Selected Decisions and Selected Documents of the IMF, Thirty- Sixth Issue

Prepared by the Legal Department of the IMF
As updated as of December 31, 2011

PREFACE

This volume is the Thirty-Sixth Issue of Selected Decisions and Selected Documents of the International Monetary Fund. It includes decisions, interpretations, and resolutions of the Executive Board and the Board of Governors of the International Monetary Fund, as well as selected documents, to which frequent reference is made in the current activities of the Fund. In addition, it includes certain documents relating to the Fund, the United Nations, and other international organizations.

As with other recent issues, the number of decisions in force continues to increase, with the decision format tending to be longer given the use of summings up in lieu of formal decisions. Accordingly it has become necessary to delete certain decisions that were included in earlier issues, that is, those that only completed or called for reviews of decisions, those that lapsed, and those that were superseded by more recent decisions.

Wherever reference is made in these decisions and documents to a provision of the Fund’s Articles of Agreement or Rules and Regulations that has subsequently been renumbered by, or because of, the Second Amendment of the Fund’s Articles of Agreement (effective April 1, 1978), the corresponding provision currently in effect is cited in a footnote.

A compact disc (CD) containing the texts of the 36th Issue, the Articles of Agreement, and By-Laws, Rules and Regulations is available from the Fund.

Sean Hagan

The General Counsel

Director of the Legal Department


ARTICLE III

Quotas and SubscriptionsDocument Number
 Adjustment of Quotas408-2
 Reform of Quota and Voice in the International Monetary Fund63-2
 Fourteenth General Review of Quotas and Reform of the Executive Board66-2
 Gold and Currency Subscribed to the Fund and Accounting by Members for Transactions with the Fund170-3
 Guidelines on Payment of Reserve Assets in Connection with Subscriptions6266-(79/156)

ARTICLE IV

Exchange Arrangements and SurveillanceDocument Number
 Notification of Exchange Arrangements Under Article IV, Section 25712-(78/41)
  Chairman’s Summing Up-Review of the 1977 Surveillance Decision-Proposal for a New Decision EBM/07/51-2
 Bilateral Surveillance over Members’ Policies— 2007 Decision13919-(07/51)
  The Acting Chairman’s Summing Up— 2008 Triennial Surveillance Review— Overview Paper EBM/08/84
 Statement of Surveillance Priorities—Revisions of Economic Priorities and Progress on Operational Priorities14436-(09/102)
  The Acting Chair’s Summing Up - 2011 Triennial Surveillance Review - Review of the 2007 Surveillance Decision and the Broader Legal Framework for Surveillance EBM/11/102
  The Chairman’s Summing Up — The Fund’s Role Regarding Cross-Border Capital Flows EBM/10/122
  The Chairman’s Summing Up—Recent Experiences in Managing Capital Inflows—Cross-Cutting Themes and possible Policy Framework EBM/11/28
  The Acting Chair’s Summing Up—The Multilateral Aspects of Policies Affecting Capital Flows EBM/11/109
 Surveillance: Procedures6026-(79/13)
 Summings Up and Concluding Remarks for Policy Items—Modification of Review and Finalization Process12833-(07/55)
 Bilateral Surveillance—Implementation of the Decision—Transitional Issues13941-(07/56)
 Article IV Consultation Documentation-Recent Economic Developments12661-(02/6)
  Summing Up by the Chairman-Biennial Review of the Implementation of the Fund's Surveillance over Members' Exchange Rate Policies and of the 1977 Surveillance Decision; and Transmittal of Fund Documents to Other International Organizations EBM/97/30
 Summing Up by the Acting Chairman Biennial Review of the Implementation of the Fund's Surveillance and of the 1977 Surveillance Decision EBM/00/24
 Summing Up by the Chairman-Biennial Review of the Implementation of the Fund's Surveillance and of the 1977 Surveillance Decision EBM/02/38
 Summing Up by the Chairman Biennial Review of the Implementation of the Fund's Surveillance and of the 1977 Surveillance Decision- Follow Up EBM/02/76
 ARTICLE IV CONSULTATION CYCLES14747-(10/96)
  Summing Up by the Acting Chair Review of Data Provision to the Fund for Surveillance Purposes EBM/04/25
 Surveillance: Procedures-Implementation of Three-Month Period7427-(83/83)
 Lapse of Time Procedures for Article IV Consultations14766-(10/115)
  The Acting Chair’s Summing Up - The Fund’s Response to the 2007–08 Financial Crisis--Stocktaking and Collaboration with the Financial Stability Forum EBM/08/88
  The Acting Chair’s Summing Up - IMF Membership in the Financial Stability Board EBM/10/86
 IMF Membership in the Financial Stability Board14730-(10/86)
  The Acting Chair’s Summing Up - Sovereign Wealth Funds-The Santiago Principles-Generally Accepted Principles and Practices Developed by the International Working Group EBM/08/87
 Surveillance over Monetary and Exchange Rate Policies: Members of Euro Area11846-(98/125)
 Modalities for Surveillance over Euro-Area Policies in Context of Article IV Consultations with Member Countries12899-(02/119)
 Modalities for Surveillance over Central African Economic and Monetary Union Policies in Context of Article IV Consultations with Member Countries13654-(06/1)
 Modalities for Surveillance over Eastern Caribbean Currency Union Policies in Context of Article IV Consultations with Member Countries13655-(06/1)
 Modalities for Surveillance over West African Economic and Monetary Union Policies in Context of Article IV Consultations with Member Countries13656-(06/1)
 The Role of the Fund in Governance Issues - Guidance NoteDN1
 Concluding Remarks by the Acting Chairman Military Expenditure and the Role of the Fund EBM/91/138
 Guidelines on Minimum Circulation Periods for Executive Board Documents—Amendment14260-(09/11)

