Selected Decisions and Selected Documents of the IMF, Fortieth Issue -- Review of the Fund’s Income Position for FY 2018 and FY 2019-2020—Assessment Under Article XX, Section 4 for FY 2018

Prepared by the Legal Department of the IMF
As updated as of April 30, 2019

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ARTICLE XX, SECTION 4
Assessments

REVIEW OF THE FUND’S INCOME POSITION FOR FY 2018 AND FY 2019-2020—ASSESSMENT UNDER ARTICLE XX, SECTION 4 FOR FY 2018

Pursuant to Article XVI, Section 2 and Article XX, Section 4 of the Articles of Agreement and Rule T-2 of the Fund’s Rules and Regulations, it is decided that: (i) The General Department shall be reimbursed for the expenses of conducting the business of the SDR Department for the period of May 1, 2017 through April 30, 2018; and (ii) An assessment shall be levied on all participants in the SDR Department. The special drawing right holdings accounts of participants shall be debited on April 30, 2018 with an amount equal to 0.00165695 percent of their net cumulative allocations of special drawing rights. The total assessment shall be paid into the General Department. (EBS/18/25, 04/05/18)

Decision No. 16358-(18/36),

April 25, 2018

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