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International Monetary Fund

resolves that the terms and conditions upon which the Republic of Montenegro shall be admitted to membership in the Fund shall be as follows: 1. Definitions: As used in this Resolution: (a) The term “Fund” means the International Monetary Fund; (b) The term “Articles” means the Articles of Agreement of the Fund, as amended; and (c) The term “SDRs” means Special Drawing Rights of the Fund. 2. Quota: The quota of the Republic of Montenegro shall be SDR 27.5 million. 3. Payment of Subscription: The subscription of the Republic of Montenegro

International Monetary Fund

Abstract

The speeches made by officials attending the IMF–World Bank Annual Meetings are published in this volume, along with the press communiqués issued by the International Monetary and Financial Committee and the Development Committee at the conclusion of the meetings.

International Monetary Fund

Abstract

Mr. Chairman, Governors, and Distinguished Guests: I am pleased to welcome you to our Annual Meetings. I would like to express my special appreciation to our Chairman, Karim Djoudi, for these meetings and to Augustón Carstens, for his leadership of the Development Committee, as well as for his fine counsel as I assumed this new post.

International Monetary Fund

Abstract

Mr. Chairman, Governors, honored guests, it is a pleasure to welcome you to these meetings on behalf of the International Monetary Fund. I would also like to extend a special welcome to my friend and colleague Bob Zoellick, and to thank him for his inspiring speech. Bob’s words make it clear that the Fund and the Bank are united by a common purpose—to serve the interests of the people of our member countries—and also a common commitment to reform. Welcome Bob.