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Report on Operations Under the Bretton Woods and Related Agreements Act - 2003

Prepared by:
International Trade and Finance Branch
March 2004

- All years -

• Adobe Acrobat Version.

Table of Contents

Introduction.

International Monetary Fund.

• Overview.
• Benefits of Membership.
• Canada’s Priorities at the IMF.
• Economic and Financial Developments in Emerging Markets.
• Efforts to Promote International Financial Stability.
• Strengthening Surveillance and Crisis Prevention.
• Enhancing Crisis Resolution.
• Improving IMF Lending.
• Safeguarding the IMF’s Cooperative Nature.
• Strengthening Support for Low-Income Countries.
• Lending Developments in 2003.
• Managing Canada’s Interests at the IMF.
• Canada’s Office at the IMF.
• Canada’s Financial Participation.
• Challenges Ahead.

World Bank

• Benefits of Membership to Canada.
• Overview of Operations in 2003.
• Strengthening the World Bank’s Poverty Reduction Focus.
• The IDA13 Replenishment—Enhancing Support for Country Ownership.
• Canada’s Priorities at the World Bank.
• The World Bank’s Business Plan and Administrative Budget.
• FY 2003 IBRD Financial Results.
• Managing Canada’s Interests at the World Bank.
• International Finance Corporation.
• Multilateral Investment Guarantee Agency.
• Future Challenges.

Joint Issues

• Overview.
• Enhancing the Voice and Participation of Developing Countries in the Bretton Woods Institutions.
• Strengthening Financial Sectors.
• Multilateral Debt Relief.

1. Active IMF Lending Arrangements—As of December 31, 2003.

2. IBRD Loans and IDA Credits— Fiscal Year 2003 (July 1, 2002–June 30, 2003).

3. IBRD Loans and IDA Credits to Developing Countries.

4. Disbursements by IBRD and IDA Borrowers: Goods and Services From Canada—To June 30, 2003 71.

5. IBRD Loans and IDA Cumulative Lending by Country— As of June 30, 2003.

6. Projects Approved for IBRD and IDA Assistance in Fiscal Year 2003, by Country (July 1, 2002–June 30, 2003).

7. 2003 Communiqués of the International Monetary and Financial Committee of the Board of Governors of the IMF.

8. 2003 Communiqués of the Development Committee of the Boards of Governors of the World Bank and the IMF.