 18–19
  • International bond markets, 19
  • International liquidity, role in providing, 52
  • Liberalization of, 39

CENTRAL AFRICAN REPUBLIC

  • Exchange arrangements, 87t
  • Purchases from Fund, 90t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t, 182t
  • Structural adjustment facility, arrangement with Fund, 98t, 182t

CHAD

  • Exchange arrangements, 87t
  • SDRs, 100t
  • Structural adjustment facility, arrangement with Fund, 98t, 182t

CHILE

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 73, 92t, 182t
  • Purchases from Fund, 90t
  • Repurchases from Fund, 93t
  • SDRs, 100t

CHINA

  • Classification by Fund, 215
  • Exchange arrangements, 87t
  • Output, 9, 12
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t
  • Structural adjustment facility, eligibility for assistance and intention not to use, 50, 75
  • Technical assistance by Fund, 83, 84

CLASSIFICATION OF COUNTRIES, 213–17

COLOMBIA

  • Exchange arrangements, 87t
  • SDRs, 100t

COMMERCIAL BANK LENDING TO DEVELOPING COUNTRIES

  • Capital importing countries, 31t
  • Debt: amount outstanding, 217t;
    • capital importing countries’, 217t;
    • debt and debt-service ratios, 33t;
    • situation and strategy, 44–47
  • Decline in, 44–45
  • Fund’s role in promoting, 45
  • Indebted countries, 45–46
  • List of heavily indebted countries, 216
  • Multiyear restructuring agreements (MYRAs), 45

COMOROS

  • Exchange arrangements, 87t
  • SDRs, 100t

COMPENSATORY FINANCING FACILITY

  • Access limits, 50, 56
  • Contingency component, 49–50;
    • purpose of, 49–50;
    • access limits, 50
  • General resources of Fund, use of, 55c
  • Purchases by members, 55, 72–74, 88t, 90t, 96t
  • Purpose, 49–50, 169
  • Repurchases by members, 93t
  • Use of Fund credit, 95t

COMPENSATORY AND CONTINGENCY FINANCING FACILITY

  • Access limits, 50, 56
  • Contingency mechanism, 49–50;
    • Executive Board review of, 49
  • Purpose, 4, 49–50

CONDITIONALLY

  • Current issues in, 48
  • Guidelines on, 48n, 49
  • Implementation of, 48–49
  • Review of, 47–48, 48n, 49
  • Role of Fund in, 47–49
  • Structural adjustment facility, in connection with, 117;
    • collaboration with World Bank, 76

CONGO

  • Exchange arrangements, 87t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t

CONSULTATIONS WITH FUND MEMBERS, 35–37, 39–43, 44, 109

  • Focus of, 35–37, 39–40
  • Frequency of, 35, 43, 44;
    • bi-cyclic procedure, 43–44, 109
  • Guidelines for, 43;
    • modifications in, 43–44
  • Indicators, use of, in, 42–43
  • Managing Director’s role in, 44, 109
  • Reports on, interim, 44
  • Staff’s role in, 35, 43–44
  • Streamlining of consultation process, 44
  • Trade issues, coverage of, 39–41
  • World Economic Outlook exercise and, 35–36

COSTA RICA

  • Article VIII obligations, acceptance of, 107t
  • Debt conversion, 46
  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t, 182t

CÔTE D’lVOIRE

  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Interest payments, suspension of, 44
  • Purchases from Fund, 74, 90t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t, 182t
  • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t

COUNTRIES, CLASSIFICATION OF

  • See CLASSIFICATION OF COUNTRIES

COUNTRIES WITH DEBT-SERVICING PROBLEMS

  • See DEVELOPING COUNTRIES

COUNTRIES WITHOUT DEBT-SERVICING PROBLEMS

  • See DEVELOPING COUNTRIES

CREDIT TRANCHE

  • Purchases from Fund, 55, 72, 88t, 90t, 96t, 169
  • Repurchases from Fund, 93t

CYPRUS

  • Exchange arrangements, 87t
  • SDRs, 100t

DENMARK

  • Article VIII obligations, acceptance of, 107t
  • Balance of payments, 6, 28
  • Equity prices, 21c(n)
  • European Monetary System, 23
  • Exchange arrangements, 87t
  • Exchange rates, effective, 25t
  • Output, 28
  • SDRs, 100t

DEVELOPING COUNTRIES

  • Arrears, 32, 44, 56–57
  • Balance of payments, 1, 4, 8, 25, 27t, 28, 29–30, 29c, 31
  • Capital formation, 13c;
    • markets, 18–19
  • Classification, 213–17
  • Commercial bank borrowing, 4, 19 30–33
  • Debt, 4, 8, 30–33, 32c;
    • debt-to-export ratio, 4, 9, 30–33, 32c;
    • and debt-service ratios, 32–33, 33t;
    • outstanding, 33, 217t;
    • rescheduling, 46–47
  • Deficits, fiscal, 8, 9, 40
  • Economic situation and policies, 8–9, 11–13
  • Exchange rates, effective, 23, 25c, 40
  • Financing, 8, 30, 31t, 32, 45–46;
    • innovations in, 46
  • Ineligibility to use Fund resources, 57
  • Inflation, 4, 15, 15t, 36, 40
  • International bonds, 19
  • International reserves, 19–20, 22t, 65, 66t, 68t
  • Living standards, 11, 13c
  • Monetary policies, 15
  • Output, 1, 11–13, 12t, 28–30, 29c, 217t
  • Prices: consumer, 15t;
    • non-oil primary commodity, 17–18, 18c, 36;
    • oil, 18c
  • Purchases from Fund, 54t, 72–74, 105t
  • Reserves, 19, 20, 31, 65
  • SDRs, holdings of, 104t
  • Trade: balance, 29, 29c;
    • exports, 8–9, 12t, 16t, 17, 28–30, 29c, 217t;
    • imports, 16t, 17c;
    • liberalization, 40;
    • terms of, 16t, 28–30
  • Capital Exporting Countries
    • Balance of payments, 8
    • Classification, 215, 216
    • Debt, outstanding, 217t
    • Financing, 30–32, 31t
    • Output, 217t
    • SDRs, holdings of, 104t
    • Trade: exports, 217t
  • Capital Importing Countries
    • Balance of payments, 8
    • Classification, 215–16
    • Debt: and debt-service ratios, 33t;
      • outstanding, 217t
    • Deficits, fiscal, 31t
    • Financing, 31t, 32
    • International reserves, 31t, 65, 66t
    • Output, 217t
    • SDRs, holdings of, 104t
    • Trade: exports, 217t;
      • imports, 17c
    • Use of Fund credit, 31t
  • Diversified Borrowers
    • Classification, 216
    • Debt, outstanding, 217t
    • Output, 217t
    • Trade: exports, 217t
  • Market Borrowers
    • Balance of payments, 27t
    • Classification, 215
    • Debt, outstanding, 217t
    • Output, 217t
    • Trade: exports, 217t
  • Official Borrowers
    • Balance of payments, 27t
    • Classification, 215–16
    • Debt: and debt-service ratios, 33t;
      • outstanding, 217t
    • Output, 217t
    • Trade: exports, 217t
  • Countries with Debt-Servicing Problems
    • Debt: and debt-service ratios, 33t;
      • debt stocks and debt-to-export ratios, 32c;
      • outstanding, 217t
  • Definition, 216
  • Financing, 4, 32
  • Output, 12t, 217t
  • SDRs, holdings of, 104t
  • Trade: exports, 217t;
    • imports, 17c
  • Countries without Debt-Servicing Problems
    • Debt: debt stocks and debt-to-export ratios, 32c;
      • outstanding, 217t
  • Definition, 216
  • Financing, 4, 32
  • Output, 217t
  • SDRs, holdings of, 104t
  • Trade: exports, 217t;
    • imports, 17c
  • Fuel Exporters
    • Balance of payments, 8, 27t, 28–29, 29c, 31
    • Classification, 214
    • Debt, outstanding, 217t
    • Economic policies, 11, 28
    • Output, 1, 11–12, 12t
    • Reserves, 31
    • Trade: balance, 29c;
      • exports, 16t, 17, 29c, 217t;
      • imports, 16t, 17;
      • terms of, 16t
  • Non-Fuel Exporters
    • Balance of payments, 27t, 29, 29c, 30
    • Debt, outstanding, 217t
    • Definition, 214
    • Output, 1, 12t, 28, 217t
    • Trade: balance, 29c;
      • exports, 16t, 17, 29c, 217t;
      • imports, 16t;
      • terms of, 16t, 29
  • Exporters of Manufactures
    • Balance of payments, 31
    • Classification, 215
    • Debt, outstanding, 217t
    • Deficits, fiscal, 9
    • Output, 1, 12t, 217t
    • Reserves, 31
    • Trade: exports, 30, 217t;
      • imports, 17c
  • Primary Product Exporters
    • Balance of payments, 8
    • Classification, 214
    • Debt, outstanding, 217t
    • Deficit, fiscal, 9
    • Financing, 30
    • Output, 12t, 17, 217t
    • Trade: exports, 217t;
      • terms of, 30
  • Agricultural exporters
    • Debt, outstanding, 217t
    • Definition, 214
    • Output, 217t
    • Trade: exports, 217t
  • Mineral exporters
    • Classification, 214
    • Debt, outstanding, 217t
    • Output, 217t
    • Trade: exports, 217t
  • Service and Remittance Countries
    • Classification, 215
    • Debt, outstanding, 217t
    • Output, 12t, 217t
    • Trade: exports, 217t
  • Non-Oil Developing Countries
    • Classification, 217
    • Debt, outstanding, 217t
    • Economic policies, 17
    • Output, 217t
    • Prices, oil, 17
    • Trade: exports, 217t
  • Oil Exporting Countries
    • Classification, 216, 216n, 217
    • Debt, outstanding, 217t
    • Output, 217t
    • Prices, oil, 17, 18c
    • Trade: exports, 217t;
      • terms of, 17

