RESOLUTIONS
Author: International Monetary Fund
Language:
English
Keywords:
AS; country; fund; poverty; debt relief; oil-producing country; international community; fund coordination; fund staff; fund surveillance; Poverty reduction strategy; Poverty reduction; Poverty reduction and development; Global
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Abstract

The Executive Board resolved on March 29, 2000 to recommend an adjustment in the salary of the Managing Director.

Resolution No. 55-1 Salary of the Managing Director

The Executive Board resolved on March 29, 2000 to recommend an adjustment in the salary of the Managing Director.

In accordance with Section 13 of the By-Laws, the following Resolution was submitted to the Governors on April 6, 2000 for a vote without meeting:

Whereas the Executive Board has endorsed a proposal to reallocate the financial elements of the Managing Director’s remuneration, such that the overall level of remuneration would remain unchanged, with the amount of the salary increase being fully offset by a reduction in the representation allowance combined with a corresponding adjustment in the calculation of retirement benefits.

Now, therefore, the Board of Governors hereby RESOLVES:

1. Effective (May 1), 2000, the annual salary of the Managing Director of the Fund shall be three hundred eight thousand, four hundred and sixty dollars ($308,460).

2. The annual salary of the Managing Director shall be adjusted effective July 1, 2000 and each July 1 thereafter by the percentage increase in the Washington metropolitan area consumer price index for the twelve months ending the preceding May. The application index for this purpose shall be the U.S. Bureau of Labor Statistics Regional (Washington, Baltimore, Maryland, Virginia, West Virginia) Consumer Price Index for All Urban Consumers, or the equivalent replacement index.

The Board of Governors adopted the foregoing Resolution, effective April 20, 2000.

Resolution No. 55-2 Direct Remuneration of Executive Directors and Their Alternates

Pursuant to Section 14(e) of the By-Laws, the 2000 Joint Committee on the Remuneration of Executive Directors and Their Alternates on June 29, 2000 directed the Secretary of the Fund to transmit its report and recommendations to the Board of Governors of the Fund. The Committee’s report contained the following proposed Resolution for adoption by the Board of Governors.

In accordance with Section 13 of the By-Laws, the following Resolution was submitted to the Governors on June 30, 2000 for a vote without meeting:

Resolved:

That, effective July 1, 2000, the remuneration of the Executive Directors of the Fund and their Alternates pursuant to Section 14(e) of the By-Laws shall be paid in the form of salary without a separate supplemental allowance, and such salary shall be paid at the annual rate of $168,660 per year for Executive Directors and $145,890 per year for their Alternates.

The Board of Governors adopted the foregoing Resolution, effective August 14, 2000.

Resolution No. 55-3 2000 Regular Election of Executive Directors

The Executive Board resolved on July 17, 2000 that action in connection with the regulations for the conduct of the 2000 regular election of Executive Directors should not be postponed until the time of the next regular meeting of the Board of Governors at which the election would take place.

In accordance with Section 13 of the By-Laws, the following Resolution was submitted to the Governors on July 18, 2000 for a vote without meeting:

Resolved:

(a) That the proposed Regulations for the Conduct of the 2000 Regular Election of Executive Directors are hereby adopted; and

(b) That a Regular Election of Executive Directors shall take place at the Annual Meeting of the Board of Governors in 2002.

The Board of Governors adopted the foregoing Resolution, effective August 16, 2000.

Resolution No. 55-4 Financial Statements, Report on Audit, and Administrative and Capital Budgets

Resolved:

That the Board of Governors of the International Monetary Fund considers the Report on Audit for the Financial Year ended April 30, 2000, the Financial Statements contained therein, and the Administrative Budget for the Financial Year ending April 30, 2001 and the Capital Budget for capital projects beginning in Financial Year 2001 as fulfilling the requirements of Article XII, Section 7 of the Articles of Agreement and Section 20 of the By-Laws.

The Board of Governors adopted the foregoing Resolution, effective September 27, 2000.

Resolution No. 55-5 Amendments of the Rules and Regulations

Resolved:

That the Board of Governors of the Fund hereby notifies the Executive Board that it has reviewed the abrogation of Rule J-7, the redesignation of the former Rules J-8 and J-9 as Rules J-7 and J-8, respectively, and the amendment of Rule O-10, which have been made since the 1999 Annual Meeting, and has no changes to suggest.

The Board of Governors adopted the foregoing Resolution, effective September 27, 2000.

Resolution No. 55-6 Appreciation

Resolved:

That the Boards of Governors of the International Monetary Fund and the World Bank Group express their deep appreciation to the government and people of the Czech Republic and the city of Prague for their warm and gracious hospitality;

That they express their gratitude for the outstanding facilities of the Prague Congress Center made available for the meetings in Prague;

That they express particular appreciation to the Governors and Alternate Governors for the Czech Republic and to their associates for the many contributions which they made toward ensuring the success of the 2000 Annual Meetings; and

That all Annual Meetings participants express their gratitude to the Czech authorities for so effectively ensuring their safety and that of the residents of Prague.

The Board of Governors adopted the foregoing Resolution, effective September 27, 2000.

International Monetary and Financial Committee of the Board of Governors of the International Monetary Fund

Press Communiqué

September 24, 2000

1. The International Monetary and Financial Committee held its second meeting in Prague on September 24, 2000, under the Chairmanship of Mr. Gordon Brown, Chancellor of the Exchequer of the United Kingdom. It welcomes Mr. Horst Köhler as the new Managing Director and looks forward to working with him on the continuing reform of the Fund and the strengthening of the international financial architecture.

World Economic Outlook

2. The Committee welcomes the strengthening of global economic growth this year to the highest rate in twelve years. Economies in all major regions of the world have grown, and inflation remains generally under control.

3. While the overall outlook is positive, the Committee remains mindful of the significant remaining risks associated with the continuing economic and financial imbalances in the global economy. These potential challenges include imbalances in external accounts and the possible risk from misalignments in exchange rates and high levels of equity valuations in the major currency areas. The Committee considers that it will therefore be important to remain vigilant against inflationary pressures in the United States, and that national savings should increase; to pursue policies in Japan that are strongly supportive of self-sustained domestic demand-led recovery; and to intensify the momentum of growth-supporting structural reforms in the European Union and in other advanced countries. In almost all developing and emerging market countries, continued progress with structural reforms-in particular through strengthening their financial sectors-is required to strengthen prospects for sustained economic growth. The Committee also expresses concern that, despite the strength of the global recovery, poverty remains unacceptably high, and many poor countries continue to face serious economic problems.

4. The Committee welcomes the gradual improvement in the last year in the terms and conditions of market access for emerging market countries, reflecting the better fundamentals in these markets. However, flows remain below pre-crisis levels, at higher spreads, and continue to show significant volatility, and market access remains extremely limited for some emerging markets.

5. The Committee is concerned that current oil prices, if sustained, could hamper global growth, add to inflationary pressures, and adversely affect prospects for many countries. It notes in particular the effect on the poorest countries and those highly dependent on oil imports. The Committee agrees on the desirability of stability in oil markets around reasonable long-term prices. It notes the recent U.S. decision to mobilize reserves and notes that some other industrial countries may be in a position to examine the possibility of doing so to help achieve greater stability. The Committee welcomes the steps the oil-producing countries have taken this year to increase production and calls on them to take further steps to create conditions in oil markets conducive to healthy global growth. The Committee looks forward to improved dialogue between oil producers and consumers to promote greater oil market stability.

6. The Committee notes that, in the ten years since the launch of the transition to market economies in eastern Europe and the former Soviet Union, much has been achieved. But the process has been difficult and remains far from complete, and progress has varied across countries. The Committee underlines that a key lesson from this experience is that transition economies that have made the greatest progress in establishing macroeconomic stability and implementing structural and institutional reforms have also achieved the best economic performance.

The Future Role of the IMF

7. The Committee strongly supports the objective of making globalization work for the benefit of all. In this respect, it endorses the Managing Director’s vision of the future role of the IMF, and looks forward to working with him on continuing reform of the Fund and strengthening the international architecture. While each country’s own actions will inevitably be the most important determinant of its economic progress, all members of the international community have essential roles in supporting and facilitating these individual efforts. The international community must place renewed emphasis on promoting broadly-shared prosperity, sustained growth, and poverty reduction. With its broad mandate and universal membership, the Fund, in partnership with the World Bank, is uniquely placed to serve its members, including the poorest countries, by contributing to this global effort.

8. The Committee notes the advances in applying the lessons of recent financial crises to the work of the IMF and the policies of its members. Many concrete steps have been taken or are under way to improve the functioning of the international financial system, and to strengthen its capacity for preventing and managing financial crises. As a result, the international community has made progress toward dealing with difficult situations and managing their external repercussions.

9. But continued efforts for change will be necessary. The Committee calls upon the IMF, in particular, and the international community, as a whole, to continue to strengthen their efforts to reduce vulnerability and to avoid crises, and when crises do occur, to reduce their spillover effects. These efforts will need to focus on:

  • broadening and strengthening the Fund’s surveillance of the domestic economic policies of all members and of the international financial system, including regional dimensions;

  • continued promotion, development, and voluntary implementation, in a fully participatory way, of internationally agreed codes and standards, in cooperation with other bodies, as appropriate, supported by enhanced technical assistance; and

  • constructive engagement of the private sector by the official sector.

10. The Committee reiterates that the Fund has a central role to play in bringing together the efforts of other global institutions to strengthen the international financial system in helping to ensure that all countries can benefit from globalization. It agrees that the Fund can best contribute to this global effort and strengthen its overall effectiveness by:

  • continuing to deepen its collaboration with other agencies and bodies. In that regard, it welcomes the initiatives of the Managing Director and the President of the World Bank to strengthen cooperation and complementarity between the two institutions;

  • promoting, within the context of the Fund’s mandate, international financial and macroeconomic stability and growth of member countries, the Fund must sharpen the focus of work in its core areas of responsibility: macroeconomic stabilization and adjustment; monetary, exchange rate, and fiscal policies and their associated institutional and structural aspects; and financial sector issues, especially systemic issues relating to the functioning of domestic and international financial markets.

11. The Committee stresses the importance of national ownership of Fund-supported programs for their sustained implementation. The Committee urges the Executive Board to take forward its review of all aspects of the policy conditionality associated with Fund financing in order to ensure that, while not weakening that conditionality, it focuses on the most essential issues; enhances the effectiveness of Fund supported programs; and pays due respect to members’ specific circumstances and their implementation capacities.

The Poverty Reduction and Growth Facility (PRGF) and the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC)

12. The Committee affirms the Fund’s enhanced role in poor countries. It considers that a lasting breakthrough in combating world poverty can only be achieved if the poorest countries are able, with the support of the international community, to build the fundamentals for sustained growth. Macroeconomic stability and structural reform will provide the conditions for private sector investment and growth and will, over time, allow countries to access international capital markets. The Committee also considers that international trade is critical for development and poverty reduction. To help ensure that the fruits of globalization are shared by all, it will be crucial that access of developing countries, particularly the poorest, to industrial country markets continues to improve. Industrial countries should increase their official development assistance. The Committee encourages developing countries, for their part, to follow policies consistent with domestic macroeconomic stability and competitiveness in international markets; continue to reduce trade barriers; and implement other appropriately sequenced outward-oriented reforms that promote poverty reducing growth, investment in human capital, particularly health and education, and development.

13. The PRGF provides an essential framework, together with complementary assistance from the World Bank, for supporting countries’ own growth strategies and for enabling HIPC debt relief to be translated into poverty reduction.

14. The Committee endorses the Progress Reports on the HIPC Initiative and Poverty Reduction Strategy Papers (PRSPs). It welcomes the progress made in developing country-owned poverty reduction strategies, including through the preparation of PRSPs, which now underpin the work of the Fund and World Bank in low-income countries. It also welcomes the progress in implementing the enhanced HIPC Initiative, and the commitment of the Fund and the Bank to do everything possible to bring 20 countries to their Decision Point by the end of 2000 to ensure that debt relief is provided in the context of a strong commitment to growth and poverty reduction. Recent shocks in terms of trade must not jeopardize this objective. The Fund, through its facilities, may need to respond flexibly to the needs of members that arise from a sustained period of high oil prices. Our efforts should be supported by increased technical assistance. The Committee urges members to work together and meet their commitments to full financing of the HIPC Initiative and the PRGF as soon as possible. It also urges all creditors to participate in the HIPC framework, while recognizing the special needs of particular creditors. The Committee looks forward to a productive discussion of the enhanced HIPC Initiative and the PRSP process at its joint meeting with the Development Committee.

Strengthening the International Financial Architecture and Reform of the Fund

Review of Fund Facilities

15. Following the Executive Board’s wide-ranging review of the IMF’s nonconcessional financial facilities, the Committee welcomes the agreement reached on modifications that are intended to enhance the precautionary nature of the Contingent Credit Line (CCL) and to preserve the revolving nature of the Fund’s resources.

  • The CCL has been modified, within its existing eligibility criteria, to make it a more effective instrument for preventing crises and resisting contagion for countries pursuing sound policies.

  • The terms of stand-by arrangements and the Extended Fund Facility (EFF) have been adapted to encourage countries to avoid reliance on Fund resources for unduly long periods or in unduly large amounts.

  • It has been reaffirmed that the EFF should be confined to cases where longer-term financing is clearly required.

  • It has been agreed that enhanced post-program monitoring could be useful, especially when credit outstanding exceeds a certain threshold level.

Enhancing Fund Surveillance, and Promoting Stability and Transparency in the Financial Sector

16. The Committee considers that Fund surveillance should be strengthened further and welcomes the recent initiatives in a range of areas. It reaffirms the role of the Article IV process as the appropriate framework within which to organize and discuss with members the results of work in these areas. Strengthened surveillance will help the Fund and its members to identify vulnerabilities and to anticipate threats to the financial stability of member countries. In this respect, it welcomes the continuing efforts to improve the Fund’s understanding of its members’ economies; the quality and availability of economic and financial data; Financial System Stability Assessments (FSSAs) derived from the joint Fund-World Bank Financial Sector Assessment Program (FSAP); Reports on Observance of Standards and Codes (ROSCs); and vulnerability indicators and early warning systems. It welcomes the joint Bank-Fund work on debt management guidelines, as well as the Fund’s work on sound reserves management practices, and its role in assessing offshore financial centers.

