This Selected Issues paper discusses the economics of energy price reform in the Islamic Republic of Iran. Economic policies in Iran have traditionally relied on the abundant availability of energy at a low price to finance the country’s economic development. Low domestic energy prices...

This paper on Poverty Reduction Strategy Papers on Guinea explains medium-term development framework to achieve Millennium Development Goals and fulfill the authorities’ vision of Guinea as an emerging economy in 15 to 25 years, respectful of human rights and gender equality and...

The author-a top decision maker at the IMF for two decades-first focuses on the system of quotas and voting power in the IMF and concludes that it calls for reforms to enhance equity among the membership. He then examines decision making in the Executive Board, with an emphasis on consensus...

This paper presents a draft Decision that reflects the guidance provided by the Board. In February, the Board endorsed three overarching principles to guide a new Decision: (i) no new obligations for members, together with confirmation that dialogue and persuasion are key pillars of surveillance;...

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...

This paper discusses several IMF's selected decisions of the Executive Board and related documents annex to fourteenth issue. Pursuant to Section III, paragraph 2 of the Instrument to Establish the Enhanced Structural Adjustment Facility Trust, the IMF in its capacity as Trustee of that Trust,...

This paper presents Selected Decisions and Selected Documents' Fourth Issue of the IMF. In order to ensure the uniform application of the relevant Articles of Agreement as they apply to determinations of member's net official holdings of gold and US dollars for the purposes of Article III,...

This paper presents Selected Decisions and Selected Documents' Tenth Issue of the IMF. This volume, the Tenth Issue of Selected Decisions of the IMF and Selected Documents, contains the decisions, interpretations, and resolutions of the Executive Board and the Board of Governors of the IMF to...