News

Romania -- Staff Report for the 2010 Article IV Consultation, Fourth Review Under the Stand-By Arrangement, and Requests for Modification and Waiver of Nonobservance of Performance Criteria

details

Romania: Letter of Intent, Supplementary Letter of Intent of June 29, 2010, and Technical Memorandum of Understanding

details

Bulgaria: Selected Issues, June 2, 2010

details

Bulgaria: 2010 Article IV Consultation, June 2,2010

details

Bulgaria-Article IV Consultation, Concluding Statement, March 1, 2010

details

Second and Third Reviews under the Stand-By Arrangement, Request Rephasing and Waiver of Nonobservance of Performance Criterion; Statement by the IMF Staff Representative; and Press Release on the Executive Board Discussion, February 23, 2010

details

IMF Survey Interview with Marek Belka, Director of the IMF's European Department

details

Romania: First Review Under the Stand-By Arrangement, October 8, 2009. Request for Waiver of Nonobservance of Performance Criterion and Request for Modification and Establishment of Performance Criteria

details

Regional Economic Outlook: Europe -- Securing Recovery

details

World Economic Outlook (WEO), October 2009

Sustaining the Recovery details

Global Financial Stability Report, September 2009

Navigating the Financial Challenges Ahead  details

Joint IMF-EC Press release on the Bank Coordination Initiative

details

Romania: Request for Stand-By Arrangement - Letter of Intent

details

Romania: Request for Stand-By Arrangement - Tehnical Memorandum of Understanding

details

Romania: Request for Stand-By Arrangement - Staff Report - Staff Supplements and Press Release on the Executive Board Discussion

details

Regional Economic Outlook - Europe: Addressing the Crisis

details

World Economic Outlook, April 2009

  Crisis and Recovery

World Economic Outlook - Update, November 2008

details

Regional Economic Outlook - Europe, October 2008

details

World Economic Outlook, October 2008

Financial Stress, Downturns, and Recoveries

Global Financial Stability Report Update

Over the last several months, financial markets have made significant adjustments and policymakers have carried out exceptional interventions. details

World Economic Outlook Update

details

Romania: 2008 Article IV Consultations - Staff Report

details

Romania: Selected Issues

details

IMF Executive Board Concludes 2008 Article IV Consultation with Romania

details

Regional Economic Outlook

Reassessing Risks details

World Economic Outlook, April 2008

Housing and the Business Cycle details

Global Financial Stability Report, April 2008

Containing Systemic Risks and Restoring Financial Soundness details

World Economic Oulook Update

Financial turbulence clouds growth prospects Details

IMF Executive Board Concludes 2007 Article IV Consultation with Bulgaria

On December 14, 2007, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Bulgaria. Details

Bulgaria: Country Report

Bulgaria: 2007 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Bulgaria Details

Bulgaria: Selected Issues

Details

Strauss-Kahn Seeks to Quickly Refocus IMF

Dominique Strauss-Kahn, who took over as Managing Director of the IMF in November, has initiated a process to swiftly overhaul the institution to make it more effective. Details

Regional Economic Outlook: Europe, Strengthening Financial Systems, November 15, 2007

Strong fundamentals should allow Europe to weather financial turbulence relatively well. Nonetheless, growth is set to ease in 2008 in nearly all countries.details

Development Committee Communiqué, Washington, DC, October 21, 2007

Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund Washington, DC, October 21, 2007 details

Communiqué of the International Monetary and Financial Committee of the Board of Governors of the International Monetary Fund

The International Monetary and Financial Committee held its sixteenth meeting in Washington, D.C. on October 20, 2007 under the Chairmanship of Mr. Tommaso Padoa-Schioppa, the Minister of Economy and Finance of Italy. The Committee welcomes Mr. Padoa-Schioppa, the new IMFC Chairman; it expresses its deep gratitude to Mr. Gordon Brown for his invaluable contributions to the work of the Committee and the Fund throughout the eight years of his Chairmanship of the Committee, and extends its best wishes. details

Communique of The Ministers and Governors of the Group of Ten, Washington D.C., 20 October 2007

The Finance Ministers and Central Bank Governors of the countries of the Group of Ten met in Washington D.C. on 20 October 2007. Fukushiro Nukaga, Minister of Finance of Japan and current Chairman of the Group of Ten, presided. Ministers and Governors took note of the progress report on Highly Leveraged Institutions from Mr. Mario Draghi, Chairman of the Financial Stability Forum (FSF). details

Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development

1. Ministers of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development held their seventy-eighth meeting in Washington D.C., on October 19, 2007. Mr. Miguel Peirano, Minister of Economy and Production of Argentina, was in the Chair, Mr. Jean-Claude Masangu Mulongo, Governor of the Central Bank of the Democratic Republic of Congo as First Vice-Chair, and Mr. Adib Mayaleh, Governor of the Central Bank of Syria as Second Vice-Chair. The meeting focused on the following issues that are most of concern to the Group at this time. details

World Economic Outlook

The World Economic Outlook (WEO) presents the IMF staff's analysis and projections of economic developments at the global level, details

Global Financial Stability Report

September 24, 2007 The Global Financial Stability Report provides semiannual assessments of global financial markets and addresses emerging market financing in a global context Download report

Development Committee Communiqué

1. We met today to review progress on actions, resources and policies needed to accelerate progress towards the Millennium Development Goals (MDGs), drawing on data and analysis in the fourth annual Global Monitoring Report (GMR). We also reviewed the World Bank Group's Africa Action Plan, and a report on the evolving Aid Architecture. details

Communiqué of the International Monetary and Financial Committee of the Board of Governors of the IMF

1. The International Monetary and Financial Committee held its fifteenth meeting in Washington, D.C. on April 14, 2007 under the Chairmanship of Mr. Gordon Brown, Chancellor of the Exchequer of the United Kingdom. details

Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development Communiqué

1. Ministers of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development held their seventy-seventh meeting in Washington, D.C., on April 13, 2007. Ms. Felisa Miceli, Minister of Economy and Production of Argentina, was in the Chair, with Mr. Mawakani Samba, Advisor to the Governor of the Central Bank of the Democratic Republic of Congo as First Vice-Chairman, and Mr. A. Shakour Shaalan, Executive Director at the IMF representing Syria as Second Vice-Chairman. details

Communiqué at the Conclusion of the High-Level Conference on Investment in Central America

San José, Costa Rica February 2, 2007 Senior policymakers and leaders of business associations from Central America and the Dominican Republic, major international investors, and senior representatives from international financial institutions took part in a High-Level Conference on Investment in Central America during the last two days in San José, Costa Rica. At the conclusion of this conference, participants issued the following statement: details

Development Committee Communiqué Singapore, September 18, 2006

1. We met today to discuss progress in implementing the development agenda for achieving the Millennium Development Goals (MDGs). We reviewed the World Bank's proposed governance and anticorruption strategy, and the priorities for its evolving engagement with middle-income countries. We also celebrated the 50th anniversary of the International Finance Corporation, which has contributed to fostering sustainable private sector development and promoting market development in developing countries. details

Communiqué of the International Monetary and Financial Committee of the Board of Governors of the International Monetary Fund, September 17, 2006

1. The International Monetary and Financial Committee held its fourteenth meeting in Singapore on September 17, 2006 under the Chairmanship of Mr. Gordon Brown, Chancellor of the Exchequer of the United Kingdom. The Committee expresses its gratitude to the Singapore authorities for the excellent arrangements. details

Communiqué of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development

I. Voice and Representation of Developing Countries details

Communiqué of the International Monetary and Financial Committee of the Board of Governors of the International Monetary Fund, April 22, 2006

1. The International Monetary and Financial Committee held its thirteenth meeting in Washington, D.C. on April 22, 2006 under the Chairmanship of Mr. Gordon Brown, Chancellor of the Exchequer of the United Kingdom. details

Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development CommuniquéApril 21, 2006

I. Global Economic Prospects details

Communiqué at the Conclusion of the Conference on Trade Facilitation in Algeria, Morocco, and Tunisia

A conference on trade facilitation in Algeria, Morocco, and Tunisia was held in Algiers on November 21-22, 2005. The participants included the Ministers of Finance of Algeria and Morocco, the Ministers of Trade from the three countries, the Secretary of State for Fiscal Affairs at the Tunisian Ministry of Finance, as well as the Governors of the Central Banks of Algeria, Morocco, and Tunisia. The Managing Director of the IMF participated in the conference. The conference was preceded by a two-day technical meeting of officials from the three countries and IMF staff. details

Communiqué of the Ministers and Governors of the Group of Ten, Washington DC, Annual Meetings 2005

Washington, D.C., September 25, 2005 details

Development Committee Communiqué, 2005 Annual Meetings

1. We met against the background of a series of major meetings in this "Year of Development," in particular the United Nations 2005 World Summit held in New York on September 14-16. These meetings, including the G8 Summit held in Gleneagles in July, have resulted in significant progress in building and deepening consensus on key elements of the development agenda. In our discussions we focused on implementation and priorities for action. details