17. The Committee recognizes that the Fund has to play its role as part of the international efforts to protect the integrity of the international financial system against abuse, including through its efforts to promote sound financial sectors and good governance. It asks that the Fund explore incorporating work on financial abuse, particularly with respect to international efforts to fight against money laundering, into its various activities, as relevant and appropriate. It calls on the Fund to prepare a joint paper with the World Bank on their respective roles in combating money laundering and financial crime, and in protecting the international financial system, for discussion by their Boards before the Spring meetings and asks them to report to the Spring IMFC/Development Committee meetings on the status of their efforts.

18. The Committee is encouraged by the experience so far in preparing ROSCs and looks forward to the review later this year of the experience with assessing the implementation of standards. It notes their crucial role in helping countries to improve economic policies, identifying priorities for institutional and structural reform, and in promoting the flow of important information to markets. The Committee looks forward to the next review of the FSAP. It encourages members to participate in these initiatives.

19. The Committee notes that three issues at the core of the Fund’s mandate also require further consideration: exchange rate arrangements; the sequencing of financial sector development and capital account liberalization; and the monitoring and analysis of developments in international capital markets. The Committee encourages the Fund to deepen its work on international financial markets, including by improving its understanding of market dynamics and cross-border capital flows. It also urges the Fund to continue exploring ways of engaging more constructively the private sector on these matters, and welcomes the formation of the Capital Markets Consultative Group.

20. In the context of ongoing efforts to enhance the transparency and openness of the Fund, the Committee welcomes the Executive Board’s agreement to adopt a general policy of voluntary publication of Article IV and use of Fund resources staff reports and other country papers. It encourages members to move in principle toward publication of these documents.

Private Sector Involvement

21. The Committee endorses the report by the Managing Director on the involvement of the private sector in crisis prevention and management. It welcomes the progress on developing a framework for involving private creditors in the resolution of crises. The Committee notes that this approach strikes a balance between the clarity needed to guide market expectations and the operational flexibility, anchored in clear principles, needed to allow the most effective response in each case. The Committee notes that Fund resources are limited and that extraordinary access should be exceptional; further, neither creditors nor debtors should expect to be protected from adverse outcomes by official action.

22. The Committee agrees that the operational framework for private sector involvement must rely as much as possible on market-oriented solutions and voluntary approaches. The approach adopted by the international community should be based on the IMF’s assessment of a country’s underlying payment capacity and prospects of regaining market access. In some cases, the combination of catalytic official financing and policy adjustment should allow the country to regain full market access quickly. The Committee agrees that reliance on the catalytic approach at high levels of access presumes substantial justification, both in terms of its likely effectiveness and of the risks of alternative approaches. In other cases, emphasis should be placed on encouraging voluntary approaches, as needed, to overcome creditor coordination problems. In yet other cases, the early restoration of full market access on terms consistent with medium-term external sustainability may be judged to be unrealistic, and a broader spectrum of actions by private creditors, including comprehensive debt restructuring, may be warranted to provide for an adequately financed program and a viable medium-term payments profile. This includes the possibility that, in certain extreme cases, a temporary payments suspension or standstill may be unavoidable. The Fund should continue to be prepared to provide financial support to a member’s adjustment program despite arrears to private creditors, provided the country is seeking to work cooperatively and in good faith with its private creditors and is meeting other program requirements. The Committee urges progress in the application of the framework agreed in April 2000, and in further work to refine the analytical basis for the required judgments, and it looks forward to a progress report by its next meeting.

Good Governance and the Fund

23. The Committee views with concern a number of recent cases of misreporting to the Fund and stresses the importance of the steps being taken to improve the reliability of the information the Fund uses. It welcomes the application of the new safeguards assessment procedure to all new Fund arrangements, which will provide assurances of adequate control, reporting, and auditing procedures in borrowing countries.

24. The Committee strongly welcomes the Executive Board’s decision to establish an independent evaluation office (EVO), including the agreement to publish promptly its work program, and the strong presumption that its reports would be published promptly. The creation of this office will help the Fund to improve its future operations, and will enhance its accountability. It urges that the EVO become operational before the Spring 2001 meeting of the IMFC, and looks forward to receiving regular reports on the EVO’s work.

25. Quotas should reflect developments in the international economy. The Committee takes note of the Executive Board discussion of the work of the quota formulae group, and looks forward to the Board’s continued work on this issue.

26. The Committee takes note of the work of the Working Group to Review the Process of Selection of the Managing Director, which is being carried out in tandem with similar work in the World Bank on the Process of Selection of the President, and notes that the two groups will report together.

27. The Committee considers that the most valuable asset of the IMF is its outstanding staff, and the Committee highly values the staffs professionalism and dedication in executing the responsibilities of the Fund effectively and efficiently.

28. The Committee expresses its sincere appreciation for the excellent hospitality and support provided by the Czech authorities and the people of the Czech Republic.

Next Meeting of the Committee

29. The next meeting of the IMFC will be held in Washington, D.C. on April 29, 2001.

International Monetary and Financial Committee Composition

as of September 24, 2000

Gordon Brown, Chairman

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Alternate attending for the member:

Hamad Al-Sayari

Eddie George

Rod Kemp

Dato’ Shafie Mohd. Salleh

Makhtar Diop

Masaru Hayami

Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries (Development Committee)

Press Communiqué

September 25, 2000

1. The 62nd meeting of the Development Committee was held in Prague, Czech Republic, on September 25, 2000 under its new Chairman, Mr. Yashwant Sinha, Finance Minister of India. The Committee expressed its great appreciation to Mr. Tarrin Nimmanahaeminda, Minister of Finance of Thailand, for his valuable leadership and guidance to the Committee as its Chairman during the past two years.1

2. The Ministers’ discussions took place against the background of continuing public debate about the benefits and risks of globalization. Ministers stressed that the more integrated global economy and technological gains brought about by globalization should be a great source for economic and social progress, equity and stability, but that these results are not inevitable. Ministers recognized their important responsibility to help ensure that globalization works for the benefit of all, and not just the few, and reemphasized their commitment to strengthening the Bank, the Fund and other multilateral institutions as valuable allies in this effort whose ultimate objective is global poverty reduction, in particular halving the proportion in extreme poverty by the year 2015.

3. Poverty Reduction and Global Public Goods: In considering the role the Bank might play in global public goods in areas within its mandate, Ministers noted four key criteria for Bank involvement: clear value-added to the Bank’s development objectives; Bank action is needed to catalyze other resources and partnerships; a significant comparative advantage for the Bank; and an emerging international consensus that global action is required. They endorsed four areas for Bank involvement, in cooperation with relevant international organizations: facilitating international movement of goods, services and factors of production; fostering broad inclusion in the benefits of globalization and mitigating major economic and social problems, such as the transmission of disease and the consequences of conflict; preserving and protecting the environment; and creating and sharing knowledge relevant to development.

4. Ministers warmly endorsed the greatly expanded efforts being made by the Bank, the United Nations and other international, national and private partners, to combat communicable diseases, such as HIV/AIDS, malaria and tuberculosis. Ministers noted the progress made since the April meeting of the Committee, and were encouraged that the international consensus that AIDS and other widespread diseases created severe development problems was being turned into strengthened action. They also welcomed the commitment of International Development Association (IDA) donors to expand and make more flexible the concessional resources available for these activities, without compromising fundamental IDA allocation policies. They encouraged the Bank to press further ahead on its commitment to help turn back the global HIV/AIDS epidemic, and welcomed the recently approved $500 million IDA program for this purpose in Africa.

5. Ministers noted the Bank’s valuable role, in partnership with the Fund and other international agencies, in strengthening international financial architecture. This includes helping to develop appropriate standards and codes, taking account of the developing country perspective, in areas that are important to financial resilience and integration into the global financial system, and assisting countries to strengthen their related institutions and policies. Ministers also pointed to the importance for all nations of increased national and international efforts to combat cross-border financial abuse, such as money-laundering and other forms of abuse. They urged the Bank to expand its program of technical and advisory support as a significant contribution to greater participation by developing countries in a more open and equitable world trading system. They reiterated both the promise and the challenge of communications technology to promote equitable growth, and welcomed initiatives by the Bank to help provide greater access, in partnership with others, for poor countries and communities to the knowledge and information opportunities of the digital age.

6. Ministers recognized the need to explore further opportunities for securing appropriate financing for carefully selected priority global and regional programs with substantial impact on poverty reduction. This would require innovative use of World Bank lending and, in some cases, grant facilities, taking into account alternative sources of such funds and financial implications for the Bank, as well as of new forms of collaboration with international, bilateral, philanthropic and private partners. They stressed global public goods investments that benefited all countries should attract new resources.

7. The Committee looked forward to receiving at its next meeting a report on progress made in further delineating priority global public goods investment areas for the Bank, as well as on division of labor between development partners and the development of appropriate financing arrangements.

8. Bank Support for Country Development: Recognizing that working with individual countries remains the backbone of the Bank’s business, Ministers welcomed this initial opportunity for a broad review of the World Bank Group’s role and instruments in support of member countries’ development, taking into account the role of the IMF and other institutions.

9. Ministers emphasized that the Bank must tailor its support to reflect widely differing country situations. To help ensure that country programs are well grounded, Ministers urged the Bank to continue to strengthen its country diagnostic and other economic and sector work. They stressed the need to focus on relevance to the country concerned, and on opportunities for greater synergy with the work of the country and other development partners. Ministers noted that this analytic work, along with capacity building, took on added importance in light of the use of programmatic adjustment lending in support of borrowers’ social and structural reforms, and the vision for Bank and Fund roles and partnership set out in the September 5, 2000 Joint Statement by the President and the Managing Director.

10. Ministers emphasized the urgent need for the World Bank Group to clarify its agenda for institutional selectivity (based in part on its upcoming review of sector strategy papers), to manage carefully total demands made on Bank staff and other resources, and to work closely and systematically with other multilateral development banks and international organizations on a better coordination of responsibilities. Ministers stressed that multilateral and bilateral donors could contribute greatly to country ownership, more efficient use of resources, and achievement of the agreed International Development Goals, by making greater progress on the harmonization of their operational policies and procedures to reduce the burden on developing countries. Ministers asked the Bank to work closely with its partners and prepare a report for the Committee’s next meeting on progress with harmonization.

11. Ministers welcomed the Bank’s overall approach for low income countries and its proposals for achieving greater coherence among various program documents and instruments, including basing Country Assistance Strategies on Poverty Reduction Strategy Papers. Ministers welcomed the discussion of a poverty reduction support credit that would support poverty reduction strategies of governments and complement the Fund’s Poverty Reduction and Growth Facility. They suggested that in its further definition of the instrument, the Bank should also address the nature of the analytic work needed to underpin it, such as public expenditure reviews and poverty and fiduciary assessments. They also requested the Bank and the Fund to review the modalities for their cooperation in implementing both the Bank’s support credit and the Fund’s growth facility. Ministers stressed the importance of effective Bank/Fund coordination given the significant role the institutions play in support of poverty reduction in low-income countries.

12. Ministers reaffirmed the very important continuing role of the Bank Group in helping to reduce poverty in middle-income countries, home to so many of the world’s poor. They stressed that the Group’s focus must be on providing support that the private sector can not or will not provide and on fostering private-sector led economic growth. They welcomed the creation of a task force to address how the Group can best respond to the evolving development needs of this diverse group of economies. Ministers agreed that the task force should consider, inter alia, the modalities of conditionality and instruments to maximize the effectiveness of Bank assistance for countries at different stages of development and reform; the scope and conditions for providing borrowers more financial support for social and structural programs at times of market dislocation; the coverage of economic and sector work; and the costs of doing business with the Bank, including the implications for pricing of Bank products. Ministers looked forward to a progress report at their next meeting.

13. Heavily Indebted Poor Countries Initiative (HIPC): Ministers welcomed the progress achieved in implementing the Initiative and urged that all appropriate steps be taken to further strengthen the process. They noted that the enhancements endorsed at their meeting last year are resulting in “deeper, broader and faster” debt relief to eligible countries undertaking the economic and social reforms needed to reduce poverty. They noted in particular that to date, 10 countries have reached their decision point under the enhanced framework, and work is being accelerated within that framework to try to reach the goal of bringing 20 countries to this point by the end of the year. This is expected to result in combined debt service relief (including original and enhanced HIPC assistance) amounting to well over $30 billion. Taken together with traditional debt relief mechanisms, a total of about $50 billion will be provided to these countries.

14. Ministers also welcomed the increased efforts to improve implementation of the Initiative. They asked that the Bank and the Fund continue to work with other creditors and eligible countries to ensure that the modifications to the original HIPC framework (reflected in the enhanced Initiative endorsed a year ago), such as the provision of interim assistance beginning at the decision point and adoption of a floating completion point, provide the much needed support to qualifying countries on a timely basis. Ministers expressed support for the strengthened partnership between the two institutions in implementing the Initiative, and for their commitment to move forward as expeditiously as possible. It was recognized, however, that the pace of implementation would also be determined by country factors. Ministers supported maintaining a flexible approach with respect to track record requirements. They endorsed the extension of the “sunset clause” until end-2002 to allow additional countries, particularly those emerging from conflict, to participate in the Initiative. Ministers also reiterated that within the existing HIPC framework the option exists, at the completion point, to reconsider the amount of debt relief for countries seriously affected by exceptional adverse shocks.

15. Ministers stressed the importance of fully financing the enhanced HIPC Initiative, without compromising concessional facilities such as IDA. They urged all donors to meet their commitments of financial support, and welcomed the arrangements in place to accomplish this objective. While recognizing the special needs of particular developing and low-income transition country creditors, Ministers also urged all creditors to participate in the debt relief framework.

16. Poverty Reduction Strategy Papers: Ministers reviewed progress with respect to the Poverty Reduction Strategy approach, endorsed at their September 1999 meeting as a way to strengthen the link between poverty reduction, HIPC debt relief and Bank and Fund concessional lending. They noted the growing momentum in the adoption of the approach and the positive response to it on the part of countries and development partners. Ministers recognized the challenges countries faced due, inter alia, to limited data and institutional capacity, but urged movement from interim to full poverty reduction strategy papers on a timely basis. While strongly reiterating the core principle of country ownership, Ministers called on the Bank, the Fund and other agencies to provide appropriate technical support for countries’ strategy preparation efforts.

17. Comprehensive Development Framework: Ministers expressed support for the comprehensive approach to development reflected in the framework and welcomed the progress being made, and the lessons learned, in implementing it in pilot countries. They recognized that implementation is still at an early stage and many country-specific challenges remain, but noted that a wider application of the framework is already taking place in the preparation of Poverty Reduction Strategy Papers which are based on the framework’s principles, particularly that of achieving strong country ownership. They looked forward to reports of further progress in implementing the comprehensive development framework.

