IMF Board of Governors

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The IMF Board of Governors is the highest decision-making body of the International Monetary Fund, composed of senior officials (usually finance ministers or central bank governors) from each member country.

All labels observed (5)

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf decision-making body
governing body
organ of an international organization
alsoKnownAs Board of Governors of the International Monetary Fund
appliesToJurisdiction IMF member countries
chairperson usually the governor of the country hosting the annual meetings (rotating)
composition one governor and one alternate governor for each IMF member country
country International
decisionMakingProcess resolutions adopted by majority of voting power
delegatesAuthorityTo IMF Executive Board
elects Executive Directors of the IMF
establishedBy Articles of Agreement of the International Monetary Fund
establishedInYear 1945
hasAuthorityOver IMF Articles of Agreement amendments
IMF quota and voting structure
allocation of Special Drawing Rights
hasMember alternate governor from each IMF member country
governor from each IMF member country
hasResponsibility key institutional and financial decisions of the IMF
overall direction and governance of the IMF
hasSubOrganization IMF Development Committee
IMF International Monetary and Financial Committee
headquartersLocation Washington, D.C.
language English
legalBasis IMF Articles of Agreement
locatedInTheAdministrativeTerritorialEntity District of Columbia
locatedInTimeZone UTC−05:00
mainFunction admit new IMF members
allocate Special Drawing Rights
amend the IMF Articles of Agreement
approve quota increases
determine changes in the IMF capital structure through quotas
elect or appoint Executive Directors of the IMF
set overall policies of the International Monetary Fund
meetingFrequency usually once a year in formal session
meetsAt annual meetings of the IMF and World Bank Group
numberOfMembers equal to number of IMF member countries
parentOrganization International Monetary Fund
partOf International Monetary Fund
relatedOrganization World Bank Group Board of Governors
role highest decision-making body of the International Monetary Fund
shortName IMF Board of Governors
typicalOfficeHeldByMembers central bank governor
finance minister
votingSystem weighted voting based on IMF quotas
website https://www.imf.org
worksInLanguage official languages of the IMF

How these facts were elicited

Referenced by (17)

Full triples — surface form annotated when it differs from this entity's canonical label.

Board of Governors (IMF) hasAbbreviation IMF Board of Governors
subject linked to: Board of Governors
Executive Board of the International Monetary Fund reportsTo Board of Governors of the International Monetary Fund
subject linked to: Executive Board
linked to: IMF Board of Governors
International Monetary and Financial Committee advises Board of Governors of the International Monetary Fund
linked to: IMF Board of Governors
International Monetary and Financial Committee reportsTo Board of Governors of the International Monetary Fund
linked to: IMF Board of Governors
Development Committee affiliatedWith International Monetary Fund Board of Governors
linked to: IMF Board of Governors
Development Committee reportsTo Board of Governors of the International Monetary Fund
linked to: IMF Board of Governors
Development Committee establishedBy Board of Governors of the International Monetary Fund
linked to: IMF Board of Governors
Board of Governors (World Bank Group) meetsJointlyWith Board of Governors of the International Monetary Fund
subject linked to: Board of Governors
linked to: IMF Board of Governors
Special Drawing Rights allocationAuthority Board of Governors of the IMF
linked to: IMF Board of Governors
Articles of Agreement of the International Monetary Fund providesFor Board of Governors of the International Monetary Fund
linked to: IMF Board of Governors
IMF Board of Governors alsoKnownAs Board of Governors of the International Monetary Fund
linked to: IMF Board of Governors
IMF Board of Governors shortName IMF Board of Governors
Interim Committee partOf Board of Governors of the International Monetary Fund
linked to: IMF Board of Governors
Interim Committee subordinateTo IMF Board of Governors
Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries reportsTo Board of Governors of the International Monetary Fund
linked to: IMF Board of Governors
Joint Ministerial Committee of the World Bank and the IMF reportsTo Boards of Governors of the IMF
linked to: IMF Board of Governors