ARTICLE V, SECTION 2(b)

Technical and Financial Services
Technical ServicesDocument Number
 Enhanced Surveillance: Procedures for Transmittal of Staff Reports8222-(86/45)
 Enhanced Surveillance: Midterm Review10365-(93/67)
  Summing Up by the Chairman Biennial Review of the Fund's Surveillance Policy EBM/93/15
 Summing Up by the Acting Chairman Settlement of Disputes Between Members Relating to External Financial Obligations-Role of the Fund EBM/84/99
Technical and Financial ServicesDocument Number
 The Chairman's Summing Up of the Discussion of the Role of the Fund in Assisting Members with Commercial Banks and Official Creditors EBM/85/132
 Summing Up by the Acting Chairman Financial Sector Assessment Program-A Review-Lessons from the Pilot and Issues Going Forward EBM/00/123
Technical ServicesDocument Number
 The Acting Chair’s Summing Up—Financial Sector Assessment Program—Review, Lessons, and Issues Going ForwardDN2
  The Acting Chair’s Summing Up—Integrating Stability Assessments Under the Financial Sector Assessment Program into Article IV Surveillance EBM/10/92
 Integrating Stability Assessments Under the Financial Sector Assessment Program into Article IV Surveillance14736-(10/92)
 The G-20 Mutual Assessment Process and the Role of the Fund14487-(09/125)
  The Acting Chair’s Summing Up— Review of the Fund’s Involvement in the G-20 Mutual Assessment Process EBM/11/56
 Confidentiality Protocol-Protection of Sensitive Information in the Financial Sector Assessment ProgramEBM/00/54
 Reports on Observance of Standards and Codes12662-(02/6)
  The Acting Chair's Summing Up Offshore Financial Centers-The Assessment Program A Progress Report and the Future of the Program EBM/03/101
  The Acting Chair’s Summing Up— Offshore Financial Centers—Report on the Assessment Program and Proposal for Integration with the Financial Sector Assessment Program EBM/08/48
 The Acting Chair's Summing Up on Intensified Fund Involvement in Anti-Money Laundering and Combating the Financing of Terrorism EBM/01/116
 Summing Up by the Acting Chair Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT)- Proposals to Assess a Global Standard and to Prepare ROSCs EBM/02/80
 Report on Outcome of FATF Plenary Meeting and Endorsement of Methodology for Assessing Compliance with Anti-Money Laundering and Combating Financing of Terrorism Standard12884-(02/114)
  The Acting Chair's Summing Up Twelve-Month Pilot Program of Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) Assessments-Joint Report on the Review of the Pilot Program EBM/04/29
  The Acting Chair’s Summing Up— Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT)—Report on the Review of the Effectiveness of the Program EBM/11/55
  The Acting Chair’s Summing Up— 2011 Review of the Standards and Codes Initiative EBM/11/24
 Technical Assistance-Establishment of Framework Administered Account10942-(95/33)
 Framework Administered Account for Technical Assistance Activities-Pacific Financial Technical Assistance Centre Subaccount12751-(02/52)
 Framework Administered Account for Technical Assistance Activities-Africa Regional Technical Assistance Centers Subaccount12832-(02/88)
 Establishment of a New Framework Administered Account for Selected Fund Activities14294-(09/31)
 Policy Support Instrument—Framework13561-(05/85)
 Modifications of the Fund’s Conditionality Framework—Application to the Policy Support Instrument14317-(09/41)
Financial ServicesDocument Number
 A New Architecture of Facilities for Low-Income Countries and Reform of the Fund’s Concessional Financing Framework14354-(09/79)
 Poverty Reduction and Growth Trust8759-(87/176)
 Poverty Reduction and Growth Trust—Review of Interest Rate Structure15035-(11/116)
  The Chairman’s Summing Up— Macroeconomic and Operational Challenges in Countries in Fragile Situations EBM/11/72
  The Acting Chair’s Summing Up— Revisiting the Debt Sustainability Framework for Low-Income Countries EBM/12/16