DEVELOPING COUNTRIES, OTHER

  • Capital Importing Fuel Exporters Classification, 216
  • Debt, outstanding, 217t
  • Output, 217t
  • Trade: exports, 217t;
    • imports, 17c
  • Heavily Indebted Countries
  • Arrears, payments, 44
  • Classification, 216
  • Debt: debt stocks and debt-to-export ratios, 32c;
    • outstanding, 4, 217;
    • strategy, 4, 45
  • Economic policies, 4
  • Financing, 1, 4, 45–46;
    • innovations in, 45, 46
  • Investment, 45
  • Output, 12t, 217t
  • Stand-by and extended arrangements, 49
  • Trade: exports, 17, 217t;
    • imports, 17c
  • Small Low-Income Countries Classification, 216
  • Debt: burden, 4, 33;
    • debt stocks and debt-to-export ratios, 32c;
    • outstanding, 217t
  • Financing, 45;
    • role of Fund and World Bank in, 47, 48–51;
    • structural adjustment facility and enhanced structural adjustment facility in, 32, 50–51
  • Output, 217t
  • Paris Club debt rescheduling agreements, 46–47
  • Stand-by and extended arrangements, 49
  • Structural adjustment facility, assistance under, 50;
    • enhanced structural adjustment facility, 50–51
  • Trade: exports, 217t;
    • imports, 17c
  • Sub-Saharan Africa Balance of payments, 1, 29c, 30
  • Classification, 216
  • Debt, outstanding, 217t
  • Deficit, fiscal, 30
  • Financing, 8
  • Living standards, 11
  • Output, 1, 12, 12t, 217t
  • Prices, 8, 15t
  • Trade: balance, 29c;
    • exports, 12, 217t;
    • terms of, 12, 30

DEVELOPMENT COMMITTEE Communiqués, 151–55

DIVERSIFIED BORROWERS

  • See DEVELOPING COUNTRIES

DJIBOUTI

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • SDRs, 100t

DOMINICA

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Structural adjustment facility, arrangement with Fund, 98t, 182t
  • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t

DOMINICAN REPUBLIC

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Repurchases from Fund, 93t
  • SDRs, 100t

ECUADOR

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • Exchange rates, 25
  • Financing innovations, 46
  • Interest payments, suspension of, 44
  • Purchases from Fund, 90t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t, 182t

EGYPT

  • Classification by Fund, 213
  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Paris Club debt rescheduling agreement, 47
  • Purchases from Fund, 90t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 73, 89t, 182t

EL SALVADOR

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • Repurchases from Fund, 93t
  • SDRs, 100t

ENHANCED STRUCTURAL ADJUSTMENT FACILITY

  • Access to resources, 130–32, 133
  • Assistance to low-income countries, 4, 32, 50, 119
  • Borrowing for, 122–23, 197
  • Establishment, 47, 50, 76, 119
  • Executive Board Decisions on, 119–33
  • Fund-Bank collaboration, 50–51
  • Loans: framework for lending, 130–31;
    • terms and conditions of, 129–30
  • Managing Director’s summary, 128–32
  • Operation, 196–97
  • Policy framework papers, requirement of, 50–51, 115–116, 130;
    • seminar on, 51
  • Purpose, 50, 196
  • Resources, 195t;
    • transfer of, 132
  • Trust: access to resources, 133;
    • administration, 127–28;
    • establishment, 119;
    • Fund as Trustee, 120, 133;
    • loans, 120–22, 129–31;
    • purpose, 120;
    • Trust instrument, 120–27

ENLARGED ACCESS TO FUND RESOURCES

  • Access limits, modification, 56, 109
  • Borrowed Resources Suspense Accounts, 170
  • Borrowing by Fund for, 74–75, 96t, 174, 181
  • Charge, rate of, 80
  • Executive Board Decisions, 109–110
  • Extension of, 109
  • Fund’s general resources, use of, 55c
  • Ordinary and borrowed resources, use of, 110
  • Purchases from Fund, 90t, 180t
  • Purpose, 170
  • Repayments of Fund borrowing, 181t
  • Repurchases from Fund, 93t
  • Use of Fund credit, 95t

EQUATORIAL GUINEA

  • Exchange arrangements, 87t
  • SDRs, 100t

EQUITY MARKETS, 6, 8, 20–21, 21c

ETHIOPIA

  • Exchange arrangements, 87t
  • Repurchases from Fund, 93t
  • SDRs, 100t

EUROPE

  • Balance of payments, developing countries, 27t, 29c
  • Capital formation, 13c
  • Debt: and debt-service ratios, developing countries, 33t;
    • outstanding, 217t
  • European Monetary System, 23
  • Exchange rates, 25c
  • Inflation, 14
  • Interest rates, 8, 23
  • Living standards, developing countries, 13c
  • Output, developing countries, 12t, 13c, 217t
  • Prices, 15t, 21c
  • Purchases from Fund, developing countries, 54t
  • Trade: balance, developing countries, 29c;
    • exports, 12, 20, 217t;
    • imports, 17c
  • Unemployment, 8, 11, 11c

EUROPEAN MONETARY SYSTEM (EMS)

