Resolution regarding the 1974 meeting of the Boards of Governors of the International Monetary Fund and the World Bank Group.

Summary

Expresses the sense of the Senate that: (1) the present economic situation demands greatly increased international economic cooperation among nations; (2) the International Monetary Fund be supported in its efforts to discourage unilateral economic actions which could affect other nations' economic situations adversely, including its guidelines for government management of floating exchange rates and its promotion of the Voluntary Declaration on Trade Measures; (3) the annual meetings should give urgent and detailed consideration to the adequacy of present and proposed international facilities for providing necessary financing to oil importing nations, in view of both the short-term and long-term economic prospects of these nations; (4) the annual meetings should recognize fully the emergency needs of the poorest oil importing nations; and (5) other types of international cooperation to help alleviate the present economic situation should continue to be pursued vigorously.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 1 October 1974

   Introduced

   Introduced in Senate

   Source: IntroReferral

2. 2 October 1974

   Passed

   Measure passed Senate.

   Source: Floor

3. 2 October 1974

   Passed

   Passed/agreed to in Senate: Measure passed Senate.

   Source: Floor

Votes

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Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 1 October 1974

  Open at official source

Sponsors

• Sen. Taft, Robert, Jr. [R-OH] · R · Sponsor

Related records

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