Fourteenth 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 1 January 1972 to the end of 1972.During this year, the Committee held 15 sessions and the working parties drawn fromits own members or set up at its initiative met on many occasions.In view of the Council's decision of 13 October 1972 harmonizing the dates of renewalof the terms of office of the officers and ordinary members of the various committeesas from 1 January 1974 onwards, the Monetary Committee extended the terms ofoffice of its present officers until 31 December 1973. A list of members as at 31 December1972 is annexed.Delegates from the countries joining the C~mmunity on 1 January 1973 (UnitedKingdom, Ireland, Denmark) were involved in the work of the Monetary Committeethroughout the period under review, particularly in discussions of international monetaryproblems. These countries also joined the mutual information arrangements operatingwithin the Committee.The report was adopted as at 31 December 1972.