Front Matter

Front Matter

Author(s):
International Monetary Fund
Published Date:
November 2001
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SELECTED DECISIONS AND SELECTED DOCUMENTS OF THE INTERNATIONAL MONETARY FUND

TWENTY-FIFTH ISSUE

WASHINGTON, DC

DECEMBER 31, 2000

ISSN 009-1735

Address orders to:

International Monetary Fund, Publication Services

700 19th Street, N.W. Washington, D.C. 20431, U.S.A.

Telephone: (202) 623-7430 Telefax: (202) 623-7201

E-mail: publications@imf.org

Internet: http://www.imf.org

PREFACE

This volume is the Twenty-Fifth Issue of Selected Decisions of the International Monetary Fund and Selected Documents. It contains the decisions, interpretations, and resolutions of the Executive Board and the Board of Governors of the International Monetary Fund, as well as selected documents, to which frequent reference is made in the current activities of the Fund. In addition, the volume contains certain documents relating to the Fund, the United Nations, and other international organizations. With few exceptions, the decisions are of a general nature and relate to certain obligations, policies, and procedures under the Articles of Agreement.

This issue differs from the earlier issues in several respects. In particular, as the number of decisions in force keeps increasing and the decision format tends to be longer with the use of summings up in lieu of formal decisions, it has become necessary, in order to retain a single volume publication, to eliminate certain decisions that were included in earlier issues, i.e., those that only completed or called for reviews of decisions, those that lapsed, and those that were superseded by more recent decisions.

Wherever reference is made in this volume to provisions of the Fund’s Articles or Rules and Regulations that have subsequently been renumbered by, or because of, the Second Amendment of the Fund’s Articles of Agreement (effective April 1, 1978), the corresponding provision currently in effect is cited in a footnote.