 Facilitating Mobilization of Loan Resources for Concessional Lending to Low-Income Countries14593-(10/41)
 Poverty Reduction and Growth Facility Trust-Other Provisions11832-(98/119)
 Transformation of the Enhanced Structural Adjustment Facility12087-(99/118)
 Establishment of General Policy to Condition Decisions Under the Poverty Reduction and Growth Facility on Accuracy of Information Regarding Implementation of Prior Actions12253-(00/77)
 Establishment of General Policy to Condition Waiver Decisions Under the Poverty Reduction and Growth Facility on Accuracy of Information Regarding Performance Criteria12254-(00/77)
 Access Limits Under Poverty and Growth Facility— Review14065-(08/18)
 Contributions to PRGF and PRGF-HIPC Trusts-Value Date for Operations and Transactions13004-(03/39)
 Poverty Reduction and Growth Facility Trust-Borrowing for Loan Account-Consultation with Creditors12559-(01/85)
  The Chairman's Summing Up of the Discussion on the Enhancement of the Structural Adjustment Facility-Operational Arrangements EBM/87/171
 The Chairman's Remarks at the Conclusion of the Discussion on the Enhancement of the Structural Adjustment Facility- Legal Documentation EBM/87/176
 Establishment of a Trust for Special PRGF Operations for the Heavily Indebted Poor Countries and Interim PRGF Subsidy Operations (PRG-HIPC Trust)11436-(97/10)
 PRGF-HIPC Trust Instrument—Sunset Clause on Eligibility13797-(06/88)
 Trust for Special ESAF Operations for Heavily Indebted Poor Countries and Interim ESAF Subsidy Operations-Terms and Conditions for Administration of Account Provided Under Section III, Paragraph 5(b) of Trust11698-(98/38)
  The Chairman's Summing Up at the Conclusion of the Discussion on the Modalities for Special ESAF Operations in the Context of the HIPC Initiative and Other ESAF Issues EBM/97/10
 The Acting Chair's Summing Up HIPC Initiative-Status of Implementation; Background Papers on the Achievement of Long-Term External Debt Sustainability and External Debt Management in HIPCs; and Update on Financing of PRGF and HIPC Operations and Subsidization of Post-Conflict Emergency Assistance EBM/02/40
 Summing Up by the Chairman Enhanced Initiative for Heavily Indebted Poor Countries (HIPCs) and Poverty Reduction Strategy Papers (PRSPs)- Progress Reports and Review of Implementation EBM/00/90
 Summing Up by the Acting Chairman Initiative for Heavily Indebted Poor Countries- Proposal for Streamlining Preliminary Documents EBM/00/108
  The Acting Chair’s Summing Up—Heavily Indebted Poor Countries (HIPC) Initiative—Status of Implementation EBM/05/78
  The Acting Chair’s Summing Up—2005 Review of the Poverty Reduction Strategy Approach—Balancing Accountabilities and Scaling Up Results—Synthesis EBM/05/78
  The Acting Chair’s Summing Up— Initiative for Heavily Indebted Poor Countries (HIPC) and Multilateral Debt Relief Initiative (MDRI)— Status of Implementation and Proposals for the Future of the HIPC Initiative EBM/11/115
 Joint Staff Advisory Notes—Amendments to Streamline Modalities14253-(09/8)
  The Acting Chair’s Summing Up—Multilateral Debt Relief Initiative and Exogenous Shocks Facility—Proposed Decisions EBM/05/99
 Multilateral Debt Relief Initiative (MDRI) and Related HIPC Initiative Amendments13588-(05/99)
 Review of the Fund’s Income Position for FY 2011 and FY 2012—MDRI-I Trust Reimbursement for FY 201114894-(11/37)
 Administered Account to Subsidize Post-Conflict Emergency Assistance to Poverty Reduction and Growth Facility-Eligible Members-Establishment12481-(01/45)
 Administered Account to Subsidize Post-Conflict Emergency Assistance to Poverty Reduction and Growth Facility-Eligible Members-Use of SDRs12482-(01/45)
 Second Special Contingency Account (SCA-2)—Establishment of Administered Account12061-(99/130)
 Proposal for a Post-Catastrophe Debt Relief Trust Fund—Establishment and Related Matters14649-(10/64)
 Proposal for a Post-Catastrophe Debt Relief Trust Fund—Umbrella Account—Establishment of Account and Terms and Conditions14650-(10/64)