18. IBRD Financial Capacity: Ministers reviewed the World Bank’s updated report on this subject and confirmed that the Bank’s finances remained sound. At the same time, Ministers recognized that the Bank’s financial capacity may, in the case of significantly increased demand, limit its ability to respond. Ministers requested management and the Executive Board to keep this subject under review, including the level of Bank reserves.

19. Bank/Fund Staff: Ministers took this opportunity to express, on behalf of all member governments, their appreciation to Fund and Bank staff for their continued hard work and high level of dedicated service for the goals of the Bretton Woods Institutions.

20. Note of Appreciation: Ministers expressed their deep gratitude for the warm hospitality and support provided by the Czech authorities and the people of the Czech Republic.

21. Next Meeting: The Committee’s next meeting is scheduled for April 30, 2001 in Washington, D.C.

Development Committee Composition

as of September 25, 2000

Yashwant Sinha, Chairman

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Alternate attending for the member:

Hamad Al-Sayari

Rod Kemp

Charles Josselin

Yoshitaka Murata

Haruhiko Kuroda

E . A . S . Sarma

Timothy F. Geithner

Antonio Fazio

Jin Liqun

Ron Keller

Joint Session of Development Committee and the International Monetary and Financial Committee on HIPC and PRSP Implementation

Press Communiqué

September 24, 2000

1. Ministers of the Development Committee and the International Monetary and Financial Committee met jointly on September 24, 2000 to review progress on the enhanced Initiative for the Heavily Indebted Poor Countries (HIPC) and the Poverty Reduction Strategy Paper (PRSP) process. The joint meeting symbolizes the close cooperation and high political commitment of all countries and institutions to achieving a virtuous circle of debt relief, poverty reduction and economic growth for the poorest countries of the world.

2. Ministers believed that solid foundations have been laid for further progress in turning last year’s blueprints into this year’s reality. They agreed that since last year good momentum has developed in both the HIPC and PRSP programs and that real progress has been made towards broader, deeper and faster debt relief.

3. Ministers noted that 10 countries have already reached their decision points under the enhanced HIPC Initiative and have begun to receive relief. They welcomed the determination of the President of the World Bank and the Managing Director of the Fund to do everything possible to bring twenty countries to their decision points by the end of 2000. This is expected to result in combined debt service relief (including original and enhanced HIPC assistance) amounting to well over $30 billion. Taken together with traditional debt relief mechanisms, a total of about $50 billion will be provided to these countries. They noted that interim assistance beginning at the decision point had accelerated the provision of relief, and that the incorporation of the floating completion point offers qualifying countries the opportunity to reduce significantly the period between decision and completion point. In addition, Ministers reaffirmed the objective of the enhanced HIPC Initiative to deliver debt sustainability and noted that, within the existing HIPC framework, the option exists at the completion point to reconsider the amount of debt relief for countries seriously affected by exceptional adverse shocks.

4. While it was recognized that implementation would ultimately be determined by country-specific factors, Ministers welcomed recent steps to accelerate progress. These include, in particular, closer working partnership between the Bank and Fund through active work of the Joint Implementation Committee (JIC); flexibility in assessing countries’ track records, which should help to bring forward countries originally expected next year; and greater focus on key reforms to accelerate growth and poverty reduction. Consistent with the goal of broadening the initiative, Ministers supported the extension of the sunset clause for two more years to allow countries, particularly those emerging from conflict, time to enter the process. Ministers looked forward to consideration of Bank and Fund post-conflict work at the time of the Spring Meetings.

5. Ministers reiterated the importance of fully financing the enhanced HIPC Initiative, and urged all donors and creditors to meet their commitments of financial support.

6. Ministers recalled that a central component of the enhanced HIPC initiative is the strengthened link between debt relief and poverty reduction, to be made operational through country-owned PRSPs. They were encouraged that as many as 13 countries had already completed Interim PRSPs, and that two had already completed full PRSPs. They also noted that countries and their development partners had responded positively to both the promise and the challenge of the PRSP process, and were moving purposefully to put poverty at the center of nationally owned strategies. While reaffirming the principle of country ownership, Ministers urged all development partners to increase their efforts to provide additional technical assistance to support countries’ preparation of PRSPs, which should provide the context for IMF and IDA concessional assistance as well as that of donors and other multilateral institutions. In this context they welcomed the Bank’s proposal to develop a Poverty Reduction Support Credit and the key changes in the Fund’s Poverty Reduction and Growth Facility - for example, the enhanced link to PRSPs, ensuring appropriate flexibility in fiscal targets and making budgets more pro-poor and pro-growth.

7. Ministers emphasized that the early progress achieved with the enhanced HIPC Initiative and PRSPs needed to be supported by a sustained global effort from eligible countries, development partners, bilateral donors, multilateral agencies, and international civil society in order to make best use of these new opportunities.