Communiqué of the International Monetary and Financial Committee of the Board of Governors of the International Monetary Fund Washington, D.C. September 24, 2005

1. The International Monetary and Financial Committee held its twelfth meeting in Washington, D.C. on September 24, 2005 under the Chairmanship of Mr. Gordon Brown, Chancellor of the Exchequer of the United Kingdom. details

Communiqué of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development Communiqué September 23, 2005

Ministers of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development held their seventy-fourth meeting in Washington, D.C., on September 23, 2005, under the chairmanship of Mr. Paul Toungui, Minister of State and Minister of Economy, Finance, Budget and Privatization of Gabon. The meeting of the Ministers was preceded on September 22, 2005, by the eighty-sixth meeting of the Deputies of the Group of Twenty-Four, with Mr. Philibert Andzembe, National Director for Gabon, Bank of Central African States, as Chairman. details

Communiqué of the International Monetary and Financial Committee of the Board of Governors of the International Monetary Fund Washington, D.C. April 16, 2005

1. The International Monetary and Financial Committee held its eleventh meeting in Washington, D.C. on April 16, 2005 under the Chairmanship of Mr. Gordon Brown, Chancellor of the Exchequer of the United Kingdom. details

Communiqué of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development Communiqué April 15, 2005

I. Global Economic Prospects 1. Ministers welcome the continued global expansion, which is underpinned by generally supportive macroeconomic policies and benign financial conditions. They note that the expansion is driven mainly by strong growth in the United States, China, and most emerging market and developing countries. Ministers expect continued positive global growth in the near term, although they observe that its pace has moderated and that the balance of risks appears to be tilted to the downside. Key risks include the increasingly unbalanced nature of the global expansion, a tightening of financial market conditions, and a sharp increase and volatility in oil prices. Ministers also express concern about the widening global current account imbalances, which increases the risk of disruptive movements in the exchange rates of the major currencies and in interest rates. They value the stabilizing role that oil-exporting countries play in the oil market and underscore the importance of closer cooperation between importers and exporters to promote market stability. details

Communiqué of the Ministers and Governors of the Group of Ten

The Finance Ministers and Central Bank Governors of the countries of the Group of Ten met in Washington, D.C. on 3 October 2004. John W. Snow, Secretary of the Treasury of the United States and current Chairman of the Group of Ten, presided. Ministers and Governors took note of reports from Sir Andrew Large, Chairman of the Deputies of the Group of Ten, John Taylor, Chairman of Working Party No. 3 of the OECD, Malcolm Knight, General Manager of the BIS and Rodrigo de Rato, Managing Director of the IMF. details

Development Committee Communiqué October 2, 2004

1. As we celebrate the 60th anniversary of the Bretton Woods Institutions and approach the fifth anniversary of the U.N. Millennium Declaration, we recommit ourselves to supporting efforts by developing countries to pursue sustainable growth, sound macroeconomic policies, debt sustainability, open trade, job creation, poverty reduction and good governance. details

Communiqué of the International Monetary and Financial Committee (IMFC) of the Board of Governors of the International Monetary Fund, October 2, 2004

1. The International Monetary and Financial Committee held its tenth meeting in Washington, D.C. on October 2, 2004, under the Chairmanship of Mr. Gordon Brown, Chancellor of the Exchequer of the United Kingdom. The Committee welcomes Mr. Rodrigo de Rato as the new Managing Director, and looks forward to working closely with him on furthering the goals of global stability and prosperity. details

Communiqué of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development October 1, 2004

I. GLOBAL ECONOMIC PROSPECTS 1. Ministers welcome the continued strengthening in global growth prospects, but note that significant downside risks remain, including ongoing large payments imbalances, the move toward a higher interest rate environment, the volatility of oil prices exacerbated by downstream supply constraints, and serious geopolitical concerns. Moreover, while economic growth has become increasingly broad-based, some regions continue to lag behind. In particular, growth in sub-Saharan Africa, while improving over the recent period, remains at levels inconsistent with achieving sustained poverty reduction and reaching the Millennium Development Goals (MDGs). details

Development Committee Communiqué Washington DC, April 25, 2004

1. The strategies and decisions agreed in Doha, Monterrey and Johannesburg set out a framework for fighting poverty and achieving the internationally agreed goals of the Millennium Declaration, based on countries pursuing sound policies and good governance, combined with stronger international cooperation and support. We met today to assess progress based on the first Global Monitoring Report. We welcomed the report which provides a good basis for our yearly review. Building on this work, future reports should focus on the agenda of monitorable actions in the identified priority areas in order to reinforce accountabilities and enhance cooperation amongst all development partners. details

