Imf Board Endorses Implementation Plan In Response To Institutional Safeguards Review
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Imf Board Endorses Implementation Plan In Response To Institutional Safeguards Review
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2022-12-19
Imf Board Endorses Implementation Plan In Response To Institutional Safeguards Review written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-12-19 with Business & Economics categories.
IMF Board Endorses Implementation Plan in Response to Institutional Safeguards Review
2024 Review Of The Fund S Transparency Policy And Open Archives Policy
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Author : International Monetary Fund. Legal Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2024-11-25
2024 Review Of The Fund S Transparency Policy And Open Archives Policy written by International Monetary Fund. Legal Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-11-25 with categories.
On November 15, 2024, the IMF’s Executive Board concluded the Review of the IMF’s Transparency Policy and Open Archives Policy and approved a number of reforms. As an international institution, making important documents available to the public on timely basis enhances the IMF’s credibility, accountability, and effectiveness and is critical to fulfill its mandate of promoting global economic and financial stability. While transparency at the IMF is achieved through a range of policies and practices, the Transparency Policy and the Open Archives Policy form the core elements of the IMF’s transparency framework. The Fund has come a long way since the inception of these policies in the early nineties. Most Board documents are now published, published more quickly, and under more consistent and evenhanded application of modification rules. The information available in the Fund’s archives has increased and is more easily accessible to the public. While experience suggests that these policies are effective in delivering on their objectives, the landscape in which the Fund operates has evolved since these policies were last reviewed in 2013. In a more interconnected and shock-prone world the pace with which policymakers need to make decisions has accelerated and the expectations of stakeholders on the availability and timeliness of the Fund’s analysis and policy advice has grown. Against this backdrop, the 2024 Review of the IMF’s Transparency Policy and Open Archives Policy focuses on targeted reforms to (i) support faster publication of board documents and communications of Board’s decisions; (ii) strengthen the rules and processes to modify Board documents prior to publication; and (iii) allow faster release of some documents in the Fund’s archives accessible to the public. The reforms further clarify the scope and objectives of these policies, their implementation processes, and how to strengthen knowledge sharing. The review was supported by data analysis as well as surveys and consultations with key stakeholders, including Executive Directors, country authorities, IMF missions chiefs, and civil society organizations as detailed in the three background papers accompanying this 2024 review.
Implementation Plan In Response To The Executive Board Endorsed Recommendations From The Ieo Evaluation On The Imf S Pandemic Response
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Author : International Monetary Fund. Strategy, Policy, & Review Department
language : en
Publisher: International Monetary Fund
Release Date : 2023-10-30
Implementation Plan In Response To The Executive Board Endorsed Recommendations From The Ieo Evaluation On The Imf S Pandemic Response written by International Monetary Fund. Strategy, Policy, & Review Department and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-10-30 with Business & Economics categories.
The Management Implementation Plan (MIP) proposes actions in response to the Board-endorsed recommendations provided by the Independent Evaluation Office (IEO)’s report on the IMF’s early response to the COVID pandemic. The two IEO recommendations aim for the Fund to (i) Develop special policies and procedures that could be quickly activated to address particular needs and circumstances of global crises and (ii) Take steps to reinforce the Fund’s institutional preparedness to deal with global crises and other large shocks. The MIP highlights how existing workstreams will be used to address part of the recommendations, specifically: (i) Drawing the lessons from the use of precautionary lending instruments during the pandemic and using them in the ongoing review of these facilities; (ii) Drawing the lessons from the implementation of governance safeguards in the context of covid-related emergency financing and respond to the actions identified in the final stocktaking; and (iii) Reviewing financial implications of covid-related lending on Poverty Reduction and Growth Trust (PRGT) resources in the regular updates on PRGT financing and resources. The MIP also defines new actions that aim to enhance the Fund’s preparedness to face future crises and are slated to be implemented by the end of FY25. These consists in: (i) Developing a crisis playbook, which will further codify Management’s commitment to an early participatory consultation with the Board in the event of a global crisis and inform the engagement with the Board on the broad strategy and institutional priorities for responding to the crisis; (ii) Enhancing the process of staff reallocation during a crisis through expanding the staff Talent Inventory to include skills and experience relevant in crises and examining HRD’s coordinating role in staff reallocation, as well as reviewing how recruitment processes could be made more agile in a crisis; (iii) Developing a strategy for surge capacity of the Crisis Management Team; (iv) Reviewing the experience of pandemic-related lending to low-income countries to consider the adequacy of access norms and the possible need for enhancements of the low-income lending toolkit against the long-term financial sustainability of the PRGT; and (v) Exploring ways to further strengthen the coordination with partners, especially the World Bank.
Implementation Plan In Response To The Board Endorsed Recommendations For The Ieo Evaluation Report The Imf And Social Protection
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Author : International Monetary Fund. Strategy, Policy, & Review Department
language : en
Publisher: International Monetary Fund
Release Date : 2018-02-02
Implementation Plan In Response To The Board Endorsed Recommendations For The Ieo Evaluation Report The Imf And Social Protection written by International Monetary Fund. Strategy, Policy, & Review Department and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-02-02 with Business & Economics categories.
