Statement by the Staff Representative on the United States June 21, 2019

2019 Article IV Consultation - Press Release; Staff Report; and Statement by the Executive Director for the United States

Abstract

2019 Article IV Consultation - Press Release; Staff Report; and Statement by the Executive Director for the United States

1. This statement reports on information that has become available since the staff report was issued. It does not alter the thrust of the staff appraisal.

2. In November 2018, January 2019, and May 2019 the United States adopted measures under various Executive Orders relating to Nicaragua, Iran and Venezuela. These measures have been notified to the Fund on June 20, 2019 pursuant to the procedures of Decision No. 144-(52/51) on restrictions on payments and transfers for the preservation of national or international security and, consistent with these procedures, any exchange restrictions arising from such Executive Orders would be unapproved at this time.