ATTENDANCE

Members of Fund Delegations

Albania

  • Governor

    • Shkelqim Cani

  • Advisors

    • Teuta Baleta

    • Mimoza Vangjel Dhembi

    • Ermira Haxhi

    • Piro Milkani

    • Ermira Skenderi

    • Gjergji Teneqexhiu

    • Fatmir Xhaferi

Algeria

  • Governor

    • Abdelouahab Keramane

  • Temporary Alternate Governor

    • Ammar Hiouani

  • Advisors

    • Mohamed Alem

    • Babaammi Hadji

    • Abderrahmane Meziane-Cherif

Angola

  • Governor

    • Joaquim D. da Costa David

  • Alternate Governor

    • Aguinaldo Jaime

  • Advisors

    • Emanuel Maravilhoso Buchartts

    • Nazare da Conceicao Ferreira

    • Valentina Matias de Sousa Filipe

    • Celestino Eliseu Kanda

    • Luis F. Rodrigues Lelis

    • Laura M.P. de Alcantara Monteiro

    • Irene Beatriz F. Sobrinho

    • Cristina Van Dunem

Antigua and Barbuda

  • Governor

    • Lennox O. Weston

Argentina

  • Governor

    • Jose Luis Machinea

  • Alternate Governor

    • Mario Vicens

  • Advisors

    • Ricardo Carciofi

    • Oscar Cetrangolo

    • Julio Dreizzen

    • Carlos Alberto Lorenzo

    • A. Guillermo Zoccali

Armenia

  • Governor

    • Levon Barkhudaryan

  • Alternate Governor

    • Tigran Sargsyan

  • Advisors

    • Arthur Rudik Babayan

    • Nerses Yeritsyan

Australia

  • Governor

    • Rod Kemp

  • Alternate Governor

    • E.A. Evans

  • Advisors

    • Margaret Anne Adamson

    • Vanessa Beenders

    • Angela Margaret Carey

    • Joanne Evans

    • Stephen Grenville

    • David Hardy

    • Marcela Kasprzykova

    • Nicole Masters

    • Ross Muir

    • Zuzana Paluskova

    • Bev Sims

    • Gregory F. Taylor

    • Petr Vodvarka

Austria

  • Governor

    • Klaus Liebscher

  • Alternate Governor

    • Gertrude Tumpel-Gugerell

  • Advisors

    • Elisabeth Florkowski

    • Wolfgang Ippisch

    • Franz Nauschnigg

    • Rene Oberleitner

    • Johann Prader

    • Adolf Wala

    • Matthias Winkler

    • Peter F. Zoellner

Azerbaijan

  • Governor

    • Ilqar Fatizade

The Bahamas

  • Governor

    • William C. Allen

  • Alternate Governor

    • Julian W. Francis

  • Advisors

    • Maria-Teresa Butler

    • David Rostan Davis

    • Kevin Andrew Demeritte

    • Paul Feeney

    • Simon D. Wilson

Bahrain

  • Governor

    • Abdulla Hassan Saif

  • Alternate Governor

    • Abullah Bin Khalifa Al-Khalifa

  • Advisor

    • Isa Abdulrahman Al Thawadi

Bangladesh

  • Governor

    • Akbar Ali Khan

  • Alternate Governor

    • Mohammed Farashuddin

  • Advisors

    • Muhammad Musharraf Hossain Bhuiyan

    • Harunur Rashid Bhuyan

    • K. Anwarul Masud

Barbados

  • Governor

    • Owen S. Arthur

  • Alternate Governor

    • Marion Williams

  • Advisors

    • Harold E. Codrington

    • Kelvin Arthur Dalrymple

    • Michael Ian King

    • Peter H. Whitehall

Belarus

  • Governor

    • Petr Petrovich Prokopovich

  • Alternate Governor

    • Nikolay Petrovich Korbut

  • Advisors

    • Uladzimir Belski

    • Vasily Ivanovich Kornev

    • Vadim Sergeevich Misyukovets

    • Nikolai Sarvirov

Belgium

  • Governor

    • Guy Quaden

  • Alternate Governor

    • Gregoire Brouhns

  • Temporary Alternate Governor

    • Willy Kiekens

  • Advisors

    • Gino Pierre Alzetta

    • Hiliana Coessens

    • Kurt Delodder

    • Ronald De Swert

    • Marcia De Wachter

    • Ann-Sophie Dupont

    • Bruno G. Guiot

    • Pierre-Yves Jeholet

    • Christian Josz

    • Marc Marechal

    • Philippe Peeters

    • Dominique Servais

Belize

  • Governor

    • Ralph Fonseca

  • Alternate Governor

    • Keith A. Arnold

  • Advisors

    • Sydney J. Campbell

    • Eamon H. Courtenay

    • Hugh J.E. McSweaney

    • Samuel Stephens

Benin

  • Governor

    • Abdoulaye Bio Tchane

  • Alternate Governor

    • Idriss L. Daouda

  • Advisors

    • Emmanuel Assilamehoo

    • Romain Degla

    • Paul Derreumaux

    • Jean-Louis Gankpe-Houenouss

    • Theophile Montcho

    • Ibrahim Pedro Boni

    • Libasse Samb

    • Souleymane Tamboura

Bhutan

  • Governor

    • Sonam Wangchuk

  • Alternate Governor

    • . Penjore

Bolivia

  • Governor

    • Fernando Campero Prudencio

  • Alternate Governor

    • Jorge Requena Blanco

  • Advisor

    • Armando Pinell Siles

Bosnia and Herzegovina

  • Governor

    • Novak Kondic

  • Alternate Governor

    • Jadranko Prlic

  • Temporary Alternate Governor

    • Peter William Nicholl

  • Advisor

    • Zlatko Hurtic

Botswana

  • Governor

    • Linah K. Mohohlo

  • Alternate Governor

    • Freddy Modise

  • Advisors

    • Keith R. Jefferis

    • Kealeboga Masalila

Brazil

  • Governor

    • Pedro Sampaio Malan

  • Alternate Governor

    • Arminio Fraga Neto

  • Temporary Alternate Governors

    • Marcos Caramuru de Paiva

    • Daniel Luiz Gleizer

    • Gerson Machado Pires Filho

    • Murilo Portugal

  • Advisors

    • Maria Isabel Rezende Aboim

    • Aurora Maria Paiva de Almeida

    • Paulo Donizeti de Araujo

    • Patricia Goes Bakaj

    • Luis Antonio Balduino

    • Fabio de Oliveira Barbosa

    • João dos Reis Borges Muniz

    • Daso Maranhão Coimbra

    • Jose Linaldo Gomes de Aguiar

    • Eleazar de Carvalho Filho

    • Guilherme Gomes Dias

    • Carlos Eduardo Dutra

    • Gil Bernardo Borges Leal

    • Claudio de Almeida Machado

    • Acir Pimenta Madeira Filho

    • João Batista do Nascimento Magalhaes

    • Helio Mori

    • Jose Marcelo Lima Pontes

    • Byron Costa de Queiroz

    • Rubens Sardenberg

    • Isac Roffe Zagury

Brunei Darussalam

  • Alternate Governor

    • Haji Selamat Haji Munap

  • Temporary Alternate Governor

    • Hj Rosli bin Hj Sabtu

  • Advisors

    • Jefri Haji Mohd Salleh

Bulgaria

  • Governor

    • Svetoslav Veleslavov Gavriiski

  • Alternate Governor

    • Dimitar Borisov Radev

  • Advisors

    • Slavka Bozoukova

    • Margarita Ganeva Ganeva

    • Georgi Vassilev Georgiev

    • Nikolay Kirov Gueorguiev

    • Alan Lee Hawkins

    • Bojidar Lubenov Kabaktchiev

    • Plamen Vassilev Orecharski

    • Olga Antonova Raeva

    • Tentcho Ivanov Tenev

    • Martin Ljubenov Tomov

    • Valentin Petrov Tsvetanov

    • Vitko Ivanov Vitkov

    • Martin Hristov Yovchevsky

Burkina Faso

  • Governor

    • Tertius Zongo

  • Alternate Governor

    • Lucien Marie Noel Bembamba

  • Temporary Alternate Governor

    • Celestin Kouka Zalle

Burundi

  • Governor

    • Gregoire Banyiyezako

  • Alternate Governor

    • Cyprien Sinzobahamvya

  • Advisors

    • Thomas Ndikumana

    • Gerard Niyibigira

Cambodia

  • Governor

    • Chea Chan To

  • Alternate Governor

    • Eng Thay San

  • Advisors

    • Sokha Nguon

    • Sum Sannisith

    • Tal Nay Im

Cameroon

  • Governor

    • Edouard Akame Mfoumou

  • Alternate Governor

    • Sadou Hayatou

  • Temporary Alternate Governors

    • Jean-Marie Gankou

    • Urbain Olanguena Awono

  • Advisors

    • Aminou Bassoro

    • Bruno Iboklene

    • Christophe Ketchankeu

    • Rene T. Mbappou Edjenguele

    • Anatole Nkodo Ze

    • Ginette Ndame Obam Obam

    • Jean Tchoffo

    • Joseph Tedou

    • Pierre Titti

Canada

  • Governor

    • Paul Martin

  • Alternate Governor

    • Gordon G. Thiessen

  • Temporary Alternate Governors

    • Ian Bennett

    • Thomas A. Bernes

    • Joy Kane

  • Advisors

    • Howard Brown

    • Jean-Michel Catta

    • Jeffrey Allen Chelsky

    • John Davison

    • Dale Eisler

    • Margaret Huber

    • Paul William Jenkins

    • Jill E. Johnson

    • Alain Latulippe

    • Blake MacKenzie

    • Stephen Millar

    • Maria Minna

    • Doug Nevison

    • Pauline Picard

    • Scott Reid

    • Eric Siegel

    • Bill Singleton

    • Monte Solberg

    • Donald R. Stephenson

    • Ruth Thorkelson

Cape Verde

  • Governor

    • Olavo Avelino Garcia Correia

  • Alternate Governor

    • Luis Pedro Rodrigues

Maximiano

  • Advisors

    • John D.C. Hall

    • Antonio Pericles Silva

Central African Republic

  • Governor

    • Anicet-Georges Dologuele

  • Alternate Governor

    • Issa Allam-Ndoul

  • Advisors

    • Lazare Dokoula

    • Benoit Ketchekmen

    • Jean Nkuete

    • Andre Guy-Sinclair Tekpa

Chad

  • Governor

    • Mahamat Ali Hassan

  • Alternate Governor

    • Mahamad Amine Ben Barka

  • Advisors

    • Bidjere Bindjaki

Chile

  • Governor

    • Carlos A. Massad

  • Alternate Governor

    • Guillermo R. Le Fort Varela

  • Advisors

    • Jaime L. Estevez

    • Ana Maria Jul

    • Felipe G. Morande

    • Heinz P. Rudolph

    • Marta Tonda Mitri

    • Kathleen Uribe

China

  • Governor

    • Dai Xianglong

  • Alternate Governor

    • Li Ruogu

  • Temporary Alternate Governors

    • Norman Chan

    • Ge Huayong

    • Qi Jin

    • Teng Lin Seng

    • Donald Tsang

    • Benhua Wei

  • Advisors

    • Cao Zhihong

    • Chai Minqi

    • May Chan

    • Carman Chiu

    • Chu Man Ling

    • Fong Ngai

    • He Jianxiong

    • Jin Zhongxia

    • Jonathan Laurier Lange

    • Lao Kam Chio

    • Francis Lau

    • Andrew Leung

    • Fushou Liu

    • Zhengming Liu

    • Yang Luo

    • Teresa Sair

    • Sun Ping

    • Wang Yanzhi

    • Wong Alfred

    • Teresa Wong

    • Yang Tao

    • Yu Jiangyan

    • Philip Yung

Colombia

  • Governor

    • Miguel Urrutia Montoya

  • Temporary Alternate Governors

    • Carlos Caballero Argaez

    • Sergio Clavijo Vergara

    • Luis Bernardo Florez Enciso

    • Roberto Junguito

    • Maria Mercedes Rengifo de Duque

    • Jaime Eduardo Ruiz Llano

    • Juan Manuel Santos Calderon

  • Advisors

    • Patricia Correa Bonilla

    • Alberto de Brigard

    • Maria Claudia Franco

    • Gustavo Adolfo Lopez Garcia

    • Belarmino Pinilla

Comoros

  • Governor

    • Assoumany Aboudou

  • Alternate Governor

    • Said Ahmed Said Ali

  • Advisors

    • Mohamed Abdallah

    • Abdoul Ahamadi

Republic of Congo

  • Governor

    • Mathias Dzon

  • Alternate Governor

    • Pacifique Issoibeka

  • Advisors

    • Paul-Adam Dibouilou

    • Albert Gambou

    • Roger Gossaki

    • M. Kaba-Mbouala

    • Leon Raphael Mokoko

Costa Rica

  • Governor

    • Eduardo Lizano Fait

  • Alternate Governor

    • Marta E. Arrea

  • Advisors

    • Enrique Carballo

