Search Results

You are looking at 1 - 10 of 114 items for :

  • "specialized responsibility" x
Clear All
International Monetary Fund

The Fund shall cooperate within the terms of this Agreement with any general international organization and with public international organizations having specialized responsibilities in related fields. Any arrangements for such cooperation which would involve a modification of any provision of this Agreement may be effected only after amendment to this Agreement under Article XXVIII .

International Monetary Fund

The Fund shall cooperate within the terms of this Agreement with any general international organization and with public international organizations having specialized responsibilities in related fields. Any arrangements for such cooperation which would involve a modification of any provision of this Agreement may be effected only after amendment to this Agreement under Article XXVIII .

International Monetary Fund

The Fund shall cooperate within the terms of this Agreement with any general international organization and with public international organizations having specialized responsibilities in related fields. Any arrangements for such cooperation which would involve a modification of any provision of this Agreement may be effected only after amendment to this Agreement under Article XXVIII.

International Monetary Fund

The Fund shall cooperate within the terms of this Agreement with any general international organization and with public international organizations having specialized responsibilities in related fields. Any arrangements for such cooperation which would involve a modification of any provision of this Agreement may be effected only after amendment to this Agreement under Article XXVIII .

International Monetary Fund

The Fund shall cooperate within the terms of this Agreement with any general international organization and with public international organizations having specialized responsibilities in related fields. Any arrangements for such cooperation which would involve a modification of any provision of this Agreement may be effected only after amendment to this Agreement under Article XXVIII.

International Monetary Fund. Secretary's Department

having specialized responsibilities in related fields.” Composition H. Aldabe Argentina H. Apel Germany A. Benslimane Morocco Y. B. Chavan India E. Colombo Italy F. D. Crean Australia W. De Clercq Belgium W. F. Duisenberg Netherlands F. El-Kaissi Iraq J.-P. Fourcade France D. Healey United Kingdom P. Kleppe Norway A. Lafée Venezuela M. Ohira Japan Sambwa Pida Nbagui Zaïre S. Shagari Nigeria W. E. Simon United States

International Monetary Fund

Board of Governors may seek the advice of the Committee. In performing its duties, the Committee shall take account of the work of other bodies having specialized responsibilities in related fields. 4. Procedures ( a ) The Committee shall meet ordinarily three or four times a year. The Chairman may call meetings after consulting the members of the Committee, and shall consult the members of the Committee on calling a meeting if so requested by any member of the Committee. ( b ) A quorum for any meeting of the Committee shall be two thirds of the members

Parmeshwar Ramlogan and Mr. Bernhard Fritz-Krockow

progress under the WTO’s Doha round of trade talks (TIM is discussed in Chapter 5 ). The collaboration of the IMF and the WTO was formalized in an agreement shortly after the creation of the WTO in 1996. 129 Article X of the IMF’s Articles of Agreement calls for the IMF to cooperate with any general international organization and with public international organizations having specialized responsibility in related fields, while Article III.5 of the Marrakesh Agreement Establishing the World Trade Organization specifically calls for the WTO to cooperate with the

International Monetary Fund. Strategy, Policy, &, Review Department, International Monetary Fund. Legal Dept., and International Monetary Fund. Secretary's Department

operational interest, confidentiality, and reciprocity. The framework also considers the type of engagement with RFAs, as it determines the timing and type of documents that would be shared with RFAs. A. Criteria for Document Exchange 13. Staff propose that RFAs would need to meet the following criteria to be eligible for document exchange, in the absence of an objection by the Executive Director of the member country concerned : (i) Commonality of operational interest : The financing mechanism has specialized responsibilities within the Fund’s field of interest

International Monetary Fund
history of exchanging documents with other international organizations and currency unions. The practice of exchanging documents with individual organizations dates back to the 1940s, mostly conducted through bilateral arrangements with other international organizations and currency unions. In 1990, the Fund introduced a framework (the “Transmittal Policy”) for the transmittal of certain Board documents (relating to Article IV consultations, use of Fund resources and, later, technical assistance). The Transmittal Policy has served the institution well, but some gaps have emerged over time. Many of the current bilateral document sharing arrangements were adopted in response to individual organizations’ requests, thus document sharing arrangements have not always been applied uniformly to similar organizations or kept pace with the mandates and needs of the organizations. This has resulted in similar organizations having uneven access to Fund documents. Moreover, the Fund’s Transparency Policy has also evolved and prompt publication of most Board documents is now the norm. The proposals set forth in this paper seek to ensure a consolidated, evenhanded approach to the transmittal of Fund documents to international organizations and currency unions. In particular, this paper proposes several changes that would allow international organizations and currency unions to receive a wider range of documents. This paper also presents a proposal responding to requests by Executive Directors of European Union (EU) countries to expand access to documents and information prior to Board consideration for the European Commission (EC). Staff proposes that access be granted uniformly to the EC and other executive bodies of currency unions that have executive decision-making power over the common economic and monetary policies of currency unions. There is also an interest in more expanded sharing of Fund documents with regional financing arrangements (RFAs) in view of their importance in the Global Financial Safety Net. However, given the unique structure of RFAs and the need to develop a policy framework suited for the needs of both the Fund and RFAs, a proposal for such sharing will be put forward in a separate paper for consideration by the Board.