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Institution:International Financial Institution Advisory Commission

Abbreviation: IFIAC

Type: Public

Founded: 1998-1999

Members Total: not applicable

Membership in: not applicable

Membership of: not applicable

Description:In November 1998 as part of the legislation authorizing $18 billion of additional U.S. funding for the International Monetary Fund, Congress established the International Financial Institution Advisory Commission to recommend future U.S. policy toward seven international institutions: the International Monetary Fund (IMF), the World Bank Group (Bank), the Inter-American Development Bank (IDB), the Asian Development Bank (ADB), the African Development Bank (AfDB), the Bank for International Settlements (BIS), and the World Trade Organization (WTO).

Working Group: not applicable

Outreach: not applicable

Reporting to: US Congress

Website: http://www.house.gov/jec/imf/ifiac.htm

Highest Organ: not applicable

Chair: Allan Meltzer

Seat: Washington

Function: Assess the role of International Financial Institutions for Congress

Standards: not applicable

Topics of this post: adb, afdb, allan h meltzer, bis, financial architecture, iad, ifiac, imf, meltzer-report, Organisations, us congress, world bank, wto
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