October 1–3, 1996

International Monetary Fund
Washington, D.C.

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1996 Annual Meetings



Summary Proceedings
of the Fifty-First Annual Meeting
of the Board of Governors

Contents

pointer PART 1 of 5 (114k PDF)

Introductory Note

Address by the Vice President of United States, Al Gore

Opening Address by the Chairman of the Boards of Governors,
  and Governor of the Fund and the Bank for Chile,
  Eduardo Aninat

Presentation of the Fifty-First Annual Report by the Chairman
  of the Executive Board and Managing Director of the
  International Monetary Fund, Michel Camdessus

Opening Address by the President of World Bank Group,
  James D. Wolfensohn

  Report to the Board of Governors of the International
    Monetary Fund by the Chairman of the Interim
    Committee of the Board of Governors of the
    International Monetary System, Philippe Maystadt

  Report to the Boards of Governors of the Bank and the Fund
    by the Chairman of the Joint Ministerial Committee of
    the Boards of Governors on the Transfer of Real
    Resources to Developing Countries
    (Development Committee), Mohamed Kabbaj


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  Statements by the Governors for
    Armenia
    Australia
    Austria
    Bangladesh
    Belgium
    Bosnia and Herzegovina
    Bosnia and Herzegovina
    Cambodia
    Canada
    China
    Croatia
    Denmark*
    Fiji
    France
    Gabon*
    Germany
    Greece
    India
    Indonesia
    Iran, Islamic Republic of
    Iraq
    Ireland*
    Israel
    Italy
    Japan
    Korea
    Lao People's Democratic Republic
    Latvia*
    Libyan Arab Jamahiriya
    Malaysia

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  Statements by the Governors for
    Malta
    Micronesia, Federated States of
    Mongolia
    Myanmar
    Nepal
    Netherlands
    New Zealand
    Nicaragua
    Pakistan
    Papua New Guinea
    Philippines
    Poland
    Portugal
    Russian Federation
    St. Kitts and Nevis
    Spain
    Sri Lanka
    Sweden*
    Switzerland
    Thailand
    Tonga
    Turkey
    Ukraine
    United Kingdom
    United States
    Uruguay*
    Venezuela
    Vietnam

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Concluding Remarks

  Statements by
    The Governor of the Bank for the United Arab Emirates
      Ahmad Humaid Al-Tayer
    The Chairman of the Executive Board and
      Managing Director of the International Monetary Fund,
      Michel Camdessus
    The President of the World Bank Group,
      James D. Wolfensohn
    The Chairman of the Boards of Governors and
      Governor of the Fund and the Bank for Chile,
      Eduardo Aninat

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Documents and Resolutions of the Board of Governors   

Schedule of Meetings

Provisions Relating to the Conduct of the Meetings

Agenda

Reports of the Joint Procedures Committee
    Report I
    Annex I to Report I. Regulations for the Conduct of the 1996
      Regular Election of Executive Directors, and Statement
      of Results of Election
    Annex II to Report I
      Attachment I. Rules and Regulations Amended Since the
      1995 Annual Meeting
   Report III

Resolutions
  50-1 Direct Remuneration of Executive Directors
            and Their Alternates
  50-2 Forthcoming Annual Meetings
  50-3 1996 Regular Election of Executive Directors
  50-4 Financial Statements, Report on Audit, and
              Administrative and Capital Budgets
  50-5 Amendments of the Rules and Regulations

Interim Committee of the Board of Governors on the
    International Monetary System
  Press Communiqué (September 29, 1996)
  Declaration on Partnership for Sustainable Global Growth
  Composition (as of September 29, 1996)

Joint Ministerial Committee of the Boards of Governors of the
    Fund and the Bank on the Transfer of Real Resources to
    Developing Countries (Development Committee)
  Press Communiqué (September 30, 1996)
  Composition (as of September 30, 1996)

Attendance 
  Members of Fund Delegations
  Observers, Representatives of International
    Organizations, and Special Invitees

Executive Directors, Alternates, and Advisors

List of Abbreviations

*Speaking on behalf of a group of countries.