Communiqué of the International Monetary and Financial Committee of the Board of Governors of the International Monetary Fund April 24, 2004

1. The International Monetary and Financial Committee held its ninth meeting in Washington, D.C. on April 24, 2004 under the Chairmanship of Mr. Gordon Brown, Chancellor of the Exchequer of the United Kingdom. details

Communiqué of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development April 23, 2004

I. GLOBAL ECONOMIC PROSPECTS 1. Ministers welcome the strengthening in global growth prospects, but note that the recovery faces some significant downside risks, such as massive payments imbalances, an impending transition to a higher interest rate environment, and persistent geopolitical concerns. They note that while economic activity has strengthened in several regions, the gains have been unevenly spread, with growth in sub-Saharan Africa in particular falling well short of the requirement for achieving sustained poverty reduction and reaching the Millennium Development Goals (MDGs). details

Development Committee - Communiqué September 22, 2003

Dubai, United Arab Emirates September 22, 2003 1. At our last meeting, we strongly reaffirmed our commitment to achieve the Millennium Development Goals (MDGs) set out in the U.N. Millennium Declaration, endorsed by Heads of State and Governments in the U.N. General Assembly on September 8, 2000 and in particular our commitment to the global effort needed to reduce poverty. Today we renewed that commitment and continued our work on implementing the strategies, partnerships and actions agreed in Doha, Monterrey and Johannesburg. details

Communiqué of the International Monetary and Financial Committee of the Board of Governors of the International Monetary Fund Dubai, September 21, 2003

1. The International Monetary and Financial Committee held its eighth meeting in Dubai on September 21, 2003, under the Chairmanship of Mr. Gordon Brown, Chancellor of the Exchequer of the United Kingdom. The Committee expresses its gratitude to the Dubai authorities and the government of the United Arab Emirates for the excellent arrangements. details

Communiqué of the Ministers and Governors of the Group of Ten, September 21, 2003

The Finance Ministers and Central Bank Governors of the countries of the Group of Ten met in Dubai, United Arab Emirates, on 21 September 2003. Mr. John Manley, Deputy Prime Minister and Minister of Finance of Canada and current Chairman of the Group of Ten, chaired the meeting. Ministers and Governors took note of reports from Sir Andrew Large, Chairman of the Deputies of the Group of Ten, Mr John Taylor, Chairman of Working Party No. 3 of the OECD, and Mr. Malcolm Knight, General Manager of the BIS. details

Communiqué of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development September 20, 2003

I. GLOBAL ECONOMIC PROSPECTS details

Development Committee - Communiqué

Washington, D.C. April 13, 2003 details

Communiqué of the International Monetary and Financial Committee of the Board of Governors of the International Monetary Fund Washington, D.C. April 12, 2003

1. The International Monetary and Financial Committee held its seventh meeting in Washington, D.C. on April 12, 2003, under the Chairmanship of Mr. Gordon Brown, Chancellor of the Exchequer of the United Kingdom. details

Intergovernmental Group of Twenty-Four Communiqué

Communiqué April 11, 2003 details

Communiqué - Development Committee

Washington D.C. September 28, 2002 details

Communiqué of the International Monetary and Financial Committee of the Board of Governors of the International Monetary Fund Washington D.C. September 28, 2002

1. The International Monetary and Financial Committee held its sixth meeting in Washington, D.C. on September 28, 2002, under the Chairmanship of Mr. Gordon Brown, Chancellor of the Exchequer of the United Kingdom. details

Communiqué - Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development

Ministers of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development held their sixty-eighth meeting in Washington, D.C., on September 27, 2002. Mr. Mallam Adamu Ciroma, Minister of Finance, Nigeria was in the chair, with Mr. Fuad Siniora, Minister of Finance, Lebanon as First Vice-Chairman, and Mr. Ewart Williams, Governor of the Central Bank of Trinidad and Tobago as Second Vice-Chairman. details

Communiqué of the Ministers and Governors of the Group of Ten Washington D.C., 27 September 2002

The Finance Ministers and Central Bank Governors of the countries of the Group of Ten met in Washington D.C. on 27 September 2002. Mr. Didier Reynders, the Minister of Finance of Belgium and the current Chairman of the Group of Ten chaired the meeting. Ministers and Governors took note of reports from Mr. Henk Brouwer, Chairman of the Deputies of the Group of Ten, Mr. Mervyn King, Chairman of WP3 of the OECD, and Mr. Andrew Crockett, General Manager of the BIS. details

