Eleventh Periodic Monitoring Report On The Status Of Management Implementation Plans In Response To Board Endorsed Ieo Recommendations

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Eleventh Periodic Monitoring Report on The Status of Management Implementation Plans In Response To Board-Endorsed IEO Recommendations

International Monetary,International Monetary Fund. Office of Internal Audit
Eleventh Periodic Monitoring Report on The Status of Management Implementation Plans In Response To Board Endorsed IEO Recommendations Book PDF

Author : International Monetary,International Monetary Fund. Office of Internal Audit
Publisher : International Monetary Fund
Page : 80 pages
File Size : 54,5 Mb
Release : 2021-11-30
Category : Business & Economics
ISBN : 9781616356187

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Eleventh Periodic Monitoring Report on The Status of Management Implementation Plans In Response To Board-Endorsed IEO Recommendations by International Monetary,International Monetary Fund. Office of Internal Audit Pdf

The Eleventh Periodic Monitoring Report (PMR) on the Status of Management Implementation Plans (MIPs) in Response to Board-Endorsed Independent Evaluation Office (IEO) Recommendations assessed the progress made over the past 18 months on 72 actions contained in 10 MIPs. Significant progress has been made with the implementation of management actions, despite challenges that have arisen from the ongoing COVID-19 pandemic. Overall, 29 of the 72 actions for which implementation progress is assessed in the Eleventh PMR were deemed to have been satisfactorily implemented, while 35 remain open, and eight actions are being reformulated in line with the Board-approved triage framework for long-standing open actions. Despite the effect of reprioritization to make space for the urgent needs of the membership resulting from the pandemic, the pace of implementation observed in the Eleventh PMR, with the 29 actions closed, significantly exceeds the previous trend of about 15 implemented actions per year. Of the 35 open actions, 16 are more than one year past their implementation due dates. The reprioritization of activities owing to the COVID-19 pandemic and resource constraints on account of several years of flat budgets led to delays in the implementation of several actions, partly because of the postponement of important reviews.

Twelfth Periodic Monitoring Report On The Status Of Management Implementation Plans In Response To Board-Endorsed IEO Recommendations

International Monetary Fund
Twelfth Periodic Monitoring Report On The Status Of Management Implementation Plans In Response To Board Endorsed IEO Recommendations Book PDF

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 105 pages
File Size : 50,5 Mb
Release : 2022-11-30
Category : Business & Economics
ISBN : 9798400225000

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Twelfth Periodic Monitoring Report On The Status Of Management Implementation Plans In Response To Board-Endorsed IEO Recommendations by International Monetary Fund Pdf

Twelfth Periodic Monitoring Report On The Status Of Management Implementation Plans In Response To Board-Endorsed IEO Recommendations

Thirteenth Periodic Monitoring Report on The Status of Management Implementation Plans in Response to Board-Endorsed IEO Recommendations

International Monetary Fund. Office of Internal Audit
Thirteenth Periodic Monitoring Report on The Status of Management Implementation Plans in Response to Board Endorsed IEO Recommendations Book PDF

Author : International Monetary Fund. Office of Internal Audit
Publisher : International Monetary Fund
Page : 101 pages
File Size : 50,8 Mb
Release : 2023-12-08
Category : Business & Economics
ISBN : 9798400261510

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Thirteenth Periodic Monitoring Report on The Status of Management Implementation Plans in Response to Board-Endorsed IEO Recommendations by International Monetary Fund. Office of Internal Audit Pdf

Overall, progress has been made since the Twelfth PMR on actions in response to eight IEO evaluations, with the pace of implementation being faster on actions October 31, 2023 THIRTEENTH PERIODIC MONITORING REPORT 2 INTERNATIONAL MONETARY FUND contained in the MIP in Response to the Executive Board-Endorsed Categorization of Open Actions in Management Implementation Plans. It is also worth mentioning that many open actions depend on the implementation of some important reviews/key steps that are expected to be completed in or soon after December 2023, such as the Capacity Development (CD) Strategy Review, the issuance of a new CD Guidance Note, an update of the Small Developing States Staff Guidance Note (SDS-SGN), the Operational Guidance Note (OGN) on Program Design and Conditionality, and a Board paper on Bank-Fund collaboration.

