Andorra Applies for IMF Membership

IMF News, January 9, 2020

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Andorra Applies for IMF Membership

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Bibliographic details

• Published: January 9, 2020

Announcement

• Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), informed the Executive Board that the Government of the Principality of Andorra has filed an application for membership in the IMF.
• The application for admission to IMF membership from the Principality of Andorra will be considered in due course.
• Press Release No. 20/5
• Date of release: January 9, 2020

IMF procedures for admission

• The application will be considered by the IMF's Executive Board.
• The Executive Board will submit a recommendation to the Board of Governors of the IMF in the form of a Membership Resolution.
• The recommendation covers:
  • the amount of quota in the IMF,
  • the form of payment of the subscription,
  • and other customary terms and conditions of membership.
• After the Board of Governors adopts the Membership Resolution, the applicant country may become a member once it has taken the legal steps required under its law to:
  • sign the IMF's Articles of Agreement,
  • and fulfill the obligations of IMF membership.

Key statistics and contact information

• The IMF currently has 189 member countries.
• IMF Communications Department — MEDIA RELATIONS
  • PRESS OFFICER: Wafa Amr
  • Phone: +1 202 623-7100
  • Email: MEDIA@IMF.org
  • @IMFSpokesperson

International Monetary Fund.

References

• https://www.imf.org/-/media/images/imf/bios/imfboard.jpg
• The Executive Board
• Principality of Andorra and the IMF
• Press Releases
• PRESS CENTER
• https://www.imf.org/en/home