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TURKMENISTAN BECOMES MEMBER OF IMF

 TURKMENISTAN BECOMES MEMBER OF IMF
 WASHINGTON, Sept. 22 /PRNewswire/ -- Turkmenistan became a member


of the International Monetary Fund (IMF) today when Redjep Saparov, deputy head of the cabinet of ministers, signed the IMF's Articles of Agreement in Washington. The initial quota(A) of Turkmenistan in the IMF is special drawing rights (SDR) 32 million (about US$46 million).
 With the admission of Turkmenistan, the membership of the IMF now totals 172 countries. The total of members' quotas in the IMF is SDR 97,373.05 million (about US$140,158 million).
 (A) A member's quota in the IMF determines, in particular, its subscription, its voting weight, its access to IMF financing, and its allocation of SDRs.
 -0- 9/22/92
 /CONTACT: International Monetary Fund, External Relations Department, 202-623-7100/ CO: International Monetary Fund ST: District of Columbia IN: FIN SU:


IH -- DC010 -- 2091 09/22/92 10:27 EDT
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Publication:PR Newswire
Date:Sep 22, 1992
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