The Office of the Nordic-Baltic Constituency INTERNATIONAL MONETARY FUND

During the half year from the Spring meetings to the Singapore Annual Meetings, work has, in particular, concentrated on the issues of Quotas, Voice and Representation,

This broad foundation of the Fund’s surveillance over exchange rate policies is laid out in Article IV of the Fund’s Articles of Agreement, and further specified in the 1977

In March, the Board also reviewed the Fund’s policy on external debt limits in low-income countries (LICs) on account of changes in country situations and patterns of

Main topics covered by the Executive Board over the past six months– in addition to continuous assessments of the economic and financial situation – include a further strengthening

In June 2010, the Executive Board established a Post-Catastrophe Debt Relief (PCDR) Trust that allows the Fund to join international debt relief efforts to very poor countries hit

The Fund is focused on bilateral and multilateral surveillance, providing policy advice, technical support and financial assistance to underpin member countries’ adjustment

underscored that strengthening fiscal institutions and public financial management systems in LICs would be critical for effective utilization of higher aid. The Nordic-Baltic

In the run up to the Spring Meetings, the Executive Board discussed the tentative outcomes from the Fund’s collaboration with the Financial Stability Forum (FSF), the Bank