Articles of Agreement

March 11, 2020

Articles of Agreement

Description: The Articles of Agreement of the International Monetary Fund were adopted at the United Nations Monetary and Financial Conference (Bretton Woods, New Hampshire) on July 22, 1944. They were originally accepted by 29 countries and since then have been signed and ratified by a total of 189 Member countries. As the charter of the organization, the Articles lay out the Fund’s purposes, which include the promotion of “international monetary cooperation through a permanent institution which provides the machinery for consultation and collaboration on international monetary problems”. The Articles also establish the mandate of the Organization and its members’ rights and obligations, its governance structure and roles of its organs, and lays out various rules of operations including those related to the conduct of its operations and transactions regarding the Special Drawing Rights. The key functions of the IMF are the surveillance of the international monetary system and the monitoring of members’ economic and financial policies, the provision of Fund resources to member countries in need, and the delivery of technical assistance and financial services. Since their adoption in 1944, the Articles of Agreement have been amended seven times, with the latest amendment adopted on December 15, 2010 (effective January 26, 2016). The Articles are complemented by the By-laws of the Fund adopted by the Board of Governors, themselves being supplemented by the Rules and Regulations adopted by the Executive Board.

September 15, 2011

Articles of Agreement

Description: Last issued in 1992, this new release of the IMF's Articles of Agreement for 2011 includes changes to the Articles resulting from the adoption of the Fourth Amendment on August 10, 2009, as well as the Fifth and Sixth Amendments, which entered into force on February 18, 2011 and March 3, 2011, respectively.

March 15, 2011

Supplement to the Articles of Agreement 2011

Description: Supplement to the Articles of Agreement 2011

September 15, 1993

Articles of Agreement of the International Monetary Fund. Adopted at the United Nations Monetary and Financial Conference, Bretton Woods, New Hampshire, July 22, 1944. Entered into force December 27, 1945. Amended effective July 28, 1969...; amended effective April 1, 1978...; and amended effective November 11, 1992...: Adopted at the United Nations Monetary and Financial Conference, Bretton Woods, New Hampshire, July 22, 1944

Description: Revised in 1993, this edition incorporates the Third Amendment of the Articles of Agreement. Reprinted in December 2004. Reprinted in January 2008 (200 copies)

Notes: Incorporates the Third Amendment of the Articles of Agreement.