"This paper sets out Management’s response to the Independent Evaluation Office’s (IEO) report on “The IMF and Social Protection.” The management implementation plan (MIP) proposes specific actions to address the IEO recommendations endorsed by the Executive Board in its discussion on July 19, 2017, specifically to: (i) establish a clear strategic framework to guide Fund involvement in social protection; (ii) provide tailored advice based on in-depth analysis of the particular country situation; (iii) find more realistic and effective approaches to program design and conditionality to ensure that adverse impacts of program measures on the most vulnerable are mitigated; (iv) realistically explain in external communications the IMF’s approach to social protection issues; and (v) engage actively in inter-institutional cooperation on social protection to find ways to work constructively with development partners, particularly institutions with different mandates and policy priorities. The MIP notes that the Board underscored the need to be mindful of the Fund’s mandate to engage only in macro-critical areas while bearing in mind its resource constraints and comparative expertise in implementing these recommendations. Implementation of some of these proposed actions is already underway. The paper also explains how implementation will be monitored and the MIP’s resource implications."
Implementation Plan In Response To The Board Endorsed Recommendations For The Ieo Report Behind The Scenes With Data At The Imf
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Author : International Monetary Fund. Strategy, Policy, & Review Department
language : en
Publisher: International Monetary Fund
Release Date : 2016-10-27
Implementation Plan In Response To The Board Endorsed Recommendations For The Ieo Report Behind The Scenes With Data At The Imf written by International Monetary Fund. Strategy, Policy, & Review Department and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-10-27 with Computers categories.
This paper sets out Management’s response to the Independent Evaluation Office’s (IEO) report entitled Behind the Scenes with Data at the IMF: An IEO Evaluation. The implementation plan proposes specific actions to address the recommendations of the IEO that were endorsed by the Board in its March 17, 2016 discussion of the IEO’s report, namely: (i) develop a long-term strategy for data and statistics at the Fund; (ii) define and prioritize the Fund’s data needs and support data provision by member countries accordingly; (iii) reconsider the role and mandate of the Statistics Department; (iv) reexamine the staff’s structure of incentives in the area of data management; (v) make clear the limits of IMF responsibility regarding the quality of disseminated data, and clarify the distinction between “IMF data” and “official data.” The implementation of some of these proposed actions is already underway. The paper also explains how implementation will be monitored.
Twelfth Periodic Monitoring Report On The Status Of Management Implementation Plans In Response To Board Endorsed Ieo Recommendations
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2022-11-30
Twelfth Periodic Monitoring Report On The Status Of Management Implementation Plans In Response To Board Endorsed Ieo Recommendations written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-11-30 with Business & Economics categories.
Twelfth Periodic Monitoring Report On The Status Of Management Implementation Plans In Response To Board-Endorsed IEO Recommendations
Oia Second Progress Assessment Of The Implementation Of The Recommendations Of The Institutional Safeguards Review
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Author : International Monetary Fund. Office of Internal Audit
language : en
Publisher: International Monetary Fund
Release Date : 2025-07-25
Oia Second Progress Assessment Of The Implementation Of The Recommendations Of The Institutional Safeguards Review written by International Monetary Fund. Office of Internal Audit and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-07-25 with categories.
The Institutional Safeguards Review (ISR), launched by the Executive Board in October 2021, made a range of recommendations to strengthen the Fund’s Data and Analysis Integrity (DAI) frameworks and improve and enhance trust in the Fund’s Dispute Resolution System (DRS). An Implementation Plan (IP) was developed in response in December 2022 comprising 71 actions. As mandated by the Board, the overall implementation of the IP is subject to independent follow-up and validation by the IMF’s Office of Internal Audit (OIA). OIA’s first independent assessment concluded in July 2024 found that 45 IP actions had been completed, leaving 26 actions in progress. The assessment also concluded that actions taken by the Fund had strengthened data and analytical integrity, tone from the top, and the DRS and its processes. This second independent OIA assessment aimed at validating progress on remaining 26 actions. OIA concluded in June 2025 that 20 out of the 26 actions have been completed, all but one related to DRS. In total, 65 IP actions (five for DAI and 60 for DRS) have now been completed representing a 92 percent overall completion rate. Six IP actions remain in progress or delayed status with varying implementation timelines. OIA will cease standalone ISR reporting but will continue to monitor the remaining actions and report periodically to Management and the Board.
Implementation Plan In Response To The Board
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2021-08-10
Implementation Plan In Response To The Board written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-08-10 with Business & Economics categories.
The actions in this document aim at • Bringing the Fund’s framework for advice on capital flow policies up to date with recent research and lessons from experience. • Enhancing and coordinating a Fund-wide research • Ramping up the monitoring and analysis of capital flows. • Strengthening multilateral cooperation on policy issues affecting capital flows.
International Monetary Fund Annual Report 2017
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2017-10-05
International Monetary Fund Annual Report 2017 written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-05 with Business & Economics categories.
During the past financial year, the IMF’s 189 member countries faced a number of pressing challenges. IMF work on these challenges - slower trade, declining productivity, gender inequality, inclusive growth, and debt management - is a central focus of this 2017 Annual Report.
2011 Review Of Conditionality And The Design Of Fund Supported Programs Concept Note
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2011-01-21
2011 Review Of Conditionality And The Design Of Fund Supported Programs Concept Note written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-01-21 with Business & Economics categories.
The Fund regularly assesses conditionality in IMF-supported programs, with the next formal review planned for 2011. This paper summarizes previous assessments of conditionality, outlines staff’s proposed approach to the forthcoming review, and seeks Directors’ early views on the approach.