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Review of the Fund's Strategy on Overdue Financial Obligations

Author : International Monetary Fund. Strategy, Policy, & Review Department

Publisher : International Monetary Fund

Page : 25 pages

File Size : 16,12 MB

Release : 2018-07-09

Category : Business & Economics

ISBN : 1498309356

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Book Description

"This paper reviews progress under the Fund’s strengthened cooperative strategy on overdue financial obligations. The level of overdue obligations to the Fund declined and their structure has remained broadly unchanged since the last review. Total overdue obligations to the Fund at end-June 2017 amounted to SDR 1,205.7 million, a decline of about SDR 100 million from the end-June 2012 level, when the strategy was reviewed last. All overdue obligations to the Fund at end-June 2017 were due to two protracted overdue obligations cases. Sudan accounts for the bulk of the overdue obligations to the Fund (80 percent), and Somalia for the remainder. Zimbabwe, which was in protracted overdue obligations to the PRGT at the time of the last Review, settled its overdue obligations to the PRGT on October 20, 2016."



Review of the Fund's Strategy on Overdue Financial Obligations

Author : International Monetary Fund

Publisher : International Monetary Fund

Page : 28 pages

File Size : 45,96 MB

Release : 2007-08-22

Category : Business & Economics

ISBN : 1498333427

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Book Description

This paper provides an annual review of progress under the Fund’s strengthened cooperative strategy on overdue financial obligations and proposes to extend the availability of the rights approach by another year, to end-August 2008. The rights approach could provide a useful mechanism for arrears clearance for the remaining eligible members, depending on their specific circumstances. A draft decision to this effect is provided in Section V.



Review of the Fund's Strategy on Overdue Financial Obligations

Author : International Monetary Fund. Legal Dept.

Publisher : INTERNATIONAL MONETARY FUND

Page : 22 pages

File Size : 37,17 MB

Release : 2006-08-16

Category : Business & Economics

ISBN : 9781498332330

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Book Description

This paper reviews progress under the Fund’s strengthened cooperative strategy on overdue financial obligations since the last review and proposes to extend the availability of the rights approach by another year, to end-August 2007. Section II reviews recent developments regarding overdue financial obligations to the Fund through end-June 2006. Progress under the Fund’s strategy on arrears and developments in the protracted arrears cases are discussed in Section III. A draft decision to extend the availability of the rights approach until end-August 2007 is provided in Section IV.



Review of the IMF's Strategy on Overdue Financial Obligations

Author : International Monetary Fund. Finance Dept.

Publisher : International Monetary Fund

Page : 23 pages

File Size : 35,91 MB

Release : 2009-08-18

Category : Business & Economics

ISBN : 1498335675

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Book Description

This paper reviews progress under the IMF's strengthened cooperative strategy on overdue financial obligations. Total arrears to the Fund declined by SDR 11 million, to SDR 1,327 million, since the last review. While Sudan’s payments in excess of its new obligations falling due to the Fund accounted for the decline, arrears by Somalia and Zimbabwe increased further. The majority of the arrears to the Fund (85 percent) were to the General Resources Account (GRA).



Review of the Fund’s Income Position for FY 2024 and FY 2025-2026

Author : International Monetary Fund. Finance Dept.

Publisher : International Monetary Fund

Page : 49 pages

File Size : 35,55 MB

Release : 2024-05-10

Category : Business & Economics

ISBN :

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Book Description

This paper updates the projections of the Fund’s income position for FY 2024 and FY 2025-2026 and proposes related decisions for the current and the following financial years. The paper also includes a proposed decision to keep the margin for the rate of charge unchanged until completion of the review of surcharges, but until no later than end FY 2025, at which time the Board would set the margin for the rest of FY 2025 and FY 2026. The Fund’s overall net income for FY 2024 is projected at about SDR 4.4 billion after taking into account pension-related remeasurement gain and estimated retained investment income of the Endowment Account.



Review of the Fund’s Income Position for FY2023 and FY2024

Author : International Monetary Fund. Finance Dept.

