CONTENTS : The setting: world economic developments in FY2000 : Global environment - Key developments in emerging market and advanced economies -- IMF country, global, and regional surveillance : Country surveillance - Global surveillance - Regional surveillance -- Evaluations of IMF surveillance and research activities : External evaluation of IMF surveillance - Biennial review of surveillance - External evaluation of IMF research activities - Independent evaluation of office established -- Reform of the global financial architecture : Transparency and accountability - Developing standards, prnciples, and guidelines - Assessing standards - Strengthening financial systems - External vulnerability and capital flows - Capital account liberalization and capital controls - Exchange rate regimes - Involving the private sector in forestalling and resolving crises - Reform of IMF facilities - International monetary and financial committee -- Poverty reduction and debt relief for poor countries : Debt relief - Linking debt relief nd poverty reduction: the poverty reduction - Poverty reduction and growth facility - Social issues and policies in IMF-supported programs - Trade, development, and poverty reduction -- Financial operations and support for member countries : Quotas - The IMF's liquidity - Members' use of IMF resources and credit outstanding - Income, charges, and burden sharing - Overdue financial obligations - SDR department - Issues related to IMF support for member countries -- Technical assistance and training : Developments FY2000 - Review of technical assistance - Follow-up to technical assistance review - Policy statement on IMF technical assistance -- IMF organization, staffing, and budget : Organization - Staff - Administrative and capital budgets - Buildings - Selection of new managing director.