Sixteenth 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 1974.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.At its session of 10 July 1974 the Committee elected its officers. It elected as ChairmanProf. C. Oort, Treasurer-General in the Netherlands Ministry of Finance, and as Vice-Chairmen, Dr. O. Emminger, Vice-President of the Deutsche Bundesbank and Mr C. deStrycker, Vice-Governor of the Banque Nationale de Belgique. Mr J. G. Littler, ofM. Treasury was elected Chairman of the Committee of Alternate Members. Inaccordance with the Council Decision of 30 April 1972 aligning the dates of renewalof the terms of office of the members of certain committees, the terms of office of thenew officers will expire on 31 December 1975. A list of members as at 31 December1974 is annexed.The report was adopted as at 31 December 1974.