Annual Report of the Executive Board for the Financial Year Ended April 30, 2013
Related PINs, Press Releases, and Other Documents
Chapter 1. Overview
- Board Calendar
- Statements by the Managing Director on the Work Program of the Executive Board:
- May 2012: May 2012
- November 2012: November 2012
Chapter 2. Global Economic and Financial Developments
- Fiscal Monitor, Global Financial Stability Report and World Economic Outlook : Summings Up of Executive Board discussions
Chapter 3. Adapting to a Rapidly Changing World
Monitoring Global Interconnections
- 2012 Spillover Report
- Managing Director’s Statement on Strengthening Surveillance
- Pilot External Sector Report
Policy Advice
- IMF Executive Board Adopts New Decision on Bilateral and Multilateral Surveillance, Public Information Notice (PIN) No. 12/89: www.imf.org/external/np/sec/pn/2012/pn1289.htm
- Statement by IMF Managing Director Christine Lagarde on Strengthening IMF Surveillance, Press Release (PR) No. 12/262: www.imf.org/external/np/sec/pr/2012/pr12262.htm
- IMF Executive Board Reviews Progress Implementing the Priorities of the 2011 Triennial Surveillance Review, PIN No. 12/139: www.imf.org/external/np/sec/pn/2012/pn12139.htm
- IMF Executive Board Reviews Progress in Members’ Provision of Data to the Fund for Surveillance Purposes, PIN No. 12/125: www.imf.org/external/np/sec/pn/2012/pn12125.htm
- IMF Sets Out a Strategy for Financial Sector Surveillance, PIN No. 12/111: www.imf.org/external/np/sec/pn/2012/pn12111.htm
- Statement by IMF First Deputy Managing Director David Lipton on the IMF’s Financial Surveillance Strategy, PR No. 12/356: www.imf.org/external/np/sec/pr/2012/pr12356.htm
- Guidance Note for Surveillance under Article IV Consultations: www.imf.org/external/np/pp/eng/2012/101012.pdf
- Fiscal Transparency, Accountability, and Risk: www.imf.org/external/np/pp/eng/2012/080712.pdf
- Macroeconomic Policy Frameworks for Resource-Rich Developing Countries: www.imf.org/external/np/pp/eng/2012/082412.pdf
- Fiscal Regimes for Extractive Industries: Design and Implementation: www.imf.org/external/np/pp/eng/2012/081512.pdf
- Energy Subsidy Reform: Lessons and Implications:
www.imf.org/external/np/pp/eng/2013/012813.pdf
- IMF Calls for Global Reform of Energy Subsidies: Sees Major Gains for Economic Growth and the Environment, PR No. 13/93: www.imf.org/external/np/sec/pr/2013/pr1393.htm
- IMF Executive Board Discusses the Liberalization and Management of Capital Flows—An Institutional View, PIN No. 12/137: www.imf.org/external/np/sec/pn/2012/pn12137.htm
- Guidance Note on Liberalization and Management of Capital Flows: www.imf.org/external/np/pp/eng/2013/042513.pdf
- The Interaction of Monetary and Macroprudential Policies: www.imf.org/external/np/pp/eng/2013/012913.pdf
- Iceland Repays Early Some Outstanding Obligations to the IMF, PR No. No. 12/235: www.imf.org/external/np/sec/pr/2012/pr12235.htm
- Latvia Makes Early Repayment to the IMF, PR No. 12/314: www.imf.org/external/np/sec/pr/2012/pr12314.htm
- IMF Executive Board Concludes Article IV Consultation on Euro Area Policies, PIN No. No. 12/80: www.imf.org/external/np/sec/pn/2012/pn1280.htm
- Statement on the First Financial Sector Monitoring Mission to Spain, PR No. 12/400: www.imf.org/external/np/sec/pr/2012/pr12400.htm
- Statement on the Second Financial Sector Monitoring Mission to Spain, PR No. 13/34: www.imf.org/external/np/sec/pr/2013/pr1334.htm
- Arab Countries in Transition: Economic Outlook and Key Challenges: www.imf.org/external/np/pp/eng/2013/041613.pdf
Low-Income Countries
- The Review of Facilities for Low-Income Countries, PIN No. 12/108: www.imf.org/external/np/sec/pn/2012/pn12108.htm
