Executive Board
Calendar
Board Discussions
on the Republic of Korea:

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January 10, 2014
August 27, 2012
July 29, 2011
August 25, 2010
August 7, 2009

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2014  2015
Real GDP 3.7 3.8
Consumer Prices 1.8 3.0
Source: World Economic Outlook (April 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Republic of Korea: Financial Position in the Fund

Transactions with the Fund


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Republic of Korea and the IMF
Updated July 21, 2014

The last Article IV Executive Board Consultation was on January 10, 2014. Listed below are items related to the Republic of Korea, in reverse chronological order (you can also view items by category).

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December 18, 1997 -- News Brief: IMF Executive Board Completes 1st Review of Korean Program: Activates Supplemental Reserve Facility
December 18, 1997 -- Press Conference of Michel Camdessus, Managing Director
But there are a few items on which I owe you a few explanations. One is the important initiative of Japan yesterday in the fiscal and banking areas--an initiative we do welcome here. Second, in the Fund these last few days, we have been quite busy with the adoption of a new instrument for the IMF to be even more effective in addressing what we call here the crisis of the 21st Century. But as the 21st Century has started 2 years ago or 3 years ago in Mexico, we will immediately utilize this instrument for the continuation of our program in Korea.
December 15, 1997 -- IMF Survey:
Featured in this issue: IMF Stand-By Arrangement with Korea, Fischer press conference on Korea, Camdessus on globalization and workers, trade liberalization and regional initiatives in Africa, and official financing for developing countries. PDF File Size: 546Kb
December 08, 1997 -- Symposium on Capital Flows and Financial System Stability in Asia--Address by Shigemitsu Sugisaki
Institute for International Monetary Affairs - International Monetary Fund, Tokyo, Japan
December 05, 1997 -- Republic of Korea IMF Stand-By Arrangement December 5, 1997
This document which is the property of Korea is being made available on the IMF website by agreement with the member as a service to users of the IMF website.
December 05, 1997 -- Press Conference of Stanley Fischer
A briefing by Mr. Stanley Fischer, First Deputy Managing Director on the stand-by arrangement for Korea which the Executive Board of the Fund approved last evening.
December 04, 1997 -- Press Release: IMF Approves SDR 15.5 Billion Stand-by Credit for Korea
December 03, 1997 -- Korea Letter of Intent, December 3, 1997
This Letter of Intent of the government of Korea describes the policies that Korea intends to implement in the context of its request for financial support from the IMF. That request was approved by the Executive Board of the IMF on December 4, 1997.
December 03, 1997 -- News Brief: Camdessus Welcomes Conclusion of Talks with Korea on IMF Program
December 03, 1997 -- News Brief: IMF Management Welcomes Italy’s Participation in Korean Financing Package
December 02, 1997 -- Making Globalization Work for Workers--Address by Michel Camdessus
Address given to the 24th Congress of the World Confederation of Labor, Bangkok, Thailand
December 02, 1997 -- Rebuilding Confidence in Asia--Remarks by Michel Camdessus
Speech to the ASEAN Business Forum, Kuala Lumpur, Malaysia
December 01, 1997 -- Money, Wages and Inflation in Middle-Income Developing Countries
Author/Editor: Agénor, Pierre-Richard | Hoffmaister, Alexander W.
Series: Working Paper No. 97/174
December 01, 1997 -- IMF Survey:
Featured in this issue: Camdessus visit to Southeast Asia; APEC communique on Asian crisis; framework for Asian regional cooperation; Korea requests IMF assistanace; lessons from Asian crisis; corruption and capital spending; institutional and regulatory reform needed in Russia; prospects for MENA; and avoiding public pension crises. PDF File Size: 334Kb
November 28, 1997 -- The Asian Crisis and the International Response -- Address by Michel Camdessus
Given at the Institute of Advanced Business Studies (IESE) of the University of Navarra, Barcelona, Spain
November 21, 1997 -- News Brief: Camdessus Welcomes Korea’s Request for IMF Assistance
November 01, 1997 -- Sequencing Capital Account Liberalization - Lessons from the Experiences in Chile, Indonesia, Korea, and Thailand
Author/Editor: Johnston, R. B. | Darbar, Salim M. | Echeverria, Claudia
Series: Working Paper No. 97/157
September 24, 1997 -- Statement by the Hon. Kyong Shik Kang, Governor of the World Bank and the Fund for Korea, at the Joint Annual Discussion.
PDF File Size: 31Kb
June 13, 1997 -- The Agenda for Global Financial Cooperation
Address by Michel Camdessus to the Association of Japanese Business Studies, Washington, D.C.
May 01, 1997 -- Experiences with Monetary Integration and Lessons for Korean Unification
Author/Editor: Kwon, Goohoon
Series: Working Paper No. 97/65

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