Joint Note on the Doha Development Agenda

The Doha and Monterrey declarations have been landmarks in the fight against poverty. A central message is that aid and trade must go hand in hand if the opportunities of globalization are to spread to the most needy-the one billion and more of humankind living in absolute poverty. Ensuring that poor people have every possible chance to participate in trade, and directing our assistance to enable them to do so, is not only morally right it also makes economic sense. details

Communiqué oWashington D.C., 21 April 2002f the Ministers and Governors of the Group of Ten

The Finance Ministers and Central Bank Governors of the countries of the Group of Ten met in Washington D.C. on 21 April 2002. The meeting was chaired by Mr. Didier Reynders, the Minister of Finance of Belgium and the current Chairman of the Group of Ten. Ministers and Governors took note of reports from Mr. Henk Brouwer, Chairman of the Deputies of the Group of Ten, Mr. Mervyn King, Chairman of WP3 of the OECD, and Mr. Andrew Crockett, General Manager of the BIS. details

Communiqué - Development Committee April 21, 2002

1. We met today to discuss future challenges for development and an action plan for universal primary education. details

Communiqué of the International Monetary and Financial Committee of the Board of Governors of the International Monetary Fund Washington, D.C. April 20, 2002

1. The International Monetary and Financial Committee held its fifth meeting in Washington, D.C. on April 20, 2002, under the Chairmanship of Mr. Gordon Brown, Chancellor of the Exchequer of the United Kingdom. details

Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development - Communiqué

Ministers of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development held their sixty-seventh meeting in Washington, D.C., on April 19, 2002. Mr. Mallam Adamu Ciroma, Minister of Finance, Ministry of Finance, Nigeria was in the chair, with Mr. Alain Bifani, Director General, Ministry of Finance, Lebanon as First Vice-Chairman, and Senator Conrad Enill, Minister in the Ministry of Finance, Trinidad and Tobago as Second Vice-Chairman. details

Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries

Ottawa, November 18, 2001 details

Communiqué of the International Monetary and Financial Committee of the Board of Governors of the International Monetary Fund November 17, 2001

1. Recognizing the need for a determined and cooperative policy response to the challenges facing the world economy, the International Monetary and Financial Committee held its fourth meeting in Ottawa on November 17, 2001, under the Chairmanship of Mr. Gordon Brown, Chancellor of the Exchequer of the United Kingdom. The Committee expresses its gratitude to Finance Minister Paul Martin and the Canadian government for hosting this meeting and for the excellent arrangements. details

Intergovernmental Group Of Twenty-Four On International Monetary Affairs and Development - Communiqué November 14, 2001

Ministers of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development held their sixty-sixth meeting in Paris, France, on November 14, 2001. Sen. Jubril Martins-Kuye, Minister of State for Finance, Nigeria was the Chairman, with Mr. Alain Bifani of Lebanon as First Vice-Chairman, and Ms. Sheelagh de Osuna of Trinidad and Tobago as Second Vice-Chairman. details

Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries Washington, April 30, 2001

1. The 63rd meeting of the Development Committee was held in Washington, D.C., on April 30, 2001 under the chairmanship of Mr. Yashwant Sinha, Minister of Finance of India. The Committee also met on April 29, 2001 in joint session with the International Monetary and Financial Committee to focus on strengthened cooperation to foster growth and fight poverty in the world's poorest countries. Mr. James Wolfensohn, President of the World Bank; Mr. Horst Köhler, Managing Director of the International Monetary Fund, and Mr. Joseph O. Sanusi, Chairman of the Group of Twenty-four, addressed the plenary session. Observers from a number of international and regional organizations also attended. details

Communiqué -- Joint Session - IMFC and Development Committee

1. The Members of the Development Committee and the International Monetary and Financial Committee (IMFC) met jointly on April 29, 2001, to review ongoing efforts by the World Bank and the International Monetary Fund (IMF) to strengthen growth and fight poverty. We renew our commitment to address these issues and to assist countries in their efforts to achieve the International Development Goals. This special meeting symbolizes our full support for the strengthened cooperation between the Bank and the IMF, which is reflected as well by many other items on the separate agendas of the IMFC and Development Committee. In this meeting we focused our attention on progress in strengthening this partnership in fighting poverty and strengthening growth in the world's poorest countries. details

Communiqué of the International Monetary and Financial Committee of the Board of Governors of the International Monetary Fund April 29, 2001

1. The International Monetary and Financial Committee held its third meeting in Washington, D.C. on April 29, 2001, under the Chairmanship of Mr. Gordon Brown, Chancellor of the Exchequer of the United Kingdom. details

