Decision ID: 002817

In October 2001 the 1971 Fund Administrative Council considered that the situation regarding the submission of oil reports gave rise to serious concern. The Council considered what further measures could be taken to resolve the problem but concluded that in the short term little more could be done other than to instruct the Secretariat to make all practicable efforts to obtain reports. The Administrative Council decided, however, that a letter should be sent from the Chairman on behalf of the Council to the Governments of Member States that had outstanding oil reports, emphasising the Council’s serious concerns, requesting an explanation as to why the reports had not been submitted and explaining the procedure for submission of reports.