ARTICLE V, SECTION 3(a), (b), AND (c)

Use of Fund Resources
General DecisionsDocument Number
 Interpretation of Articles of Agreement71-2
 Use of Fund's Resources for Capital Transfers1238-(61/43)
 Use of Fund's Resources: Meaning of "Consistent with the Provisions of This Agreement" in Article V, Section 3287-3
 Use of Fund's Resources: Meaning of Article V, Section 3 (b)(ii)284-4
 Guidelines on Conditionality12864-(02/102)
 Conditionality Governing the Use of Fund Resources14280-(09/29)
  The Acting Chair’s Summing Up - GRA Lending Toolkit and Conditionality—Reform Proposals EBM/09/29
 Elimination of Certain Special Facilities14282-(09/29)
 Use of Fund Resources —Side Letters12067-(99/108)
  Summing Up by the Acting Chair Review of Side Letters and the Use of Fund Resources EBM/02/59
 Misreporting and Noncomplying Purchases in the General Resources Account-Guidelines on Corrective Action7842-(84/165)
 Making the Misreporting Policies Less Onerous in De Minimis Cases13849-(06/108)
 Establishment of General Policy to Condition Decisions in the General Resources Account on Accuracy of Information Regarding Implementation of Prior Actions12250-(00/77)
 Establishment of General Policy to Condition Waiver Decisions in the General Resources Account on Accuracy of Information Regarding Performance Criteria12251-(00/77)
Use of Fund ResourcesDocument Number
  Summing Up by the Acting Chairman on Strengthening Safeguards on the Use of Fund Resources and Misreporting of Information to the Fund-Policies, Procedures, and Remedies-Preliminary Considerations EBM/00/32
General DecisionsDocument Number
 Failure to Meet a Repurchase Expectation and Use of Fund's General Resources EBM/85/26
 Overdue Financial Obligations-Amended Decisions12548-(01/84)
  The Acting Chair's Summing Up Safeguards Assessments-Review of Experience and Next Steps EBM/02/26
  The Acting Chair’s Summing Up Safeguards Assessments—Review of Experience; The Safeguards Policy—Independent Panel’s Advisory Report EBM/10/76
 Summing Up by the Chairman Emergency Financing Mechanism EBM/95/85
 Post-Program Monitoring13454-(05/26)
  The Acting Chair’s Summing Up- Conclusions of the Task Force on Prolonged Use of Fund Resources EBM/03/28
  The Acting Chair’s Summing Up—Review of Ex Post Assessments and Issues Related to the Policy on Longer-Term Program Engagement EBM/06/46
Stand-By, Extended, Flexible Credit Line, and
Precautionary Credit Line ArrangementsDocument Number
 Guidelines On Conditionality-Stand-By Arrangements12865-(02/102)
 Use of Currencies and SDRs in the General Resources Account and Principles and Procedures for DesignationDN4
 Summing Up by the Acting Chair Lessons from the Real-Time Assessments of Structural Conditionality EBM/02/36
 Relationship Between Performance Criteria and Phasing of Purchases Under Fund Arrangements-Operational Guidelines7925-(85/38)
 DEBT LIMITS IN FUND-SUPPORTED PROGRAMS—PROPOSED NEW GUIDELINES6230-(79/140)
 Guidelines on Performance Criteria with Respect to Foreign Borrowing-Change in Implementation of Revised Guidelines11248-(96/38)
 Extended Fund Facility4377-(74/114)
 Reduction of Blackout Periods in GRA Arrangements14407-(09/105)
 Stand-By and Extended Arrangements-Standard Forms10464-(93/130)
 Completion of Reviews Under Stand-By and Extended Arrangements12278-(00/86)
 Flexible Credit Line (FCL) Arrangements14283-(09/29)
 The Fund’s Mandate—Flexible Credit Line (FCL) Arrangements14714-(10/83)
 The Fund’s Mandate—Review of Decisions on FCL Arrangements and PCL Arrangements14717-(10/83)
  The Chairman’s Summing Up—Review of the Flexible Credit Line and Precautionary Credit Line; The Fund’s Financing Role—Reform Proposals on Liquidity and Emergency Assistance EBM/11/112
 Omnibus Paper on Easing Work Pressures08/28
Liquidity and Emergency AssistanceDocument Number
 The Fund’s Financing Role—Reform Proposals on Liquidity and Emergency Assistance—Rapid Financing Instrument (RFI)15015-(11/112)
 The Fund’s Financing Role—Reform Proposals on Liquidity and Emergency Assistance—Precautionary and Liquidity Line (PLL) Arrangements15017-(11/112)
 The Fund’s Financing Role—Reform Proposals on Liquidity and Emergency Assistance—Review of Decisions on FCL Arrangements and PLL Arrangements15019-(11/112)
  Concluding Remarks by the Chairman— Emergency Assistance—Natural Disasters EBM/82/16
  Summing Up by the Chairman Fund Involvement in Post-Conflict Countries EBM/95/82
 Summing Up by the Acting Chairman Fund Assistance to Post-Conflict Countries EBM/99/38
 The Acting Chair's Summing Up The Fund's Role in Low-Income Member Countries- Considerations on Instruments and Financing EBM/04/32
  The Chairman’s Summing Up— The Role of the Fund in Low-Income Countries EBM/08/6
Arrears to Creditors and Debt StrategyDocument Number
 Arrears to Creditors and Debt Strategy3153-(70/95)
  Review of Fund Policies and Procedure on Payments Arrears EBM/80/154
  Summing Up by the Chairman— Fund Involvement in the Debt Strategy EBM/89/61
  The Acting Chairman's Summing Up on Fund Policy on Arrears to Private Creditors-Further Considerations EBM/99/64
 The Acting Chair's Summing Up Fund Policy on Lending into Arrears to Private Creditors-Further Consideration of the Good Faith Criterion EBM/02/92
 Fund’s Policy on Lending into Arrears14036-(08/01)
 Summing Up by the Chairman Management of the Debt Situation EBM/91/48
 Summing Up by the Acting Chairman Settlement of Disputes Between Members Relating to External Financial Obligations-Role of the Fund EBM/84/99
Access PolicyDocument Number
 ACCESS POLICY AND LIMITS IN THE CREDIT TRANCHES AND UNDER THE EXTENDED FUND FACILITY AND ON OVERALL ACCESS TO THE FUND’S GENERAL RESOURCES, AND EXCEPTIONAL ACCESS POLICY—REVIEW AND MODIFICATION14064-(08/18)
 Summing Up by the Acting Chair—Access Policy in Capital Account CrisesEBM/02/94
  The Acting Chair's Summing Up Review of Access Policy Under the Credit Tranches and the Extended Fund Facility, and Access Policy in Capital Account Crises-Modifications to the Supplemental Reserve Facility and Follow-Up Issues Related to Exceptional Access Policy EBM/03/16
 Summing Up by the Acting Chair Review of Exceptional Access Policy EBM/04/36
 The Chairman’s Summing Up—Crisis Prevention and Precautionary Arrangements—Status ReportEBM/04/90
Trade-Related Balance of Payments Adjustment—Fund SupportDocument Number
 Trade Integration Mechanism13229-(04/33)