Communiqué of the Ministers and Governors of the Group of Ten April 29, 2001

The Finance Ministers and Central Bank Governors of the countries of the Group of Ten met in Washington D. C. on 29 April 2001. The meeting was chaired by Mr. Hans Eichel, the Minister of Finance of Germany and current Chairman of the Group of Ten. Ministers and Governors took note of reports from Mr. Henk Brouwer, Chairman of the Deputies of the Group of Ten, Mr. Mario Draghi, Chairman of WP3 of the OECD, and Mr. Andrew Crockett, General Manager of the BIS. details

Intergovernmental Group Of Twenty-Four On International Monetary Affairs - Communiqué

Ministers of the Intergovernmental Group of Twenty-Four on International Monetary Affairs held their sixty-fifth meeting in Washington, D.C., on April 28, 2001. Mr. Joseph Sanusi, Governor of the Central Bank of Nigeria was the Chairman, with Mr. Alain Bifani of Lebanon as First Vice-Chairman, and Senator Gerald Yetming of Trinidad and Tobago as Second Vice-Chairman. details

Joint Ministerial Committee

Prague, September 25, 2000 details

COMMUNIQUÉ OF THE MINISTERS AND GOVERNORS OF THE GROUP OF TEN

Prague September 24, 2000 details

Communiqué of the Joint Session--IMFC and Development Committee on HIPC and PRSP Implementation

1. Ministers of the Development Committee and the International Monetary and Financial Committee met jointly on September 24, 2000 to review progress on the enhanced Initiative for the Heavily Indebted Poor Countries (HIPC) and the Poverty Reduction Strategy Paper (PRSP) process. The joint meeting symbolizes the close cooperation and high political commitment of all countries and institutions to achieving a virtuous circle of debt relief, poverty reduction and economic growth for the poorest countries of the world. details

CORRECTED Communiqué of the International Monetary and Financial Committee of the Board of Governors of the International Monetary Fund

1. The International Monetary and Financial Committee held its second meeting in Prague on September 24, 2000, under the Chairmanship of Mr. Gordon Brown, Chancellor of the Exchequér of the United Kingdom. It welcomes Mr. Horst Köhler as the new Managing Director and looks forward to working with him on the continuing reform of the Fund and the strengthening of the international financial architecture. details

INTERGOVERNMENTAL GROUP OF TWENTY-FOUR ON INTERNATIONAL MONETARY AFFAIRS

Ministers of the Intergovernmental Group of Twenty-Four on International Monetary Affairs held their sixty-fourth meeting in Prague, Czech Republic, on September 23, 2000. Mr. Carlos Saito, Special Adviser to the President of the Central Bank of Reserve of Peru, was in the chair with Joseph Sanusi of Nigeria as First Vice-Chairman, and Mr. Georges Corm of Lebanon as Second Vice-Chairman. details

Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing CountriesWashington, D.C. April 17, 2000

1. The 61st meeting of the Development Committee was held in Washington, D.C., on April 17, 2000 under the chairmanship of Mr. Tarrin Nimmanahaeminda, Minister of Finance of Thailand. details

Communiqué of the International Monetary and Financial Committee of the Board of Governors of the International Monetary Fund April 16, 2000

1.  The International Monetary and Financial Committee held its inaugural meeting in Washington, D.C. on April 16, 2000, under the Chairmanship of Mr. Gordon Brown, Chancellor of the Exchequér of the United Kingdom. details

INTERGOVERNMENTAL GROUP OF TWENTY-FOUR ON INTERNATIONAL MONETARY AFFAIRS COMMUNIQUÉ

Ministers of the Intergovernmental Group of Twenty-Four on International Monetary Affairs held their sixty-third meeting in Washington, D.C., on April 15, 2000. Mr. Germán Suárez, President of the Central Bank of Reserve of Peru was in the chair, with Mr. Ernest C. Ebi as First Vice-Chairman, and Dr. Habib Abu Sakr of Lebanon as Second Vice-Chairman. details

Communiqué of the Development Committee

Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries Washington, D.C. September 27, 1999 details

Communiqué of the Interim Committee of the Board of Governors of the International Monetary Fund

1. The Interim Committee held its fifty-third meeting in Washington, D.C. on September 26, 1999, under the Chairmanship of Mr. Gordon Brown, Chancellor of the Exchequér of the United Kingdom. The Committee expresses its appreciation to the outgoing Chairman, Mr. Carlo Azeglio Ciampi, formerly Minister of the Treasury of Italy and currently President of Italy, for his invaluable contribution to the Committee's work. details

COMMUNIQUÉ OF THE MINISTERS AND GOVERNORS OF THE GROUP OF TEN Washington September 26, 1999