    • Roy Gonzalez Rojas

Côte d’Ivoire

  • Governor

    • Kouame Yao

  • Alternate Governor

    • Lansina Bakary

  • Advisors

    • Alexandre Assemien

    • Adamoh Djelhi Yahot Moliere

    • Koffi Paul Koffi

    • Leon Naka

    • Alassane Sogodogo

Croatia

  • Alternate Governor

    • Boris Vujcic

  • Temporary Alternate Governors

    • Slavko Linic

    • Tomislav Presecan

  • Advisors

    • Jadranka Bosnjak

    • Jadranka Granic

    • Damir Kustrak

    • Marica Zorica Matkovic

    • Zoran Piculjan

    • Marko Skreb

Cyprus

  • Governor

    • A.C. Afxentiou

  • Alternate Governor

    • H.G. Akhniotis

  • Advisors

    • Leslie G. Manison

    • Costas Orphanides

    • Nicos Panayi

Czech Republic

  • Governor

    • Josef Tosovsky

  • Alternate Governor

    • Jan Mladek

  • Advisors

    • Vit Barta

    • Vladimir Bezdek

    • Ales Capek

    • Vladislav Cieslar

    • Jirina Dienstbierova

    • Pavel Dvorak

    • Petra Edelmannova

    • Kamil Galuscak

    • Jan Gregor

    • Jan Hampl

    • Jiri Havel

    • Jiri Havlik

    • Hana Heidlerova

    • Miloslav Hejnak

    • Jana Hendrichova

    • Tomas Hladek

    • Tibor Hledik

    • Tomas Holub

    • Milena Horcicova

    • Vlastimil Horkel

    • Miroslav Hrncir

    • Zdenek Hruby

    • Vratislav Izak

    • Lubos Janda

    • Eduard Janota

    • Emilie Jasova

    • Marcela Jezkova

    • Martina Jezkova

    • Jiri Jonas

    • Ota Kaftan

    • Vera Kamenickova

    • Jitka Kodesova

    • Miroslav Kostel

    • Vladimir Krejca

    • Petr Krejci

    • Ales Krejdl

    • Jana Krelinova

    • Petr Kubernat

    • Jiri Kudlik

    • Martin Kujal

    • Lenka Loudova

    • Dimitrij Loula

    • Zdenek Lukes

    • Marie Mac Donaldova

    • Marcela Malinova

    • Vera Masindova

    • Marian Mayer

    • Premysl Micka

    • Vera Nepimachova

    • Ludek Niedermayer

    • Igor Ocka

    • Jaroslav Orzendovic

    • Jiri Palan

    • Radek Pilar

    • Jiri Pospisil

    • Robert Potac

    • Petr Prochazka

    • Helena Prochazkova

    • Pavel Racocha

    • Vaclav Rombald

    • Dana Rottova

    • Jiri Roudny

    • Jan Saiga

    • Ales Satanek

    • Jan Schmidt

    • Petr Sedlacek

    • Frantisek Skoda

    • Katerina Smidkova

    • Pavel Soukup

    • Jiri Spicka

    • Pavel Stepanek

    • Jiri Strach

    • Leopold Surga

    • Helena Suvova

    • Pavel Telicka

    • Milan Tomanek

    • Zdenek Tuma

    • Radek Urban

    • Libor vacek

    • Drahomira Vaskova

    • Jana Vavrincova

    • Jiri Vetrovsky

    • Zdenek Virius

    • Jan Vit

    • Jaromir Vlcek

    • Ivana Vlkova

    • Petr Vojtisek

    • Ladislav Zelinka

    • Kamil Ziegler

    • Jiri Zimola

    • Veronika Znamenackova

    • Pavel Zubek

Denmark

  • Governor

    • Jens Thomsen

  • Alternate Governor

    • Michael Dithmer

  • Temporary Alternate Governors

    • Henrik W. Fugmann

    • Kai Aaen Hansen

  • Advisor

    • Lemmi Kristiina Tui

Djibouti

  • Governor

    • Djama Mahamoud Haid

  • Alternate Governor

    • Houmed Abdou Daoud

  • Advisor

    • Ali Farah Assoweh

Dominica

  • Governor

    • Ambrose George

  • Alternate Governor

    • Ambrose M.J. Sylvester

Dominican Republic

  • Governor

    • Francisco M. Guerrero Prats-R.

  • Temporary Alternate Governor

    • Eduardo Garcia Michel

  • Advisors

    • Clarissa de la Rocha de Torres

    • Alba Cabral Pena-Gomez

Ecuador

  • Governor

    • Jose Luis Ycaza

  • Alternate Governor

    • Leopoldo Baez Carrera

  • Temporary Alternate Governor

    • Juan Falconi Puig

  • Advisors

    • Guillermo A. Lasso

    • Francisco Arosemena

    • Maritza Ines Cabezas

    • Ramiro Esteban Crespo Fabara

    • Pedro Kohn

    • Oscar Loor

    • Romulo Muentes

    • Patricio Rubianes

    • Daisy Luz Vargas

    • Linda Vasquez

    • Mauricio An Yepez Najas

Egypt

  • Governor

    • Ismail Hassan Mohamed

  • Temporary Alternate Governor

    • Mohamed Awny Mahfouz

  • Advisors

    • Mohamed Al-Diwany

    • Sanaa Attallah

    • Mohamed Doweidar

    • Tatjana Masitova

    • Hisham Nagi

El Salvador

  • Governor

    • Rafael Barraza

  • Alternate Governor

    • Nicola Ernesto Angelucci Silva

  • Advisors

    • Claudio Manuel de Rosa Ferreira

    • Craig Leon

    • Roberto Rivera Campos

Equatorial Guinea

  • Governor

    • Miguel Abia Biteo Boriko

  • Alternate Governor

    • Martin Crisantos Ebe Mba

  • Advisors

    • Carlos Damian Baca Eboro

    • Rafael Tung Nsue

Eritrea

  • Governor

    • Tekie Beyene

  • Alternate Governor

    • Woldai Futur

Estonia

  • Governor

    • Vahur Kraft

  • Alternate Governor

    • Aare Jarvan

  • Temporary Alternate Governor

    • Tanel Ross

  • Advisors

    • Kersti Kaljulaid

    • Marge Laast

    • Valdur Laid

    • Ulle Lohmus

    • Madis Muller

    • Marten Ross

    • Ingrid Toming

    • Andres Trink

    • Madis Uurike

    • Daniel Vaarik

Ethiopia

  • Governor

    • Teklewold Atnafu

  • Temporary Alternate Governor

    • Gebreyesus Guntih Hellamo

  • Advisors

    • Brutawit Dawit Abdi

    • Moges Chemere Belachew

    • Yilma Chanyalew

    • Girma Negash Damessa

    • Amerga Kassa

    • Temesgen Kebede

    • Neway Gebreab

    • Philippos Wolde Mariam

    • Lulseged Teferi

    • Tadelle Teferra

    • Esubalew Tekeste Negatu

Fiji

  • Governor

    • Savenaca Narube

  • Alternate Governor

    • Uday Singh

  • Advisor

    • Isikeli Mataitoga

Finland

  • Governor

    • Matti Vanhala

  • Alternate Governor

    • Esko Ollila

  • Temporary Alternate Governor

    • Kjell Peter Soederlund

  • Advisors

    • Markiis Fogelholm

    • Kerstin M. Heinonen

    • Olli-Pekka Lehmussaari

France

  • Governor

    • Laurent Fabius

  • Alternate Governor

    • Jean-Claude Trichet

  • Temporary Alternate Governors

    • Herve Hannoun

    • Jean-Claude Milleron

  • Advisors

    • Elisabeth Ardaillon-Poirier

    • Gilles Bauche

    • Jean-Joseph Boillot

    • Sandrine Boucher

    • Arnaud Chneiweiss

    • Philippe Coste

    • Bertrand Couillault

    • Philippe Cristelli

    • Delphine D’Amarzit

    • Bruno Deletre

    • Pierre Jaillet

    • Didier Janci

    • Bruno Jeudy

    • Jean-Pierre Lacroix

    • Jacques Le Pape

    • Jacques Mistral

    • Nina Mitz

    • Robert Moulie

    • Emmanuel Moulin

    • Danielle Noirclerc-Schoenberg

    • Jean-Pierre Patat

    • Dominique Perreau

    • Jean Pesme

    • Guy Pontet

    • Florence Ribard

    • Ann W. Scoffier

    • Marc-Olivier Strauss-Kahn

    • Gilles Vaysset

Gabon

  • Temporary Alternate Governor

    • Michael Adande

    • Philibert Andzembe

  • Advisors

    • Laure Olga Gondjout

    • Lambert Ondo Ndong

    • Luc Oyoubi

The Gambia

  • Governor

    • Momodou A. Ceesay

  • Alternate Governor

    • Momodou Clarke Bajo

  • Advisors

    • Grahame J. Nathan

    • Sidi M. Sanneh

Georgia

  • Governor

    • Irakli Managadze

  • Alternate Governor

    • Temur Basilia

Germany

  • Governor

    • Ernst Welteke

  • Alternate Governor

    • Hans Eichel

  • Temporary Alternate Governors

    • Bernd Esdar

    • Axel R.K. Nawrath

    • Georg Michael Roeskau

    • Stefan Schoenberg

    • Juergen Stark

  • Advisors

    • Joerg Asmussen

    • Helmut Breiderhoff

    • Leo Dautzenberg

    • Martin Dippl

    • Wolf-Dieter Donecker

    • Martin Friewald

    • Alexander Gross

    • Volker Halsch

    • Stefanie Hamacher

    • Dietrich Hartenstein

    • Bernd Heiden

    • Maria Heider

    • Antje Hermenau

    • Elke Kallenbach

    • Reiner Kotschi

    • Rudolf Kraus

    • Sabine Lanver

    • Klaus Lennartz

    • Detlef Lingemann

    • Heinz-Ulrich Luettger

    • Edgar Meister

    • Florian Meyerhoefer

    • Georg Milbradt

    • Wolfgang Moerke

    • Frank Mumpro

    • Claudia Oehm

    • Elke Pedack

    • Gregor Alexander Pieske

    • Adolf Roth

    • Christine Scheel

    • Bernd Scheelen

    • Emil Schnell

    • Claus-Peter Schollmeier

    • Gerhard Sennlaub

    • Karlheinz Walch

    • Bernd Walter

    • Angelika Waschk

    • Rolf Wenzel

    • Klaus-Peter Willsch

    • Franz-Christoph F.K. Zeitler

    • Michaela Zintl

Ghana

  • Governor

    • Kwabena Duffuor

  • Temporary Alternate Governor

    • Joseph Godson Amamoo

  • Advisors

    • Osa Ahinakwah

    • Christian Baeta

    • William Panford Bray

    • Percival Alfred Kuranchie

    • John Kwabena Kwakye

    • Emmanuel Korley Martey

    • Chris Nartey

    • Samuel Valis-Akyianu

    • Henry A.K. Wampah

Greece

  • Governor

    • Lucas D. Papademos

  • Alternate Governor

    • Nikolaos C. Garganas

  • Advisors

    • Julie Christou

    • Gikas Hardouvelis

    • Georgios Kasmas

    • Georges Linardos

    • Spyros P. Papanicolaou

    • Panagiotis A. Pliatsikas

    • George Politakis

    • Harilaos Vittas

Grenada

  • Governor

    • Anthony Boatswain

  • Alternate Governor

    • Timothy Antoine

Guatemala

  • Governor

    • Lizardo Arturo Sosa Lopez

  • Temporary Alternate Governors

    • Jose Antonio Blanco Gomez

    • Oscar Lionel Figueredo Ara

    • Mario Alberto Garcia Lara

  • Advisors

    • Jose Alfredo Blanco Valdes

    • Julio Roberto Suarez

    • Arturo Tobar Blanco

Guinea

  • Governor

    • Cheick Ahmadou Camara

  • Alternate Governor

    • Ibrahima Cherif Bah

  • Advisors

    • Koikou Felix Assamoi

    • Boubacar Bah

    • Marguerite Maurel Camara

    • Mohamed Alkaly Daffe

    • Alpha Diallo

    • Thierry Thierno Diallo

    • Claus M. Hable

    • Marie-Agnes Toure

    • Sekou Traore

Guinea-Bissau

  • Governor

    • Rui Duarte Barros

  • Alternate Governor

    • Francisco Camala

  • Advisors

    • Fernando Correia

    • Luis Candido Lopes Ribeiro

    • Juan C. Vilanova

Guyana

  • Governor

    • Saisnarine Kowlessar

  • Alternate Governor

    • Gobind Nauth Ganga

Haiti

  • Governor

    • Fritz Jean

  • Alternate Governor

    • Sylvain Lafalaise

  • Advisors

    • Henry Cassion

    • Dona-Lisa Danies

    • Ketleen Florestal

    • Georgette Jean-Louis

    • Ericq Pierre

Honduras

  • Governor

    • Victoria Asfura de Diaz

  • Alternate Governor

    • Jesus Ernesto Anariba Alvarenga

  • Advisors

    • Juan Carlos Aguilar-Perales

    • Jorge A. Alvarado L.

