Resilience And Sustainability Facility Operational Guidance Note

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Resilience and Sustainability Facility—Operational Guidance Note

International Monetary Fund. Strategy, Policy, & Review Department,International Monetary Fund. Finance Dept.,International Monetary Fund. Legal Dept.
Resilience and Sustainability Facility Operational Guidance Note Book PDF

Author : International Monetary Fund. Strategy, Policy, & Review Department,International Monetary Fund. Finance Dept.,International Monetary Fund. Legal Dept.
Publisher : International Monetary Fund
Page : 69 pages
File Size : 53,8 Mb
Release : 2023-11-28
Category : Business & Economics
ISBN : 9798400260766

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Resilience and Sustainability Facility—Operational Guidance Note by International Monetary Fund. Strategy, Policy, & Review Department,International Monetary Fund. Finance Dept.,International Monetary Fund. Legal Dept. Pdf

This note provides general guidance on the operationalization of the Resilience and Sustainability Facility (RSF) for arrangement requests and reviews. The RSF complements the existing IMF lending toolkit by providing longer-term, affordable financing to members to help them address longer-term structural challenges from climate change and pandemic preparedness. The note has benefited from experience gained during early operationalization of the RSF.

Operational Guidance Note On Program Design and Conditionality

International Monetary Fund. Strategy, Policy, & Review Department
Operational Guidance Note On Program Design and Conditionality Book PDF

Author : International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
Page : 179 pages
File Size : 41,8 Mb
Release : 2024-01-30
Category : Business & Economics
ISBN : 9798400264849

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Operational Guidance Note On Program Design and Conditionality by International Monetary Fund. Strategy, Policy, & Review Department Pdf

This note aims to provide guidance on the key principles and considerations underlying the design of Fund-supported programs. The note expands on the previous operational guidance notes on conditionality published over 2003-2014, incorporating lessons from the 2018-19 Review of Conditionality, and other recent key policy developments including the recommendation of the Management’s Implementation Plan in response to Independent Evaluation Office (IEO)’s report on growth and adjustment in IMF-supported programs. The note in particular highlights operational advice to (i) improve the realism of macroeconomic forecast in programs and fostering a more systematic analysis of contingency plans and risks; (ii) improve the focus, depth, implementation, and tailoring of structural conditions (SCs), with due consideration of growth effects; and (iii) help strengthen the ownership of country authorities. Designed as a comprehensive reference and primer on program design and conditionality in an accessible and transparent manner, the note refers in summary to a broad range of economic and policy considerations over the lifecycle of Fund-supported programs. As with all guidance notes, the relevant IMF Executive Board Decisions remain the primary legal authority on matters covered in this note.

Policy Coordination Instrument — Updated Operational Guidance Note

International Monetary Fund. Strategy, Policy, & Review Department,International Monetary Fund. Legal Dept.
Policy Coordination Instrument Updated Operational Guidance Note Book PDF

Author : International Monetary Fund. Strategy, Policy, & Review Department,International Monetary Fund. Legal Dept.
Publisher : International Monetary Fund
Page : 39 pages
File Size : 52,7 Mb
Release : 2024-04-25
Category : Business & Economics
ISBN : 9798400274213

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Policy Coordination Instrument — Updated Operational Guidance Note by International Monetary Fund. Strategy, Policy, & Review Department,International Monetary Fund. Legal Dept. Pdf

This note provides updated general guidance on the use of the Policy Coordination Instrument (PCI). The PCI is a non-financing instrument designed for countries that, at the time of the PCI request, are seeking to unlock financing from sources other than the Fund and/or to demonstrate a commitment to a reform agenda. Since its establishment in 2017 as part of the Fund’s work on the Global Financial Safety Net, the PCI has been used by several members. These experiences helped establish and refine best practices, which are reflected in this updated operational guidance note together with changes to the PCI policy approved by the Executive Board on October 4, 2023. The note covers operational issues in a broad range of areas such as purpose, objectives, eligibility, modalities, applicability of UFR-related and other relevant policies, design of a PCI-supported program, conditionality framework, review schedule , and a comparison with other lending instruments. The note is an aid to the implementation of the PCI policy and its underlying principles. If there is any instance in which a provision of the guidance note or its implementation conflicts with the policy approved by the Board, the PCI policy shall prevail.

