Back Matter

Back Matter

Author(s):
International Monetary Fund
Published Date:
October 2007
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Executive Directors and Alternates on April 30, 20071

(Alternate Executive Directors are indicated in italics.)

Appointed
Meg LundsagerUnited StatesPierre DuquesneFrance
VacantBertrand Dumont
Shigeo KashiwagiJapanTom ScholarUnited Kingdom
Michio KitaharaJens Larsen
Klaus D. SteinGermany
Stephan von Stenglin
Elected
Willy Kiekens (Belgium)AustriaRichard Murray (Australia)Australia
Johann Prader (Austria)BelarusWilhemina C. Mañalac(Philippines)Kiribati
Belgium
Czech RepublicKorea Marshall Islands
HungaryMicronesia, Federated States of
Kazakhstan
LuxembourgMongolia
Slovak RepublicNew Zealand
SloveniaPalau
TurkeyPapua New Guinea
Jeroen Kremers (Netherlands)ArmeniaPhilippines
Yuriy G. Yakusha (Ukraine)Bosnia and HerzegovinaSamoa
BulgariaSeychelles
CroatiaSolomon Islands
CyprusVanuatu
GeorgiaGE Huayong (China)China
Israel
Macedonia, former Yugoslav Republic ofHE Jianxiong (China)
Moldova
NetherlandsJonathan Fried (Canada)Antigua and Barbuda
Bahamas, The
RomaniaPeter Charleton (Ireland)Barbados
UkraineBelize
Roberto Guarnieri (República Bolivariana de Venezuela)Costa RicaCanada
Ramón Guzmán(Spain)El SalvadorDominica
GuatemalaGrenada
Honduras MexicoIreland Jamaica
NicaraguaSt. Kitts and Nevis
SpainSt. Lucia
Venezuela, RepúblicaSt. Vincent and the
Bolivariana deGrenadines
Arrigo Sadun (Italy)AlbaniaTuomas Saarenheimo (Finland)Denmark
Miranda Xafa (Greece)GreeceJon Thorvardur Sigurgeirsson (Iceland)Estonia
ItalyFinland
MaltaIceland
PortugalLatvia
San MarinoLithuania
Timor-LesteNorway
Sweden
A. Shakour Shaalan (Egypt)BahrainAleksei V. Mozhin (Russian Federation)Russian Federation
Samir El-Khouri (Lebanon)EgyptAndrei Lushin (Russian Federation)
Iraq
Jordan
Kuwait
LebanonAbbas Mirakhor Islamic Republic of Iran)Afghanistan, Islamic Republic of
Libyan Arab JamahiriyaMohammed Daïri (Morocco)Algeria
MaldivesGhana
OmanIran, Islamic Republic of
QatarMorocco
Syrian Arab RepublicPakistan
United Arab EmiratesTunisia
Yemen, Republic of
Abdallah S. Alazzaz (Saudi Arabia)Saudi ArabiaPaulo Nogueira Batista, Jr. (Brazil)Brazil
Ahmed Al Nassar (Saudi Arabia)María Ines Agudelo (Colombia)Colombia
Dominican Republic
Ecuador
Guyana
Hooi Eng Phang (Malaysia)Brunei DarussalamHaiti
Chantavam Sucharitakul (Thailand)CambodiaPanama
FijiSuriname
IndonesiaTrinidad and Tobago
Lao People’s Democratic RepublicAdarsh Kishore (India)Bangladesh
Bhutan
MalaysiaAmal Uthum Heart (Sri Lanka)India
MyanmarSri Lanka
Nepal
SingaporeJavier Silva-Ruete (Peru)Argentina
ThailandBolivia
TongaHéctor R. Torres (Argentina)Chile
VietnamParaguay
Peru
Peter Gakunu (Kenya)AngolaUruguay
Samura Kamara (Sierra Leone)Botswana
BurundiLaurean W. Rutayisire (Rwanda)Benin
EritreaKossi Assimaidou (Togo)Burkina Faso
EthiopiaCameroon
Gambia, TheCape Verde
KenyaCentral African Republic
LesothoChad
MalawiComoros
MozambiqueCongo, Democratic
NamibiaRepublic of the
NigeriaCongo, Republic of
Sierra LeoneCôte d’Ivoire
South AfricaDjibouti
SudanEquatorial Guinea
SwazilandGabon
TanzaniaGuinea
UgandaGuinea-Bissau
ZambiaMadagascar
Mali
Thomas Moser (Switzerland)AzerbaijanMauritania
Andrzej Raczko (Poland)Kyrgyz RepublicMauritius
PolandNiger
SerbiaRwanda
SwitzerlandSão Tomé and Príncipe
TajikistanSenegal
TurkmenistanTogo
Uzbekistan