Tenth Periodic Monitoring Report On The Status Of Management Implementation Plans In Response To Board-Endorsed IEO Recommendations

International Monetary Fund
Tenth Periodic Monitoring Report On The Status Of Management Implementation Plans In Response To Board Endorsed IEO Recommendations Book PDF

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 56 pages
File Size : 51,9 Mb
Release : 2020-03-04
Category : Business & Economics
ISBN : 9781513536194

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Tenth Periodic Monitoring Report On The Status Of Management Implementation Plans In Response To Board-Endorsed IEO Recommendations by International Monetary Fund Pdf

The Tenth Periodic Monitoring Report (PMR) on the Status of Management Implementation Plans (MIPs) in Response to Board-Endorsed Independent Evaluation Office (IEO) Recommendations assesses the progress made over the last year on actions contained in 10 MIPs with open management actions.

Ninth Periodic Monitoring Report on the Status of Implementation Plans in Response to Board-Endorsed IEO Recommendations

International Monetary Fund. Finance Dept.
Ninth Periodic Monitoring Report on the Status of Implementation Plans in Response to Board Endorsed IEO Recommendations Book PDF

Author : International Monetary Fund. Finance Dept.
Publisher : International Monetary Fund
Page : 58 pages
File Size : 43,6 Mb
Release : 2018-10-26
Category : Business & Economics
ISBN : 9781498310192

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Ninth Periodic Monitoring Report on the Status of Implementation Plans in Response to Board-Endorsed IEO Recommendations by International Monetary Fund. Finance Dept. Pdf

"The Ninth Periodic Monitoring Report (PMR) on the Status of Management Implementation Plans (MIPs) in Response to Board-Endorsed Independent Evaluation Office (IEO) Recommendations assesses the progress made over the last year on actions contained in two “new” MIPs arising from recent IEO evaluations, and another seven for which individual management actions were classified as “open” in the Eighth PMR. Overall, 42 of the 96 actions included in the Ninth PMR remain open, representing roughly the same proportion as the previous PMR. A 25 percent net increase in open management actions over the past year is accounted for by 24 new actions from two MIPs, and 16 actions that have been implemented over the period. There is positive traction on the last four MIPs, but older actions appear challenging to implement. Better progress has been made with the implementation of the actions contained in recent MIPs. Fourteen of the actions implemented since the Eighth PMR relate to MIPs approved after October 2015, while only two actions (out of 24) from earlier MIPs were implemented. Improvements in the follow-up process approved by the Board in October 2015 have contributed to speedier implementation of recent actions, but some challenges remain. There are lingering challenges with defining measures of success for numerous actions, but accountabilities are now clearer and many actions are at advanced stages at the time of the Board’s discussion of the MIPs. This PMR introduces indicators to support the process for resolving challenges with long-standing actions. Despite the slower progress with the older actions, significant advances have been made over the past year in several key areas. These include: protocols for engaging the IEO; risk management and analysis; the mainstreaming of macrofinancial surveillance; an overarching strategy on data and statistics; guidance on cooperation with other organizations, including Regional Financing Arrangements (RFAs); improvements in External Stability Assessments; and ongoing analytical work on surveillance and program, including macrostructural issues, emerging topics, and debt sustainability analysis. On the other hand, progress has been slower on macro forecasting, outward spillovers, and cross-country knowledge sharing."