Staff-Monitored Programs—Updated Operational Guidance Note

International Monetary Fund. Strategy, Policy, & Review Department,International Monetary Fund. Finance Dept.,International Monetary Fund. Legal Dept.
Staff Monitored Programs Updated Operational Guidance Note Book PDF

Author : International Monetary Fund. Strategy, Policy, & Review Department,International Monetary Fund. Finance Dept.,International Monetary Fund. Legal Dept.
Publisher : International Monetary Fund
Page : 23 pages
File Size : 43,9 Mb
Release : 2022-10-21
Category : Business & Economics
ISBN : 9798400223242

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Staff-Monitored Programs—Updated Operational Guidance Note by International Monetary Fund. Strategy, Policy, & Review Department,International Monetary Fund. Finance Dept.,International Monetary Fund. Legal Dept. Pdf

The note updates and replaces the prior guidance on SMPs, provided in 2003, incorporating changes to the Fund’s lending strategy, and clarifies some operational issues to better guide staff on the use and design of SMPs, while safeguarding even-handed application. Noteworthy changes include clarity on the role of SMPs, specifying the start and end dates of SMPs, clarifying the expected length of SMPs and track record periods, and extensions of SMPs. While many policies are clarified, the principle of flexibility is maintained.

2017 Staff Guidance Note on the Fund's Engagement with Small Developing States

International Monetary Fund. African Dept.,International Monetary Fund. Asia and Pacific Dept,International Monetary Fund. European Dept.,International Monetary Fund. Fiscal Affairs Dept.,International Monetary Fund. Legal Dept.,International Monetary Fund. Middle East and Central Asia Dept.,International Monetary Fund. Monetary and Capital Markets Department,International Monetary Fund. Western Hemisphere Dept.
2017 Staff Guidance Note on the Fund s Engagement with Small Developing States Book PDF

Author : International Monetary Fund. African Dept.,International Monetary Fund. Asia and Pacific Dept,International Monetary Fund. European Dept.,International Monetary Fund. Fiscal Affairs Dept.,International Monetary Fund. Legal Dept.,International Monetary Fund. Middle East and Central Asia Dept.,International Monetary Fund. Monetary and Capital Markets Department,International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
Page : 56 pages
File Size : 44,9 Mb
Release : 2018-01-26
Category : Nature
ISBN : 9781498307215

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2017 Staff Guidance Note on the Fund's Engagement with Small Developing States by International Monetary Fund. African Dept.,International Monetary Fund. Asia and Pacific Dept,International Monetary Fund. European Dept.,International Monetary Fund. Fiscal Affairs Dept.,International Monetary Fund. Legal Dept.,International Monetary Fund. Middle East and Central Asia Dept.,International Monetary Fund. Monetary and Capital Markets Department,International Monetary Fund. Western Hemisphere Dept. Pdf