The General Counsel

François P. Gianviti

Contents

LIST OF DECISIONS BY NUMBER

1946 -1951
NumberPage
2-1491
71-2128
117-1510
170-34
180-5492
237-2433
284-3266
284-4129
286-1266
287-3128
363-1473
408-23
446-4420
534-3471
574-2 as
amended by
2620-(68/141)491
597-4492
1952 - 2001
102-(52/11)130
144-(52/51)422
201-(53/29)425
270-(53/95) as
amended by
876-(59/15)
1151-(61/6)146
343-(54/47)548
433-(55/42)423
541-(56/39)365
649-(57/33)440
876-(59/15) see
270-(53/95)
955-(59/45)427
1034-(60/27)428
1151-(61/6) see
270-(53/95)
1238-(61/43)128
1289-(62/1) as
amended by
1362-(62/32)
1415-(62/47)
4421-(74/132)
5792-(78/79)
6241-(79/144)
7337-(83/37)
10175-(92/129)
8733-(87/159)
10176-(92/129)
11609-(97/112)366
1362-(62/32) see
1289-(62/1)
1415-(62/47) see
1289-(62/1)
2620-(68/141) see
574-2
3153-(70/95)197, 430
4134-(74/4)432
4239-(74/67)280
4254-(74/75)444
4377-(74/114) as
amended by
6339-(79/179)
6830-(81/65)
8885-(88/89)
10182-(92/132)
10186-(92/132)
12343-(00/117)169
4421-(74/132) see
1289-(62/1)
4913-(75/207) see
2772-(69/47)
5220-(76/144)169
5392-(77/63) as
amended by
8564-(87/59)
8856-(88/64)
10950-(95/37)10
5590-(77/163) as
amended by
11859-(98/130)339
5591-(77/163)569
5694-(78/35) see
4773-(75/136)
5702-(78/39) G/S as
amended by
7096-(82/57) G/S281
5703-(78/39) as
amended by
6862-(81/81)
8955-(88/126)
12342-(00/117)273
5704-(78/39)269
5706-(78/39)164
5709-(78/41) TR572
5712-(78/41)8
5792-(78/79) see
1289-(62/1)
5809-(78/88)276
5832-(78/95) TR572
5956-(78/180) S528
6000-(79/1) S as
amended by
6438-(80/37) S529
6001-(79/1) S530
6026-(79/13) as
amended by
10273-(93/15)
10364-(93/67)14
6053-(79/34) S as
amended by
6438-(80/37) S532
6054-(79/34) S as
amended by
6438-(80/37) S534
6056-(79/38)149
6172-(79/101)271
6201-(79/121) TR573
6202-(79/121) TR573
6209-(79/124) S540
6230-(79/140) as
amended by
11096-(95/100)
12274-(00/85)154
6241-(79/144), see
1289-(62/1)
6266-(79/156)4
6273-(79/158) G/S256
6274-(79/158)257
6275-(79/158) G/S259
6336-(79/178) S536
6337-(79/178) S538
6339-(79/179) see
4377-(74/114)
6352-(79/183)260
6358-(79/188) TR as
amended by
8640-(87/101)S/TR575
6368-(79/191) S528
6437-(80/37) S539
6438-(80/37)S, see
6000-(79/1)S,
6053-(79/34)S
6054-(79/34)S
6466-(80/68) TR573
6467-(80/71)S520
6484-(80/77) S522
6486-(80/77) S523
6487-(80/77) S523
6488-(80/77) S523
6489-(80/77) S523
6540-(80/98) TR576
6609-(80/126) S523
6631-(80/145) G/S511
6663-(80/160) S268
6676-(80/168) TR574
6683-(80/185) G/TR as
amended by
8523-(87/25) SBS
8941-(88/122) SBS578
67O4-(80/185)TR341,576
6709-(81/1) S
as amended by
12157-(00/24) S517
6718-(81/1) S523
6774-(81/35)263
6790-(81/43) as
amended by
11728-(98/56)442
6793-(81/45)577
6830-(81/65)164, 569
6831-(81/65) as
amended by
7059-(82/23)
12345-(00/117)276
6832-(81/65) S545
6844-(81/75)417
6845-(81/75)417
6854-(81/78) SBS as
amended by
8184-(86/9) SBS585
6862-(81/81) see
5703-(78/39)
6870-(81/83) see
6863-(81/81)
6908-(81/101) S523
6925-(81/112) see
6863-(81/81)
7059-(82/23), see
6831-(81/65)
7060-(82/23)569
7064-(82/26) S523
7086-(82/42) S523
7096-(82/57)G/S, see
5702-(78/39)G/S
7116-(82/68) S546
7142-(82/85) TR as
amended by
8640-(87/101)S/TR575
7229-(82/136) S523
7337-(83/37) see378
1289-(62/1)
7403-(83/73)385
7427-(83/83)26
7558-(83/156)170