    • Federico Alvarez

    • Jacobo Nicolas Atala Zablah

    • Manuel de J. Bautista F.

    • Guillermo Bueso

    • Mauricio Diaz Burdett

    • Jorge Alejandro Faraj R.

    • Orlando Enrique Garner O.

    • Francisco Machado Leiva

    • Matthew H. Martin

    • Amado H. Nunez

    • Laura Elena Nunez

    • Mario Rietti

    • Carlos A. Rivera Xatruch

Hungary

  • Governor

    • Gyorgy Suranyi

  • Alternate Governor

    • Peter Adamecz

  • Advisors

    • Laszlo Bogar

    • Laszlo Buzas

    • Akos Cseres

    • Tibor Erhart

    • Julianna Feher

    • Imrene Kloknicer

    • Laszlo Lengyel

    • Erzsebet Wurdits

    • Szilvia Zador

Iceland

  • Governor

    • Birgir Isl. Gunnarsson

  • Advisors

    • Ingimundur Fridriksson

    • Olafur Isleifsson

India

  • Governor

    • Yashwant Sinha

  • Alternate Governor

    • Bimal Jalan

  • Temporary Alternate Governors

    • Shankar Nath Acharya

    • Vijay L. Kelkar

  • Advisors

    • Girish Dhume

    • Praveen Kumar Gautam

    • Sandip Ghose

    • Narendra Jadhav

    • M.R. Nair

    • R.K. Singh

    • Bharat Bhushan Vyas

Indonesia

  • Alternate Governor

    • Noor Fuad

  • Temporary Alternate Governors

    • Anwar Nasution

    • Rizal Ramli

  • Advisors

    • Arief Arryman

    • Cyrillus Harinowo

    • Jeffrey Kairupan

    • Dendy Kurniawan

    • Rachmat Saleh

    • Hartadi A. Sarwono

    • Tirta Segara

    • Maman Husein Somantri

    • Ignatius Tri Handoyo

Islamic Republic of Iran

  • Governor

    • Mohsen Nourbakhsh

  • Alternate Governor

    • Mohammad Javad Vahaji

  • Temporary Alternate Governor

    • Mohammad Jafar Mojarrad

  • Advisors

    • Aziz Farrashi

    • Mohammad-Hadi Mahdavian

    • Abbas Mirakhor

    • Morteza Moradian

    • Abbas Norouzi

    • Abbas Shahyar

    • Mohammad Javad Shariati

    • Mohsen Sharif Khodaei

    • Mohammad R. Shojaeddini

Iraq

  • Governor

    • Faik Ali Abdul Rasool

  • Alternate Governor

    • Abdul Ahad P. Toma

Ireland

  • Governor

    • Charlie McCreevy

  • Alternate Governor

    • Maurice O’Connell

  • Temporary Alternate Governors

    • Elizabeth Beckett

    • Peter Charleton

    • John Hurley

    • Padraig McGowan

    • Noel O’Gorman

    • George Reynolds

    • Michael J. Somers

  • Advisors

    • Michael Collins

    • Amanda Johnston

    • Adrian J. Kearns

    • Noeleen C. McCreevy

    • Dermot McGauran

    • Hannah O’Riordan

Israel

  • Governor

    • Avraham B. Shochat

  • Alternate Governor

    • Meir Sokoler

  • Advisors

    • Oren Anolik

    • Eddy Azoulay

    • Ohad Bar-Efrat

    • Dan Catarivas

    • Yaacov Driks

    • Erez Gilhar

    • Erella Hadar

    • Leora Hadar

    • Milan Kenkus

    • Ofer Eliezer Levy

    • Einav Livne

    • Sylvia Piterman

    • Gideon Schurr

    • Alon Shoham

Italy

  • Governor

    • Vincenzo Visco

  • Alternate Governor

    • Vincenzo Desario

  • Advisors

    • Fabrizio Befani

    • Giuseppina Belviso

    • Lorenzo Bini-Smaghi

    • Pierluigi Ciocca

    • Pierluigi Conti

    • Angelo de Mattia

    • Riccardo Faini

    • Paolo Faiola

    • Fabio Franceschini

    • Giorgio Gomel

    • Vittorio Grilli

    • Vincenzo La Via

    • Francesca Manno

    • Giuseppe Maresca

    • Arturo Olivieri

    • Cecilia Piccioni

    • Vincenzo Pontolillo

    • Francesco Puccio

    • Giorgio Ricordy

    • Roberto Rinaldi

    • Fabrizio Saccomanni

    • Carlo Santini

    • Giuseppe Schlitzer

    • Franco Tempesta

Jamaica

  • Governor

    • Omar Lloyd Davies

  • Alternate Governor

    • Derick Latibeaudiere

Japan

  • Governor

    • Kiichi Miyazawa

  • Alternate Governor

    • Masaru Hayami

  • Temporary Alternate Governors

    • Yuzo Harada

    • Kiyoto Ido

    • Takatoshi Ito

    • Tadashi Iwashita

    • Seiji Kojima

    • Haruhiko Kuroda

    • Masayuki Matsushima

    • Yoshitaka Murata

    • Koji Tanami

    • Yoshihisa Ueda

    • Ken Yagi

    • Yukio Yoshimura

  • Advisors

    • Masayoshi Amamiya

    • Toshihiro Araki

    • Masatsugu Asakawa

    • Mitsuhiro Furusawa

    • Yasuhiro Hayasaki

    • Toshiaki Hiromitsu

    • Atsushi Iizuka

    • Masato Kanda

    • Takuo Komori

    • Kazutomi Kurihara

    • Susumu Kuwahara

    • Junichi Maruyama

    • Kunio Matsuda

    • Nobuchika Mori

    • Tokio Morita

    • Yoichi Nemoto

    • Kentaro Ogata

    • Kenji Okamura

    • Yoshio Okubo

    • Toshio Oya

    • Tomoyuki Saisu

    • Hidehiko Sogano

    • Yoshiyuki Tahara

    • Haruyuki Toyama

    • Yasusuke Tsukagoshi

    • Shinichi Uchida

    • Hiroshi Watanabe

    • Jun Yamada

    • Mamoru Yanase

    • Masanori Yoshida

Jordan

  • Governor

    • Michel Marto

  • Alternate Governor

    • Ziad Fariz

  • Advisors

    • Muhammad M.A. Hamadah Abdallah

    • Abdel Qader Abdel Hakim Al Dweik

    • Awad Abboud Fadayel

    • Ghassan F. Ifram

    • Zuhair Khouri

Kazakhstan

  • Governor

    • Grigori Marchenko

  • Advisors

    • Alnur Jumanbekov

    • Sovetkali Kartbayev

Kenya

  • Governor

    • Micah Kiprono Cheserem

  • Alternate Governor

    • Maurice John Pette Kanga

  • Advisors

    • Mark Letitoiya Lesiit

    • Benson Ouma Ogutu

    • Chiboli Induli Shakaba

Kiribati

  • Governor

    • Beniamina Tinga

  • Alternate Governor

    • Timi Kaiekieki

  • Advisor

    • Haruko Fukuda

Korea

  • Governors

    • Nyum Jin

    • Chol-Hwan Chon

  • Temporary Alternate Governors

    • Yong-Duk Kim

    • Kwi-Sup Yoon

  • Advisors

    • Il Sang Bae

    • Chang-Beom Cho

    • In-Kang Cho

    • Jae-Young Choi

    • Kwang-Won Chung

    • Ho Hyun Jang

    • Kwang-Woo Jun

    • Hak-Ryul Kim

    • Kum-Ran Kim

    • Sirn-Byung Kim

    • Sung-Bae Kim

    • Dae-Hee Lee

    • Hyoung-Ryoul Lee

    • Shang-Heon Lee

    • Woon-Ki Lyeo

    • Jin-Woong Nam

    • Jong Nam Oh

    • Kwang-Pyo Oh

    • Byung-Hwa Rhee

    • Dong-Kyu Shin

    • Hyung-Goo Shin

    • Yeon-Sung Shin

    • Il-Seob Soh

    • Min-Ho Son

    • Cheon-Sik Yang

Kuwait

  • Governor

    • Ahmed Abdullah Al-Ahmed Al-Sabah

  • Alternate Governor

    • Saleh Mubarak Al-Falah

  • Advisors

    • Sami Husain Alanbaee

    • Yousef Al-Awadi

    • Waleed Mohammed Al-Huwaishel

    • Talal Allaf

    • Yousef B.Y.H. Al-Roumi

    • Khalid Sulaiman Al-Ruwaih

    • Salem Abdullah Al-Ahmed Al-Sabah

    • Mustafa Jassim Al-Shamali

    • Bader Saleh Al-Tunaib

    • Ahmad Mohammed Abdulrehman Bastaki

    • Ahmad Abduallah Bu-Zuobar

    • Hassan Sleiman Ezzeddine

Kyrgyz Republic

  • Governor

    • Ulan Sarbanov

  • Alternate Governor

    • Sadriddin Jienbekov

Lao People’s Democratic Republic

  • Governor

    • Soukanh Mahalath

  • Temporary Alternate Governor

    • Khamsouk Sundara

Latvia

  • Governor

    • Gundars Berzins

  • Alternate Governor

    • Einars Repse

  • Advisors

    • Roberts Latvis Grava

    • Aija Odina

    • Juris Pogrebnaks

    • Ilmars Rimsevics

    • Inna Steinbuka

    • Inguna Sudraba

    • Inta Vasaraudze

    • Aivars Veiss

Lebanon

  • Governor

    • Riad Toufic Salameh

  • Alternate Governor

    • Marwan M. Nsouli

  • Advisors

    • Jihad Azour

    • Ali Abdallah El-Jammal

    • Anwar Ali Jammal

    • Zouheir Kazzaz

    • Farid Raphael

Lesotho

  • Governor

    • M.C. Mphutlane

  • Alternate Governor

    • Stephen Mustapha Swaray

  • Advisors

    • Lebohang Kenneth Moleko

    • Mary Manneko Monyau

    • Edward Thabo Nyepetsi

    • Refiloe Tlali

Liberia

  • Governor

    • M. Nathaniel Barnes

  • Alternate Governor

    • Elie E. Saleeby

  • Advisors

    • Nathaniel Gbaba

    • Boimah Taylor

Socialist People’s Libyan Arab Jamahiriya

  • Governor

    • Taher E. Jehaimi

  • Alternate Governor

    • Abdalla Ali Khalifa

  • Advisors

    • Saleh Ahmed Keshlaf

    • Bashir Mahmud H. Nahaesi

Lithuania

  • Governor

    • Reinoldijus Sarkinas

  • Alternate Governor

    • Dalia Grybauskaite

  • Advisors

    • Vygintas Grinis

    • Daiva Kamarauskiene

    • Arunas Kaminskas

    • Rima Kaziliuniene

    • Stasys Kropas

Luxembourg

  • Governor

    • Jean-Claude Juncker

  • Alternate Governor

    • Yves Mersch

  • Advisors

    • Michele Eisenbarth

    • Robert Goebbels

    • Jerome Hamilius

    • Georges A. Heinen

    • Emile Jung

    • Serge Kolb

    • Jan Prusak

    • Jean-Pierre Schoder

Former Yugoslav Republic of Macedonia

  • Governor

    • Ljube Trpeski

  • Alternate Governor

    • Antoneta Manova Stavreska

  • Advisors

    • Goran Ancheski

    • Zoran Jovanovski

    • Ljupka Mindosheva

Madagascar

  • Governor

    • Tantely R.G. Andrianarivo

  • Alternate Governor

    • Gaston Edouard Ravelojaona

  • Temporary Alternate Governor

    • Zina Andrianarivelo-Razafy

  • Advisors

    • Jocelyn Andriambahiny

    • Vonintsalama Andriambololona

    • Jocelyn Victor Rafidinarivo

    • Andre Rajaonah-Ratsimisetra

    • Daniel Ramarokoto

    • Florence Ramarokoto

    • Christian Guy Dettriga Rasolomanana

Malawi

  • Governor

    • Elias E. Ngalande

  • Alternate Governor

    • R.P. Dzanjalimodzi

  • Advisors

    • Esther Chioko

    • Charles S.R. Chuka

    • Maxwell Mkwezalamba

    • Kassam Okhai

    • Ted Thokozani Sitimawina

    • Alfred A. Upindi

    • Patrick Francis Zimpita

Malaysia

  • Governor

    • Shafie Mohd. Salleh

  • Temporary Alternate Governor

    • Latifah Merican Cheong

  • Advisors

    • John Patrick Antonysamy

    • Khairuddin Hj. Arshad

    • Ng Chow Soon

    • Wan Fadzmi Othman

    • Raja Zaharaton Bte Raja Zainal Abidin

    • Siti Hadzar Mohn. Ismail

Maldives

  • Governor

    • Mohamed Jaleel

  • Alternate Governor

    • Ibrahim Naeem

Mali

  • Governor

    • Bacari Kone

  • Alternate Governor

    • Bangaly N’ko Traore

  • Advisors

    • Abdoulaye Daffe

    • Idrissa Traore

Malta

  • Governor

    • Michael C. Bonello

  • Temporary Alternate Governor

    • Alfred De Marco

  • Advisors

    • Robert Aquilina

    • Edward J. Scicluna

Marshall Islands

  • Governor

    • Patrick Chen

Mauritania

  • Governor

    • Mahfoudh Ould Mohamed Ali

  • Alternate Governor

    • Sidi Ould Mouhamdi

  • Advisors

    • Lemine Mohamed El Jailani

    • Mohamed Salem Ould Abdessalam

    • Mohamed Lemine Ould Khlil

    • Bekaye Ould Sidi Mohamed

Mauritius

  • Temporary A Iternate Governor

    • Abdel Rehman Ismael

Mexico

  • Governor

    • Guillermo Ortiz Martinez

  • Alternate Governor

    • Luis Ernesto Derbez

  • Temporary Alternate Governors

    • Gonzalo Aguirre Enrile

    • Javier Guzman-Calafell

  • Advisors

    • Armando Baqueiro

    • Agustin Carstens

    • Claudio Guzman Mendez

    • Roberto Marino

    • Moises Pineda

    • Erwin Roeniger

    • Iliana Sansores

Federated States of Micronesia

  • Governor

    • John Ehsa

  • Alternate Governor

    • Lorin S. Robert

Moldova

  • Governor

    • Leonid Talmaci

  • Alternate Governor

    • Victor Vasile Chiriac

  • Advisors

    • Stela Axenti

    • Rutger Palmstierna

Mongolia

  • Governor

    • Ochirbat Chuluunbat

  • Temporary Alternate Governor

    • Tserendagvyn Odongua

  • Advisor

    • Ochirvaani Chimgee

Morocco

  • Governor

    • Mohamed Seqat

  • Temporary Alternate Governor

    • Abdelmalek Ouenniche

  • Advisors

    • Omar Alaoui Benhachem

    • Othman Benjelloun

    • Mohammed Dairi

    • Lahbib El-Idrissi Lalami

    • Mohamed El Merghadi

    • Abdellah El-Ouadrhiri

    • Mustapha Faris

    • Omar Hasnaoui Chaoui

    • Abdesselam Ouazzani

Mozambique

  • Governor

    • Luisa Dias Diogo

  • Temporary Alternate Governor

    • Antonio Fernando Laice

  • Advisors

    • Piedade Macamo Matavela

    • Jose A. Sulemane

    • Daniel Gabriel Tembe

Myanmar

  • Governor

    • Kyaw Kyaw Maung

  • Alternate Governor

    • Nyo Myint

  • Advisors

    • Tha Yin Myat

    • Kyi Shein

    • Wynn Thein

Namibia

  • Governor

    • Nangolo Mbumba

  • Alternate Governor

    • Thomas K. Alweendo

  • Advisors

    • Chris Hoveka

    • Penda Kiiyala

Nepal

  • Governor

    • Dipendra Purush Dhakal

  • Alternate Governor

    • Madhav Prasad Ghimire

  • Advisors

    • Gopal S. Kakshapati

    • Yuba Raj Khatiwada

    • O.B.L. Maskey

    • Uttam B. Pun

    • Devendra Pratap Shah

    • Prakash Shrestha

Netherlands

  • Governor

    • A.H.E.M. Wellink

  • Alternate Governor

    • Kees van Dijkhuizen

  • Temporary Alternate Governors

    • Age F.P. Bakker

    • Henk J. Brouwer

    • J. Wijnholds

  • Advisors

    • Jerrald M. Hasselmeyer

    • Jos R. Heuvelman

    • Aerdt C.F.J. Houben

    • Frits Kemperman

    • P.A. Menkveld

    • Kenneth A.H. Polvliet

    • Gerard Steeghs

    • Emsley D. Tromp

    • Marco van Hengel

    • R.J. van Houtum

    • Wilfred Russell Voges

    • J.L. Westhoff

    • Paul Wind

New Zealand

  • Governor

    • Michael Cullen

  • Alternate Governor

    • Murray A. Sherwin

  • Advisors

    • Brendon H. Doyle

    • Vera Egermayer

    • Kim Mackenzie

    • Ian Michael Woolford

Nicaragua

  • Governor

    • Luis H. Duran-Downing

  • Alternate Governor

    • Edgard A. Guerra

  • Temporary Alternate Governor

    • Carlos Noguera

  • Advisors

    • Francisco Aguirre-Baca

    • Roberto J. Arguello

    • Ramy Attie

    • Julio David Cardenas Robleto

    • Ernesto Fernandez Holmann

    • Juan Carlos Gutierrez

    • John D. Strasma

    • Norman Ali Uriarte

    • Robert J. Zamora Llanes

Niger

  • Governor

    • Ali Badjo Gamatie

  • Temporary Alternate Governor

    • Talata Camara Amina

  • Advisors

    • Yacouba Abou

    • Hamani Harouna

    • Boubacar Moumouni Saidou

    • Abdoulaye Soumana

Nigeria

  • Governor

    • Joseph Sanusi

  • Alternate Governor

    • Samuel Chukwuma Nwokedi

  • Temporary Alternate Governors

    • John O. Aderibigbe

    • Jibrin Barau

    • Michael Olufemi Ojo

    • Godwill E. Ukpong

    • Ismaila Usman

    • Jibril Ibrahim Zarewa

  • Advisors

    • Ismaila Abubakar

    • O. Akindele

    • J. Anie

    • Justina Ogugua Ashinze

    • Dauda Bundot

    • Benjamin D. Ibe

    • Christopher Osiomha Itsede

    • Peter N. Jiya

    • Babatunde F. Lawal

    • Femi Okurounmu

    • Umar Farouk Shehu

    • Okorie Awa Uchendu

    • Ahmed Beita Yusuf

Norway

  • Governor

    • Svein Ingvar Gjedrem

  • Alternate Governor

    • Tore Eriksen

  • Temporary Alternate Governor

    • Jarle Bergo

    • Anne Berit Christiansen

  • Advisors

    • Asbjorn Fidjestol

    • Sigurd Klakeg

    • Enok Olsen

    • Bjarne Stakkestad

Oman

  • Governor

    • Ali bin Mohammed bin Moosa

  • Alternate Governor

    • Hamood Sangour Al-Zadjali

  • Advisor

    • Jawad Mohammed Jawad Talib

Pakistan

  • Governor

    • Ishrat Husain

  • Alternate Governor

    • Mueen Afzal

  • Advisors

    • Shahid A. Chaudhry

    • Shahid Hafiz Kardar

    • Nasrullah Khan

    • Zakir Mahmood

    • Azizali F. Mohammed

    • Farrakh Qayyum

    • Mohammed Ahmad Zuberi

Palau

  • Governor

    • Lawrence Alan Goddard

Panama

  • Governor

    • Domingo Latorraca

  • Alternate Governor

    • Bolivar Pariente

  • Advisors

    • Alfredo Arias

    • Greta Maria Guerra

Papua New Guinea

  • Governor

    • Leonard Wilson Kamit

  • Alternate Governor

    • Loi Martin Bakani

  • Advisor

    • Jeremiah Andrew

Paraguay

  • Governor

    • Washington Ashwell

  • Alternate Governor

    • Luis Lezcano Pastore

Peru

  • Temporary Alternate Governors

    • Renzo G. Rossini

    • Carlos Saito

  • Advisors

    • Luis Baba Nakao

    • Raul Becerra Arana

    • Oscar A. Hendrick

    • Carlos Adrian Linares Penaloza

    • Ivan Rivera

Philippines

  • Governor

    • Rafael B. Buenaventura

  • Temporary Alternate Governor

    • Benjamin Estoista Diokno

  • Advisors

    • Isidro C. Alcantara, Jr.

    • Joel A. Banares

    • Nestor A. Espenilla, Jr.

    • Jose Macario L. Laurel, IV

    • Xavier P. Loinaz

    • Placido L. Mapa, Jr.

    • Gilda Victoria Gadi Mendoza

    • Roberto Panlilio

    • Carmelita Salas

    • Florencia G. Tarriela

    • Amando M. Tetangco, Jr.