  • European currency units (ECUs), role as reserve currency, 67–70, 69t, 70, 71t
  • European Monetary Cooperation Fund, 67, 70, 70n
  • Exchange rates, 23;
    • realignment, 23
  • Gold holdings, 67, 70, 70n
  • Participants, currencies of, 23

EXCHANGE MARKETS

  • Fluctuations in, 52
  • Official intervention, 19, 22, 23, 52
  • Plaza Accord, 22

EXCHANGE RATES

  • Adjustment, 15, 16, 20
  • Arrangements, 25, 40, 87t
  • Balance of payments, effect on, 22, 36
  • Currency preferences, effect on, 1, 4
  • Depreciation of U.S. dollar and, 19, 22, 32
  • Effective: in developing countries, 23, 25c;
    • in major industrial countries, 24c;
    • in smaller industrial countries, 25t
  • European Monetary System, 23
  • Interest rates and, 20, 23c
  • List as of March 1988, 87t
  • Plaza Accord, 22
  • Policies, 22
  • Prices, effect on, 15
  • Realignment, 4, 22, 23
  • Trade imbalances, effect on, 4
  • See also SURVEILLANCE OVER EXCHANGE RATE POLICIES and individual countries

EXECUTIVE BOARD

  • Arrears, consideration of measures on, 54, 57
  • Article IV consultations: conclusions, 37–40;
    • modifications, 43–44;
    • procedures, 43–44;
    • review of guidelines, 43
  • Changes in membership of, 160
  • Collaboration with World Bank, 51
  • Commodity price indices, use of, 43
  • Compensatory financing facility, review of, 49–50;
    • external contingency component, 49–50
  • Conditionality, review of guidelines, 47–49
  • Enhanced structural adjustment facility, establishment of, 50;
    • policy framework paper, 50–51
  • Enhanced surveillance procedures, 45
  • Extended Fund facility, reconsideration of, 49
  • Financial position of the Fund, measures for strengthening, 57
  • Financing, recent innovations in, 46
  • Indicators, analysis of, 42–43
  • List of Executive Directors and voting power, 156
  • Monitoring of Fund-supported programs, 35, 48–49;
    • adjustment programs for poverty, 48;
    • structural reforms in, 48
  • Policy coordination, promotion of, 35–37, 42
  • Quotas, report to Board of Governors, 58, 138;
    • Committee of the Whole, 58;
    • proposed resolution, 58, 138–39
  • SDRs, discussion of allocations, 53;
    • review of issues relating to, 53
  • Structural adjustment facility, first review of, 50, 114–18
  • Surveillance over exchange rate policies, review of implementation, 44, 108
  • Trade policy, review of, 40–41
  • World economy, review of, 2–3, 35–37, 43;
    • focus on indicators, 42–43
  • See also EXECUTIVE BOARD DECISIONS

EXECUTIVE BOARD DECISIONS

  • Article IV consultation procedures, 109;
    • change in cycles, 109
  • Borrowed resources, greater use of, 72n
  • Borrowing agreement with Saudi Arabian Monetary Agency, proposed renewal, 133–34
  • Burden sharing: implementation of, 112;
    • principles of, 112
  • Charges, rate of, 57, 57n, 137–38;
    • retroactive reductions in, 57, 57n, 138
  • Conditionality, guidelines on, 48n
  • Enhanced structural adjustment facility, 119–33: access to resources, 133;
    • administration, 118;
    • establishment, 76n, 119;
    • interest on loans, 133;
    • Trust established, 119;
    • Trust instrument, 119–28
  • Enlarged access to Fund resources: extension of period and access limits, 109;
    • lengthening of program period for extended arrangements, 109;
    • use of ordinary and borrowed resources, 110
  • Extended arrangements, period of, 109
  • Extended Fund facility, establishment of, 73n
  • Fund’s income position: additions to Special Contingent Account and disposition of amounts, 111–12;
    • burden sharing, 112–13;
    • establishment of Special Contingent Account, 111;
    • income target, 112;
      • rate of charge, determination of, 112;
    • review of income position, 113
  • General Arrangements to Borrow, Sixth Renewal, 56n, 75n, 133
  • General Resources Account, SDR holdings in, 76n
  • Multiple currency practices, application to capital transactions, 110
  • Overdue financial obligations to the Fund: eligibility for subsidy payment, 79n;
    • medium of payment, 110;
    • special charges, 79n, 110;
    • Special Contingent Account, 111
  • Quotas, Ninth General Review, proposed Resolution, 138–39
  • Remuneration, rate of, 57n, 137–38
  • SDRs: level of Fund’s holdings, 76, 76n;
    • use in payment of Trust Fund obligations, 135
  • Special Contingent Account, establishment of, 57, 111;
    • additions and disposition of amounts, 57, 57n, 111
  • Structural adjustment facility, 114–18: administration, 114;
    • amendment, 118;
    • amounts of assistance, 114;
    • review of, 114–18, 119
  • Supplementary Financing Facility Subsidy Account: payments to members, 136, 137t;
    • resources of, 79n
  • Surveillance over exchange rate policies, 35n: amendment and review of document, 108;
    • review of implementation, 108–109
  • Transfer of resources for Enhanced Structural Adjustment Facility Trust, 132
  • Trust Fund, 135: interest payments, means of, 135;
    • repayment of principal, 135

EXPORTERS OF MANUFACTURES

  • See DEVELOPING COUNTRIES

EXTENDED FUND FACILITY

  • Access limits, 49, 56
  • Arrangements under, 54t, 92t, 182t
  • Borrowed resources, use of, 92t
  • Duration, 49,109
  • Enlarged access to Fund resources, use by members, 55c
  • Executive Board decisions, 73n, 109
  • Ordinary resources, use of, 55c
  • Purchases by members, 73, 88t, 96t, 182t
  • Purpose of, 170
  • Repurchases by members, 93t
  • Use of Fund credit, 95t, 172t

EXTERNAL RELATIONS OF FUND, 85–86

FIJI

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • Repurchases from Fund, 93t
  • SDRs, 100t

FINANCES OF FUND

  • Administered accounts, 78–79, 169–71
  • Arrears, members in, 56–57, 57t
  • Borrowed Resources Suspense Accounts, 75, 170
  • Burden sharing, principles of, 112
  • Financial statements, 165–212
  • Income, 57–58, 79–80;
    • target, 57, 80, 112
  • Overdue obligations, examination of, 79;
    • Executive Board Decisions, 111–14
  • Reserves, 57–58, 112
  • Special Contingent Account, 57, 111
  • Special Disbursement Account, 75–76, 114, 132, 182t
  • See also GENERAL RESOURCES ACCOUNT TRANSACTIONS

FINLAND

  • Article VIII obligations, acceptance of, 107t
  • Balance of payments, 6
  • Exchange arrangements, 87t
  • Exchange rates, effective, 25t
  • SDRs, 100t

FRANCE

  • Article VIII obligations, acceptance of, 107t
  • Balance of payments, 5t, 26c, 27, 27t, 38
  • Deficit, fiscal, 6, 38
  • Equity markets, 20, 21c(n)
  • European Monetary System, 23
  • Exchange arrangements, 87t
  • Exchange rates, effective, 24c
  • Fiscal policy, 5t, 38, 42
  • Group of Seven, 2–3, 4, 6, 22, 36, 37, 42
  • Inflation, 14c
  • Interest rates, 7c, 38
  • Louvre Accord, 2, 6, 21, 22, 36, 37
  • Monetary aggregates, 6t
  • Output, 6t, 10, 10t, 38
  • Prices, 6t, 14c;
    • of equities, 20, 21c(n)
  • Role of franc as currency peg, 87t;
    • as reserve currency, 68t, 69t
  • SDRs, 100t;
    • transactions with designation, 77
  • Trade, terms of, 27
  • Unemployment, 11c, 38

