Selected Decisions and Selected Documents of the IMF, Fortieth Issue -- Interpretation of Articles of Agreement
Prepared by the Legal Department of the IMFAs updated as of April 30, 2019
| ARTICLE V, SECTION 3(a), (b), AND (c) | |||
| Use of Fund Resources | ||||
| General Decisions | ||||
INTERPRETATION OF ARTICLES OF AGREEMENT The Executive Directors of the International Monetary Fund interpret the Articles of Agreement to mean that authority to use the resources of the Fund is limited to use in accordance with its purposes to give temporary assistance in financing balance of payments deficits on current account for monetary stabilization operations. Pursuant to Decision No. 71-2, September 26, 1946 | ||||
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