Seventh Periodic Monitoring Report on the Status of Implementation Plans in Response to Board-Endorsed IEO Recommendations

International Monetary Fund
Seventh Periodic Monitoring Report on the Status of Implementation Plans in Response to Board Endorsed IEO Recommendations Book PDF

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 59 pages
File Size : 54,5 Mb
Release : 2015-04-09
Category : Business & Economics
ISBN : 9781498344234

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Seventh Periodic Monitoring Report on the Status of Implementation Plans in Response to Board-Endorsed IEO Recommendations by International Monetary Fund Pdf

The Seventh PMR includes: (i) a discussion of progress made over the last year on the actions corresponding to four Management Implementation Plans (MIPs) that were classified as still “in progress” in the previous PMR; and (ii) an assessment of the progress made in achieving the high-level objectives in three areas directly related to those MIPs. In addition, an update on substantive issues related to five older MIPs agreed since 2007 is provided at the end of the report. Three new evaluations have been completed by the IEO since March 2014. In July and August 2015, Management issued the MIPs in response to these evaluations. Given that only a short time has passed since their completion, progress in addressing the actions contemplated in those MIPs will be discussed in the next PMR.

Tenth Review of IMF Data Standards Initiatives

International Monetary,International Monetary Fund. Statistics Dept.
Tenth Review of IMF Data Standards Initiatives Book PDF

Author : International Monetary,International Monetary Fund. Statistics Dept.
Publisher : International Monetary Fund
Page : 82 pages
File Size : 43,9 Mb
Release : 2022-03-16
Category : Business & Economics
ISBN : 9798400204012

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Tenth Review of IMF Data Standards Initiatives by International Monetary,International Monetary Fund. Statistics Dept. Pdf

The IMF Data Standards Initiatives enhance data transparency as a global public good. The Tenth Review updates the framework, in light of new data priorities, through a parsimonious and principles-based expansion of encouraged data categories covering selected aspects in the areas of public debt, macro-financial indicators, foreign exchange intervention, climate change-related policy, and gender- disaggregated labor market statistics. The Review also focuses on strengthening the monitoring of the first tier of the Data Standards Initiatives, the enhanced General Data Dissemination System (e-GDDS), and encouraging subscribers of the second tier, the Special Data Dissemination Standard (SDDS), to modernize data publication technology.

Implementation Plan in Response to the Board-Endorsed Recommendations from the IEO Evaluation Report on IMF Engagement with Small Developing States

International Monetary Fund
Implementation Plan in Response to the Board Endorsed Recommendations from the IEO Evaluation Report on IMF Engagement with Small Developing States Book PDF

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 29 pages
File Size : 43,5 Mb
Release : 2023-03-24
Category : Electronic
ISBN : 9798400238116

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Implementation Plan in Response to the Board-Endorsed Recommendations from the IEO Evaluation Report on IMF Engagement with Small Developing States by International Monetary Fund Pdf

This paper presents a Management Implementation Plan (MIP) with actions to take forward the Board-endorsed recommendations from the Independent Evaluation Office (IEO)'s report on IMF Engagement with Small Developing States (SDS). The actions in the MIP are broad in scope, touching on all modalities of the Fund's engagement with SDS, and seek to be comprehensive, self-reinforcing, cost-effective, and designed to be adopted as a package. The MIP aims to support a targeted and effective recalibration of engagement with SDS; enhance IMF's surveillance and capacity development in SDS members; strengthen the Fund's lending engagement with SDS, in line with the applicable policy frameworks; and secure an effective, well-tailored and more continuous staff presence in SDS.

Eighth Periodic Monitoring Report on the Status of Implementation Plans in Response to Board-Endorsed IEO Recommendations

International Monetary Fund
Eighth Periodic Monitoring Report on the Status of Implementation Plans in Response to Board Endorsed IEO Recommendations Book PDF

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 34 pages
File Size : 50,6 Mb
Release : 2017-06-23
Category : Business & Economics
ISBN : 9781498346702

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Eighth Periodic Monitoring Report on the Status of Implementation Plans in Response to Board-Endorsed IEO Recommendations by International Monetary Fund Pdf