FUEL EXPORTERS

  • See DEVELOPING COUNTRIES

GABON

  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Purchases from Fund, 90t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t, 182t

GAMBIA, THE

  • Exchange arrangements, 87t
  • Purchases from Fund, 90t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t
  • Structural adjustment facility, arrangement with Fund, 98t, 182t
  • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t

GENERAL AGREEMENT ON TARIFFS AND TRADE (GATT)

  • Fund relations with, 41, 84, 85
  • Uruguay Round of multilateral trade negotiations, 8, 40, 41, 85

GENERAL ARRANGEMENTS TO BORROW (GAB), 56, 75, 95t, 133, 134, 174–75

  • See also BORROWING BY FUND

GENERAL RESOURCES ACCOUNT TRANSACTIONS

  • Arrears in settling obligations, 56–57, 57t
  • Asssessments, 99t, 100t
  • Borrowing by Fund, 97t
  • Charges, 79–81, 100t, 137–38
  • Fund credit outstanding, 55, 95t
  • Ineligibility to use Fund resources, 56–57, 57t
  • Interest payments received on, 99t, 100t
  • Overdue financial obligations: charges, 57n, 57t, 79, 79n, 81, 137–38
  • Purchases by members, 54–55, 54t. 72–73, 90t, 91t, 96t, 99t, 180t
  • Quota payments, 99t, 176t
  • Remuneration, 81, 99t;
    • rate of, 137–38, 105t
  • Repurchases by members, 53, 55, 56c, 54t, 74, 911, 93t, 96t, 99t;
    • overdue charges on, 80–81, 99t, 137–38
  • SDRs, 54–55;
    • holdings, 76, 96t, 100t;
    • reduction in Fund’s and increase of participants’ and prescribed holders’, 76;
    • receipt of, 99t, 100t;
    • transactions in, 77, 99t, 100t;
    • transfers of, 78, 99t, 100t
  • Usable currencies, 96t(n)
  • Use of Fund credit, 54t, 96t

GERMANY, FEDERAL REPUBLIC OF

  • Article VIII obligations, acceptance of, 107t
  • Balance of payments, 1, 2, 5t, 26, 26c, 27t, 38
  • Deficit, fiscal, 6
  • Economic policies, 2, 3, 42
  • Equity markets, 20, 21c(n)
  • European Monetary System, 23
  • Exchange arrangements, 87t
  • Exchange rates, 23c;
    • effective, 24c
  • Fiscal policy, 3, 5t, 38
  • Group of Seven, 2–3, 4, 6, 22, 36, 37, 42
  • Inflation, 14c
  • Interest rates, 6, 7c, 23c
  • Louvre Accord, 2–3, 4, 6, 21, 22, 36, 37
  • Monetary aggregates, 6t;
    • policy, 38
  • Output, 6t, 10, 10t
  • Prices, 10t, 14, 14c;
    • of equities, 20, 21c(n)
  • Role of deutsche mark as reserve currency, 68t, 69t
  • SDRs, 100t;
    • transactions with designation, 77
  • Supplementary financing facility, 97t
  • Trade, terms of, 26
  • Unemployment, 11c, 38

GHANA

  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 73, 92t, 182t
  • Purchases from Fund, 90t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t
  • Structural adjustment facility, arrangement with Fund, 98t, 182t

GOLD

  • Fund holdings, 74n, 96t
  • Market price, 65, 66t, 67
  • Official holdings, 65, 66t, 67
  • Reserves, 66t

GREECE

  • Exchange arrangements, 87t
  • SDRs, 100t

GRENADA

  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Repurchases from Fund, 93t
  • SDRs, 100t

GROUP OF SEVEN

  • Countries comprising, 2, 36n
  • Statements by, 2–3, 4, 6, 22, 36, 37, 42
  • Tokyo Economic Declaration, 42
  • Toronto Economic Declaration, 3
  • Venice Economic Declaration, 2

GUATEMALA

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Supplementary financing facility, 97t

GUINEA

  • Exchange arrangements, 87t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t, 182t
  • Structural adjustment facility, arrangement with Fund, 98t, 182t

GUINEA-BISSAU

  • Exchange arrangements, 87t
  • Paris Club debt rescheduling agreement, 47
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Structural adjustment facility, arrangement with Fund, 98t, 182t

GUYANA

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Ineligibility to use Fund resources, 57
  • SDRs, 100t
  • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t

HAITI

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Structural adjustment facility, arrangement with Fund, 98t, 182t

HEAVILY INDEBTED COUNTRIES

  • See DEVELOPING COUNTRIES, OTHER HONDURAS
  • Article VIII obligations, acceptance of, 107t
  • Debt conversion, 46
  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Repurchases from Fund, 93t
  • SDRs, 100t

HONG KONGE

  • Equity markets closed, 20
  • Output, 12
  • Prices, equity, 20, 21c(n)

HUNGARY

  • Exchange arrangements, 87t
  • Repurchases from Fund, 93t
  • SDRs, 100t

ICELAND

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • Repurchases from Fund, 93t
  • SDRs, 100t

INCOME AND EXPENSES OF FUND

  • See FINANCES OF FUND

INDIA

  • Balance of payments, 9
  • Classification, 215
  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Repurchases from Fund, 55, 74, 93t
  • SDRs, 100t
  • Structural adjustment facility, eligibility for assistance and intention not to use, 50, 75
  • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t

INDONESIA

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • Purchases from Fund, 72, 73–74, 90t
  • SDRs, 100t

INDUSTRIAL COUNTRIES

  • Balance of payments, 1, 4–6, 5t, 9, 18, 25–28, 26c, 27t
  • Capital markets, 18–19
  • Classification, 213
  • Deficits, fiscal, 5–6, 22, 28
  • Equity markets, crisis of October 1987, 6, 9, 20–21;
    • prices, 21c
  • European Monetary System, 23
  • Exchange rates, effective, 4, 9, 23c, 24c, 25t
  • Fiscal policies, 2–3, 4–6, 5t, 8, 22
  • Group of Seven, 2–3, 4, 6, 22, 36, 37, 42
  • Inflation, 5, 9, 13–14, 14c
  • Interest rates, 6, 7c, 8, 9, 23c, 25t
  • International reserves, 19–21, 22t, 66t, 68t
  • Louvre Accord, 2, 6, 21, 22, 36, 37
  • Monetary aggregates, 6t
  • Output, 6t, 10, 10t, 11
  • Prices, 10t, 14, 14c, 17, 18c;
    • of equities, 21c
  • Purchases from Fund, 54t
  • SDRs, 104t
  • Trade: exports, 16t, 25–28;
    • imports, 16t, 25–28;
    • protectionism, 40, 44;
    • terms of, 9, 16t, 25–28
  • Unemployment, 8, 10, 11c

INTERIM COMMITTEE

  • Arrears of Fund members, concern over, 56–57
  • Communiqués, 140–50, 44, 49
  • Compensatory financing facility, external contingency mechanism component of, 148
  • Consultations: support for use of indicators and policy interactions in, 42, 43
  • Debt strategy, role in, 44, 57, 146–47
  • Enlarged access policy, recommendations on, 56
  • Enhanced structural adjustment facility, stress on, 147
  • Extended Fund facility, recommendation on, 49
  • Financing innovations noted, 45, 46
  • Indicators, stress on, 42;
    • commodity price indices, 42
  • Quotas, Ninth General Review, 139, 146
  • SDR: allocations and role of, review of, 149
  • Surveillance over exchange rate policies, review of, 42;
    • use of indicators, 42
  • World economic outlook, suggestions on, 36–37, 43