- IMF Executive Board Reviews Facilities for Low-Income Countries and Eligibility for Using Concessional Financing, PIN No. 13/45: www.imf.org/external/np/sec/pn/2013/pn1345.htm
- Review of Facilities for Low-Income Countries—Proposals for Implementation: www.imf.org/external/np/pp/eng/2013/031813.pdf
- IMF Executive Board Discusses Global Risks, Vulnerabilities, and Policy Challenges Facing Low-Income Countries, PIN No. 12/128: www.imf.org/external/np/sec/pn/2012/pn12128.htm
- Enhancing Financial Sector Surveillance in Low-Income Countries: Financial Deepening and Macrostability: www.imf.org/external/np/pp/eng/2012/041612.pdf
- International Financial Institutions Call for More Coordination on Global Development, PR No. No. 13/60: www.imf.org/external/np/sec/pr/2013/pr1360.htm
Small States
-
IMF Executive Board Concludes Macroeconomic Issues in Small States and Implications for Fund Engagement, PIN No. 13/39: www.imf.org/external/np/sec/pn/2013/pn1339.htm
Program Design
-
IMF Executive Board Concludes Discussion of 2011 Review of Conditionality, PIN No. 12/109: www.imf.org/external/np/sec/pn/2012/pn12109.htm
Chapter 4. Confronting the Ongoing Global Crisis
Managing Director’s Global Policy Agenda
- Managing Director’s Global Policy Agenda:
-
Communiqué of the Twenty-Sixth Meeting of the International Monetary and Financial Committee, PR No. 12/391: www.imf.org/external/np/sec/pr/2012/pr12391.htm
-
Communiqué of the Twenty-Seventh Meeting of the International Monetary and Financial Committee, PR No. 13/129: www.imf.org/external/np/sec/pr/2013/pr13129.htm
- Jobs and Growth: Analytical and Operational Considerations for the Fund: www.imf.org/external/np/pp/eng/2013/031413.pdf
- Fiscal Policy and Employment in Advanced and Emerging Economies: www.imf.org/external/np/pp/eng/2012/061512.pdf
- IMF Executive Board Concludes 2012 Article IV Consultation with Portugal, PIN No. 13/07: www.imf.org/external/np/sec/pn/2013/pn1307.htm
-
IMF Executive Board Reviews the Policy on Debt Limits in Fund-Supported Programs, PIN No. 13/43: www.imf.org/external/np/sec/pn/2013/pn1343.htm
-
Guidance Note for Public Debt Sustainability Analysis in Market Access Countries: www.imf.org/external/np/pp/eng/2013/050913.pdf
-
IMF Gathers Experts to Discuss Design of Fiscally Sustainable and Equitable Pension Systems in Asia, PR No. No. 13/08: www.imf.org/external/np/sec/pr/2013/pr1308.htm
-
The Key Attributes of Effective Resolution Regimes for Financial Institutions—Progress to Date and Next Steps:
www.imf.org/external/np/pp/eng/2012/082712.pdf
-
IMF Publishes Revised Guidelines for Foreign Exchange Reserve Management, PR No. 13/138: www.imf.org/external/np/sec/pr/2013/pr13138.htm
Engagement with Other Organizations
-
IMF Membership in the Financial Stability Board, PIN No. 13/33: www.imf.org/external/np/sec/pn/2013/pn1333.htm
Capacity Development
-
IMF to Open Regional Training Center for Sub-Saharan Africa in Mauritius, PR No. 12/422: www.imf.org/external/np/sec/pr/2012/pr12422.htm
-
IMF Managing Director Christine Lagarde Exchanges Financing Documents with Mauritius for New Africa Training Institute, PR No. 12/507: www.imf.org/external/np/sec/pr/2012/pr12507.htm
-
IMF and Mauritius Sign Memorandum of Understanding to Create Africa Training Institute, PR No. 13/133: www.imf.org/external/np/sec/pr/2013/pr13133.htm
-
Ghana and IMF Sign Memorandum of Understanding to Create New Africa Regional Technical Assistance Center (AFRITAC) in Accra, PR No. 13/134: www.imf.org/external/np/sec/pr/2013/pr13134.htm
-
Joint Vienna Institute Celebrates 20th Anniversary with High-Level Conference, PR No. 12/242: www.imf.org/external/np/sec/pr/2012/pr12242.htm
-
