International Monetary and Financial Committee (IMFC)
Comité monétaire et financier international (CMFI)
2 Oct 1974, within the framework of F-XF2266 - International Monetary Fund (IMF), succeeding Committee on Reform of the International Monetary System and Related Issues, subsequently known as Committee of 20 - or Committee of Twenty - set up 26 Jul 1972, following adoption of resolution by IMF Board of Governors. Original title: Interim Committee of the Board of Governors of the International Monetary Fund on the International Monetary System (Interim Committee) -- Comité intérimaire du Conseil des gouverneurs du Fonds monétaire international sur le système monétaire international (Comité intérimaire), also referred to as International Monetary Fund's Interim Committee. Current title adopted on approval by IMF Board of Governors, 30 Sep 1999.
Provide ministerial guidance to IMF Executive Board; advise and report to IMF Board of Governors on issues regarding management and adaptation of the international monetary and financial system, including sudden disturbances that might threaten the international monetary system, and on proposals to amend IMF's Articles of Agreement.
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Committee comprises 24 members - IMF Governors, Ministers of Finance of Central Bank Governors - with the same constituencies as IMF's Executive Board. F-XF5980 - Intergovernmental Group of Twenty-Four on International Monetary Affairs (Group of Twenty-Four) makes reports and recommendations.
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** UN SDGs are linked to the subject classification.
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