Publisher : International Monetary Fund

Page : 47 pages

File Size : 20,33 MB

Release : 2023-06-16

Category : Business & Economics

ISBN :

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Book Description

This paper updates the projections of the Fund’s income position for FY 2023 and FY 2024 and proposes related decisions for the current and next financial year. The paper also includes a proposed decision to keep the margin for the rate of charge unchanged for financial year 2024. The Fund’s overall net income for FY 2023 is projected at about SDR 1.8 billion, slightly lower than the April 2022 estimate.



Extension of the Period for Consent to Increase Quotas Under the Fourteenth General Review of Quotas, the 2008 Reform of Quota and Voice, and the Eleventh General Review of Quotas

Author : International Monetary Fund. Finance Dept.

Publisher : International Monetary Fund

Page : 6 pages

File Size : 37,43 MB

Release : 2011-08-12

Category : Business & Economics

ISBN : 1498338097

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Book Description

This paper proposes a six-month extension of the period for consent to increase quotas under the Fourteenth General Review of Quotas. The current deadline is due to expire on December 31, 2011; however, Resolution No. 66-2 provides that the Executive Board may extend the period for consent as it may determine. An extension under the Board of Governor’s Resolution No. 66-2 will also extend the periods of consent for quota increases under the 2008 Reform of Quota and Voice (Resolution No. 63-2) and the Eleventh General Review of Quotas (Resolution No. 53-2).



Extension Of The Periods For Consent To And Payment Of Quota Increases

Author : International Monetary Fund. Finance Dept.

Publisher : International Monetary Fund

Page : 5 pages

File Size : 13,66 MB

Release : 2020-01-15

Category : Business & Economics

ISBN : 1513526383

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Book Description

On December 20, 2019, the IMF’s Executive Board approved a further six-month extension of the period for members to consent to an increase in their quotas under the Fourteenth General Review of Quotas (“Fourteenth Review”) through June 30, 2020. The deadline was due to expire on December 27, 2019. However, Board of Governors Resolution No. 66-2 provides that the Executive Board may extend the period for consent as it may determine. An extension under Resolution No. 66-2 also extends the periods of consent for quota increases under the 2008 Reform of Quota and Voice (Resolution No. 63-2) and the Eleventh General Review of Quotas (Resolution No. 53-2). The Executive Board also approved a further six-month extension of the period for payment of quota increases under the Fourteenth Review, and an extension for the payment of the quota increases under the 2008 Reform, through June 30, 2020.



Extension of the Periods for Consent to and Payment of Quota Increases

Author : International Monetary Fund

Publisher : International Monetary Fund

Page : 6 pages

File Size : 11,73 MB

Release : 2018-01-10

Category : Business & Economics

ISBN : 1498307183

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Book Description

This paper proposes a further six-month extension of the period for members to consent to an increase in their quotas under the Fourteenth General Review of Quotas (“Fourteenth Review”) through June 29, 2018. The current deadline is due to expire on December 29, 2017. However, Board of Governors Resolution No. 66-2 provides that the Executive Board may extend the period for consent as it may determine. An extension under Resolution No. 66-2 will also extend the periods of consent for quota increases under the 2008 Reform of Quota and Voice (Resolution No. 63-2) and the Eleventh General Review of Quotas (Resolution No. 53-2). This paper also proposes a further six-month extension of the period for payment of quota increases under the Fourteenth Review, and an extension for the payment of the quota increases under the 2008 Reform, through June 29, 2018.



International Monetary Fund Annual Report 2005

Author : International Monetary Fund

Publisher : International Monetary Fund

Page : 236 pages

File Size : 42,68 MB

Release : 2005-09-16

Category : Business & Economics

ISBN : 1589064267

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Book Description

The Annual Report 2005 to the Board of Governors reviews the IMF's activities and policies during the financial year (May 1, 2004, through April 30, 2005). The main sections cover country, global, and regional surveillance; strengthening surveillance and crisis prevention; IMF program support and crisis resolution; the Fund's role in low-income countries; financial operations and policies; technical assistance and training; governance and management of the IMF; and cooperation, communication and outreach. Besides the full financial statements for the year, appendixes cover international reserves, financial operations and transactions, principal policy decisions, relations with other international organizations, press communiqués of advisory committees, Executive Directors and their voting power, and changes in the Executive Board's membership.