Poland

  • Governor

    • Jaroslaw Bauc

  • Alternate Governor

    • Krzysztof J. Ners

  • Temporary Alternate Governor

    • Jacek Tomorowicz

  • Advisors

    • Edward Basinski

    • Jan Bielawski

    • Jerzy Bychawski

    • Pawel Duriasz

    • Michal Mackiewicz

    • Remigiusz Jan Paszkiewicz

    • Marek Pernal

    • Anita Ryng

    • Wieslaw Szczuka

    • Jerzy Uzieblo

    • Grzegorz Dariusz Wasilewski

    • Tadeusz Weglarz

Portugal

  • Governor

    • Vitor Manuel Ribeiro Constancio

  • Alternate Governor

    • Antonio Manuel Pereira Marta

  • Temporary Alternate Governor

    • Maria Helena Cordeiro

  • Advisors

    • Paulo Ernesto Carvalho Amorim

    • Antonio Cascais

    • Jose de Matos

    • Nuno Maria Mariano de Carvalho Jonet

    • Pedro Patricio

    • João Santos

    • Maria Jose Vaz Rocha Vidal

Qatar

  • Governor

    • Fahad Bin Faisal Al-Thani

  • Alternate Governor

    • Abdulla Mulla Al-Mulla

  • Advisors

    • Abdulrahman Ali M. Al-Aqaily

    • Salah Al-Jaidah

    • Saeed Abdullah Ali Al-Mosnid

    • Abdulbasit Al-Shaibei

    • Bashir Issa Al-Shirawi

    • Khalid Bin Ahmed Al-Sowaidi

    • John P. Finigan

    • Maqbool Habib Khalfan

    • Assad Koshaish

Romania

  • Governor

    • Emil Iota Ghizari

  • Alternate Governor

    • Valentin Lazea

  • Advisors

    • Alice Batu

    • Nicoleta Brebenel

    • Mircea Ionut Costea

    • Mugur Tolici

    • Nicolae Vulpasin

Russian Federation

  • Governor

    • Aleksei Kudrin

  • Alternate Governor

    • Tatyana Paramonova

  • Temporary Alternate Governors

    • Andrei Bugrov

    • Viktor Gerashchenko

    • Sergei Ignatiev

    • Andrei N. Illarionov

    • Ivan Ivanov

    • Sergei Kolotukhin

    • Aleksei V. Mozhin

    • Elvira Nabiullina

  • Advisors

    • Svetlana Ganeeva

    • Grigori Glazkov

    • Nadezhda Ivanova

    • Andrei Kostin

    • Yuri Kozeikin

    • Mikhail Lopatin

    • Andrei Lushin

    • Oleg Lushnikov

    • Valery Matveev

    • Aleksander Nikolskiy

    • Sergei Ovseichik

    • Lev V. Palei

    • Sergei Pavlenko

    • A. Pirogov

    • Sergei Scherbakov

    • Aleksandr Shamrin

    • Andrei Shinayev

    • Vladimir Smenkovskiy

    • Aleksei Smirnov

    • Svetlana Vtyurina

    • Gennady Yezhov

Rwanda

  • Governor

    • Donald Kaberuka

  • Alternate Governor

    • Francois Mutemberezi

  • Advisors

    • Jacob N. Fonderson

    • Edith Gasana

    • Claver Gatete

    • Jack Nkusi Kayonga

    • Justice Mahundaza

    • Ntaganda Manasseh

    • Prosper Musafiri

    • Fred Quarshie

    • Jean Rutayisire Musoni

    • Richard Sezibera

    • Maurits Van Der Ven

St. Kitts and Nevis

  • Governor

    • Halva Hendrickson

  • Alternate Governor

    • Dwight Venner

St. Lucia

  • Governor

    • Bernard La Corbiniere

  • Alternate Governor

    • Claire Zenith James

St. Vincent and the Grenadines

  • Governor

    • Monty A. Roberts

  • Alternate Governor

    • Maurice Edwards

Samoa

  • Governor

    • Tuilaepa S. Malielegaoi

  • Temporary Alternate Governor

    • Papali’i Tommy Scanlan

  • Advisor

    • Peter Tapsell

San Marino

  • Governor

    • Clelio Galassi

  • Alternate Governor

    • Fausta Morganti

  • Temporary Alternate Governors

    • Pietro Giacomini

    • Raffaele Giardi

  • Advisors

    • Daniele Bernardi

    • Milena Gasperoni

    • Giorgio Lombardi

São Tomé and Príncipe

  • Governor

    • Maria C. Pires de Carvalho Silveira

  • Alternate Governor

    • Eugenio Lourenco Soares

  • Advisor

    • Jose Luis Suarez Losada

Saudi Arabia

  • Governor

    • Hamad Al-Sayari

  • Temporary Alternate Governors

    • Ahmed S.M. Alosaimi

    • Sulaiman M. Al-Turki

  • Advisors

    • Mohammed Abalkhail

    • Mazen Wasfi Abdulmajid

    • Haitham Al-Abdullatif

    • Husain Al-Fakhri

    • Basel Algadhib

    • Alaa Al-Jabri

    • Abdulrahman Mohammed Almofadhi

    • Mohammed Al-Nafie

    • Ahmed A. Al-Nassar

    • Saeed Al-Qahtani

    • Talal Al-Qudaibi

    • Abdullah Sulaiman Al-Rajhi

    • Abdul Monam Rashed Al-Rashed

    • Rashed Abdulaziz Al-Rashed

    • Salah Rashed Al-Rashed

    • Abdulaziz Al-Saghyir

    • Saud Al-Saleh

    • Said A. Al-Shaikh

    • Ibrahim Al-Touq

    • Abdulaziz Al-Turki

    • Saud Al-Yemeni

    • Abdullah bin Salem Bahamdan

    • Jitendra G. Borpujari

    • Marcos G. Ghattas

    • Richard R. Herbert

    • Khalil Abdulfattah Kurdi

    • Melhem F. Melhem

    • Abdulaziz A. O’Hali

    • Nemeh Elias Sabbagh

    • Adil Mohamed Sanai

    • Abdulhadi Ali Shayif

    • Ali Shihabi

    • Bertrand Viriot

Senegal

  • Governor

    • Makhtar Diop

  • Temporary Alternate Governor

    • Charles Konan Banny

  • Advisors

    • Sogue Diarisso

    • Amadou Kane

    • Pascal-Irenee Koupaki

    • Alain Koutangni

    • Seyni N’Diaye

    • Yao Sahi Kablan

Seychelles

  • Governor

    • James Michel

  • Alternate Governor

    • Francis Chang-Leng

  • Advisor

    • Pierre Frank Laporte

Sierra Leone

  • Governor

    • James S. Koroma

  • Alternate Governor

    • Edmund Koroma

  • Advisors

    • Andrina R. Coker

    • Abdulai Kakay

    • J.A. Keeley

Singapore

  • Governor

    • Koh Yong Guan

  • Alternate Governor

    • Khor Hoe Ee

  • Advisor

    • Zarina Varukatty

Slovak Republic

  • Governor

    • Marian Jusko

  • Alternate Governor

    • Brigita Schmognerova

  • Advisors

    • Eva Karasova

    • Elena Kohutikova

    • Jozef Mach

    • Katarina Mathernova

    • Karol Mrva

    • Milan Oresansky

    • Eduard Polak

    • Pavol Popp

    • Frantisek Ruzicka

    • Juraj Sipko

    • Alan Sitar

    • Jozef Stank

    • Vladimir Tvaroska

Slovenia

  • Governor

    • France Arhar

  • Alternate Governor

    • Samo Nucic

  • Advisors

    • Marjeta Sketa

    • Stanislava Zadravec-Caprirolo

Solomon Islands

  • Governor

    • Rick Nelson Houenipwela

  • Alternate Governor

    • George Kiriau

South Africa

  • Governor

    • Trevor Andrew Manuel

  • Alternate Governor

    • Maria da Conceicao Ramos

  • Temporary Alternate Governor

    • Tito Titus Mboweni

  • Advisors

    • Xolile P. Guma

    • Barbara Hogan

    • Danel Janse Van Rensburg

    • Anthony Frank Julies

    • Qedani Dorothy Mahlangu

    • Leon David Markovitz

    • Aaron Daniel Mminele

    • Brian Molefe

    • Phillip Jabulani Moleketi

    • Wilma Petra Oosthuizen

Spain

  • Governor

    • Rodrigo de Rato Figaredo

  • Alternate Governor

    • Jaime Caruana Lacorte

  • Temporary Alternate Governors

    • Angel Martin-Acebes

    • Gonzalo Ramos Puig

  • Advisors

    • Ramon Aguirre Rodriguez

    • Rocio Alberdi Alonso

    • Santiago Cabanas Ansorena

    • Antonio Gomez-Crespo Lopez

    • Gloria Hernandez Garcia

    • Jose Ignacio Lagartos

    • Luis Ma. Linde de Castro

    • Pilar Moran Reyero

    • Alvaro Nadal

    • Francisco Ochoa Lopez

    • Jose Luis Pascual

    • Leonardo Rodriguez

    • Carlos San Basilio Pardo

    • Miguel Angel Sanchez

Sri Lanka

  • Alternate Governor

    • Faiz Mohideen

  • Temporary Alternate Governor

    • W.A. Wijewardena

  • Advisor

    • A.G. Karunasena

Sudan

  • Governor

    • Sabir Mohamed Hassan

  • Alternate Governor

    • Elzubeir Ahmed Elhassan

  • Advisors

    • El Mutasim Abdalla Ahmed El Faki

    • Omar Ibrahim Eltahir

    • Abdel Wahab Ahmed Hamza

    • Elfatih Ali Siddig

    • Amin Salih Yasin

Suriname

  • Temporary Alternate Governor

    • Roberto Junguito

Swaziland

  • Governor

    • John P. Carmichael

  • Alternate Governor

    • Martin G. Dlamini

  • Advisors

    • Busi Alice Dlamini

    • Gcebile C. Dlamini

    • Nomusa Tfobhi Dlamini-Tibane

    • Lomvula Grace Hlophe

    • Cyprian Mabuza

    • Meshack M.L. Shongwe

Sweden

  • Governor

    • Urban Backstrom

  • Alternate Governor

    • Sven Hegelund

  • Temporary Alternate Governors

    • Lars Heikensten

    • Sven-Olof Johansson

  • Advisors

    • Lennart Bergstedt

    • Martin Carlens

    • Thomas J.H. Franzen

    • Eva Haghanipour

    • Tomas Jonsson

    • Erik Lindfors

    • Maja Nilsson

    • Theodor Paues

    • Jan Sadek

    • Stig Svensson

    • Erik Thedeen

    • Ake Törnqvist

    • Lena Westerlund Elofsson

Switzerland

  • Governor

    • Hans Meyer

  • Alternate Governor

    • Kaspar Villiger

  • Temporary Alternate Governors

    • Roberto F. Cippà

    • Jean-Pierre Roth

  • Advisors

    • Martin Aeschbacher

    • Urs Breiter

    • Johann Bucher

    • Dagmar Cecelska

    • Giovanni Antonio Colombo

    • Carlo Crespi

    • Jacques de Watteville

    • Giorgio Dhima

    • Werner Hermann

    • Alexander Karrer

    • Marianne Lasser

    • Peter Siegenthaler

    • Pascal Strupler

    • Robin Tickle

    • Fritz Zurbrugg

Syrian Arab Republic

  • Governor

    • Mohammed Imady

  • Alternate Governor

    • Mohammad Bachar Kabbarah

  • Advisor

    • Samir Masad

Tajikistan

  • Governor

    • Gulomzhon Dzhuraevich Babayev

  • Alternate Governor

    • Murotali M. Alimardonov

  • Advisor

    • Svetlana Sharipova

Tanzania

  • Governor

    • Daniel A.N. Yona

  • Alternate Governor

    • Daudi T.S. Ballali

  • Advisors

    • Jerome J. Buretta

    • Ndewirwa Ndelekwa Kitomari

    • Humphrey P.B. Moshi

    • Anna Muganda

    • Charles K. Mutalemwa

    • Omar Yussuf Mzee

    • Peter Efraim Mayunga Noni

    • Naftal Mathayo Nsemwa

    • John Chimile Rubambe

Thailand

  • Governor

    • Chatu Mongol Sonakul

  • Alternate Governor

    • Pakorn Malakul Na Ayudhya

  • Advisors

    • Varapat Chensavasdijai

    • Montri Chenvidhayakarn

    • Kobsak Chutikul

    • Chittima Duriyaprapan

    • Kleo-Thong Hetrakul

    • Boripun Singhsilarak

    • Regina Wora-Urai

Togo

  • Governor

    • A-H. S.B. Tidjani-Dourodjaye

  • Alternate Governor

    • Mongo Aharh-Kpessou

  • Advisor

    • Ayewanou Agetoho Gbeasor

Tonga

  • Governor

    • Siosiua T.T. ‘Utoikamanu

  • Temporary Alternate Governor

    • Henry William Cocker

Trinidad and Tobago

  • Governor

    • Brian Kuei Tung

  • Alternate Governor

    • Leroy Mayers

  • Advisors

    • Godfrey Bain

    • Charles de Silva

    • Vishnu Dhanpaul

    • Jerry Hospedales

    • Louis Andre Monteil

    • Richard Jeremy Trotman

Tunisia

  • Governor

    • Mohamed Daouas

  • Temporary Alternate Governor

    • Hamed Gaddour

  • Advisors

    • Fawzi Belkahia

    • Ferid ben Tanfous

    • Ali Debaya

    • Bechir Jemili

    • Sadok Rouai

    • Habib Sfar

    • Bechir Trabelsi

Turkey

  • Governor

    • Recep Onal

  • Alternate Governor

    • Gazi Ercel

  • Advisors

    • Omer Altay

    • Sevgi Ayan

    • Ugur Bayar

    • Hasan Sukru Binay

    • Selim Cakir

    • Ozgur Demirkol

    • Ayse Donmezer

    • Aydin Karaoz

    • Kursat Kunter

    • Melih Nemli

    • Durmus Oztek

    • Hakan Ozyildiz

    • H.E. Hatay Savasci

    • Sureyya Serdengecti

    • Salih Tastan

    • Levent Veziroglu

    • Bahadir Yaman

Turkmenistan

  • Governor

    • Seitbay Kandymov

  • Temporary Alternate Governor

    • Kurban Kurbanov

Uganda

  • Governor

    • Gerald M. Ssendaula

  • Temporary Alternate Governor

    • Louis Austin Kasekende

  • Advisors

    • Richard H. Kaijuka

    • Keith Muhakanizi

    • Polycarp Musinguzi

    • Longino Kigambo Tisasirana

Ukraine

  • Governor

    • Igor Mityukov

  • Alternate Governor

    • Volodymyr Stelmakh

  • Advisors

    • Teimour Mamedovich Bagirov

    • Valentyna Demchenko

    • Mykola Semenovych Derzhaliuk

    • Valeriy Dzhyhun

    • Nataliia Hrebenyk

    • Oleksii Kostusiev

    • Ihor Krachkovskyi

    • Yevhen Kulesha

    • Vitalij Vasyliovych Lisovenko

    • Valeriy Litvitskiy

    • Oleksandr Pinskyi

    • Yuri Poluneev

    • Valentyn Povaliaiev

    • Gennadii Radchenko

    • Oleg Borysovych Rybachouk

    • Ihor Anatolijovych Shumylo

    • Tamara Solyanyk

    • Petro Strohyi

    • Serhii Ustych

    • Yuriy G. Yakusha

    • Sergey A. Yaremenko

    • Olexandr Yurov

    • Natalia Zarudna

United Arab Emirates

  • Governor

    • Sultan Bin Nasser Al-Suwaidi

  • Alternate Governor

    • Khaled Ali Al-Bustani

  • Advisors

    • Mohammed Jameel Al-Jundi

    • Hussain Abdelrahman M. Al-Midfa

    • Qamber Ali Al Mulla

    • Sultan Rashed Ebrahim Saif Al-Sakeb

    • Farid Youssef Barakat

    • Habib Abdulnabi Kazim

    • Michael H. Tomalin

United Kingdom

  • Governor

    • Gordon Brown

  • Alternate Governor

    • Edward A.J. George

  • Temporary Alternate Governors

    • Ed Balls

    • David Clementi

    • Stephen P. Collins

    • Mervyn King

    • Gus O’Donnell

    • Stephen John Pickford

  • Advisors

    • David Broucher

    • Robert Mark Burgess

    • Nick Burns

    • Creon Butler

    • Alastair Clark

    • Jon Cunliffe

    • Howard Davies

    • Martin Day

    • John Drage

    • Michael Ellam

    • Judith Gardiner

    • Hermione Gough

    • Denis Edward Peter Paul Keefe

    • Ben Kelmanson

    • Andrew Lewis

    • David Mepham

    • Ed Milliband

    • Giles Portman

    • Shona Riach

    • Peter D. Rodgers

    • Tom Scholar

    • Vickie Sheriff

    • Shriti Vadera

    • Paul Wright

United States

  • Governor

    • Lawrence H. Summers

  • Alternate Governor

    • Alan Greenspan

  • Temporary Alternate Governors

    • John M. Abbott

    • Timothy F. Geithner

    • Karin Lissakers

    • Meg Lundsager

    • Edwin M. Truman

  • Advisors

    • Thomas Arnold

    • Caroline Atkinson

    • Andrew Baukol

    • Janice F. Bay

    • Andrew G. Berg

    • Steven Coffey

    • Thomas A. Connors

    • Brian F. Egolf, Jr.

    • Joseph B. Eichenberger

    • Roger W. Ferguson

    • Stephanie Flanders

    • Judy Garber

    • Anna Gelpern

    • Thomas Goldberger

    • Karen H. Johnson

    • Jonathan Stuart Kessler

    • Margaret Kuhlow

    • Nancy Lee

    • Mark C. Medish

    • Annabella Mejia

    • Steven Radelet

    • Sheryl K. Sandberg

    • William Schuerch

    • John Shattuck

    • Karen Shepherd

    • Michelle Smith

    • Mark Sobel

    • Louellen Stedman

    • Todd Stern

    • Janet G. Thomas

    • Theresa A. Wagoner

    • Mary A. Wileden

Uruguay

  • Governor

    • Cesar Rodriguez Batlle

  • Alternate Governor

    • Aureliano Berro

  • Advisor

    • Ariel Fernandez Cova

Uzbekistan

  • Governor

    • Mullajanov Faizulla Makhsudjanovich

  • Temporary Alternate Governor

    • Nariman T. Mannapbekov

  • Advisor

    • Murat Yakubjanov

Vanuatu

  • Governor

    • Stevens Morking Iatika

  • Advisor

    • Michael S. Hililan

República Bolivariana de Venezuela

  • Governor

    • Diego L. Castellanos

  • Temporary Alternate Governor

    • Angel Ruocco S.

