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IMF History (1966-1971) Volume 2
Chapter

Illustrative Schemes

Author(s):
International Monetary Fund
Published Date:
February 1996
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In February 1967 the Managing Director circulated to the Executive Board the outlines of two illustrative schemes for creation of reserves: an Outline of an Illustrative Reserve Unit Scheme and an Outline of an Illustrative Scheme for a Special Reserve Facility Based on Drawing Rights in the Fund. These appear below as (A) and (B), respectively.

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