Monitoring Report (PMR) on the Status of Management Implementation Plans (MIPs) in Response to Board-Endorsed IEO Recommendations assesses the progress made over the last year on actions contained in the four MIPs arising from recent IEO evaluations, and another four for which individual management actions were classified as still “in progress” in the Seventh PMR. Overall, 34 of the 77 actions included in the eight MIPs covered in this PMR remain open. Progress on the actions envisaged in the management implementation plans has been somewhat uneven, with more progress being made on the most recent MIPs. Of the 19 actions that have been implemented over the past year, only three relate to the older management actions. Many of the older actions are more broadly worded, and in many instances have no clear timetable. The actions that are progressing more slowly also tend to involve fundamental changes to institutional culture and practices, and therefore require a continuous, long-term effort. In spite of the slower progress on the older actions, significant advances have been made in several key areas. These include: Fund-wide risk analysis and management; the mainstreaming of macro financial surveillance; training on financial sector topics and macro forecasting; acknowledgement, discussion, and dissemination of information on IMF forecasts; the shift towards increasing reliance on quota resources, relative to borrowing; and the approval of the new Statement of Principles and Best Practices in Self-Evaluation. In addition, the 2015 Staff Survey showed significant improvements in several indicators related to the Fund’s internal culture and institutional values. Overall, management and staff appear committed to ensuring that open actions remain on track. Progress on all open actions will be assessed in future PMRs.

Recurring Issues from a Decade of Evaluation

International Monetary Fund. Independent Evaluation Office
Recurring Issues from a Decade of Evaluation Book PDF

Author : International Monetary Fund. Independent Evaluation Office
Publisher : International Monetary Fund
Page : 61 pages
File Size : 47,9 Mb
Release : 2014-08-21
Category : Business & Economics
ISBN : 9781484376850

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Recurring Issues from a Decade of Evaluation by International Monetary Fund. Independent Evaluation Office Pdf

This report seeks to help the IMF enhance its effectiveness by identifying major recurring issues from the IEO’s first 20 evaluations and assessing where they stand. The IMF’s core areas of responsibility are surveillance, lending, and capacity development. The aim of this report is to strengthen the follow-up process by focusing on key issues that recurred in IEO evaluations, rather than on specific recommendations on their implementation. The IEO believes that a framework of reviewing and monitoring recurring issues would be useful in establishing incentives for progress, strengthening the Board’s oversight, and providing learning opportunities for the IMF.

The IMF and Capacity Development

International Monetary,International Monetary Fund. Independent Evaluation Office
The IMF and Capacity Development Book PDF

Author : International Monetary,International Monetary Fund. Independent Evaluation Office
Publisher : International Monetary Fund
Page : 88 pages
File Size : 51,8 Mb
Release : 2022-10-04
Category : Business & Economics
ISBN : 9798400216909

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The IMF and Capacity Development by International Monetary,International Monetary Fund. Independent Evaluation Office Pdf

Capacity development (CD) is a key function of the IMF, aiming to assist its member countries develop their institutional and human capacity to design and implement sound macroeconomic and financial policies. CD has been provided to all IMF member countries at some point, although it is directed mainly toward low- and middle-income countries. CD represents about one-third of the IMF’s administrative budget, having expanded substantially in the past decade. This evaluation assesses how effective the IMF has been in meeting the CD needs and expectations of recipient countries, and the Fund’s institutional objectives for CD, during 2012-20. It also provides an initial review of how IMF CD adapted to the challenges of the COVID-19 pandemic. The evaluation finds that IMF CD was relevant, valued, and broadly effective. Recipients, donors, and the wider membership saw IMF CD as being of the highest technical quality in the Fund’s core areas of expertise and generally perceived that it had become better tailored to recipient needs and circumstances. Overall, Fund CD has supported member countries in building the institutional capacity, in a very wide range of country circumstances. The IMF has also put substantial effort into integrating CD with surveillance and programs, which has in general enhanced its overall engagement with member countries. While recognizing these achievements, the evaluation also identifies a number of important shortcomings and challenges. The evaluation includes recommendations to enhance the strategic framework for, and prioritization of, CD; information available to Executive Directors and opportunities to exercise their oversight role; the integration of CD with surveillance and programs, particularly in the context of programs; CD ownership and delivery; the monitoring and evaluation framework; the sustainability of the CD funding model; and HR policies and incentives to maintain and develop the expertise in the Fund’s core and newly emerging CD topics.

