Annual Report of the Executive Board

Annual Report of the Executive Board

Annual Report of the Executive Board for the Financial Year Ended April 30, 1999

September 1999

WASHINGTON, D.C.

CONTENTS
File 1 422k Adobe   Acrobat pdf file	Letter of Transmittal
	Executive Board and Senior Officers
	Board of Governors, Executive Board, Interim Committee, and Development Committee
	Prefatory Notes
File 2 157k Adobe   Acrobat pdf file	I.  Overview
	Financial Crises Prompt Consideration of Proposals to Strengthen the Global Financial System
	II.  The Global Economy
	Main Developments in the World Economy in 1998/99 Emerging Market Economies Advanced Economies
	World Economic Outlook United States, Japan, and Europe Crisis-Afflicted Economies Other Emerging Economies Preventing Contagion
	International Capital Markets Annual Review    Asian Crisis and Other Emerging Market       Developments    Mature Market Countries Interim Review    Factors Behind Markets' Response    Role of Public Policy
File 3 178k Adobe   Acrobat pdf file	III.  The IMF in 1998/99
	Evolution of the Economic Crisis in Emerging Market Economies IMF-Supported Programs in Asian Crisis Countries    The Board's Assessment Russia and Brazil
	Strengthening the Architecture of the International Financial System Transparency, Standards, and Surveillance    Improving Transparency and Accountability       of the IMF and Member Countries    Developing Standards for Use by Members    Role of Standards in IMF Surveillance Strengthening Financial Systems Capital Account Issues Involving the Private Sector in Forestalling    and Resolving Crises    Intensifying Efforts at Preventing Crises    Measures to Facilitate Private Sector       Involvement Systemic Issues    Implications of Capital Mobility and Exchange       Rate Volatility    Developing IMF Facilities    Strengthening IMF Resources Institutional Reform and Strengthening or Transforming     the Interim Committee
	Surveillance Bilateral Surveillance Global and Regional Surveillance    European Economic and Monetary Union    West African Economic and Monetary Union Experience of Transition Economies
File 4 212k Adobe   Acrobat pdf file	Support for Member Countries' Adjustment Supplemental Reserve Facility and Contingent    Credit Lines Assistance to Postconflict Countries    Postconflict Countries with Arrears to       International Institutions Access Policy and Limits Staff-Monitored Programs Social Issues Economic Impact of the Kosovo Crisis Member Countries' Use of IMF Facilities    Albania    Armenia    Azerbaijan    Bangladesh    Benin    Bolivia    Bosnia and Herzegovina    Brazil    Bulgaria    Burkina Faso    Cameroon    Central African Republic    Republic of Congo    Djibouti    Dominican Republic    El Salvador    Ethiopia    The Gambia    Georgia    Guyana    Haiti    Honduras    Jordan    Kyrgyz Republic    Former Yugoslav Republic of Macedonia    Malawi    Mali    Mozambique    Niger    Pakistan    Russia    Rwanda    St. Kitts and Nevis    Sierra Leone    Tajikistan    Tanzania    Uganda    Ukraine    Uruguay    Republic of Yemen    Zambia    Zimbabwe
	The ESAF and the HIPC Initiative HIPC Initiative    Progress in Implementation    Options for Enhancing the HIPC Initiative Distilling Lessons from ESAF Evaluations    Design of ESAF-Supported Programs    Implementation of ESAF-Supported Programs    Social Policies in ESAF-Supported Programs    IMF ­World Bank Collaboration    Monitoring ESAF-Supported Programs Financing the ESAF and the HIPC Initiative
	Technical Assistance and Training
File 5 195k Adobe   Acrobat pdf file	Financial Operations and Policies Membership and Quotas IMF Liquidity and Borrowing    General Resources    Borrowing    Access Policy and Limits on Use of IMF       Resources Members' Use of IMF Resources and Credit    Outstanding    Stand-By and Extended Arrangements    Special Facilities    SAF and ESAF    ESAF-HIPC Trust IMF Income, Charges, and Burden Sharing Overdue Financial Obligations    Progress Under the Strengthened Cooperative       Strategy SDR Department    SDR Valuation and Interest Rate Basket    SDR Operations and Transactions    Pattern of SDR Holdings
	IV.  IMF Organization, Staffing, and Budget
	Organization, Staffing, and Budget Executive Board Departments    Area Departments    Functional and Special Services Departments    Information and Liaison    Support Services Staff    Recruitment and Retention    Salary Structure    Diversity Administrative and Capital Budgets    Budget Outlook    Budgets and Expenditure in 1998/99    Budgets and Expenditure in 1999/2000
File 6 226k Adobe   Acrobat pdf file	Appendices International Reserves Financial Operations and Transactions Principal Policy Decisions of the Executive Board IMF Relations with Other International Organizations External Relations
File 7 287k Adobe   Acrobat pdf file	Press Communiqués of the Interim Committee and the Development Committee Excutive Directors and Voting Power on April 30, 1999 Changes in Membership of the Executive Board Financial Statements