Thirteenth Report on the Activities of the Monetary Committee.

Abstract

The purpose of this report is to give a brief account of the activities of the MonetaryCommittee during the period from July 1970 to the end of 1971.During these 18 months, the Committee held 15 sessions and the working parties drawnfrom its own members or set up at its suggestion met on many occasions.The Committees officers were re-elected for a period of years starting on June 1970.Following the departure of Professor W. Drees, Treasurer-General in the NetherlandsMinistry of Finance, the Committee elected Professor c.J. Oort, on 23 June 1971, as vice-chairman for the remainclerof Professor Drees' term. Professor Oort is also the newNetherlands Treasurer-General. A list of the Committee members is annexed.The report was adopted as at 31 December 1971. It takes no account of subsequent moneta-ry andfinancial trends or of measures adopted since, in or outside the Community.