INTERNATIONAL ACCORDS

  • Louvre Accord, 2, 6, 21, 22, 36, 37
  • Plaza Accord, 22
  • Punta del Este Declaration, 41
  • Tokyo Economic Declaration, 42
  • Toronto Economic Declaration, 3
  • Venice Economic Declaration, 2

INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT

  • See WORLD BANK

INTERNATIONAL COOPERATION

  • Canada and the United States, 39
  • Fund’s role in, 32, 47, 84–85
  • Declarations of, 2, 3, 41, 42
  • Fund-Bank collaboration, 41, 48, 50, 51, 75–76, 84–85
  • See also GROUP OF SEVEN, statements by

INTERNATIONAL ORGANIZATIONS

  • Fund relations with, 84–85
  • International Development Association, loans to low-income countries, 47
  • SDR as unit of account for, 78, 78n
  • SDRs, prescribed holders of, 76n, 103t
  • Seminar on policy framework papers, 51

INTERNATIONAL RESERVES

  • Accumulation, 20, 22t, 52
  • Adequacy, 51–52;
    • safety net, 52
  • Bonds, 19
  • Changes in, 65, 66t, 67, 68t
  • Currency diversification, 67, 68t, 69t, 711
  • Distribution, 66t, 68t
  • Evolution of, 65–67
  • Foreign exchange, 52, 53, 68t, 69t;
    • currency composition, 68t, 69t;
    • official holdings, 66t, 68t;
    • placement of official, 70, 71t
  • Fund-related assets, 65–67, 66t
  • Gold, 66t, 67
  • Holdings: by members, 104t;
    • official, 66t, 68t, 69t;
    • placement of official, 70, 71t
  • Liquidity of, 51–52
  • Relation to trade, 52
  • SDRs as reserve assets, 53, 65–67, 66t

INTERNATIONAL TRADE

  • Balances, 16, 28, 29c
  • Consultation reports on trade issues, 40–41
  • Debt-to-exports ratio of developing countries, 32c
  • Exchange rate effects on, 4
  • Policies, 40–41;
    • liberalization, 40, 41
  • Prices, 16t, 17, 18, 18c
  • Protectionism, 37, 40, 44
  • Terms of trade, 15, 16t, 29–30, 29c, 30
  • Uruguay Round of multilateral trade negotiations, 8, 40, 41, 85
  • Value, 16t
  • Volume, 1, 15, 16t, 17c, 30

IRAN, ISLAMIC REPUBLIC OF

  • Exchange arrangements, 87t
  • SDRs, 100t

IRAQ

  • Exchange arrangements, 87t
  • SDRs, 100t

IRELAND

  • Article VIII obligations, acceptance of, 107t
  • Balance of payments, 28
  • European Monetary System, 23
  • Exchange arrangements, 87t
  • Exchange rates, effective, 25t
  • SDRs, 100t

ISRAEL

  • Exchange arrangements, 87t
  • SDRs, 100t

ITALY

  • Article VIII obligations, acceptance of, 107t
  • Balance of payments, 5t, 26c, 27, 27c
  • Deficit, fiscal, 6
  • Equity prices, 21c(n)
  • European Monetary System, 23, 39
  • Exchange arrangements, 87t
  • Exchange rates, effective, 24c
  • Fiscal policy, 5t, 39
  • Group of Seven, 2–3, 4, 6, 22, 36, 37, 42
  • Inflation, 14c
  • Interest rates, 7c, 39
  • Monetary aggregates, 6t
  • Output, 6t, 10, 10t, 39
  • Prices, 10t, 14, 14c, 39, 21c(n)
  • SDRs, 10Ot;
    • transactions with designation, 77
  • Trade, terms of, 27
  • Unemployment, 11c
  • Voluntary Contribution Accounts, use of, 199, 200

JAMAICA

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Purchases from Fund, 90t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t, 182t
  • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t

JAPAN

  • Article VIII obligations, acceptance of, 107t
  • Balance of payments, 1, 5t, 26, 26c, 27, 27t, 37, 38
  • Borrowing by Fund from, 174
  • Debt conversions, facilitating, 46
  • Equity markets, 20, 21c(n)
  • Exchange arrangements, 87t
  • Exchange rates, 23c;
    • effective, 24c;
    • stability of, 38
  • Fiscal policy, 2, 8, 8n, 9, 38
  • Group of Seven, 2–3, 4, 6, 22, 36, 37, 42
  • Inflation, 14c
  • Interest rates, 6, 7c, 23c, 38
  • International reserves, 68t, 69t
  • Louvre Accord, 2, 6, 21, 22, 36, 37
  • Monetary aggregates, 6t;
    • policy, 37–38
  • Output, 1, 6t, 9, 10t, 11, 37
  • Prices, 10t, 14, 14c;
    • of equities, 20, 21c(n)
  • Role of yen as reserve currency, 68t, 69t
  • SDRs, 100t
  • Supplementary financing facility, 97t
  • Trade: exports, 17, 26;
    • imports, 26;
    • terms of, 26, 37
  • Unemployment, 11, 11c

JOINT MINISTERIAL COMMITTEE OF THE BANK AND THE FUND ON THE TRANSFER OF REAL RESOURCES TO DEVELOPING COUNTRIES

  • See DEVELOPMENT COMMITTEE

JORDAN

  • Exchange arrangements, 87t
  • Repurchases from Fund, 93t
  • SDRs, 100t

KAMPUCHEA, DEMOCRATIC

  • Exchange arrangements, 87t(n)
  • Quota and remuneration, 81n
  • SDRs, 100t
  • Trust Fund, holdings in, 193–94

KENYA

  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Purchases from Fund, 90t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 92t, 182t
  • Structural adjustment facility, arrangement with Fund, 98t, 182t
  • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t

KIRIBATI

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • SDRs, 100t

KOREA

  • Exchange arrangements, 87t
  • Output, 12
  • Repurchases from Fund, 55, 74, 93t
  • SDRs, 100t

KUWAIT

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • SDRs, 100t
  • Supplementary financing facility, 97t

LAO PEOPLE’S DEMOCRATIC REPUBLIC

  • Exchange arrangements, 87t
  • SDRs, 100t
  • Technical assistance by Fund, 82

LEBANON

  • Exchange arrangements, 87t
  • SDRs, 100t

LESOTHO

  • Exchange arrangements, 87t
  • SDRs, 100t

LIBERIA

  • Exchange arrangements, 87t
  • Ineligibility to use Fund resources, 57
  • SDRs, 100t
  • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t

LIBYAN ARAB JAMAHIRIYA

  • Classification by Fund, 213
  • Exchange arrangements, 87t
  • SDRs, 100t

LIQUIDITY POSITION OF FUND, 56, 74

LOUVRE ACCORD, 2, 6, 21, 22, 36, 37

LUXEMBOURG

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • Exchange rates, effective, 25t
  • SDRs, 100t

MADAGASCAR

  • Exchange arrangements, 87t
  • Purchases from Fund, 90t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t
  • Structural adjustment facility, arrangement with Fund, 98t, 182t
  • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t

MALAWI

  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t, 182t
  • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t

MALAYSIA

  • Article VIII obligations, acceptance of, 107t
  • Equity prices, 21c(n)
  • Exchange arrangements, 87t
  • SDRs, 100t