The Finance Ministers and Central Bank Governors of the countries of the Group of Ten met in Washington on 26 September 1999. The meeting was chaired by Mr. Bosse Ringholm, the Minister of Finance from Sweden. Ministers and Governors took note of reports from Mr. Henk Brouwer, Chairman of the Deputies of the Group of Ten; Mr. Michel Camdessus, Managing Director of the IMF; Mr. Jean-Jacqués Rey, Acting Chairman of WP3 of the OECD; and Mr. Andrew Crockett, General Manager of the BIS. details

Joint Meeting of the Interim and Development Committees - Joint Statement by the Co-Chairmen

JOINT STATEMENT BY CO-CHAIRMEN Heavily Indebted Poor Countries Initiative (HIPC) and Enhanced Poverty Focus of IDA and IMF Concessional Programs SUNDAY, SEPTEMBER 26, 1999 details

INTERGOVERNMENTAL GROUP OF TWENTY-FOUR

Ministers of the Intergovernmental Group of Twenty-Four on International Monetary Affairs held their sixty-second meeting in Washington, D.C., on September 25, 1999. Her Excellency Mrs. Chandrika Bandaranaike Kumaratunga, President and Finance Minister for Sri Lanka was in the chair, with Mr. Germán Suárez of Peru as First Vice-Chairman, and Mr. J.O. Sanusi, Governor of the Central Bank of Nigeria as Second Vice-Chairman. details

Communiqué of the Development Committee April 28, 1999

1. The 59th meeting of the Development Committee was held in Washington, D.C., on April 28, 1999 under the chairmanship of Mr. Tarrin Nimmanahaeminda, Minister of Finance of Thailand.1 details

Communiqué of the Interim Committee of the Board of Governors of the International Monetary Fund April 27, 1999

1. The Interim Committee held its fifty-second meeting in Washington D.C. on April 27, 1999 under the Chairmanship of Mr. Carlo Azeglio Ciampi, Minister of the Treasury of Italy. details

COMMUNIQUÉ OF THE MINISTERS AND GOVERNORS OF THE GROUP OF TEN Washington, D.C. April 27, 1999

The Finance Ministers and Central Bank Governors of the countries of the Group of Ten met in Washington on 27th April 1999. The meeting was chaired by Mr. Kaspar Villiger, the Minister of Finance from Switzerland, on behalf of Mr. Bosse Ringholm, the newly appointed Minister of Finance from Sweden and current Chairman of the Ministers and Governors. Ministers and Governors took note of reports from Mr. Henk Brouwer, Chairman of the Deputies of the Group of Ten; Mr. Michel Camdessus, Managing Director of the IMF; Mr. Lawrence Summers, Chairman of WP3 of the OECD; and Mr. Andrew Crockett, General Manager of the BIS. details

INTERGOVERNMENTAL GROUP OF TWENTY-FOUR ON INTERNATIONAL MONETARY AFFAIRS Washington, D.C. April 26, 1999

Ministers of the Intergovernmental Group of Twenty-Four on International Monetary Affairs held their sixty-first meeting in Washington, D.C., on April 26, 1999. Mr. G.L. Peiris, Minister for Justice and Constitutional and Ethnic Affairs and Deputy Minister of Finance of Sri Lanka was in the chair, with Mr. Germán Suárez of Peru as First Vice-Chairman, and Mr. Mallam Ismaila Usman of Nigeria as Second Vice-Chairman. details

Communiqué of the Development Committee October 5, 1998

1. The 58th meeting of the Development Committee was held in Washington, D.C. on October 5, 1998 under the chairmanship of Mr. Tarrin Nimmanahaeminda, Minister of Finance of Thailand.1 details

Communiqué of the Interim Committee of the Board of Governors of the International Monetary Fund Washington, D.C. October 4, 1998

1. The Interim Committee held its fifty-first meeting in Washington, D.C. on October 4, 1998 under the Chairmanship of Mr. Carlo Azeglio Ciampi, Minister of the Treasury of Italy. The Committee expressed its appreciation to the outgoing Chairman, Mr. Philippe Maystadt, former Deputy Prime Minister and Minister of Finance and Foreign Trade of Belgium, for his invaluable contribution to the Committee's work. details

Intergovernmental Group of Twenty-Four on International Monetary Affairs - Communiqué Washington, D.C. October 3, 1998

Ministers of the Intergovernmental Group of Twenty-Four on International Monetary Affairs held their sixtieth meeting in Washington, D.C., on October 3, 1998. Mr. Abdelkrim Harchaoui, Minister of Finance of Algeria was in the chair, with Mr. G.L. Peiris of Sri Lanka as First Vice-Chairman, and Mr. Germán Suárez of Peru as Second Vice-Chairman. details