ARTICLE V, SECTION 3(d) AND (f)

Media of PaymentDocument Number
 Assessment of Strength of Member's Balance of Payments and Gross Reserve Position for the Purposes of Designation Plans, Operational Budgets and Repurchases Under Article V, Section 7(b)6273-(79/158)
 Transfers of SDRs Under Article V, Section 3(f)6275-(79/158)
 Procedures for the Sale of Currencies at the Request of Members with Outstanding Purchases6352-(79/183)
 Operational Budget-Review of Guidelines for Allocation of Currencies11837-(98/121)
 Selection of Currencies by the Fund6774-(81/35)

ARTICLE V, SECTION 5

Ineligibility to Use the Fund’s General ResourcesDocument Number
 Use of Fund's Resources: Limitation and Ineligibility Under Article V, Section 5284-3
 Use of Fund's Resources: Postponement and Limitation Under Article V, Section 5286-1

ARTICLE V, SECTION 6

Sales of SDRs by the FundDocument Number
 Sales of SDRs by the Fund6663-(80/160)

ARTICLE V, SECTION 7

RepurchasesDocument Number
 Guidelines for Early Repurchase6172-(79/101)
 Repurchase5703-(78/39)
 Attribution of Reductions in Fund's Holdings of Currencies6831-(81/65)

ARTICLE V, SECTIONS 8 AND 9

Charges and RemunerationDocument Number
 Charges: Future Changes in Charges on Fund's Holdings of Members' Currencies in Excess of Quota4239-(74/67)
 Surcharge on Purchases in Credit Tranches and Under Extended Fund Facility12346-(00/117)
 Charges: Media of Payment in General Resources Account5702-(78/39)
 Charges: Accounting for Charges from Members with Overdue Obligations8433-(86/175)
 Charges: Special Charges on Overdue Financial Obligations to the Fund8165-(85/189)
 Charges: Setoff in Connection with a Retroactive Reduction of Charges Due by Members in Arrears8271-(86/74)
Burden SharingDocument Number
 Income Position—Burden Sharing—Implementation in FY 200011945-(99/49)
 Implementation of Burden Sharing in FY 200112189-(00/45)
 Burden Sharing—Implementation in FY 200713707-(06/40)
 Review of the Fund’s Income Position for FY 2011 and FY 2012—The Rate of Charge on the Use of Fund Resources for FY 201214900-(11/37)
 Review of the Fund’s Income Position for FY 2010 and FY 2011—PRGT Reserve Account Transfer to Subsidy Account14600-(10/41)
 Review of the Fund’s Income Position for FY 2010 and FY 2011—The Rate of Charge on the Use of Fund Resources for FY 201114604-(10/41)

ARTICLE V, SECTIONS 10 AND 11

Rates for Computations and Maintenance of ValueDocument Number
 Rates for Computations and Maintenance of Value5590-(77/163)

ARTICLE V, SECTION 12(f)

Special Disbursement AccountDocument Number
 Special Disbursement Account: Investment12152-(00/21)
 Regulations for Administration8238-(86/56)
 List of Eligible Members and Amounts of Assistance8240-(86/56)
 Eligibility to Use the Fund’s Facilities for Concessional Financing—PRGT Eligibility Criteria14521-(10/3)
  The Acting Chair’s Summing Up— Eligibility to Use the Fund’s Facilities for Concessional Financing EBM/12/17
 Special Disbursement Account: Review of Structural Adjustment Facility and Establishment of the Enhanced Structural Adjustment Facility8757-(87/176)
 Special Disbursement Account: Transfer of Resources from the Special Disbursement Account to the Enhanced Structural Adjustment Facility Trust and Retransfer to the Special Disbursement Account8760-(87/176)
 Special Disbursement Account: Review of Structural Adjustment Facility (SAF), Termination of Authority to Make Commitments to Provide Assistance from SAF in Conjunction with Loans from ESAF Trust, and Transfer of Resources from SDA to ESAF Trust10531-(93/170)
 Modalities of Gold Pledge for Use of PRGF Trust Resources Under Rights Approach10286-(93/23)
 Annual Reimbursement of General Resources Account in Respect of Expenses of Conducting Business of PRGF-ESF Trust14093-(08/32)
 Review of the Fund’s Income Position for FY 2011 and FY 2012—PRGT Reserve Account Transfer to Subsidy Account14896-(11/37)

ARTICLE VI, SECTION 1

Use of Fund’s Resources for Capital TransfersDocument Number
 Use Of Fund’S Resources for Capital TransfersDN6