IEO Evaluation Report

International Monetary Fund. Independent Evaluation Office
IEO Evaluation Report Book PDF

Author : International Monetary Fund. Independent Evaluation Office
Publisher : International Monetary Fund
Page : 20 pages
File Size : 48,8 Mb
Release : 2017-10-05
Category : Business & Economics
ISBN : 9781484313800

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IEO Evaluation Report by International Monetary Fund. Independent Evaluation Office Pdf

This paper analyzes that the IMF has moved beyond its traditional fiscal-centric approach to recognize that social protection can also be macro-critical for broader reasons including social and political stability concerns. Evaluating the IMF’s involvement in social protection is complicated by the fact that there is no standard definition of social protection or of broader/overlapping terms such as social spending and social safeguards in (or outside) the IMF. In this evaluation, social protection is understood to include policies that provide benefits to vulnerable individuals or households. This evaluation found widespread IMF involvement in social protection across countries although the extent of engagement varied. In some cases, engagement was relatively deep, spanning different activities (bilateral surveillance, technical assistance, and/or programs) and involving detailed analysis of distributional impacts, discussion of policy options, active advocacy of social protection, and integration of social protection measures in program design and/or conditionality. This cross-country variation to some degree reflected an appropriate response to country-specific factors, in particular an assessment of whether social protection policy was macrocritical, and the availability of expertise from development partners or in the country itself.

Independent Evaluation Office Annual Report 2017

International Monetary Fund. Independent Evaluation Office
Independent Evaluation Office Annual Report 2017 Book PDF

Author : International Monetary Fund. Independent Evaluation Office
Publisher : International Monetary Fund
Page : 16 pages
File Size : 53,7 Mb
Release : 2017-10-05
Category : Business & Economics
ISBN : 9781484317587

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Independent Evaluation Office Annual Report 2017 by International Monetary Fund. Independent Evaluation Office Pdf

This paper discusses that the Independent Evaluation Office (IEO) has also launched three new evaluations—which will analyze the IMF’s role on fragile states, its financial surveillance activities, and its advice on unconventional monetary policies—and two evaluation updates—which will look into the IMF’s exchange rate policy advice and structural conditionality. The evaluation found that, for the most part, the IMF’s euro area surveillance identified the right issues during the pre-crisis period but did not foresee the magnitude of the risks that would later become paramount. The IMF’s surveillance of the financial regulatory architecture was generally of high quality, but staff, along with most other experts, missed the buildup of banking system risks in some countries. The report found several issues with the way decision making was managed by the IMF. In May 2010, the IMF Executive Board approved a decision to provide exceptional access financing to Greece without seeking preemptive debt restructuring, even though its sovereign debt was not deemed sustainable with a high probability.

The Managing Director’s Global Policy Agenda, Spring Meetings 2020

International Monetary Fund
The Managing Director s Global Policy Agenda Spring Meetings 2020 Book PDF

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 12 pages
File Size : 44,9 Mb
Release : 2020-04-15
Category : Business & Economics
ISBN : 9781513540528

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The Managing Director’s Global Policy Agenda, Spring Meetings 2020 by International Monetary Fund Pdf

Managing Director Kristalina Georgieva’s Global Policy Agenda, Exceptional Times, Exceptional Action, highlights three priorities for policymakers around the world: protect lives, protect livelihoods, and plan for the recovery. She Says “The reality is that anyone’s fight against the #COVID-19 virus is everyone’s fight. More than ever we need global solidarity, a common resolve, and coordinated international efforts. And with so many countries short on resources, we need to give more support to those most in need,”.

IMF Board Endorses Implementation Plan in Response to Institutional Safeguards Review

International Monetary Fund
IMF Board Endorses Implementation Plan in Response to Institutional Safeguards Review Book PDF

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 70 pages
File Size : 52,7 Mb
Release : 2022-12-19
Category : Business & Economics
ISBN : 9798400228308

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IMF Board Endorses Implementation Plan in Response to Institutional Safeguards Review by International Monetary Fund Pdf

IMF Board Endorses Implementation Plan in Response to Institutional Safeguards Review