MALDIVES

  • Exchange arrangements, 87t
  • SDRs, 100t

MALI

  • Exchange arrangements, 87t
  • Repurchases from Fund, 93t
  • SDRs, 100t

MALTA

  • Exchange arrangements, 87t
  • SDRs, 100t

MARKET BORROWERS

  • See DEVELOPING COUNTRIES

MAURITANIA

  • Exchange arrangements, 87t
  • Purchases from Fund, 90t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t, 182t
  • Structural adjustment facility, arrangement with Fund, 98t, 182t
  • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t

MAURITIUS

  • Exchange arrangements, 87t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t

MEMBERSHIP IN FUND

  • Angola, application of, 72

MEXICO

  • Article VIII obligations, acceptance of, 107t
  • Bank lending to, 19
  • Equity prices, 21c(n)
  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Financing innovations, 46
  • Output, 12
  • Purchases from Fund, 74, 90t
  • Repurchases from Fund, 55, 93t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t

MIDDLE EAST

  • Balance of payments, 26, 27t
  • Capital formation of developing countries, 13c
  • Classification, 213
  • Debt: and debt-service ratios of developing countries, 33t;
    • outstanding, 217t
  • Exchange rates of developing countries, 25c
  • Living standards of developing countries, 11,13c
  • Output of developing countries, 11, 12t, 13c, 217t
  • Prices of developing countries, 15t, 30
  • Purchases of developing countries from the Fund, 54t
  • Trade: exports, 217t;
    • imports, 17c, 30

MOROCCO

  • Classification by Fund, 216
  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Purchases from Fund, 90t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t
  • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t

MOZAMBIQUE

  • Exchange arrangements, 87t
  • Paris Club debt rescheduling agreement, 47
  • SDRs, 100t
  • Structural adjustment facility, arrangement with Fund, 98t, 182t

NEPAL

  • Exchange arrangements, 87t
  • SDRs, 100t
  • Structural adjustment facility, arrangement with Fund, 98t, 182t

NETHERLANDS

  • Article VIII obligations, acceptance of, 107t
  • Balance of payments, 6, 28
  • Equity prices, 21c(n) European Monetary System, 23
  • Exchange arrangements, 87t
  • Exchange rates, effective, 25t
  • Inflation, 14
  • Role of guilder as reserve currency, 68t, 69t
  • SDRs, 100t
  • Supplementary financing facility, 97t

NEW ZEALAND

  • Article VIII obligations, acceptance of, 107t
  • Balance of payments, 6
  • Exchange arrangements, 87t
  • Exchange rates, effective, 25t
  • SDRs, 100t

NICARAGUA

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • SDRs, 100t

NIGER

  • Exchange arrangements, 87t
  • Paris Club debt rescheduling agreement, 47
  • Purchases from Fund, 90t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t
  • Structural adjustment facility, arrangement with Fund, 98t, 182t

NIGERIA

  • Classification by Fund, 213, 216
  • Exchange arrangements, 87t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t
  • Supplementary financing facility, 97t

NON-FUEL EXPORTERS

  • See DEVELOPING COUNTRIES

NON-OIL DEVELOPING COUNTRIES

  • See DEVELOPING COUNTRIES

NORWAY

  • Article VIII obligations, acceptance of, 107t
  • Balance of payments, 6, 28
  • Equity prices, 21c(n)
  • Exchange arrangements, 87t
  • Exchange rates, effective, 25t
  • Output, 28
  • SDRs, 100t

OFFICIAL BORROWERS

  • See DEVELOPING COUNTRIES

OIL EXPORTING COUNTRIES

  • See DEVELOPING COUNTRIES

OIL FACILITY

  • Borrowing by Fund for, 95t
  • General resources of Fund, use of, 55c
  • Use of Fund credit, 95t

OMAN

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • SDRs, 100t

PAKISTAN

  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t

PANAMA

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • Repurchases from Fund, 93t
  • SDRs, 100t

PAPUA NEW GUINEA

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • SDRs, 100t

PARAGUAY

  • Exchange arrangements, 87t
  • SDRs, 100t

PARIS CLUB, 46–47

PERU

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Ineligibility to use Fund resources, 57
  • SDRs, 100t
  • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t

PHILIPPINES

  • Debt conversion, 46
  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Purchases from Fund, 90t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t, 182t
  • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t

PLAZA ACCORD, 22

POLAND

  • Exchange arrangements, 87t
  • Paris Club debt rescheduling agreement, 47
  • SDRs, 100t
  • Technical assistance by Fund, 84

PORTUGAL

  • Exchange arrangements, 87t
  • Output, 12
  • Repurchases from Fund, 55, 93t
  • SDRs, 100t

PRICES

  • Changes in, 10t, 14, 14c, 17–18
  • Commodity, non-oil primary, 8, 13, 18c
  • Consumer, 14c, 15t
  • Equity, 6, 8, 20–21, 21c
  • Manufactures, 16t
  • Oil, 11, 13, 17, 18c
  • Trade, 16t

PRIMARY PRODUCT EXPORTERS

  • See DEVELOPING COUNTRIES

PUBLICATIONS OF FUND, 86, 106t

PUNTA DEL ESTE DECLARATION, 41

QATAR

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • SDRs, 100t

QUOTAS OF FUND MEMBERS

  • Eighth General Review, 67
  • List of members, with quotas, 176t
  • Ninth General Review, 58, 72, 138
  • Payment in SDRs, 67, 99t, 176t
  • Total, 72, 176t

RESERVE TRANCHE

  • Positions of members, 74, 96t, 172t
  • Purchases by members, 73, 73n, 91t(n), 96t, 169–70

ROMANIA

  • Exchange arrangements, 87t
  • Repurchases from Fund, 93t
  • SDRs, 100t

RULES AND REGULATIONS

  • Rule 1–6(4) rate of charge, 112
  • Rule 1–10, rate of remuneration, 112
  • Rule P-9, use of SDRs in payment of Trust Fund loans, 135

RWANDA

  • Exchange arrangements, 87t
  • SDRs, 100t

ST. KITTS AND NEVIS

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • Technical assistance by Fund, 83

ST. LUCIA

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • SDRs, 100t

ST. VINCENT AND THE GRENADINES

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • SDRs, 100t

SAO TOME AND PRINCIPE

  • Exchange arrangements, 87t
  • Purchases from Fund, 90t
  • SDRs, 100t

SAUDI ARABIA

  • Article VIII obligations, acceptance of, 107t
  • Enlarged access policy, borrowing agreement for, 133–34
  • Exchange arrangements, 87t
  • SDRs, 100t
  • Supplementary financing facility, 97t

SDRs

  • Allocations, 53, 76;
    • net cumulative, 100t;
    • percentage, 104t
  • Assets denomination in, 65, 66t, 67
  • Decisions affecting operations in SDRs, 76n, 135, 137–38
  • Charges, 80–81, 99t, 137–38, 173;
    • rate of, 105t, 137–38
  • Holdings: by Fund, 76, 77;
    • reduction in, 76, 99t;
    • by members, 76, 100t, 104t;
    • in General Resources Account, 100t;
    • of prescribed holders, increase in, 76
  • Interest rate on, 81, 105t
  • Payment of interest by Fund, use in, 77
  • Prescribed holders of, 76, 76n, 103t
  • Purchases from Fund, 99t
  • Purposes, 172, 186
  • Quotas, use in payment of, 67, 99t, 176t
  • Reconstitution, 99t
  • Remuneration paid to Fund members, 99t;
    • rate of, 105t, 137–38
  • Repayment of lenders by Fund, use in, 97t, 99t;
    • of Trust Fund obligations, 135
  • Repurchases from Fund, 93t, 99t
  • Reserves in, 65, 66t, 67, 68
  • Transactions and operations, summary of, 100t
  • Transfers: among participants and prescribed holders, 76, 77, 99t, 100t;
    • by agreement, 77, 99t;
    • to and from General Resources Account, 78, 99t;
    • with designation, 77, 99t
  • Two-way arrangements with participants, 58, 77
  • Uses: currency peg, 78, 87t;
    • loans and settlements, 77, 135;
    • unit of account, 78, 78n;
    • other, 67, 77, 186

