Proposed Decision on Article IV Consultation Cycles

Proposed Decision on Article IV Consultation Cycles
Author :
Publisher : International Monetary Fund
Total Pages : 9
Release :
ISBN-10 : 9781498336819
ISBN-13 : 1498336817
Rating : 4/5 (817 Downloads)

Book Synopsis Proposed Decision on Article IV Consultation Cycles by : International Monetary Fund. Legal Dept.

Download or read book Proposed Decision on Article IV Consultation Cycles written by International Monetary Fund. Legal Dept. and published by International Monetary Fund. This book was released on 2010-09-21 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proposed Decision seeks to implement the staff’s proposals related to Article IV consultation cycles in Review of the Fund’s Mandate—Follow-Up on Modernizing Surveillance, which were endorsed in principle by the Executive Board on September 1, 2010. The goal is to provide for greater flexibility in consultation cycles and simplify the rules governing consultation cycles for members under a Fund arrangement or Policy Support Instrument (PSI).


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Bilateral surveillance is mandatory for both the Fund and its members, and all members have an obligation to consult with the Fund for this purpose.3 Periodic c