[Federal Register Volume 73, Number 247 (Tuesday, December 23, 2008)]
[Notices]
[Pages 78864-78865]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-30574]


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DEPARTMENT OF STATE

[Public Notice 6466]


Determination on U.S. Position on Proposed International Monetary 
Fund (IMF) Project: Precautionary Stand-By Arrangement

    Pursuant to section 658 of the Department of State, Foreign 
Operations, and Related Programs Appropriations Act, 2008 (Div. J, Pub. 
L. 110-161) (SFOAA), and Department of State Delegation of Authority 
Number 312, I hereby determine that the IMF's proposed Precautionary 
Stand-By Arrangement for strengthening Serbia's fiscal discipline and 
furthering its structural reform agenda will help facilitate a smooth 
balance of payments adjustment and promote good macroeconomic policies 
during the global financial crisis, leading to sustainable development 
and economic integration in the region and contribute to a stronger 
economy in Serbia, directly supporting implementation of the Dayton 
Accords. I therefore waive the application of Section 658 of the SFOAA 
to the extent that provision would otherwise prevent the U.S. Executive 
Directors of the IMF from voting in favor of these projects.
    This Determination shall be reported to the Congress and published 
in the Federal Register.


[[Page 78865]]


    Dated: December 2, 2008.
Judith Garber,
Assistant Secretary of State, Acting for European and Eurasian Affairs, 
Department of State.
[FR Doc. E8-30574 Filed 12-22-08; 8:45 am]
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