SDR DEPARTMENT

  • Operations, 76–77, 183t, 184t, 186
  • Overdue obligations to, 57t
  • Participants, 73, 100t
  • Prescribed holders, 76, 76n, 103t
  • Reduction in Fund’s holdings, 76
  • Transfers: among participants and prescribed holders, 76, 100t;
    • by agreement, 77;
    • with designation, 77

SENEGAL

  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Purchases from Fund, 90t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t, 182t
  • Structural adjustment facility, arrangement with Fund, 98t, 182t
  • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t

SERVICE AND REMITTANCE COUNTRIES

  • See DEVELOPING COUNTRIES

SEYCHELLES

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • SDRs, 100t

SIERRA LEONE

  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Ineligibility to use Fund resources, 57
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t
  • Structural adjustment facility, arrangement with Fund, 98t, 182t
  • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t
  • Technical assistance by Fund, 82

SINGAPORE

  • Article VIII obligations, acceptance of, 107t
  • Equity prices, 21c(n)
  • Exchange arrangements, 87t
  • Output, 12
  • SDRs, 100t

SMALL LOW-INCOME COUNTRIES

  • See DEVELOPING COUNTRIES, OTHER

SOLOMON ISLANDS

  • Article VIII obligations, acceptance of, 107t
  • Exchange arrangements, 87t
  • Repurchases from Fund, 93t
  • SDRs, 100t

SOMALIA

  • Exchange arrangements, 87t
  • Ineligibility to use Fund resources, 57
  • Purchases from Fund, 90t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Stand-by arrangement with Fund, 89t, 182t
  • Structural adjustment facility, arrangement with Fund, 98t, 182t

SOUTH AFRICA

  • Article VIII
  • obligations, acceptance of, 107t
  • Classification by Fund, 213, 216
  • Exchange arrangements, 87t
  • Repurchases from Fund, 55, 74, 93t
  • SDRs, 100t

SPAIN

  • Article VIII obligations, acceptance of, 107t
  • Balance of payments, 6, 11, 28
  • Equity prices, 21c(n)
  • Exchange arrangements, 87t
  • Exchange rates, effective, 25t
  • Output, 28
  • SDRs, 100t

SPECIAL DRAWING RIGHTS

  • See SDRs

SPECIAL DRAWING RIGHTS DEPARTMENT

  • See SDR DEPARTMENT

SRI LANKA

  • Exchange arrangements, 87t
  • Extended arrangement with Fund, 92t
  • Purchases from Fund, 90t
  • Repurchases from Fund, 93t
  • SDRs, 100t
  • Structural adjustment facility, arrangement with Fund, 98t, 182t
  • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t

STAFF OF THE FUND, 86, 175

  • Article IV consultation reports, 37–40, 43–44
  • Confidentiality of reports, 44, 116
  • Consultations with World Bank staff, 50–51
  • External relations, 85–86
  • Missions of Fund and World Bank, participation in, 51
  • Policy framework papers, 50–51, 76, 81, 115
  • Staff Retirement Plan, 175, 201–12
  • Technical assistance by, 81–84
  • World Economic Outlook exercise, 35, 36, 42, 43;
    • use of indicators in, 42

STAND-BY ARRANGEMENTS FOR FUND MEMBERS

  • Access limits, 56
  • Borrowed resources, use of, 89t
  • Commitments under, 54t, 73, 89t, 175, 182t
  • In financial year 1987/88, 73
  • Ordinary resources, use of, 182t
  • Summary of, 89t, 91t, 182t

