The Office of the Nordic-Baltic Constituency INTERNATIONAL MONETARY FUND

Several items specifically pertaining to Low-Income and Developing Countries (LIDCs) were discussed during the latter half of the year, including on macroeconomic developments,

The Work Program envisages further work on quota and governance reform, the review of the SDR basket, engagement in the post-2015 global development agenda, discussions of

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

The Nordic- Baltic chair also agreed that the Fund should focus its policy advice, capacity building and financial assistance on macro-critical issues and institutions relevant

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

Context. The IMF’s Articles of Agreement commit the institution to “the promotion and maintenance of high levels of employment and real income.” In the aftermath of the crisis,

A review of the current quota formula was also agreed as part of the 2010 reforms 4. Any realignment is expected to result in increases in the quota shares of dynamic economies in