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International Monetary Fund: Observations on the IMF's Financial Operations

机译:国际货币基金组织:对国际货币基金组织财务运作的观察

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The International Monetary Fund was established to promote international monetary211u001ecooperation, facilitate international trade by promoting exchange stability and 211u001eorderly exchange arrangements and assist in eliminating foreign exchange 211u001erestrictions. To facilitate congressional oversight of U.S. policy concerning the 211u001eFund, the Omnibus Appropriations Act for fiscal year 1999 required us to report 211u001eon several matters, including the financial operations of the Fund during its 211u001ecurrent financial year ending April 30, 1999, and historical information on its 211u001elending activities. This report describes (1) the International Monetary Fund's 211u001eliquidity position as of April 30, 1999, including its experience with borrowed 211u001eresources to meet its members' financing needs; (2) the role of gold holdings in 211u001ethe Fund's operations; and (3) the Fund's process for determining the amount of 211u001equota contributions required from its members. The report also includes 211u001einformation on how the International Monetary Fund's lending activities have 211u001eevolved since it was founded in 1945 and discusses the status of preparedness of 211u001ethe Fund's mission-critical and other key computer systems and member country 211u001estatus for the year 2000.

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