  • Advisors

    • Luis E. Davila

    • Beatriz Grando

    • Hector Griffin

    • William Larralde Paez

    • Angelo Lucenti

    • Oswaldo Nino

    • Hernan Oyarzabal

    • Clara Pasquali

    • German Utreras

Vietnam

  • Governor

    • Le Duc Thuy

  • Alternate Governor

    • Phan Manh Hung

  • Advisors

    • Nguyen Ndoc Dinh

    • Do Van Nhien

    • Le Thi Tu Hanh

    • Nguyen Quang Thep

    • Nguyen Van Du

    • Pham Xuan Lap

    • Doan Thang

    • Le Xuan Thong

Republic of Yemen

  • Governor

    • Alawi Saleh Al-Salami

  • Alternate Governor

    • Ahmed Abdul Rahman Al-Samawi

  • Advisors

    • Ali Abdulla Abo-Lohom

    • Abdulwahab Al-Hajjri

    • Abdulkarim Mohamed Al-Kotf

    • Ali Lutf Al-Thour

    • Hamood Ali Ali Atia

    • Omar Salim Bazara

    • Tareq Abdullatif Dhaifallah

    • Ahmed A. Ghaleb Saeed

    • Mahmoud Mohsen Shayef

    • Abdulrahman Hassan Shugaa

Zambia

  • Governor

    • Katele Kalumba

  • Alternate Governor

    • Jacob Mumbi Mwanza

  • Advisors

    • Deepak Malik

    • Alok Kumar Misra

    • Maria Mkandawire

    • Nawa Musiwa Muyatwa

    • Benjamin Mweene

Zimbabwe

  • Governor

    • Simba Herbert Stanley Makoni

  • Alternate Governor

    • Leonard Ladislas Tsumba

  • Advisors

    • Olindah Chawora

    • Fortune Chidavaenzi

    • Mutasa Dzinotizei

    • Rudo M. Faranisi

    • Remi G. Mushambi Kahari

    • Jabulani Manyanga

    • Obert Matshalaga

    • Kombo James Moyana

    • Richard Victor Wilde

Observers, Representatives of International Organizations, and Special Invitees

Abu Dhabi Fund for Development

  • Salem Al-Marar

African Development Bank

  • Omar Kabbaj

  • Theodore Nkodo

  • Henock Kifle

  • Thierry de Longuemar

  • Dorte Kabell

  • Selamawit Yemaneberhan N’Diaye

African Export-Import Bank

  • Christopher Chuka Edordu

  • Benedict Okechukwu Oramah

Andean Community

  • Sebastian Alegrett

  • Jorge G. Vega Castro

Andean Development Corporation

  • L. Enrique Garcia

  • Hugo Sarmiento

  • Luis A. Sanchez Masi

  • Carolina Espana

Arab Authority for Agricultural Investment and Development

  • Abdulkarim Mohammad Al-Shamsi

  • El Arabi Mohamed Hamdi

  • Yousri M. Gabr

Arab Bank for Economic Development in Africa

  • Medhat Sami Lotfy

  • Abdellatif Kamal Mahmoud

  • Ebe Ouid Ebe

Arab Fund for Economic and Social Development

  • Abdlatif Y. Al-Hamad

  • Mervat Wahba El-Badawy

Arab Monetary Fund

  • Jassim Al-Mannai

  • Samir Abiad

Asian Development Bank

  • Tadao Chino

  • John Lintjer

  • Masaru Yoshitomi

  • Bindu N. Lohani

  • Basudev Dahal

  • Shinji Ichishima

  • Yoshihiro Iwasaki

  • Shoji Nishimoto

  • Christine I. Wallich

  • Sandra A. Lawrence

  • Pradumna B. Rana

  • Ayumi Konishi

  • Hisashi Ono

  • Edgardo Pelagio Rodriguez

  • Eva L. Relova

Bank for International Settlements

  • Andrew D. Crockett

  • Andre Icard

  • William R. White

  • Robert Sleeper

  • Renato Filosa

  • Daniele Nouy

  • Gavin Bingham

  • Philip Turner

  • Josef Van’t Dack

  • John G. Heimann

  • Svein Andresen

  • Kathryn Langdon

Bank of Central African States

  • Rigobert Roger Andely

  • Adam Madji

  • Andre Mfoula Edjomo

  • Santiago Nsue Medja

  • Aime-Dominique Bida-Kolika

  • Isidore Ngoy

Black Sea Trade and Development Bank

  • Ersoy Volkan

  • Daniela Bobeva

  • Andrey Kasiyanenko

  • Nikolaos Zachariadis

  • Ahmet Nebil Imre

  • Pierre Nicolas van Peteghem

  • Panayotis Gavras

  • Valery Vladimirovich Aksenov

Center for Latin American Monetary Studies

  • Juan Manuel Rodriguez

Central African States Development Bank

  • Emmanuel Dokouna

  • Maurice Kitantou-Diamante

Central American Bank for Economic Integration

  • Pablo R. Schneider

  • Jose Eduardo Atala

  • Victor Rodolfo Portnoy

  • Edin H. Velasquez Escobedo

  • Jose Alejandro Arevalo

  • Luis Ernesto Santamaria

  • Enrique Paredes

  • Eduardo Membreno

  • Maria del Pilar Escobar Pacas

Central American Monetary Council

  • Mario B. Aleman

  • Miguel Chorro

Central Bank of West African States

  • Emmanuel-Marie Nana

  • Jean-Claude K. Brou

  • Badanam Patoki

  • Ousmane Samba Mamadou

Common Fund for Commodities

  • Rolf W. Boehnke

Common Market for Eastern and Southern Africa

  • Erastus J.O. Mwencha

  • Donald Mark Pearson

  • Issa Lukwago

  • Michael Gondwe

  • Azhari Gasim Ahmed

Commonwealth Secretariat

  • Donald Charles McKinnon

  • Veronica Sutherland

  • Rumman Ahmad Faruqi

  • Kaye Whiteman

  • Michele Christine Law

  • Stephany Griffith-Jones

  • Eliawony J. Kisanga

Cooperation Council for the Arab States of the Gulf

  • Ajlan Ali Al-Kuwari

  • Nasser Ibrahim Al-Kaud

Council of Europe Development Bank

  • Kari Nars

  • Raphael Alomar

  • Martin M. Murtfeld

  • Ignacio Garrido Sanchez

  • Rainer B. Steckhan

  • Thierry Poirel

East African Development Bank

  • Fabian R. Tibeita

  • Protase T. Tehingisa

  • Joram Kariisa-Kasa

Economic Community of West African States

  • Lansana Kouyate

  • Frank Ofei

  • Yaya Sow

  • Rebily David Asante

  • Remy Gbaguidi

  • Sade Elhaji Ousmane

  • Gilbert Ondongo

Economic Cooperation Organization

  • Abdolrahim Gavahi

European Bank for Reconstruction and Development

  • Jean Lemierre

  • Charles R. Frank, Jr.

  • Steven D.F. Kaempfer

  • Noreen Doyle

  • Willem H. Buiter

  • Marcus J. Fedder

  • Antonio Maria Costa

  • Ayesha Shah

  • Ullrich H. Kiermayr

  • Arnaud Prudhomme

  • Olivier Descamps

  • Steven Fries

  • Alain Christian Pilloux

  • Johan F. J. Bastin

  • Kurt Geiger

  • Hans Peter Lankes

  • Bruno L. Cova

  • Ricardo Lago

  • Jeffrey Lee Hiday

  • G. David Collier

  • Jacob Sadilek

  • Jill Williams

  • Teresa de Barcenas

European Central Bank

  • Willem F. Duisenberg

  • Otmar Issing

  • Tommaso Padoa-Schioppa

  • Gerald Grisse

  • Heikki Hatanpaa

  • Pierre van der Haegen

  • Manfred J. Koerber

  • Frank Moss

  • Michele Kirstetter

European Commission

  • Pedro Solbes Mira

  • Poul Nielson

  • Frederik Bolkestein

  • Soledad Abad

  • Kristian Schmidt

  • Laurence de Richemont

  • Gerassimos Thomas

  • Bernard Petit

  • Giovanni Ravasio

  • Herve Carre

  • Joly Dixon

  • Guenter Grosche

  • Paul N. Goldschmidt

  • Vassili Lelakis

  • Johan Baras

  • Peter Bekx

  • Werner Schule

  • Daniel A.A. Daco

  • Francisco Granell

  • Ramiro Cibrian

  • Ralf Dreyer

  • David Ringrose

European Investment Bank (EIB Group)

  • Philippe Maystadt

  • Wolfgang Roth

  • Francis Mayer

  • Jean-Louis Biancarelli

  • Terence Brown

  • Rene Karsenti

  • Barbara Bargagli-Petrucci

  • Christopher Bearne

  • Fiona Turner

European Investment Fund

  • Walter Cernoia

Food and Agriculture Organization of the United Nations

  • Claude Forthomme

  • John Kelly

Inter-American Development Bank

  • Enrique V. Iglesias

  • Charles O. Sethness

  • Eloy B. Garcia

  • Muni Figueres

  • Gabriela Sotela

  • Anita A. Ruiz

Inter-American Investment Corporation

  • Jacques Rogozinski

  • Jorse Roldan

Inter-Arab Investment Guarantee Corporation

  • Mamoun Ibrahim Hassan

  • Ayham Mohammad Abu-Rshaid

International Fund for Agricultural Development

  • Fawzi Hamad Al-Sultan

  • Klemens van de Sand

  • Fawzi H. Rihane

  • Khatid El-Harizi

  • Claudia Pardinas

  • Marie Caroline Upham

International Labor Organization

  • Maria Angelica Ducci de Santa Cruz

  • Eddy Lee

  • Samir M. Radwan

  • Gerald Rodgers

  • Stanley G. Taylor

Islamic Development Bank

  • Ahmad Mohamed Ali

  • Michael Lee

  • Zeinhom Antar Zahran

  • Tarik Kivanc

  • Mumtaz Khan

  • Tarek Youssef El Reedy

  • El-Mansour Ould Veten

  • Alfa Bocar Nafo

  • Lamine Ali Doghri

  • Mohameden Mohamed Sidiya

Kuwait Fund for Arab Economic Development

  • Abdullah Al Mesaibih

Latin American Economic System

  • Eduardo Mayobre

Latin American Reserve Fund

  • Roberto Guarnieri

  • Ana Maria Carrasquilla

League of Arab States

  • Moatassem Suleiman Abdel Hadi

Nordic Development Fund

  • Jens Lund Sorensen

  • Jesper Andersen

  • Stella Harriet Eckert

Nordic Investment Bank

  • Jon Sigurdsson

  • Erkki A.O. Karmila

  • Carl Lowenhielm

  • Bo Heide-Ottosen

  • Eivind Dingstad

  • Oddvar Sten Ronsen

  • Karl Kukka

  • Tarja Kylanpaa

  • Heidi Syrjanen

OPEC Fund for International Development

  • Y. Seyyid Abdulai

  • Said Aissi

  • Hanno Scheuch

  • Jumana A.W. Dejany

  • Abdelhamid Benkhalef

  • Anajulia Tarter

  • Alfred CJ. Helm

  • Barbara Hausjell

Organization for Economic Cooperation and Development

  • Donald J. Johnston

  • Ignazio Visco

  • Richard H. Carey

  • William Witherell

  • Stillpon Nestor

  • Mats Isaksson

  • Sveinbjorn Blondal

  • John West

Development Assistance Committee

  • Jean-Claude H. Faure

  • Marc Andre Tocatlian

P. L. O.

  • Mohammad Zuhdi Nashashibi

  • Maher Suleiman El-Kurd

  • Amin M.A. Haddad

  • Anbar Christidi

  • Issa Ibrahim Danaf

  • Khaled S.K. Kayed

  • Mohammad Shtayyeh

  • Sameeh Abdul Fattah

  • Jamal Al-Jamal

Saudi Fund for Development

  • Abdulaziz A. Al-Sehail

Southern African Development Community

  • Pakeereesamy Ramsamy

  • Felix C.C. Kani

  • Fudzai Pamacheche

United Nations

  • Ian Kinniburgh

  • Andreas Nicklisch

  • Jean-Claude Concolato

  • Michal Broza

  • Sabe Soe

UN Children’s Fund

  • Pavla Gomba

UN Conference on Trade and Development

  • Yilmaz Akyuz

  • Detlef Julius Kotte

  • Pierre Encontre

UN Development Programme

  • Nancy M. Birdsall

  • Christophe Bahuet

  • Kamal Malhotra

  • Petr Halaxa

  • Jan V. Krouzek

UN Economic Commission for Europe

  • Danuta Huebner

  • Joseph Edward Smolik

UN Environment Programme

  • Hussein Mohamed Abaza

United Nations Industrial Development Organization

  • Julio Nogues

Universal Postal Union

  • Juan Blaise Ianni

West African Development Bank

  • Boni Yayi

  • Yao Agbo N’De Hounouvi

  • Omar Fall

West African Economic and Monetary Union

  • Moussa Toure

  • Younoussi Toure

  • Frederic Assomption Korsaga

  • Kalou Doua Bi

  • Adele Congo-Kabore

World Health Organization

  • David Nunes Nabarro

  • Asha Singh Williams

World Trade Organization

  • Michael Moore

  • Philippe Patrick Legrain

  • John William Hancock

EXECUTIVE DIRECTORS, ALTERNATES, AND ADVISORS

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LIST OF ABBREVIATIONS

ACP

African, Caribbean, and Pacific Group

AFTA

ASEAN Free Trade Area

AMC

Asset Management Companies

AsDB

Asian Development Bank

ASEAN

Association of South East Asian Nations

BI

Bank Indonesia

BIFC

Brunei International Financial Center

Bimp-Eaga

East-Asian Growth Area (Brunei Darussalam, Indonesia, Malaysia, Philippines)

Caricom

Caribbean Community

CCL

Contingent Credit Line

CDF

Comprehensive Development Framework

CEE

central and eastern Europe

CEFTA

Central European Free Trade Agreement

CIS

Commonwealth of Independent States

CPI

consumer price index

EMU

European Monetary Union

ESAF

Enhanced Structural Adjustment Facility

EU

European Union

FESAL

Financial and Enterprise Sector Adjustment Loan

FSAP

Financial Sector Assessment Program

G-7

Group of Seven

GAVI

Global Alliance for Vaccines and Immunization

GDDS

General Data Dissemination System

GDP

gross domestic product

GNP

gross national product

HIPC

heavily indebted poor country

HLI

highly leveraged institution

IBRA

Indonesian Bank Restructuring Agency

IBRD

International Bank for Reconstruction and Development

IDA

International Development Association

IDA-11

eleventh replenishment of IDA

IDA-12

twelfth replenishment of IDA

IFA

international financial architecture

IFC

International Finance Corporation

IFI

international financial institution

IIMM

International Islamic Money Market

IMF

International Monetary Fund

IMFC

International Monetary and Financial Committee

JITF

Jakarta Initiative Task Force

MTEF

medium-term expenditure framework

MIGA

Multilateral Investment Guarantee Agency

NPL

nonperforming loan

ODA

official development assistance

OFC

offshore financial centers

OTC

over-the-counter

PACT

Partnership for Capacity Building in Africa

PAF

Poverty Alleviation Fund

PRGF

Poverty Reduction and Growth Facility

PRSP

Poverty Reduction Strategy Paper

PSAL

Public Sector Adjustment Loan

PSI

private sector involvement

RGC

Royal Government of Cambodia

ROSC

Reports on Observance of Standards and Codes

SCA-2

Second Special Contingent Account

SDDS

Special Data Dissemination Standard

SDR

special drawing right

SRF

Supplemental Reserve Facility

UN

United Nations

UNDP

United Nations Development Program

WTO

World Trade Organization

1

Mr. James Wolfensohn, President of the World Bank; Mr. Horst Köhler, Managing Director of the International Monetary Fund, and Mr. Carlos Saito, Chairman of the Group of Twenty-Four, addressed the plenary session. Observers from a number of international and regional organizations also attended.

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Cover Summary Proceedings of the Fifty-Fifth Annual Meeting of the Board of Governors, September 26-28, 2000
Summary Proceedings of the Fifty-Fifth Annual Meeting of the Board of Governors, September 26-28, 2000
Author: International Monetary Fund
ISBN:
9781589060777
ISSN:
0074-7025
Publication Date:
12 Nov 2000
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781589060777.015
Pages:
388