Senior officers on April 30, 2007

Jaime Caruana, Counsellor

Simon Johnson, Economic Counsellor

Area departments

Abdoulaye Bio-Tchané

Director, African Department

David Burton

Director, Asia and Pacific Department

Michael C. Deppler

Director, European Department

Mohsin S. Khan

Director, Middle East and Central Asia Department

Anoop Singh

Director, Western Hemisphere Department

Functional and special services departments

Michael G. Kuhn

Director, Finance Department

Teresa M. Ter-Minassian

Director, Fiscal Affairs Department

Leslie J. Lipschitz

Director, IMF Institute

Sean Hagan

General Counsel and Director, Legal Department

Jaime Caruana

Director, Monetary and Capital Markets Department

Mark Allen

Director, Policy Development and Review Department

Simon Johnson

Director, Research Department

Robert Edwards

Director, Statistics Department

Information and liaison

Masood Ahmed

Director, External Relations Department

Akira Ariyoshi

Director, Regional Office for Asia and the Pacific

Saleh M. Nsouli

Director, Offices in Europe

Vacant1

Director and Special Representative to the Fund Office at the United Nations

Support services

Liam P. Ebrill

Director, Human Resources Department

Shailendra J. Anjaria

Secretary, Secretary’s Department

Frank Harnischfeger

Director, Technology and General Services Department

Jonathan Palmer

Chief Information Officer, Technology and General Services Department

Offices

Barry H. Potter2

Director, Office of Budget and Planning

Bert Keuppens

Director, Office of Internal Audit and Inspection

Vacant

Director, Office of Technical Assistance Management

Thomas Bernes

Director, Independent Evaluation Office

IMF organization chart as of April 30, 2007

Acronyms and abbreviations

AFRITAC

Africa Regional Technical Assistance Center

AML/CFT

Anti–money laundering/combating the financing of terrorism

APEC

Asia-Pacific Economic Cooperation

ASEAN

Association of Southeast Asian Nations

BIS

Bank for International Settlements

CCE

Coordinated Compilation Exercise

CCL

Contingent Credit Lines

CEMAC

Central African Economic and Monetary Community

CFF

Compensatory Financing Facility

CGER

Consultative Group on Exchange Rate Issues

DFID

U.K. Department for International Development

DQAF

Data Quality Assessment Framework

DSBB

Dissemination Standards Bulletin Board

DSF

Debt sustainability framework

ECCU

Eastern Caribbean Currency Union

ECU

European Currency Unit

EFF

Extended Fund Facility

EMBI

JPMorgan Emerging Markets Bond Index

ENDA

Emergency Natural Disaster Assistance

EPA

Ex post assessment

EPCA

Emergency Post-Conflict Assistance

ESAF

Enhanced Structural Adjustment Facility

ESF

Exogenous Shocks Facility

EU

European Union

EXR

External Relations Department

FAD

Fiscal Affairs Department

FATF

Financial Action Task Force

FCC

Forward commitment capacity

FSAP

Financial Sector Assessment Program

FSF

Financial Stability Forum

FSI

Financial soundness indicator

FSRB

FATF-style regional body

FSSA

Financial System Stability Assessment

FY

Financial year

GDDS

General Data Dissemination System

GDP

Gross domestic product

GFSR

Global Financial Stability Report

GMR

Global Monitoring Report

GRA

General Resources Account

HIPC

Heavily Indebted Poor Countries

IA

Investment Account

IDA

International Development Association(World Bank Group)