Celebration of the 20th Anniversary of the Joint Vienna Institute: www.imf.org/external/np/seminars/eng/2012/jvi/
Data and Data Standards Initiatives
- The Islamic Republic of Iran Begins Participation in the IMF’s General Data Dissemination System, PR No. 12/283: www.imf.org/external/np/sec/pr/2012/pr12283.htm
- Samoa Begins Participation in the IMF’s General Data Dissemination System, PR No. 12/362: www.imf.org/external/np/sec/pr/2012/pr12362.htm
- The Democratic Republic of Timor-Leste Begins Participation in the IMF’s General Data Dissemination System, PR No. 12/406: www.imf.org/external/np/sec/pr/2012/pr12406.htm
- The Union of the Comoros Joins the IMF’s General Data Dissemination System, PR No. 13/46: www.imf.org/external/np/sec/pr/2013/pr1346.htm
- Tuvalu Joins the IMF’s General Data Dissemination System, PR No. 13/104: www.imf.org/external/np/sec/pr/2013/pr13104.htm
- Bosnia and Herzegovina Joins the IMF’s General Data Dissemination System, PR No. 13/122: www.imf.org/external/np/sec/pr/2013/pr13122.htm
- IMF Unveils Japanese-Funded Project to Help Produce Internationally Comparable National Accounts and Price Statistics in South-Eastern Europe, PR No. 12/264: www.imf.org/external/np/sec/pr/2012/pr12264.htm
- IMF Launches Japan-Funded Project to Improve External Sector Statistics in Asia and Pacific Countries, PR No. 12/394: www.imf.org/external/np/sec/pr/2012/pr12394.htm
- IMF Launches Japanese-Funded Project to Improve External Sector Statistics in the Pacific, PR No. 12/440: www.imf.org/external/np/sec/pr/2012/pr12440.htm
- IMF Convenes Advisory Committee Meeting on Modernizing Government Finance Statistics, PR No. 12/185: www.imf.org/external/np/sec/pr/2012/pr12185.htm
- BIS, ECB and IMF Publish Third Part of Handbook on Securities Statistics, PR No. 12/459: www.imf.org/external/np/sec/pr/2012/pr12459.htm
- IMF Releases Balance of Payments and International Investment Position Statistics Based on the Latest International Standard, PR No. 12/284: www.imf.org/external/np/sec/pr/2012/pr12284.htm
- IMF Releases Expanded Coordinated Direct Investment Survey, PR No. 12/219: www.imf.org/external/np/sec/pr/2012/pr12219.htm
- IMF Releases 2011 Coordinated Direct Investment Survey Results, PR No. 12/473: www.imf.org/external/np/sec/pr/2012/pr12473.htm
- IMF Releases 2012 Financial Access Survey Data, PR No. 12/320: www.imf.org/external/np/sec/pr/2012/pr12320.htm
- IMF Releases Results of 2011 Coordinated Portfolio Investment Survey, PR No. 12/438: www.imf.org/external/np/sec/pr/2012/pr12438.htm
- International Monetary Fund and Arab Monetary Fund Welcome the Launching of ArabStat, PR No. 13/135: www.imf.org/external/np/sec/pr/2013/pr13135.htm
Quota and Governance Reform
- Comparative Table of Quota Shares: www.imf.org/external/np/sec/pr/2011/pdfs/quota_tbl.pdf
- IMF Executive Board Reviews Progress Toward Implementation of the 2010 Quota and Governance Reform:
- PR No. 12/221: www.imf.org/external/np/sec/pr/2012/pr12221.htm
- PR No. 12/309: www.imf.org/external/np/sec/pr/2012/pr12309.htm
- PR No. 12/499: www.imf.org/external/np/sec/pr/2012/pr12499.htm
- PR No. 13/127: www.imf.org/external/np/sec/pr/2013/pr13127.htm
- PR No. 12/221: www.imf.org/external/np/sec/pr/2012/pr12221.htm
- New IMF Executive Board Begins Two-Year Term, PR No. 12/409: www.imf.org/external/np/sec/pr/2012/pr12409.htm
- IMF Executive Board Discusses Quota Formula Review:
- PIN No. 12/94: www.imf.org/external/np/sec/pn/2012/pn1294.htm
- PIN No. 12/120: www.imf.org/external/np/sec/pn/2012/pn12120.htm
- PIN No. 12/145: www.imf.org/external/np/sec/pn/2012/pn12145.htm
- PIN No. 12/94: www.imf.org/external/np/sec/pn/2012/pn1294.htm
- IMF Executive Board Reports on the Quota Formula Review, PR No. 13/30: www.imf.org/external/np/sec/pr/2013/pr1330.htm
