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Report of the Managing Director to the International Monetary and Financial Committee on the IMF's Policy Agenda-IMF Responses to Global Economic Challenges

Author : International Monetary Fund

Publisher : International Monetary Fund

Page : 21 pages

File Size : 13,19 MB

Release : 2008-08-10

Category : Business & Economics

ISBN : 1498334008

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Book Description

The report provides an update on work in the following areas: global stability, IMF lending, food and fuel price developments, and modernizing the IMF.







Report of the Managing Director to the International Monetary and Financial Committee on IMF Quota and Voice Reform

Author : International Monetary Fund

Publisher : International Monetary Fund

Page : 15 pages

File Size : 37,40 MB

Release : 2008-09-04

Category : Business & Economics

ISBN : 1498334695

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Book Description

The October 2007 Communiqué of the IMFC called on the Executive Board to develop specific proposals on a new income model and a new expenditure framework by the time of the 2008 Spring Meetings. On April 7, 2008, the Executive Board endorsed a new income model for the Fund and considered a new medium-term budgetary envelope for financial years 2009–11, which includes deep spending cuts, and approved administrative, restructuring, and capital budgets for financial year 2009. As a key element of this new income-expenditure framework, the Executive Board ecommended the adoption by the Board of Governors of an amendment of the Articles of Agreement to expand the Fund’s investment authority. The Executive Board’s recommendation was sent to the Board of Governors, with the voting period running through 6:00 p.m., Washington time, May 5, 2008.





Report of the Managing Director to the International Monetary and Financial Committee on a New Income and Expenditure Framework for the International Monetary Fund

Author : International Monetary Fund

Publisher : International Monetary Fund

Page : 15 pages

File Size : 39,81 MB

Release : 2008-09-04

Category : Business & Economics

ISBN : 1498334679

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Book Description

The October 2007 Communiqué of the IMFC called on the Executive Board to develop specific proposals on a new income model and a new expenditure framework by the time of the 2008 Spring Meetings. On April 7, 2008, the Executive Board endorsed a new income model for the Fund and considered a new medium-term budgetary envelope for financial years 2009–11, which includes deep spending cuts, and approved administrative, restructuring, and capital budgets for financial year 2009. As a key element of this new income-expenditure framework, the Executive Board ecommended the adoption by the Board of Governors of an amendment of the Articles of Agreement to expand the Fund’s investment authority. The Executive Board’s recommendation was sent to the Board of Governors, with the voting period running through 6:00 p.m., Washington time, May 5, 2008.





Report of the Managing Director to the International Monetary and Financial Committee on IMF Quota and Voice Reform

Author : Internationaler Währungsfonds

Publisher :

Page : 0 pages

File Size : 31,62 MB

Release : 2006

Category :

ISBN :

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Book Description

The April 2006 Communique of the IMFC called upon the Managing Director to work with the IMFC and the Executive Board to come forward with concrete proposals on IMF quota and voice reform for agreement at the Singapore Annual Meetings in September 2006. An intensive work program on quotas and voice was launched, involving IMF management and staff consultations with a broad spectrum of the membership and discussions in the Executive Board, building on earlier discussions of this issue, including in the context of the IMF's medium-term strategy. Specific reform proposals were discussed on several occasions by the Executive Board, most recently on August 31, 2006. I am pleased that the Executive Board reached agreement on a comprehensive program of reforms, and recommended that the Board of Governors adopt, by September 18, 2006, a resolution that provides for a two-year plan of action.