7582-(83/174) S523
7589-(83/181)419
7602-(84/3) see
2772-(69/47)
7628-(84/25)382
7629-(84/25)383
7704-(84/78)277
7707-(84/79) S523
7754-(84/108) SBS586
7842-(84/165)163
7857-(84/175)170
7908-(85/26)549
7925-(85/38) as
amended by
8887-(88/89)151
7931-(85/41)500
7989-(85/81)SBS585
7999-(85/90)500
8029-(85/105)342
8037-(85/110) SBS586
8160-(85/186) G/S as
amended by
12283-(00/98)514
8165-(85/189) G/TR as
amended by
8496-(87/3) G/TR
8641-(87/101) G/S/TR
8923-(88/110) G/TR
10000-(92/58) G/TR
10337-(93/49) G/TR
10352-(93/49) G/TR
10551-(94/1) G/TR282
8184-(86/9) SBS see
6854-(81/78) SBS
8185-(86/9) SBS/S585
8186-(86/9) SBS/S525
8192-(86/13)171
8222-(86/45)128
8238-(86/56) SAF as
amended by
8497-(87/3) SAF
8652-(87/105) SAF
8758-(87/176) SAF
9118-(89/40) SAF
9490-(90/106) SAF
9863-(91/156) SAF/ESAF
10093-(92/94) SAF
10353-(93/49) SAF342
8239-(86/56) SAF525
8240-(86/56) SAF as
amended by
8542-(87/36) SAF
8651-(87/105) SAF
8935-(88/118) SAF
9117-(89/40) SAF
9986-(92/48) SAF
10184-(92/132) SAF343
8241-(86/56) SAF353
8271-(86/74)285
8318-(86/104) S523
8348-(86/122) as
amended by
8481-(86/202)
8482-(86/202)286
8433-(86/175)281
8481-(86/202) see
8348-(86/122)
8482-(86/202) see
8348-(86/122)
8492-(87/1) SBS587
8496-(87/3) G/TR see
8165-(85/189) G/TR
8497-(87/3) SAF see
8238-(86/56) SAF
8523-(87/25) SBS587
see also
6683-(80/185) G/TR
8542-(87/36) SAF see
8240-(86/56) SAF
8564-(87/59) see
5392-(77/63)
8583-(87/72)154
8619-(87/90)272
8640-(87/101) S/TR see
6358-(79/188) TR and
7142-(82/85) TR
8641-(87/101) G/S/TR see
8165-(85/189) G/TR
8642-(87/101) S/TR500
8648-(87/104)113
8651-(87/105) SAF see
8240-(86/56) SAF
8652-(87/105) SAF see
8238-(86/56) SAF
8674-(87/117) SBS564
8733-(87/159)357
8757-(87/176) SAF/ESAF
as amended by
9987-(92/48) SAF/ESAF332
8758-(87/176) SAF
see 8238-(86/56) SAF
8759-(87/176) ESAF as
amended by
9115-(89/40) ESAF
9488-(90/106) ESAF
9555-(90/146) ESAF
9585-(90/161) ESAF
10092-(92/94) ESAF
10287-(93/23) ESAF
10515-(93/162) ESAF
10530-(93/170) ESAF
10532-(93/170) ESAF
11114-(95/110) ESAF
11395-(96/110) ESAF
11434-(97/10)
11435-(97/10)
11533-(97/67) ESAF
11610-(97/113)
11832-(98/119) ESAF
12087-(99/118) PRGF
12206-(00/55) PRGF
12227-(00/66) PRGF
12279-(00/86)
12326-(00/111) PRGF
12344-(00/117) PRGF44
8760-(87/176) as
amended by
9989-(92/48)
10531-(93/170) SAF357
8780-(88/12)292
8845-(88/61) ESAF as
amended by
9988-(92/48) ESAF
10185-(92/132) ESAF
10533-(93/170) ESAF
11879-(99/2) ESAF77
8846-(88/61) ESAF78
8856-(88/64)
see 5392-(77/63)
8861-(88/67) as
amended by
8880-(88/84)294
8880-(88/84)
see 8861-(88/67)
8885-(88/89)
see 4377-(74/114)
8887-(88/89)
see 7925-(85/38)
8897-(88/93)392
8923-(88/110) G/TR
see 8165-(85/189) G/TR
8935-(88/118) SAF
see 8240-(86/56) SAF
8937-(88/118) ESAF/S526
8941-(88/122) SBS589, 584
see also
6683-(80/185) G/TR
8955-(88/126) as
amended by
9101-(89/30)
9153-(89/59)
9391-(90/43)
9503-(90/114)
9586-(90/161)
9587-(90/161)
9588-(90/161)
9604-(90/170)
10071-(92/85)
10183-(92/132)
10186-(92/132)
10398-(93/89)
10725-(94/58)
11169-(95/122)
11170-(95/122)
11474-(97/36)
11475-(97/36)
11646-(98/1)
11647-(98/1)
11851-(98/127)
11852-(98/127)
11878-(99/2)
12121-(00/4)
12122-(00/4)
12131-(00/9)
12141-(00/16) CFF
12325-(00/111)220, 568
see also
5703-(78/39) and
9101-(89/30)