ARTICLE VI, SECTION 3

Controls on Capital TransfersDocument Number
 Controls on Capital Transfers541-(56/39)

ARTICLE VII

BorrowingDocument Number
 General Arrangements to Borrow1289-(62/1)
 General Arrangements to Borrow: Transferability of Claims7628-(84/25)
 New Arrangements to Borrow11428-(97/6)
 New Arrangements to Borrow-Transferability of Claims11429-(97/6)
 Establishment of the Borrowed Resources Suspense Accounts6844-(81/75)
 Investment by the Fund of the Currencies Held in the Borrowed Resources Suspense Accounts6845-(81/75)
 Guidelines for Borrowing by the Fund9862-(91/156)
 A Framework for the Fund’s Issuance of Notes to the Official Sector14379-(09/67)

ARTICLE VIII, SECTION 2(b)

Unenforceability of Exchange ContractsDocument Number
 Unenforceability of Exchange Contracts: Fund's Interpretation of Article VIII, Section 2(b)446-4

ARTICLE VIII AND ARTICLE XIV

Payments RestrictionsDocument Number
 Payments Restrictions for Security Reasons: Fund Jurisdiction144-(52/51)
 Bilateralism and Convertibility433-(55/42)
 Official Clearing and Payments Arrangements-Temporary Exemption from Three-Month Rule10749-(94/67)
 Retention Quotas: Decision and Letter of Transmittal201-(53/29)
 Discrimination for Balance of Payments Reasons955-(59/45)
 Article VIII and Article XIV1034-(60/27)
  Summing Up by the Chairman Biennial Review of the Fund's Surveillance Policy EBM/93/15
 Payments Arrears3153-(70/95)
Payments PoliciesDocument Number
 Consultations on Members' Policies in Present Circumstances4134-(74/4)
Multiple Currency PracticesDocument Number
 Statement to Members Transmitting Fund's Decisions on Multiple Currency Practices237-2
 Multiple Currency Practices649-(57/33)
 Policy on Multiple Currency Practices6790-(81/43)
 Multiple Currency Practices Applicable Solely to Capital Transactions8648-(87/104)

ARTICLE VIII, SECTION 5

Furnishing of InformationDocument Number
 Strengthening the Effectiveness of Article VIII, Section 513183-(04/10)
  The Acting Chair’s Summing Up— Review of Data Provision to the Fund for Surveillance Purposes EBM/08/38
  Summing Up by the Acting Chairman—Standards for the Dissemination of Economic and Financial Statistics to the Public by Member Countries and Implementation of the SDDS EBM/96/36
  Summing Up by the Acting Chairman General Data Dissemination System EBM/97/125
  The Acting Chair’s Summing Up— Eighth Review of the Fund’s Data Standards Initiatives EBM/12/18

ARTICLE IX, SECTION 5

ArchivesDocument Number
 Review of the Fund’s Transparency Policy—Archives Policy14498-(09/126)
 Cooperation with Investigations on Fund Activities by Auditing Institutions of Members-Procedures12424-(01/13)

ARTICLE IX, SECTION 7

Privilege for CommunicationsDocument Number
 Interpretation of Article IX, Section 7534-3

ARTICLE IX, SECTION 8

Immunities and Privileges of Officers and EmployeesDocument Number
 Managing Director—Policy Statement on Immunity of Fund OfficialsA-11780

ARTICLE X

Relations with Other International OrganizationsDocument Number
 Arrangement for Consultation and Cooperation with the Contracting Parties of GATT363-1
 The IMF-World Bank ConcordatSM/89/54
  Fund/Bank Collaboration: Invitation to the Bank to Send a Staff Member as an Observer EBM/70/30
  The Chairman’s Summing Up at the Conclusion of the Discussion on Fund-Bank Collaboration and the Adjustment Process—Issues for Consideration EBM/84/171
 Concluding Remarks by the Acting Chairman Bank-Fund Collaboration-Report of the Managing Director and the President; and Review of Collaboration in Strengthening Financial Systems EBM/98/102
  The Acting Chair's Summing Up Strengthening IMF-World Bank Collaboration on Country Programs and Conditionality-Progress Report EBM/04/26
  The Acting Chair’s Summing Up—Operational Framework for Debt Sustainability Assessments in Low-Income Countries—Further Considerations EBM/05/34
 European Central Bank-Observer Status12925-(03/1)
 Guidelines/Framework for Fund Staff Collaboration with the New World Trade Organization10968-(95/43)
 Exchange of Documents with Other International Agencies9786-(93/20)
  Summing Up by the Chairman Policy Orientation and Balance of Payments Assistance of Bilateral and Multilateral Aid Agencies EBM/90/106

ARTICLE XII, SECTION 3

Executive DirectorsDocument Number
 Interpretation of Article XII, Sections 3(b)(i) and 3(f)2-1
 Executive Directors: Article XII, Section 3(c)574-2
 Additional Appointed Directors597-4
 Adjustment of Quota and Voting Power180-5
Document Number
 Code of Conduct for the Members of the Executive Board of the International Monetary Fund12239-(00/71)
 Executive Board Meetings—Procedural GuidelinesEBM/75/12

ARTICLE XII, SECTION 4

Managing Director and StaffDocument Number
 Authorized Signatories9605-(90/170)

