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Finance & Development, June 1977

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Finance & Development, June 1977 Synopsis

This paper highlights that IMF activities in the first three months of 1977 were marked by a number of "e;firsts."e; In addition to approving the largest stand-by arrangement in its history-the SDR 3.36 billion for the United Kingdom-the IMF welcomed its first new member of the year:

  • Guinea-Bissau
  • held its first gold auction on behalf of the Trust Fund under the new schedule of monthly auctions
  • made its first loan disbursements as a Trustee of the Trust Fund
  • and held the first sale of gold for "e
  • restitution."e

About This Edition

ISBN: 9781463971854
Publication date:
Author: International Monetary Fund
Publisher: International Monetary Fund
Format: Ebook

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