Use of Gold Sales Profits : Initial Considerations and Options.
In December 2010, the Fund concluded the limited gold sale (403 metric tons) approved by the Board in September 2009. The main purpose of the sale was to generate profits to fund an endowment that would diversify the Fund's income sources away from lending income. In addition, the Board agreed...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2011.
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| Series: | Policy Papers; Policy Paper ;
No. 2011/020 |
| Online Access: | Full text available on IMF |