IEO

Independent Evaluation Office

IF

Integrated Framework for Trade-Related Technical Assistance

IFRS

International Financial Reporting Standards

IFS

International Financial Statistics

IMFC

International Monetary and Financial Committee

MCM

Monetary and Capital Markets Department

MDG

Millennium Development Goal

MDRI

Multilateral Debt Relief Initiative

MTS

Medium-Term Strategy

OAP

Regional Office for Asia and the Pacific

OECD

Organization for Economic Cooperation and Development

OFC

Offshore financial center

OIA

Office of Internal Audit and Inspection

OTM

Office of Technical Assistance Management

PDR

Policy Development and Review Department

PIN

Public Information Notice

PRGF

Poverty Reduction and Growth Facility

PRSP

Poverty Reduction Strategy Paper

PSI

Policy Support Instrument

PSIA

Poverty and Social Impact Analysis

QEDS

Quarterly External Debt Statistics

REO

Regional Economic Outlook

ROSC

Report on the Observance of Standards and Codes

RTAC

Regional Technical Assistance Center

RTC

Regional Training Center

SAF

Structural Adjustment Facility

SBA

Stand-By Arrangement

SCA-1

First Special Contingent Account

SDA

Special Disbursement Account

SDDS

Special Data Dissemination Standard

SDMX

Statistical Data and Metadata Exchange

SDR

Special drawing right

SRF

Supplemental Reserve Facility

STA

Statistics Department

S&P

Standard and poor’s

TIM

Trade Integration Mechanism

UN

United Nations

WAEMU

West African Economic and Monetary Union

WEO

World Economic Outlook

WTO

World Trade Organization

Credits

This Annual Report was prepared by the Editorial and Publications Division of the IMF’s External Relations Department. The main editor was Asimina Caminis; composition of the Appendixes was done by Alicia Etchebarne-Bourdin; Teresa Evaristo Del Rosario provided assistance with the preparation.

Photography
Stephen Jaffe/IMF staff photo and Datacraft, Brad Rickerby/Getty Imagescover
EschCollection, Chris Sattlberger/Getty Imagescover 2
Michael Spilotro/IMF staff photopage 5
Stephen Jaffe/IMF staff photospages 6, 31, 45, 57, and 60
Paul Hardy/Corbispage 7
Ulrich Perrey/Newscompage 11
Mary Wilson/IMF staff photopage 15
Andy Rain/epa/Corbispage 17
Antoine Gyori/AGP/Corbispage 21
Sebastiao Moreira/epa/Corbispage 25
Pornchai Kittiwongsakul/AFP/Getty Imagespage 27
REUTERS/Nozim Kalanpage 41
Ramzi Haidar/Getty Imagespage 43
Gregg Newton for the IMFpage 47
Eugene Salazar/IMF staff photopage 51
Construction Photography/Corbispage 53

The International Monetary Fund

The IMF is the world’s central organization for international monetary cooperation in which almost all countries in the world work together to promote the common good. The IMF’s primary purpose is to safeguard the stability of the international monetary system—the system of exchange rates and international payments that enables countries (and their citizens) to buy goods and services from each other. This is essential for achieving sustainable economic growth and raising living standards.

All of the IMF’s 185 member countries are represented on its Executive Board, which serves as a forum where they can discuss the national, regional, and global consequences of their economic policies. This Annual Report covers the activities of the Executive Board and Fund management and staff during the financial year May 1, 2006, through April 30, 2007.

The main activities of the IMF include

  • providing advice to members on adopting policies that can help them prevent or resolve a financial crisis, achieve macroeconomic stability, accelerate economic growth, and alleviate poverty;
  • making financing temporarily available to member countries to help them address balance of payments problems—that is, when they find themselves short of foreign exchange because their payments to other countries exceed their foreign exchange earnings; and
  • offering technical assistance and training to countries at their request, to help them build the expertise and institutions they need to implement sound economic policies.

The IMF is headquartered in Washington, DC, and, reflecting its global reach and close ties with its members, also has offices in more than 80 countries around the world.

The IMF’s financial statements for the year ended April 30, 2007, can be found on the CD-ROM affixed to the inside back cover of this Report. Additional information on the IMF and its member countries can be found on the Fund’s Web site, www.imf.org.

The CD-ROM contains the IMF 2007 Annual Report chapters in three languages: English, French, and Spanish. All of the appendixes, including the financial statements, are also on the CD, in English. In addition, the CD contains Public Information Notices, press releases, assorted reports, and tables and boxes offering more detail on the activities described in the Annual Report chapters.

For more information, visit the IMF’s Web site at www.imf.org.

CD-ROM instructions

Insert the CD-ROM into the CD drive on your computer. A contents page will appear within your browser window. PDF files are included on the CD-ROM and can be opened using Adobe Reader.

To download a free copy of the Adobe Reader program, please visit www.adobe.com.

1Barry H. Potter assumed the position of Director and Special Representative to the Fund Office at the United Nations effective August 13, 2007.
2Siddharth Tiwari succeeded Barry H. Potter as Director of the Office of Budget and Planning effective August 15, 2007.
1 Known formally as the Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries.
2 Attached to the Office of the Managing Director.

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