ARTICLE XII, SECTION 6

Reserves, Distribution of Net Income, and InvestmentDocument Number
 The Investment Account—Establishment13710-(06/40)
 Investment Account—Adoption of Rules and Regulations13711-(06/40)
 Review of the Fund’s Income Position for FY 2010 and FY 2011—Transfer of Currencies to the Investment Account14603-(10/41)
 Review of the Fund’s Income Position for FY 2011 and FY 2012—Transfer of Currencies to the Investment Account14899-(11/37)
 Review of the Fund’s Income Position for FY 2011 and FY 2012—Transfer of Investment Income for FY 2011 to General Resources Account14897-(11/37)
 Review of the Fund’s Income Position for FY 2011 and FY 2012—Placement of FY 2011 Net Income of the General Resources Account to the Special Reserve and the General Reserve14898-(11/37)
 Partial Distribution of the General Reserve Attributed to Windfall Gold Sale Profits15092-(12/19)
  The Acting Chair’s Summing Up— Broadening the Fund’s Investment Mandate—Further Considerations EBM/11/86

ARTICLE XII, SECTION 7

Publication of ReportsDocument Number
 Review of the Fund’s Transparency Policy13564-(05/85)
  The Acting Chair's Summing Up The Fund's Transparency Policy-Issues and Next Steps EBM/03/87
  Summing Up by the Acting Chairman Review of Fund Facilities-Proposed Decisions and Implementation Guidelines EBM/00/113
 Publicity upon Suspension of Voting Rights and Termination of Suspension10305-(93/32)
  Concluding Remarks by the Acting Chairman Strengthening the Application of the Guidelines on Misreporting EBM/00/77
 Summing Up by the Acting Chairman- Transparency and Use of Fund Resources EBM/99/135
 Public Information Notices-Release11493-(97/45)
 Summings Up for Internal Purposes on Use of Fund Resources12663-(02/6)
 External Audit Firm Mandatory Rotation and Limits on Provision of Audit-Related Services and Non-Audit- Related Services13323-(04/78)

ARTICLE XIV

Restrictions on Payments and Transfers: WithdrawalDocument Number
 Meaning of "Exceptional Circumstances" in Article XIV, Section 4117-1

ARTICLE XV, SECTION 2

Valuation of the Special Drawing RightDocument Number
 SDR Valuation Basket-Revised Guidelines for Calculation of Currency Amounts12281-(00/98)
 SDR Valuation Basket-Guidelines for the Calculation of Currency Amounts8160-(85/186)
 Review of the Method of Valuation of the SDR14769-(10/110)
 Method of Collecting Exchange Rates for the Calculation of the Value of the SDR for the Purposes of Rule O-2(a)6709-(80/189)

ARTICLE XVII, SECTION 3

Special Drawing Rights: Other HoldersDocument Number
 Special Drawing Rights: Other Holders6467-(80/71)
 Bank for International Settlements (BIS): Change in Terms and Conditions of Prescription as Holder of SDRs6484-(80/77)
 Andean Reserve Fund-Holder of SDRs6486-(80/77)
 Use of SDRs in Payment of Trust Fund Obligations8642-(87/101)
 Use of SDRs in Payment of Subsidy8186-(86/9)
 Use of SDRs in Operations Under Structural Adjustment Facility8239-(86/56)
 Use of SDRs in Financial Operations Under the Enhanced Structural Adjustment Facility Trust or Under an Administered Account8937-(88/118)
 Use of SDRs in Financial Operations Under the PRGF-HIPC Trust or Under an Administered Account12062-(99/130)

ARTICLE XVIII, SECTION 2

Allocation of Special Drawing RightsDocument Number
 Allocation of Special Drawing Rights for the First Basic Period24-12
 Allocation of Special Drawing Rights for the Third Basic Period34-3
 Allocation of Special Drawing Rights for the Ninth Basic Period64-3

ARTICLE XIX, SECTION 2

Special Drawing Rights: Additional UsesDocument Number
 Use of SDRs in Settlement of Financial Obligations6000-(79/1)
 Use of SDRs in Loans6001-(79/1)
 Use of SDRs in Pledges6053-(79/34)
 Use of SDRs in Transfers as Security for the Performance of Financial Obligations6054-(79/34)
 Use of SDRs in Swap Operations6336-(79/178)
 Use of SDRs in Forward Operations6337-(79/178)
 Use of SDRs in Donations6437-(80/37)

ARTICLE XIX, SECTION 5

Designation of Participants to Provide CurrencyDocument Number
 Review of Rules for Designation and Method of Calculating Designation Amounts6209-(79/124)
 Rules for Designation-Revision11976-(99/59)

ARTICLE XIX, SECTION 6

ReconstitutionDocument Number
 Abrogation of Rules for Reconstitution6832-(81/65)

ARTICLE XX, SECTION 2

ChargesDocument Number
 Payment of Net Charges and Assessment in the SDR Department for the Financial Year Ended April 30, 19827116-(82/68)

ARTICLE XX, SECTION 4

AssessmentsDocument Number
 Review of the Fund’s Income Position for FY 2011 and FY 2012—Assessment Under Article XX, Section 4 for FY 201114893-(11/37)