Communiqué of the Meeting of Economic Policy Makers in the Western Hemisphere Region

1. Building upon earlier meetings of hemispheric Ministers of Finance and the Interim Committee's call to strengthen regional surveillance, and in response to the recent turbulence in international financial markets, Fund management convened a regional surveillance meeting of finance ministers and central bank governors of the countries in the Western Hemisphere with greatest interaction with international financial markets (namely, Argentina, Brazil, Canada, Chile, Colombia, Ecuador, Mexico, Peru, United States, Uruguay, and Venezuela). The IBRD and the IDB also attended the meeting. details

Communiqué of the Interim Committee of the Board of Governors of the International Monetary Fund, IMF

1. The Interim Committee held its fiftieth meeting in Washington, D.C. on April 16, 1998 under the Chairmanship of Mr. Philippe Maystadt, Deputy Prime Minister and Minister of Finance and Foreign Trade of Belgium. details

FINAL COMMUNIQUÉ OF THE MINISTERS AND GOVERNORS OF THE GROUP OF TEN

Washington D.C. April 16, 1998 details

INTERGOVERNMENTAL GROUP OF TWENTY-FOUR ON INTERNATIONAL MONETARY AFFAIRS April 15, 1998

Ministers of the Intergovernmental Group of Twenty-Four on International Monetary Affairs held their fifty-ninth meeting in Washington, D.C., on April 15, 1998. Mr. Abdelkrim Harchaoui, Minister of Finance of Algeria was in the chair, with Mr. G.L. Peiris of Sri Lanka as First Vice-Chairman, and Mr. Germán Suárez of Peru as Second Vice-Chairman. details

Joint Communiqué of the Chairman of the Russian Federation and the Managing Director of the International Monetary Fund

The Managing Director of the International Monetary Fund, Michel Camdessus, visited Moscow on February 17-19, 1998 at the invitation of the Chairman of the Government of the Russian Federation, Viktor S. Chernomyrdin, to discuss the economic policy program for 1998 pursued by the Government and the Central Bank of the Russian Federation in the context of the medium-term economic strategy supported by the IMF's Extended Fund Facility (EFF) covering 1996-98. The Prime Minister and the Managing Director share a common assessment of the situation, of the strategy, and the policies needed to bring the program to a full success given the prevailing challenges in the international financial environment. details

Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries Hong Kong

1. The 56th meeting of the Development Committee was held in Hong Kong, China, on September 22, 1997 under the chairmanship of Mr. Driss Jettou, Minister of Finance, Commerce, Industry and Handicrafts of Morocco. details

Communiqué of the Ministers and Governors of the Group of Ten Hong Kong

1. The Finance Ministers and Central Bank Governors of the countries of the Group of Ten met in Hong Kong on 21st September 1997, under the Chairmanship of Mr. Gerrit Zalm, Finance Minister of the Netherlands. They took note of reports from Mr. Mario Draghi, Chairman of the Deputies of the Group of Ten, Mr. Michel Camdessus, Managing Director of the IMF, Mr. Lawrence Summers, Chairman of Working Party 3 of the OECD, and Mr. Andrew Crockett, General Manager of the BIS. details

Communiqué of the Interim Committee of the Board of Governors of the International Monetary Fund Hong Kong

The Interim Committee held its forty-ninth meeting in Hong Kong, China on September 21, 1997 under the Chairmanship of Mr. Philippe Maystadt, Deputy Prime Minister and Minister of Finance and Foreign Trade of Belgium. details

Intergovernmental Group of Twenty-Four on International Monetary Affairs Hong Kong

Ministers of the Intergovernmental Group of Twenty-Four on International Monetary Affairs held their fifty-seventh meeting in Hong Kong, China, on September 20, 1997. details

Communiqué of the Interim Committee of the Board of Governors of the International Monetary Fund Washington, D.C.

The Interim Committee held its forty-eighth meeting in Washington, D.C. on April 28, 1997 under the Chairmanship of Mr. Philippe Maystadt, Deputy Prime Minister and Minister of Finance and Foreign Trade of Belgium. details

Communique of the Ministers and Governors

Washington, D.C. April 28, 1997 details

Intergovernmental Group of Twenty-Four on International Monetary Affairs Communiqué

Washington, D.C. April 27, 1997 details

Scrisoare de Intentie catre dl. Strauss-Kahn

Romania: Request for Stand-By Arrangement - Staff Report; Letter of Intent, Memorandum Tehnic of Understanding, Staff Supplements; and Press Release on the Executive Board Discussion

details