October 6–8, 1998
International Monetary Fund
Washington, D.C.
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1998 Annual Meetings
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Summary Proceedings
of the Fifty-Third Annual Meeting
of the Board of Governors October 6–8, 1998
Contents
PART 1 of 4 (86k PDF)
Introductory Note
Address by the President of the United States,
William Clinton
Address by the President of Argentina,
Carlos Saúl Menem
Opening Address by the Chairman of the Boards of Governors
and Governor of the Fund and the Bank for Austria,
Wolfgang Ruttenstorfer
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PART 2 of 4 (413k PDF)
Presentation of the Fifty-Third Annual Report by the Chairman
of the Executive Board and Managing Director
of the International Monetary Fund, Michel Camdessus
Opening Address by the President of the World Bank Group,
James D. Wolfensohn
Report to the Board of Governors of the International Monetary Fund
by the Chairman of the Interim Committee of the Board of Governors
on the International Monetary System, Carlo Azeglio Ciampi
Report to the Boards of Governors of the Fund and the Bank
by the Chairman of the Joint Ministerial Committee of the Boards of
Governors on the Transfer of Real Resources to Developing Countries
(Development Committee), Tarrin Nimmanahaeminda
Statements by the Governors for
Armenia—Armen R. Darbinian
Australia—Rod Kemp
Austria—Wolfgang Ruttenstorfer*
Bangladesh—Shah A.M.S. Kibria
Barbados—Owen S. Arthur*
Belgium—Jean-Jacques Viseur
Bosnia and Herzegovina—Mirsad Kurtovic
Bosnia and Herzegovina—Novak Kondic
Cambodia—Keat Chhon
Cambodia—Chea Chan To
Canada—James Peterson
China—Dai Xianglong
Croatia—Borislav Skegro
Cyprus—Christodoulos Christodoulou
Estonia—Mart Opmann*
Ethiopia—Sufian Ahmed*
Fiji—James Ah Koy
Finland—Matti Vanhala*
France—Jean-Claude Trichet
Georgia—Vladimer Papava
Germany—Hans Tietmeyer
Greece—Yannos Papantoniou
Iceland—Halldór Ásgrímsson*
India—Yashwant Sinha
Indonesia—Bambang Subianto
Iran, Islamic Republic of—Hossein Namazi
Iraq—Hikmat M. Ibraheem Al-Azzawi
Ireland—Charlie McCreevy
Israel—Jacob A. Frenkel
Italy—Carlo Azeglio Ciampi
Japan—Kiichi Miyazawa
Korea—Kyu Sung Lee
Lao People’s Democratic Republic—
Cheuang Sombounkhanh
Libyan Arab Jamahiriya—
Mohamed A. Bait Elmal |
PART 3 of 4 (278k PDF)
Malaysia—Dato Mustapa Mohamed
Malta—John Dalli
Marshall Islands—Tony Debrum
Mongolia—Bat-Erdene Batbayar
Morocco—Fathallah Oualalou*
Myanmar—U Khin Maung Thein
Nepal—Ram Sharan Mahat
Netherlands—Gerrit Zalm
New Zealand—W.F. Birch
Pakistan—Hafiz A. Pasha
Papua New Guinea—Iairo Lasaro
Paraguay—Heinz Gerhard Doll
Philippines—Edgardo B. Espiritu
Poland—Leszek Balcerowicz
Portugal—Antonio de Sousa Franco
Russian Federation—Mikhail Mikhailovich Zadornov
Solomon Islands—Bartholomew Aba’au Ulufa’alu*
Spain—Rodrigo De Rato Figaredo
Sri Lanka—G.L. Peiris
Switzerland—Kaspar Villiger
Thailand—Tarrin Nimmanahaeminda
Tonga—Kinikinilau Tutoatasi Fakafanua
Turkey—Gunes Taner
Turkmenistan—Yolly A. Gurbanmuradov
Ukraine—Valeriy Pavlovych Pustovoitenko
United Kingdom—Gordon Brown
Uzbekistan—Bakhtiar Sultanovich Khamidov
Vietnam—Nguyen Tan Dung |
PART 4 of 4 (230k PDF)
Concluding Remarks
Statements by
The Governor of the Bank for Nepal, Ram Sharan Mahat
The Chairman of the Executive Board and Managing
Director of the International Monetary Fund,
Michel Camdessus
The President of the World Bank Group,James D. Wolfensohn
The Chairman of the Boards of Governors and Governor of the
Fund and the Bank for Austria, Wolfgang Ruttenstorfer
Documents and Resolutions of the Board of Governors
Schedule of Meetings
Provisions Relating to the Conduct of the Meetings
Agenda
Reports of the Joint Procedures Committee
Report I
Statement of Results of Election, October 7, 1998
Annex I to Report I. Regulations for the Conduct of the 1998
Regular Election of Executive Directors
Annex II to Report I
Attachment I. Rules and Regulations Amended Since
the 1997 Annual Meeting
Report III
Resolutions
53-1 Membership for the Republic of Palau
53-2 Increase in Quotas of Fund Members—Eleventh
General Review
Annex to Resolution 53-2
53-3 Direct Remuneration of Executive Directors and
Their Alternates
53-4 1998 Regular Election of Executive Directors
53-5 Financial Statements, Report on Audit, and
Administrative and Capital Budgets
53-6 Amendments of the Rules and Regulations
Interim Committee of the Board of Governors on the
International Monetary System
Press Communiqué (October 4, 1998)
Interim Committee Composition (as of October 4, 1998)
Joint Ministerial Committee of the Boards of Governors of the
Bank and the Fund on the Transfer of Real Resources to
Developing Countries (Development Committee)
Press Communiqué (October 5, 1998)
Development Committee Composition
(as of October 5, 1998)
Attendance
Members of Fund Delegations
Observers, Representatives of International Organizations,
and Special Invitees
Executive Directors, Alternates, and Advisors
List of Abbreviations |
*Speaking on behalf of a group of countries. |
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