9028-(88/71) see
7599-(84/3) and
7600-(84/3)
9056-(89/2) ESAF79
9101-(89/30)
see 8955-(88/126)
9114-(89/40) SAF/ESAF354
9115-(89/40) ESAF
see 8759-(87/176) ESAF
9116-(89/40) ESAF356
9117-(89/40) ESAF
see 8240-(86/56) SAF
9135-(89/46)298
9153-(89/59)
see 8955-(88/126)
9189-(89/77)172
9222-(89/97) SBS590
9326-(89/167) see
7599-(84/3) and
7600-(84/3)
9331-(89/167) as
amended by
9693-(91/48)
10056-(92/78)
10547-(94/1)201
9391-(90/43)
see 8955-(88/126)
9471-(90/98) as
amended by
10341-(93/54)334
9476-(90/101) see
7599-(84/3)
7600-(84/3)
9487-(90/106) SAF/ESAF as
amended by
9776-(91/96) SAF/ESAF354
9488-(90/106) ESAF see
8759-(87/176) ESAF
9490-(90/106) SAF see
8238-(86/56) SAF
9499-(90/111) as
amended by
10072-(92/85)
10159-(92/122)16
9503-(90/114) see
8955-(88/126)
9510-(90/122) SBS590
9549-(90/146) G/S513
9555-(90/146) ESAF see
8759-(87/176) ESAF
9585-(90/161) ESAF see
8759-(87/176) ESAF
9586-(90/161) see
8955-(88/126)
9587-(90/161) see
8955-(88/126)
9588-(90/161) see
8955-(88/126)
9604-(90/170) see
8955-(88/126)
9605-(90/170)499
9693-(91/48) see
9331-(89/167)
9776-(91/96) SAF/
ESAF see
9487- (90/106) SAF/ESAF
A-9786-(93/20) as
amended by
A-10615-(96/105)486
9788-(91/105)591
9788-(91/105) SBS591
9790-(91/106)170
9808-(91/114) SAF/ESAF355
9809-(91/114) SAF355
9862-(91/156)419
9863-(91/156) SAF/ESAF
see 8238-(86/56) SAF
9986-(92/48) SAF see352
8240-(86/56) SAF
9987-(92/48) SAF/ESAF see
8757-(87/176)SAF/ESAF
9988-(92/49)ESAF see
8845-(88/61)
9989-(92/48) see
8760-(87/176)
10000-(92/58) G/TR
see 8165-(85/189)G/TR
10056-(92/78) see
9331-(89/167)
10071-(92/85) see
8955-(88/126)
10072-(92/85) see
9499-(90/111)
10089-(92/94) SAF/ESAF355
10090-(92/94) SAF356
10092-(92/94) ESAF
see 8759-(87/176)ESAF
10093-(92/94) see
8328-(86/56) SAF
10159-(92/122) see
9499-(90/111)
10168-(92/127)17
10175-(92/129) see378
1289-(62/1)
10176-(92/129)378
10182-(92/132) see
4377-(74/114)
10183-(92/132) see
2722-(69/47) and
8955-(88/126)
10184-(92/132) SAF,350
see 8240-(86/56) SAF
10185-(92/132)ESAF
see 8845-(88/61) ESAF
10225-(92/147) S524
10235-(92/149)394
10237-(92/150)632
10273-(93/15) as
amended by
10886-(95/2) see also
6026-(79/13)
10286-(93/23) ESAF as
amended by
12228-(00/66) PRGF359
10287-(93/23) ESAF see
8759-(87/176)
10305-(93/32)501
10337-(93/49) G/TR see
8165-(85/189) G/TR
10340-(93/54) as
amended by
10549-(94/1)301
10341-(93/54) see
9471-(90/98)
10348-(93/61)STF as
amended by
10760-(94/71)STF
10855-(94/109) STF251, 569
10352-(93/49) G/TR
see 8165-(93/49) G/TR
10353-(93/49) SAF
see 8238-(86/56) SAF
10362-(93/67)18
10364-(93/67) see
6026-(79/13)
10365-(93/67)112
10391-(93/86) as
amended by
10552-(94/1)
10554-(94/1)285
10398-(93/67) see
8955-(88/126)
10464-(93/130)173
10530-(93/170) ESAF68
10531-(93/170) SAF359
see also
8760-(87/176)
10532-(93/170) ESAF68
see 8759-(87/176) ESAF
10533-(93/170) ESAF68
see 8845-(88/61)ESAF
10534-(93/170) ESAF68, 79
10535-(93/170) SAF68, 352
10547-(94/1) see
9331-(89/167)
10549-(94/1) see
10340-(93/54)
10551-(94/1)G/TR see
8165-(85/189)G/TR
10552-(94/1) see
10391-(93/86)
10554-(94/1) see
10391-(93/86)
10575-(94/4)688
10597-(94/14) ESAF69
10598-(94/14) SAF352
A-10615-(96/105)437
10660-(94/38)305
10662-(94/38)337
10704-(94/52)307
10705-(94/52)307
10706-(94/52)309
10723-(94/58)173