STRUCTURAL ADJUSTMENT FACILITY

  • Arrangements, 75–76, 98t, 182t
  • Collaboration with World Bank, 75–76
  • Eligibility of members for assistance, 50, 75;
    • China and India, intention not to use, 50, 75
    • Enhanced structural adjustment facility established, 76, 119–33
    • Establishment, 50, 75
    • Policy framework paper, requirement of, 50, 75–76
    • Purposes, 50, 75
    • Resources for, 50, 75
    • Review of, 50, 114–18
    See also ENHANCED STRUCTURAL ADJUSTMENT FACILITYSUB-SAHARAN AFRICA
    • See DEVELOPING COUNTRIES, OTHER
    SUDAN
    • Exchange arrangements, 87t
    • Extended arrangement with Fund, 92t
    • Ineligibility to use Fund resources, 57
    • SDRs, 100t
    • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t
    SUPPLEMENTARY FINANCING FACILITY
    • Borrowing by Fund for, 75, 97t, 174
    • Disbursements, 105t, 137t
    • General resources of Fund, use of, 55c
    • Purchases by members, 105t, 137t
    • Purpose of Subsidy Account, 78, 189
    • Repayments by Fund to lenders, 97t, 181t
    • Repurchases by members, 93t
    • Subsidy Account, 78–79, 105t, 137t;
      • establishment, 78, 189;
      • Executive Board decisions on, 136–37, 137t;
      • investment, 188t;
      • means of subsidy payments, 189;
      • use of SDRs in payment of subsidy, 79, 105t, 137t, 188t
    • Subsidy payments, 105t, 137t, 189
    • Switzerland, lending for, 97t
    • Use of Fund credit, 95t
    SURINAME
    • Article VIII obligations, acceptance of, 107t
    • Exchange arrangements, 87t
    • SDRs, 100t
    SURVEILLANCE OVER EXCHANGE RATE POLICIES
    • Article IV: consultations’ role in, 35–36;
      • modifications to guidelines, 43–44
    • Enhanced surveillance, reviews of, 45;
      • request of Uruguay, 45
    • Executive Board decisions on, 35n, 108–109
    • Executive Board review of, 43–44
    • Indicators, use of, 41–43, 42
    • In financial year 1987/88, 44
    • Multilateral surveillance, strengthening of, 43–44
    • Procedures for, implementation of, 44, 108–109;
      • change in cycle, 109
    • World Economic Outlook exercise’s role in, 35–36, 42–43;
      • commodity price indices, use of, 43
    SWAZILAND
    • Exchange arrangements, 87t
    • Repurchases from Fund, 93t
    • SDRs, 100t
    SWEDEN
    • Article VIII obligations, acceptance of, 107t
    • Balance of payments, 6
    • Equity prices, 21c(n)
    • Exchange arrangements, 87t
    • Exchange rates, effective, 25t
    • SDRs, 100t
    SWITZERLAND
    • Equity prices, 21c(n)
    • Exchange rates, effective, 25t
    • Inflation, 14
    • International reserves, 68t
    • Prescribed holder of SDRs, 76n, 103t
    • Role of franc as reserve currency, 68t
    • SDRs, 100t;
      • prescribed holder of, 76n, 103t
    • Supplementary financing facility, 97t
    SYRIAN ARAB REPUBLIC
    • Exchange arrangements, 87t
    • SDRs, 100t
    TAIWAN PROVINCE OF CHINA
    • Output, 12
    • Reserve accumulation, 19, 31
    TANZANIA
    • Exchange arrangements, 87t
    • Purchases from Fund, 90t
    • Repurchases from Fund, 93t
    • SDRs, 100t
    • Stand-by arrangement with Fund, 89t
    • Structural adjustment facility, arrangement with Fund, 98t, 182t
    • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t
    TECHNICAL ASSISTANCE BY FUND, 81–84THAILAND
    • Exchange arrangements, 87t
    • Repurchases from Fund, 74, 93t
    • SDRs, 100t
    TOGO
    • Exchange arrangements, 87t
    • Purchases from Fund, 90t
    • Repurchases from Fund, 93t
    • SDRs, 100t
    • Stand-by arrangement with Fund, 89t, 182t
    • Structural adjustment facility, arrangement with Fund, 98t, 182t
    • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t
    TOKYO ECONOMIC DECLARATION, 42TONGA
    • Exchange arrangements, 87t
    • SDRs, 100t
    TORONTO ECONOMIC DECLARATION, 3TRINIDAD AND TOBAGO
    • Exchange arrangements, 87t
    • Purchases from Fund, 90t
    • SDRs, 100t
    TRUST FUND
    • Borrowing, 190t, 194
    • Distribution of profits from sale of gold by Fund, 193
    • Loans, 190t, 193
    • Overdue obligations, 56–57, 57t, 193
    • Purpose, 193
    • Resources, change in, 192t
    • Special Disbursement Account, 192
    • Termination, 194
    • See also SUPPLEMENTARY FINANCING FACILITY: Subsidy Account
    TUNISIA
    • Classification by Fund, 216
    • Exchange arrangements, 87t
    • Output, 13
    • Purchases from Fund, 90t
    • SDRs, 100t
    • Stand-by arrangment with Fund, 89t, 182t
    TURKEY
    • Exchange arrangements, 87t
    • Repurchases from Fund, 55, 74, 93t
    • SDRs, 100t
    UGANDA
    • Exchange arrangements, 87t
    • Paris Club debt rescheduling agreement, 47
    • Purchases from Fund, 90t
    • Repurchases from Fund, 93t
    • SDRs, 100t
    • Structural adjustment facility, arrangement with Fund, 98t, 182t
    UNITED ARAB EMIRATES
    • Article VIII obligations, acceptance of, 107t
    • Exchange arrangements, 87t
    • SDRs, 100t
    • Technical assistance by Fund, 83
    UNITED KINGDOM
    • Article VIII obligations, acceptance of, 107t
    • Balance of payments, 5t, 6, 26c, 27t, 28, 39
    • Equity markets, 20, 21c(n)
    • Exchange arrangements, 87t
    • Exchange rates, effective, 24c, 39
    • Fiscal policy, 5t, 6, 38–39
    • Group of Seven, 2–3, 4, 6, 22, 36, 37, 42
    • Inflation, 14, 14c
    • Interest rates, 7c, 39
    • Louvre Accord, 2–3, 4, 6, 22, 36, 37
    • Monetary aggregates, 6t;
      • policy, 38
    • Output, 6t, 10, 10t
    • Prices, 10, 10t, 14c, 28;
      • of equities, 20, 21c(n)
    • Role of pound sterling as reserve currency, 68t, 69t
    • SDRs, 100t;
      • transactions with designation, 77
    • Trade: exports, 28;
      • imports, 28
    • Unemployment, 11, 11c, 38
    UNITED STATES
    • Article VIII obligations, acceptance of, 107t
    • Balance of payments, 1, 22, 25, 37
    • Debt conversions, facilitating, 46
    • Deficit, fiscal, 2, 5, 22, 26, 37
    • Equity markets, 4, 6, 8, 20, 21c(n)
    • Exchange arrangements, 87t
    • Exchange rates, 23c;
      • effective, 24c;
      • stability of, 22, 37
    • Fiscal policy, 5, 5t, 6, 10, 22, 37
    • Group of Seven, 2–3, 4, 6, 22, 36, 37, 42
    • Inflation, 14, 14c, 37
    • Interest rates, 7c, 22, 23c
    • Louvre Accord, 2, 6, 21, 22, 36, 37
    • Monetary aggregates, 6t
    • Output, 10, 10t, 37
    • Prices, 10t, 14, 14c;
      • of equities, 10, 20, 21c(n)
    • Role of dollar as reserve currency, 68t, 69t
    • SDRs, 100t
    • Supplementary financing facility, 97t
    • Trade, 22, 26;
      • exports, 2, 10, 17, 26;
      • imports, 14, 26;
      • terms of, 26;
      • protectionist pressures, 37
    • Use of dollar as currency peg, 87t;
      • as reserve currency, 68t, 69t
    • Unemployment, 11, 11c, 37
    URUGUAY
    • Article VIII obligations, acceptance of, 107t
    • Enhanced surveillance by Fund, request for, 45
    • Exchange arrangements, 87t
    • Repurchases from Fund, 93t
    • SDRs, 100t
    VANUATU
    • Article VIII obligations, acceptance of, 107t
    • Exchange arrangements, 87t
    • SDRs, 100t
    VENEZUELA
    • Article VIII obligations, acceptance of, 107t
    • Enhanced surveillance by Fund, 45
    • Exchange arrangements, 87t
    • Multiyear restructuring agreement, 45
    • SDRs, 100t
    • Supplementary financing facility, 97t
    • Technical assistance by Fund, 83
    VENICE ECONOMIC DECLARATION, 2VIET NAM
    • Exchange arrangements, 87t
    • Ineligibility to use Fund resources, 57
    • SDRs, 100t
    WESTERN HEMISPHERE
    • Balance of payments, developing countries, 27t, 29c
    • Capital formation, developing countries, 13c
    • Debt, developing countries, 8;
      • debt-to-export ratios, 33;
      • and debt-service ratios, 33, 33t;
      • outstanding, 217t
    • Exchange rates, developing countries, 25c
    • Investment, 12
    • Living standards, developing countries, 13c
    • Output, developing countries, 12, 12t, 13c, 217t
    • Prices, developing countries, 15t
    • Purchases from Fund, developing countries, 54t
    • SDRs, holdings of, 67
    • Trade, developing countries: balance, 29c, 30;
      • exports, 17, 217t;
      • imports, 17, 17c
    • Unemployment, 11
    WESTERN SAMOA
    • Exchange arrangements, 87t
    • Repurchases from Fund, 93t
    • SDRs, 100t
    WORLD BANK
    • Financing, role in, 46–47
    • Fund collaboration with, 41, 48, 50, 51, 75–76, 81, 84–85
    • Fund relations with, 51, 75–76, 81, 84
    • SDRs: prescribed holder of, 76n, 103t
    YEMEN ARAB REPUBLIC
    • Exchange arrangements, 87t
    • Repurchases from Fund, 93t
    • SDRs, 100t
    YEMEN, PEOPLE’S DEMOCRATIC REPUBLIC OF
    • Exchange arrangements, 87t
    • Repurchases from Fund, 93t
    • SDRs, 100t
    YUGOSLAVIA
    • Exchange arrangements, 87t
    • Multiyear restructuring agreement, 45
    • Repurchases from Fund, 93t
    • SDRs, 100t
    ZAÏRE
    • Exchange arrangements, 87t
    • Extended arrangement with Fund, 92t
    • Purchases from Fund, 90t
    • Repurchases from Fund, 93t
    • SDRs, 100t
    • Stand-by arrangement with Fund, 89t, 182t
    • Structural adjustment facility, arrangement with Fund, 98t, 182t
    ZAMBIA
    • Exchange arrangements, 87t
    • Extended arrangement with Fund, 92t
    • Ineligibility to use Fund resources, 57
    • SDRs, 100t
    • Stand-by arrangement with Fund, 89t
    • Supplementary Financing Facility Subsidy Account, beneficiary, 105t, 137t
    ZIMBABWE
    • Exchange arrangements, 87t
    • Repurchases from Fund, 93t
    • SDRs, 100t

    Other Resources Citing This Publication