"This guidance note highlights the unique economic characteristics and constraints facing small developing states. It provides operational guidance on Fund engagement with such countries, including on how small state characteristics might shape Fund surveillance and financial support, program design, capacity building activities, and collaboration with other institutions and donors. The note updates the previous version that was published in May 2014. It incorporates modifications resulting from Board papers and related Executive Board discussions that have taken place since the March 2013 Board papers on small states, which provided the foundations of the original guidance note. Based on these inputs, five key thematic areas (G.R.O.W.TH.) have been identified as central to the policy dialogue: • Growth and job creation. With small states experiencing relatively weak growth since the 1990s, Fund staff working on small states should ensure an explicit focus on growth in both surveillance and program-related work. • Resilience to shocks. Small states experience higher macroeconomic volatility and more frequent natural disasters. Staff should be ready to advise on how to tailor macroeconomic policies to provide greater resilience to shocks and climate change. • Overall competitiveness. Options to improve relative prices may include exchange rate adjustment (where possible) or measures supportive of internal devaluation (if not), and efforts to improve the business climate, including through regional initiatives. • Workable fiscal and debt sustainability options. With many small states having very high debt burdens, reducing debt to manageable levels requires sustained fiscal consolidation with supporting policies and structural reforms. In cases where the amount of adjustment needed to restore debt sustainability is not feasible or adequate financing is not available, debt restructuring may be needed. • Thin financial sectors. Developing deeper and more competitive, yet sound, financial sectors contributes to macroeconomic stability and enhances the effectiveness of policy interventions while strengthening competitiveness by improving business access to financial services."

Staff Guidance Note on the Implementation of the IMF Strategy for Fragile and Conflict-Affected States (FCS)

International Monetary
Staff Guidance Note on the Implementation of the IMF Strategy for Fragile and Conflict Affected States FCS Book PDF

Author : International Monetary
Publisher : International Monetary Fund
Page : 85 pages
File Size : 49,9 Mb
Release : 2023-03-22
Category : Electronic
ISBN : 9798400235337

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Staff Guidance Note on the Implementation of the IMF Strategy for Fragile and Conflict-Affected States (FCS) by International Monetary Pdf

This note provides operational advice and information to help staff implement the IMF Strategy for Fragile and Conflict-Affected States (FCS) approved by the Executive Board on March 9, 2022. Topics covered include (i) the new IMF FCS classification methodology, which is aligned with that of the World Bank; (ii) the preparation of Country Engagement Strategies (CES) that will be rolled out across FCS to ensure that Fund engagement is appropriately tailored to country-specific manifestations of fragility and/or conflict; (iii) advice on tailoring the thematic focus of Article IV consultations and Fund analytics to FCS, as well as on the prioritization, design, and implementation of capacity development (CD) projects in fragile contexts; (iv) guidance on making full use of the flexibilities of the lending toolkit; (v) guidance on engaging in specific FCS situations, including building accountable institutions to exit fragility, cases of rising fragility risks, active conflict, post-conflict, and addressing the impact of external shocks and spillovers; and (v) strengthening partnerships with humanitarian, development, and peace actors, in accordance with the Fund's mandate. Dedicated annexes provide additional information on the CES process, addressing good governance in FCS, program design, and country examples of Fund engagement in FCS.

Barbados

International Monetary Fund. Western Hemisphere Dept.
Barbados Book PDF

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
Page : 180 pages
File Size : 45,8 Mb
Release : 2023-12-20
Category : Business & Economics
ISBN : 9798400264153

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Barbados by International Monetary Fund. Western Hemisphere Dept. Pdf

The authorities are implementing their updated Economic Recovery and Transformation Plan (BERT 2022) and their ambitious climate policy agenda. Barbados has weathered the COVID-19 pandemic and other recent shocks well, amid continued macroeconomic stability. The economy has recovered strongly, driven by a rebound in tourism. The authorities are placing renewed focus on structural reforms with the aim of achieving inclusive and sustainable growth and increasing resilience to climate change while maintaining debt sustainability and social cohesion. Ample international reserves support the exchange rate peg.

Review of the Policy Coordination Instrument and Proposal to Eliminate the Policy Support Instrument

International Monetary Fund. Strategy, Policy, & Review Department
Review of the Policy Coordination Instrument and Proposal to Eliminate the Policy Support Instrument Book PDF

Author : International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
Page : 65 pages
File Size : 43,9 Mb
Release : 2023-10-06
Category : Business & Economics
ISBN : 9798400257193

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Review of the Policy Coordination Instrument and Proposal to Eliminate the Policy Support Instrument by International Monetary Fund. Strategy, Policy, & Review Department Pdf

