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The International Monetary Fund Administrative Tribunal: a Few Observations

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Chapter Summary

At the time of the 20th Anniversary Conference of the World Bank Administrative Tribunal (WBAT) in May 2000, the International Monetary Fund Administrative Tribunal (IMFAT), established in 1994, had been in existence for only six years. The IMFAT now has doubled in age and, as of June 2006, has rendered twenty-four Judgments and nine Orders. This chapter offers observations on the IMFAT's development from the perspective of 2006, highlighting a few key features of its twelve-year history. The IMFAT has had the benefit of the continuous service of the same group of highly qualified and diverse Judges from its inception. Another important issue upon which the IMFAT has elaborated in recent years is that of assuring access to the Tribunal through the authority granted by its Statute to order the Fund to bear "totally or partially" the applicant's legal costs when an Application is "well-founded in whole or in part".

Keywords:International Monetary Fund Administrative Tribunal (IMFAT); World Bank Administrative Tribunal (WBAT)



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