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IMF History (1966-1971) Volume 2
Chapter

Tentative Outlines

Author(s):
International Monetary Fund
Published Date:
February 1996
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Late in May and early in June 1967 the Managing Director circulated to the Executive Board tentative outlines both for a Reserve Facility Based on Drawing Rights in the Fund and for a Reserve Facility Based on Reserve Units and Administered by a Fund Affiliate. These are published below as (A) and (B), respectively. After discussion by the Executive Board, the Outline of a Reserve Facility Based on Drawing Rights in the Fund was revised; the revision appears as (C) below.

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