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International Monetary Fund. Legal Dept.

(a), and that, after consultation, he has ascertained that there is broad support among participants for the proposal; and WHEREAS the Executive Board, in accordance with Article XVIII, Section 4(a), has concurred in the proposal of the Managing Director; NOW, THEREFORE, the Board of Governors, being satisfied that the proposal of the Managing Director meets the principles governing the allocation of special drawing rights set forth in Article XVIII, Section 1(a), hereby resolves that: 1. The Fund shall make an allocation of special drawing rights to

International Monetary Fund. Legal Dept.

(a), and that, after consultation, he has ascertained that there is broad support among participants for the proposal; and WHEREAS the Executive Board, in accordance with Article XVIII, Section 4(a), has concurred in the proposal of the Managing Director; NOW, THEREFORE, the Board of Governors, being satisfied that the proposal of the Managing Director meets the principles governing the allocation of special drawing rights set forth in Article XVIII, Section 1(a), hereby resolves that: 1. The Fund shall make an allocation of special drawing rights to

International Monetary Fund

proposal; W hereas the Managing Director, on the occasion of this proposal for the first allocation, has satisfied himself that the provisions of Article XXIV, Section 1( b ), have been met and that there is broad support among participants to begin allocations; and W hereas the Executive Directors have concurred in the proposal of the Managing Director; N ow, therefore , the Board of Governors, being satisfied that the proposal of the Managing Director meets the principles and considerations governing the allocation of special drawing rights set forth in Article

International Monetary Fund

proposal; W hereas the Managing Director, on the occasion of this proposal for the first allocation, has satisfied himself that the provisions of Article XXIV, Section 1 (b) , have been met and that there is broad support among participants to begin allocations; and W hereas the Executive Directors have concurred in the proposal of the Managing Director; N ow, therefore , the Board of Governors, being satisfied that the proposal of the Managing Director meets the principles and considerations governing the allocation of special drawing rights set forth in Article

International Monetary Fund

proposal; W hereas the Managing Director, on the occasion of this proposal for the first allocation, has satisfied himself that the provisions of Article XXIV, Section 1( b ), have been met and that there is broad support among participants to begin allocations; and W hereas the Executive Directors have concurred in the proposal of the Managing Director; N ow, therefore , the Board of Governors, being satisfied that the proposal of the Managing Director meets the principles and considerations governing the allocation of special drawing rights set forth in Article

International Monetary Fund

; WHEREAS the Managing Director, on the occasion of this proposal for the first allocation, has satisfied himself that the provisions of Article XXIV, Section 1(b) , have been met and that there is broad support among participants to begin allocations; and WHEREAS the Executive Directors have concurred in the proposal of the Managing Director; NOW, THEREFORE, the Board of Governors, being satisfied that the proposal of the Managing Director meets the principles and considerations governing the allocation of special drawing rights set forth in Article XXIV, Section 1

International Monetary Fund

proposal; W hereas the Managing Director, on the occasion of this proposal for the first allocation, has satisfied himself that the provisions of Article XXIV, * Section 1( b ), have been met and that there is broad support among participants to begin allocations; and W hereas the Executive Directors have concurred in the proposal of the Managing Director; N ow, therefore , the Board of Governors, being satisfied that the proposal of the Managing Director meets the principles and considerations governing the allocation of special drawing rights set forth in

International Monetary Fund

proposal; W hereas the Managing Director, on the occasion of this proposal for the first allocation, has satisfied himself that the provisions of Article XXIV, Section 1( b ), have been met and that there is broad support among participants to begin allocations; and W hereas the Executive Directors have concurred in the proposal of the Managing Director; N ow, therefore , the Board of Governors, being satisfied that the proposal of the Managing Director meets the principles and considerations governing the allocation of special drawing rights set forth in Article