ARTICLE XXVI

Remedial Measures on Overdue Financial Obligations to the FundDocument Number
 Overdue Payments to the Fund-Purchases From Fund7908-(85/26)
  Overdue Payments to the Fund- Discussions on Use of Fund Resources EBM/84/54
 The Chairman's Summing Up at the Conclusion of the Discussion on Overdue Financial Obligations to the Fund EBM/85/170
 The Acting Chairman's Concluding Remarks at the Discussion on Additions to the Special Contingent Account EBM/88/12
 The Acting Chairman's Summing Up at the Conclusion of the Discussion on Overdue Financial Obligations-Six-Monthly Report EBM/88/19
  Procedures for Dealing with Members with Overdue Financial Obligations to the General Department and the SDR Department EBM/89/101
  Statement by the Managing Director on the Strengthened Cooperative Strategy on Overdue Financial Obligations to the Fund EBM/90/38
  Summing Up by the Chairman—Operational Modalities of the Rights Approach DN9
 Summing Up by the Chairman Overdue Financial Obligations to the Fund- Six-Monthly Review; Progress Under the Strengthened Cooperative Strategy; and Special Charges-Annual Review EBM/91/42
  Summing Up by the Acting Chairman—Overdue Financial Obligations to the Fund—Six-Monthly Review; Further Progress Under the Strengthened Cooperative Strategy EBM/92/58
  The Acting Chairman’s Summing Up—Overdue Financial Obligations—De-Escalation of Remedial Measures Under the Strengthened Cooperative Strategy—Further Considerations EBM/99/79
 Review of the Fund’s Strategy on Overdue Financial Obligations14991-(11/88)
 Review of the Fund’s Strategy on Overdue Financial Obligations—Flexibility Under the De-Escalation Policy for Members Hit by a Qualifying Catastrophic Disaster14725-(10/84)

ARTICLE XXX(c)

Calculation of Reserve Tranche: Exclusion of Purchases and HoldingsDocument Number
 Exclusion of Purchases in the Credit Tranches and Under Extended Fund Facility6830-(81/65)
 Balances Held in Administrative Account7060-(82/23)

ARTICLE XXX(f)

Freely Usable CurrenciesDocument Number
 Freely Usable Currencies11857-(98/130)

GENERAL

Trust FundDocument Number
 Trust Fund: Means of Payment of Interest by Members on Their Indebtedness Under Loan Agreements6358-(79/188)
 Trust Fund: Means of Repayment by Members on Their Indebtedness Under Loan Agreements7142-(82/85)
 Trust Fund: Special Charges on Overdue Financial ObligationsDN11
 Trust Fund: Final Direct Distribution of Profits6540-(80/98)
 Trust Fund: Termination and Transfer of Resources to Special Disbursement Account6704-(80/185)
 Terms of Repayment of Final Loan Disbursement and Amendment of Trust Instrument6793-(81/45)
Subsidy AccountDocument Number
 Supplementary Financing Facility: Subsidy Account-Instrument6683-(80/185)
 Review of the Fund’s Income Position for FY 2011 and FY 2012—PCDR Trust Reimbursement for FY 201114895-(11/37)
 Supplementary Financing Facility: Subsidy Account-Investment6854-(81/78)
 Supplementary Financing Facility: Subsidy Account-Suspension of Transfers and Re-Transfer of Surplus7989-(85/81)
 Supplementary Financing Facility: Subsidy Account-Means of Subsidy Payments8185-(86/9)
 Supplementary Financing Facility Subsidy Account-Exchange Rate for Payment of Subsidies13005-(03/39)

OTHER SELECTED RESOLUTIONS AND RELATED DOCUMENTS

Document Number
 A. Request for Interpretation of the Articles of Agreement as to the Authority of the Fund to Use Its ResourcesIM-6
 B. Resolution of the United Nations General Assembly 377(V) Entitled “Uniting for Peace”6-8
 C. Composite Resolution on the Work of the Ad Hoc Committee on Reform of the International Monetary System and Related Issues and on a Program of Immediate Action29-7

OTHER SELECTED RESOLUTIONS AND RELATED DOCUMENTS Composite Resolution

 First Resolution (No. 29-7):29-7
 Resolution No. 54-954-9
 Third Resolution (No. 29-9):29-9
 Fourth Resolution (No. 29-10):29-10
 Interim Committee: Rules of ProcedureDN12
 Development Committee: Rules of ProcedureDN13
 Development Committee: Changes in the Organization of Work and Structure of the Secretariat FunctionDN14

The Fund, the United Nations, and Other International Organizations

 Agreement Between the United Nations and the International Monetary FundDN15
 United Nations Convention on the Privileges and Immunities of the Specialized Agencies and Annex VDN16
The IMF and the World Trade OrganizationDocument Number
 Relations with World Trade Organization (WTO)—Fund-WTO Cooperation Agreement11381-(96/105)
 Decision Adopted by the General Council Concerning Agreements Between the WTO and the IMF and the World Bank at Its Meeting on 7, 8, and 13 November 1996 (WT/L/194, 18 November 1996)DN17
 Agreement Between the International Monetary Fund and the World Trade OrganizationDN18