----- Original Message -----

From: Morrison Bonpasse

To: Meg Lundsager, IMF Executive Director ; Abbas Mirakhor, IMF Executive Director ; Adarsh Kishore, IMF Executive Director ; Peter Gakunu, IMF Executive Director ; Roberto Guarnieri, IMF Executive Director ; GE Huayyong, IMF Executive Director ; Shigeo Kashiwagi, IMF Executive Director ; Willy Kiekens, IMF Executive Director ; Jeroen Kremers, IMF Executive Director ; Eduardo Loyo, IMF Executive Director ; Thomas Moser, IMF Executive Director ; Aleksei Mozhin, IMF Executive Director ; Richard Murray, IMF Executive Director ; Hooi Eng Phang, IMF Executive Director ; Laurean Rutayisire, IMF Executive Director ; Arrigo Sadun, IMF Executive Director ; Tom Scholar, IMF Executive Director ; A. Shakour Shaalan, IMF Executive Director ; Javier Silva-Ruete, IMF Executive Director ; Klaus Stein, IMF Executive Director ; Tuomas Saarenheimo, IMF Executive Director

Sent: Saturday, July 14, 2007 8:08 AM

Subject: Recommendation to add to Managing Director Selection Process: Long Term Strategy toward a Single Global Currency

Dear Members of the International Monetary Fund Executive Board:

Thank you for your statement of 12 July regarding the selection process for a new Managing Director.

Within that statement was the important phrase, "will be capable of providing strategic vision..."

To show that strategic vision,each candidate forManaging Director should inform the Executive Board where s/he believes the world's multi-currency system should be moving: toward more currencies, status quo, or fewer currencies. The Board should select only a candidate who understands that moving toward fewer currencies is the way toward true international financial stability, theprimary goal of the IMF;and moving to aSingle Global Currency is the logical end of that process. Attached is a short summary of the benefits of a Single Global Currency, managed by a Global Central Bank, within a Global Monetary Union.

The IMF needs a Long Term Strategy togive a context forits Medium Term Strategy, and that Long Term Strategy should include planning for the implementation of a Single Global Currency and for the future role fora transformedIMF withinthe Global Monetary Union. In fact, such planning and the necessary research and writingshould not wait for the selection of a new Managing Director.

Sincerely,

Morrison Bonpasse

President

Single Global Currency Association

P.O. Box 390

Newcastle, ME 04553 USA

1-207-586-6078

www.singleglobalcurrency.org