Oia Second Progress Assessment Of The Implementation Of The Recommendations Of The Institutional Safeguards Review
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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.
Update On Implementation Plan To Address The Recommendations Of The 2022 Institutional Safeguards Review
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2023-12-21
Update On Implementation Plan To Address The Recommendations Of The 2022 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 2023-12-21 with Business & Economics categories.
In response to the recommendations from the 2022 Institutional Safeguards Review (ISR), a comprehensive Implementation Plan (IP) was developed drawing on the work undertaken by a Board Steering Group, Management, and staff. The IP, which was discussed and endorsed by the Board in December 2022, outlined a set of actions and policy changes that reflected the strong shared commitment of the Board and Management to a durable change in the institution and the highest standards of institutional governance. Substantial progress has been made in advancing the IP actions that were due to be completed in CY2023, with 85 percent of the actions having been completed or remaining on track for completion.
Review Of Institutional Safeguards
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2022-06-30
Review Of Institutional Safeguards 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 2022-06-30 with Business & Economics categories.
Ensuring the integrity of data and analysis is fundamental to the Fund’s ability to deliver on its mandate. As part of the Fund’s institutional safeguards review, a Working Group on Data and Analysis Integrity (WGDAI) was established to assess the possible need for changes in processes safeguarding the integrity of data and analysis at the Fund. The IMF primarily uses data supplied by its membership to fulfil its core mandate. The IMF has initiated and progressively enhanced a number of initiatives to help members prepare official data of adequate quality. Assessing data integrity and supporting countries’ efforts to achieve high standards has required a sustained commitment on the part of the Fund.
International Monetary Fund Annual Report 2016
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2016-09-26
International Monetary Fund Annual Report 2016 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 2016-09-26 with Business & Economics categories.
The year was marked by difficult challenges and milestone achievements. To reinvigorate modest growth at a time of uncertainty about a complicated global economy, the IMF membership endorsed a three-pronged approach of monetary, fiscal, and structural policies to get the world economy back on a stronger and safer growth track. Highlights of the IMF’s work during the year included entry into effect of its quota and governance reforms approved in 2010, which increase the Fund’s core resources and make it more representative of the membership; commitments for increased financial support, policy advice, expertise, and training to help low-income developing countries achieve the U.N. Sustainable Development Goals; analysis of the international monetary system; inclusion of the Chinese currency in the basket of currencies that make up the Special Drawing Right; and policy advice on the economic repercussions of mass migration of refugees from Syria and other conflict-afflicted states. The IMF Annual Report, which covers the period May 1, 2015 to April 30, 2016, discusses all of these issues, plus a wide range of policy matters that the Executive Board addressed during the year.
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.