CBDAI Subject Files

75739

1950; 1962-1989

series

textual records

9.5 linear feet of textual records

External debt, Monetary policy, Central banks, Central banking policy, Monetary systems, Seminars, Technical assistance, Burundi, Rwanda

Banque d' Emission du Rwanda et du Burundi, Rudolf Kroc, Roland Tenconi

Series is open according to the Policy on Access to the Fund's Archives. Files will be screened by reference staff for any time restrictions.

Series consists of the records maintained or created by the Central Banking Department and documents some of the department’s functions and operations. Files are arranged alphabetically and then chronologically. Sub-groups include the Banque d' Emission du Rwanda et du Burundi (B.E.R.B.), and Instruments of Monetary Policy. The latter is arranged alphabetically by country. Files pertaining to the B.E.R.B. deal with the agreement between the Governments of Burundi and Rwanda for the establishment of a Liquidation Committee to complete the liquidation of the remaining assets and liabilities of the B.E.R.B. in 1964 after the economic union between the two countries dissolved. The Committee was composed of one member from Burundi, one from Rwanda, and a President/Chairman designated by the IMF. Rudolf Kroc, Assistant Treasurer of Operations and later Roland Tenconi, Advisor in the Central Banking Department held this position. Files contain correspondence surrounding the administration of the Committee and minutes of committee meetings; background information on the event leading to the dissolution of the economic union and details surrounding the liquidation process. Files pertaining to Instruments of Monetary Policy, which was a series of surveys on monetary policy instruments in member countries prepared by the Central Banking Department, consist of correspondence related to the series studies; internal memoranda, minutes of meetings held between CBD staff and country officials; background material used in preparation of the final report; and Board documents Another function depicted in this series includes the expansion of the Central Banking technical assistance program to focus on the setting up of a permanent national machinery for the reporting, control and management of external debt operations on a continuing basis, and the collection of debt statistics on a loan-by-loan basis including, where necessary, the determination of the overall size of debt prior to entering into a debt rescheduling exercise. The program was carried out in close collaboration with the Exchange and Trade Relations Department, the Bureau of Statistics, area departments and the World Bank. Other files reflect the department’s cooperative work with area and functional departments on the administrative arrangements for technical assistance missions, requests for advisory technical missions and the implementation and administration of seminars on central banking and external debt management in which participants from member countries were provided with a forum to discuss and exchange views on professional subjects of mutual interest.