The Policy Coordination Instrument (PCI) is a non-financial instrument designed to help countries demonstrate commitment to a reform agenda and unlock financing from other sources. Established in 2017, the PCI aims to support countries in designing and implementing a full-fledged macroeconomic program of policies to address imbalances, prevent crises, build buffers, and enhance stability. The PCI enables closer cooperation with the Fund in cases where countries commit to upper-credit tranche (UCT) quality policies and more intensive monitoring. However, at the time of requesting a PCI, such countries must not be seeking financial assistance from the General Resources Account (GRA) and the Poverty Reduction and Growth Trust (PRGT). The design, request, and review process of the PCI are structured based on Fund arrangements, with several design features drawing on the Policy Support Instrument (PSI). Similar to the PSI, the PCI is a form of technical assistance. However, unlike the PSI, which is restricted to PRGT-eligible members, the PCI is available to all member countries.

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 : 55,9 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.

Cameroon

International Monetary Fund. African Dept.
Cameroon Book PDF

Author : International Monetary Fund. African Dept.
Publisher : International Monetary Fund
Page : 102 pages
File Size : 54,6 Mb
Release : 2024-02-22
Category : Business & Economics
ISBN : 9798400268441

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Cameroon by International Monetary Fund. African Dept. Pdf

Climate change presents substantial risks for Cameroon. In addition to being the largest CEMAC economy with ample economic potential and abundant natural resources, Cameroon covers large areas of the Congo Basin rainforest, the second largest in the world. At the same time, the country is a fragile and conflict affected state (FCS), with a range of fragilities, including a high vulnerability to climate change. Climate risks are intensifying in Cameroon, with temperatures progressively rising, and a projected increase in days with heavy precipitation and higher frequency of extreme weather events, such as droughts, landslides, and floods. Climate change poses an imminent threat to livelihoods and could result in significant output losses, while worsening food insecurity and conflicts, and exacerbating poverty, inequality, and population displacements. This underscores the need to strengthen the country’s preparedness and resilience to ensure that climate change impact does not jeopardize human capital accumulation or inclusive growth.

Tajikistan

Asian Development Bank
Tajikistan Book PDF

Author : Asian Development Bank
Publisher : Asian Development Bank
Page : 214 pages
File Size : 43,6 Mb
Release : 2016-06-01
Category : Social Science
ISBN : 9789292575069

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Tajikistan by Asian Development Bank Pdf

The resurgence of conservative patriarchal values in Tajikistan have led to the rise of early marriages and polygamy, compromising women’s and girls’ opportunities to realize their full potential to live quality lives, and have deterred women from fully participating in and benefitting from development. This country gender assessment report re-examines the gender equality situation in the country, identifies critical gender issues such as gender-based barriers to economic opportunities, social services, and to leadership and decision-making posts. The report also provides sector-specific gender analyses and identifies entry points for mainstreaming gender in agriculture and natural resources, education, energy, entrepreneurship and SME development, and transport.

WHO guidance for climate-resilient and environmentally sustainable health care facilities

World Health Organization
WHO guidance for climate resilient and environmentally sustainable health care facilities Book PDF

Author : World Health Organization
Publisher : World Health Organization
Page : 92 pages
File Size : 43,7 Mb
Release : 2020-10-31
Category : Medical
ISBN : 9789240012226

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WHO guidance for climate-resilient and environmentally sustainable health care facilities by World Health Organization Pdf

The aim of this guidance is to enhance the capacity of health care facilities to protect and improve the health of their target communities in an unstable and changing climate; and to empower health care facilities to be environmentally sustainable, by optimizing the use of resources and minimizing the release of waste into the environment. This document aims to: - Guide professionals working in health care settings to understand and effectively prepare for the additional health risks posed by climate change. - Strengthen capacity to effectively conduct surveillance of climate-related diseases; and monitor, anticipate, manage and adapt to the health risks associated with climate change. - Guide health care facility officials to work with health determining sectors (including water and sanitation, energy, transportation, food, urban planning, environment; - Provide tools to assist health care facility officials assess their resilience to climate change threats etc. - Promote actions to ensure that health care facilities are constantly and increasingly strengthened and continue to be efficient and responsive to improve health, and contribute to reducing inequities and vulnerability within their local settings. The targeted audience is health care facilities and health care and public health agents.