10725-(94/58) see
8955-(88/126)
10749-(94/67)424
10760-(94/71) STF see
10348-(93/61) STF
10850-(94/107)308
10855-(94/109) STF see
10348-(93/61) STF
10942-(95/33) as
amended by
11162-(95/121)105
10950-(95/37)10
10958-(95/40)312
10961-(95/41)255
10968-(95/43)479
10989-(95/53) ESAF352
11027-(95/65) ESAF78
11073-(95/92) G/S513
11096-(95/100)154
11162-(95/121)105
11192-(96/2) as
amended by
11915-(99/23)470
11248-(96/38)157
11249-(96/39)315
11251-(96/39)317
11325-(96/77) SAF352
11381495/105)701
11395-(96/110) ESAF see
8759-(87/176)
11428-(97/6)397
11429-(97/6)415
11434-(97/10) see
8759-(87/176)
11435-(97/10) see
8759-(87/176)
11436-(97/10) as
amended by
11492-(97/45)
11861-(98/131) ESAF
12087-(99/118) PRGF
12132-(00/9) PRGF80
11474-(97/36) see
8955-(88/126)
11475-(97/36) see
8955-(88/126)
11480-(97/42)318
11482-(97/42) as
amended by
11683-(98/27)321
11483-(97/42)321
11492-(97/45) see
11436-(97/10)
11493-(97/45)29
11515-(97/59)184
11533-(97/67) ESAF45
11609-(97/112)378
11610-(97/113)45
11626-(97/122)395
11627-(97/123) SRF
as amended by
11866-(99/1) SRF
11895-(99/11) SRF
11942-(99/48) SRF/CCL
11982-(99/61) SRF/CCL
12197-(00/48) SRF/CCL
12340-(00/117) SRF/
CCL233, 570
11646-(98/1)230
11647-(98/1)230
11675-(98/122)697
11683-(98/27)69, 246
11698-(98/38) ESAF95
11710-(98/49)322
11711-(98/49)322
11712-(98/49)323
11713-(98/49) ESAF69
11714-(98/49)337
11715-(98/49) G/SAF/TR284
11716-(98/49)246
11728-(98/56)444
11801-(98/101) G/S514
11803-(98/101) G/S517
11832-(98/119) ESAF45, 67
11837-(98/121)262
11846-(98/125)28
11857-(98/130)571
11875-(99/1)478
11876-(99/2)209
11877-(99/2)208
11943-(99/49)325
11944-(99/49)326
11945-(99/49)329
11946-(99/49) ESAF69
11947-(99/49)337
11948-(99/49) G/SAF/TR285
11949-(99/49) SRF/CCL247
11973-(99/58)501
11976-(99/59) S543
12032-(99/87) ESAF79
12058-(99/110) Y2KF247
12060-(99/130)338
12061-(99/130)119
12062-(99/130)526
12063-(99/130)278, 362
12064-(99/130)328
12065-(99/130) PRGF70
12067-(99/108)131
12087-(99/118) PRGF45, 80, 98
12103-(99/135)210
12142-(00/16)232
12152-(00/21)341
12178-(00/41)17
12184-(00/42)233
12185-(00/42)209
12188-(00/45)327
12189-(00/45)331
12190-(00/45) G/SAF/TR285
12191-(00/45) SRF/CCL247
12197-(00/48) SRF/CCL239
12206-(00/55) PRGF45
12219-(00/63)146
12227-(00/66) PRGF361
12228-(00/66) PRGF45
12230 (00/115)363
12231-(00/68)326
12232-(00/68)334
12238-(00/71)3
12239-(00/71)492
12249-(00/77)160
12250-(00/77)162
12252-(00/77)65
12253-(00/77)66
12254-(00/77)66
12278-(00/86)154
12279-(00/86)45
12281-(00/98)515
12282-(00/98)518
12317-(00/102)503
12329-(00/113)524
12341-(00/117)191
12346-(00/117)280
12347-(00/117)327
12350-(00/119)334
12385-(00/129)210
12402-(01/1)473
12403-(01/1)519

LIST OF BOARD OF GOVERNORS’ RESOLUTIONS

NumberPage
IM-6595
6-8596
24-12633
29-1523
29-7598
29-8598
29-9606
29-10612
34-3635
48-4606
53-2628
54-9602
54-10647

INTERPRETATIONS UNDER ARTICLE XXIX(a)

  • Interpretations of Articles of Agreement (71-2

  • Unenforceability of Exchange Contracts: Fund’s Interpretation of Article VIII, Section 2(b) (446-4)

  • Interpretation of Article IX, Section 7 (534-3)

  • Interpretation of Article XII, Section 3(b) (i) and 3(f) (2-1)

  • Interpretation of Article XXVI, Section 2* (343-(54/47))

    Other Resources Citing This Publication