- Report of the Executive Board to the Board of Governors on the Outcome of the Quota Formula Review: www.imf.org/external/np/pp/eng/2013/013013.pdf
Budget and Income
- IMF Executive Board Approves Modalities for Bilateral Borrowing to Boost IMF Resources, PR No. 12/229: www.imf.org/external/np/sec/pr/2012/pr12229.htm
- IMF Managing Director Christine Lagarde Welcomes Additional Pledges to Increase IMF Resources, Bringing Total Commitments to US$456 Billion, PR No. 12/231: www.imf.org/external/np/sec/pr/2012/pr12231.htm
- IMF Managing Director Christine Lagarde Welcomes Pledges from Algeria and Brunei Darussalam to Boost Fund Resources, PR No. 12/388: www.imf.org/external/np/sec/pr/2012/pr12388.htm
- IMF Signs SDR 350 Million Borrowing Agreement with the National Bank of Belgium to Support Lending to Low-Income Countries, PR No. 12/471: www.imf.org/external/np/sec/pr/2012/pr12471.htm
- IMF Distributes US$1.1 Billion of Gold Sales Profits in Strategy to Boost Low-Cost Crisis Lending to Low-Income Countries, PR No. 12/389: www.imf.org/external/np/sec/pr/2012/pr12389.htm
- IMF Approves New Rules and Regulations for Investment Account, PR No. 13/37: www.imf.org/external/np/sec/pr/2013/pr1337.htm
Human Resources Policies and Organization
- IMF Executive Board Discusses the 2011 Diversity Annual Report, PIN No. 12/100: www.imf.org/external/np/sec/pn/2012/pn12100.htm
- IMF Recognizes the Federal Government of Somalia, PR No. 13/119: www.imf.org/external/np/sec/pr/2013/pr13119.htm
- Statement by the IMF Executive Board on Argentina, PR No. 12/30: www.imf.org/external/np/sec/pr/2012/pr1230.htm
- Statement by the IMF Executive Board on Argentina, PR No. 12/319: www.imf.org/external/np/sec/pr/2012/pr12319.htm
- Statement by the IMF Spokesman on Argentina, PR No. 12/488: www.imf.org/external/np/sec/pr/2012/pr12488.htm
- Statement by the IMF Executive Board on Argentina, PR No. 13/33: www.imf.org/external/np/sec/pr/2013/pr1333.htm
Accountability
- The Fund’s Transparency Policy: www.imf.org/external/np/pp/eng/2009/102809.pdf
- Key Trends in Implementation of the Fund’s Transparency Policy: www.imf.org/external/np/pp/eng/2012/071612.pdf
- IMF Management and Staff Welcome Opportunity to Discuss Independent Evaluation Office Report on International Reserves, PR No. 12/494: www.imf.org/external/np/sec/pr/2012/pr12494.htm
- IMF Management and Staff Welcome Independent Evaluation Office’s Report on the Role of IMF as Trusted Advisor, PR No. 13/54: www.imf.org/external/np/sec/pr/2013/pr1354.htm
- IMF Executive Board Discusses Implementation Plan in Response to Board-Endorsed Recommendations for the IEO Evaluation of IMF Performance in the Run-Up to the Financial and Economic Crisis, PIN No. 12/54: www.imf.org/external/np/sec/pn/2012/pn1254.htm
- IMF Executive Board Considers Implementation Plan Following IEO Evaluation of Research at the IMF, PIN No. 13/32: www.imf.org/external/np/sec/pn/2013/pn1332.htm
- IMF Executive Board Discusses Implementation Plan in Response to Board-Endorsed Recommendations for the IEO Evaluation of International Reserves—IMF Concerns and Country Perspectives, PIN No. 13/63: www.imf.org/external/np/sec/pn/2013/pn1363.htm
- IMF Executive Board Concludes Fifth Periodic Report on Implementing IEO Recommendations Endorsed by the Executive Board, PIN No. 13/62: www.imf.org/external/np/sec/pn/2013/pn1362.htm
- IMF Executive Board Considers External Evaluation of the Independent Evaluation Office, PIN No. 13/40: www.imf.org/external/np/sec/pn/2013/pn1340.htm
- External Evaluation of the Independent Evaluation Office of the IMF Gets Underway, PR No. 12/285: www.imf.org/external/np/sec/pr/2012/pr12285.htm