Bangladesh

International Monetary Fund. Asia and Pacific Dept
Bangladesh Book PDF

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 127 pages
File Size : 45,6 Mb
Release : 2023-12-14
Category : Business & Economics
ISBN : 9798400260315

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Bangladesh by International Monetary Fund. Asia and Pacific Dept Pdf

Bangladesh is navigating multi-faceted economic challenges. Russia’s war in Ukraine disrupted the strong economic recovery from the COVID-19 pandemic and threatened macroeconomic stability. Continued global financial tightening, coupled with existing vulnerabilities, has challenged near-term macroeconomic management. On the back of import compression, the current account deficit narrowed considerably. Nevertheless, amid an unprecedented reversal of the financial account, the overall balance of payments has deteriorated, leading to a continuous decline in foreign exchange reserves. Recent developments have underscored the need to expedite long-standing structural reforms to put the economy on an inclusive and green growth path.

Guidance Note for Surveillance Under Article IV Consultations

International Monetary Fund
Guidance Note for Surveillance Under Article IV Consultations Book PDF

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 57 pages
File Size : 49,8 Mb
Release : 2015-03-20
Category : Business & Economics
ISBN : 9781498344845

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Guidance Note for Surveillance Under Article IV Consultations by International Monetary Fund Pdf

This note provides country teams with guidance on bilateral and multilateral surveillance in the context of Article IV consultations. It covers the following issues: Focus on stability. Stability is the organizing principle of surveillance. Article IV consultations should focus on the conduct of economic and financial policies pursued by members to promote present and prospective domestic and balance of payments stability, as well as global economic and financial stability. For the latter, Article IV consultations should discuss spillovers from members’ economic and financial policies that may significantly affect global stability, including alternative policy options that would minimize their adverse impact. Operational guidance. The note provides detailed guidance, suggestions and references in areas covered in surveillance including risks and spillovers, fiscal policy, macrofinancial and monetary policy, BOP stability, structural policies and data issues. Communication and Engagement. Effective two-way communication is key to surveillance, including with the authorities (to help staff’s advice get traction), the Executive Board (to support effective peer review), and the public and other stakeholders (to gain support for necessary policy adjustments). Surveillance messages need to be clear, concise, and focused. The Fund needs to be evenhanded, in line with the principle of uniformity of treatment, for surveillance to command the confidence of the membership. Process and formal requirements. A number of procedures, rules, and requirements are summarized in this note.

Gender Tool Kit: Micro, Small, and Medium-Sized Enterprise Finance and Development

Asian Development Bank
Gender Tool Kit Micro Small and Medium Sized Enterprise Finance and Development Book PDF

Author : Asian Development Bank
Publisher : Asian Development Bank
Page : 142 pages
File Size : 42,8 Mb
Release : 2014-03-01
Category : Social Science
ISBN : 9789292544379

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Gender Tool Kit: Micro, Small, and Medium-Sized Enterprise Finance and Development by Asian Development Bank Pdf

This tool kit is to help staff and consultants of the Asian Development Bank (ADB) conceptualize and design gender-responsive public policy and projects in the micro, small, and medium-sized enterprise sector. It guides users in the design of project and program outputs, activities, inputs, indicators, and targets to respond to gender issues in micro, small, and medium-sized enterprise development and finance operations. ADB staff can use the tool kit to identify social and gender issues to be documented in the initial poverty and social analysis during the concept phase. Consultants can use it to carry out more detailed social and gender analysis during the project preparatory technical assistance or detailed design or due diligence phase. It should be noted that the tool kit is not meant to be prescriptive. Rather, it offers a menu of entry points that the project team can choose from.