Staff Guidance Note On The Implementation Of The Imf Strategy For Fragile And Conflict Affected States

Author : International Monetary
Publisher : International Monetary Fund
Page : 85 pages
File Size : 55,8 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.

Author : International Monetary Fund.
Publisher : Unknown
Page : 0 pages
File Size : 53,8 Mb
Release : 2023
Category : Electronic
ISBN : OCLC:1405279817

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Staff Guidance Note on The Implementation of The IMF Strategy for Fragile and Conflict-Affected States by International Monetary Fund. Pdf

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 63 pages
File Size : 48,5 Mb
Release : 2022-03-14
Category : Business & Economics
ISBN : 9798400201820

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The IMF Strategy for Fragile and Conflict-Affected States by International Monetary Fund Pdf

This paper proposes a comprehensive Strategy to strengthen IMF support to FCS in accordance with the Fund’s mandate and comparative advantage. The Strategy is a response to the Board-endorsed recommendations of the 2018 Independent Evaluation Office (IEO) Report on The IMF and Fragile States. To achieve these goals, the Strategy will benefit from additional resources reflected in the FY23-25 Medium-Term Budget, as per the budget augmentation framework discussed by the Board in December 2021. The Strategy also provides measures to better support staff working on FCS. Given the inherent risks in FCS engagement, the Strategy will be phased in starting in FY22, with implementation gradually accelerating between FY23-FY25.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 39 pages
File Size : 48,7 Mb
Release : 2012-04-25
Category : Business & Economics
ISBN : 9781498340588

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Staff Guidance Note on the Fund’s Engagement with Countries in Fragile Situations by International Monetary Fund Pdf

This note aims to provide country teams with broad guidance on engagement with countries in fragile situations. The aim of the guidance note is to help staff maintain focus on issues specific to countries in fragile situations. While engagement should focus on the issues and principles laid out in the note, there is, of course, scope for staff to tailor engagement to country specific circumstances beyond proposed practices.

Author : International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
Page : 179 pages
File Size : 49,5 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.

Author : International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
Page : 18 pages
File Size : 45,7 Mb
Release : 2018-10-04
Category : Business & Economics
ISBN : 9781498310031

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Implementation Plan in Response to the Board-Endorsed Recommendations for the IEO Evaluation Report—"The IMF and Fragile States" by International Monetary Fund. Strategy, Policy, & Review Department Pdf

"This management implementation plan (MIP) proposes actions to advance the Board-endorsed recommendations of the IEO evaluation “The IMF and Fragile States.” The actions outlined below would have resource implications. While some can be covered by reallocating resources or are already in the Work Program, others may require temporary funding; a review of staffing allocations to countries in fragile and conflict situations (FCS) might call for new permanent resources. The actions are broad in scope and self-reinforcing in effect if adopted as a package. They include: - Message of high-level commitment: Reflecting the actions of this MIP, a Management statement underscoring a strengthened institutional commitment to support FCS accompanies the MIP for Executive Board and IMFC endorsement. - An effective institutional mechanism: A high-level interdepartmental FCS Committee that reports to and seeks guidance in a formal meeting with management twice a year, will be established. The Committee will be tasked to analyze internal and external coordination issues in FCS and propose new ways tostrengthen engagement. An interdepartmental Technical Taskforce will support the Committee and report on progress in implementing this MIP, including through a Board paper on Review of FCS Engagement at end-2020. - Country engagement strategies: FCS teams will develop country engagement strategies that, drawing on relevant external expertise, will explicitly allow for thesocial and political context and the factors underpinning fragility; and lay the basis for full integration of capacity development (CD) with surveillance and lending. - Providing more sustained financial support: Staff is reviewing the lending toolkit for low-income countries to provide more tailored and flexible support, including for FCS, while ensuring uniformity of treatment. Staff will report on efforts to support FCS with protracted arrears to the Fund in the upcoming reviews of overdue financial obligations. - Practical steps to increase the impact of its CD support: Measures already in train will be complemented by the forthcoming Capacity Development (CD) Strategy Review’s assessment of initiatives to better integrate CD and Surveillance, including in FCS. Staff will also review the experience with provision of statistical and financial CD in FCS. And consideration will be given to establishing a FCS multi-donor trust fund or another suitable financing vehicle to address unmet needs for long-term experts. - Human Resources (HR) issues: The forthcoming phase of the HR Strategy will look into strategic workforce and career planning, including recruitment, and will consider actions to ensure that the Fund has appropriate staff expertise and experience to work effectively in fragile states. This will include the introduction of a “career” playbook that provides incentives for staff to be more responsive to the needs of the Fund in FCS. Adequacy of staffing allocations to FCS missions will be reviewed to ensure evenhanded treatment of the membership. Staff training on FCS will also be stepped up."

Author : International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
Page : 191 pages
File Size : 48,7 Mb
Release : 2023-04-21
Category : Business & Economics
ISBN : 9798400242427

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2023 Handbook of IMF Facilities for Low-Income Countries by International Monetary Fund. Strategy, Policy, & Review Department Pdf

This Handbook provides guidance to staff on the IMF’s concessional financial facilities and non-financial instruments for low-income countries (LICs), defined here as all countries eligible to obtain concessional financing from the Fund. It updates the previous version of the Handbook that was published in December 2017 (IMF, 2017e) by incorporating modifications resulting from the 2018–19 Review of Facilities for Low-Income Countries and Review of the Financing of the Fund’s Concessional Assistance and Debt Relief to Low-Income Member Countries (IMF, 2019a, b), approved by the Board in May 2019; the reforms introduced in 2021 on the basis of the Board paper Fund Concessional Financial Support for Low-Income Countries—Responding to the Pandemic (IMF, 2021a), approved in July 2021; and a number of other recent Board papers. Designed as a comprehensive reference tool for program work on LICs, the Handbook also refers, in summary form, to a range of relevant policies that apply more generally to IMF members. As with all guidance notes, the relevant IMF Executive Board decisions including the terms of the various LIC Trust Instruments that have been adopted by the Board, remain the primary legal authority on the matters covered in the Handbook.

Author : International Monetary Fund. Institute for Capacity Development
Publisher : International Monetary Fund
Page : 147 pages
File Size : 54,5 Mb
Release : 2024-04-09
Category : Business & Economics
ISBN : 9798400271502

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Review of The Fund’s Capacity Development Strategy—Background Papers by International Monetary Fund. Institute for Capacity Development Pdf

This supplement includes five background papers and provides background information on various aspects of capacity development (CD) for the main Board paper, Review of the Fund’s Capacity Development Strategy—Towards a More Flexible, Integrated, and Tailored Model. It is divided into five sections, each consisting of a different background paper. The five sections cover (1) CD Delivery Modalities; (2) Evaluation and Impact; (3) Regional Capacity Development Centers and Field Presence; (4) HR Policies; and (5) Mapping the Fund’s Position vis-à-vis Other CD Providers.

Author : Tohid Atashbar
Publisher : International Monetary Fund
Page : 36 pages
File Size : 46,9 Mb
Release : 2023-08-11
Category : Business & Economics
ISBN : 9798400252242

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How Nations Become Fragile: An AI-Augmented Bird’s-Eye View (with a Case Study of South Sudan) by Tohid Atashbar Pdf

In this study we introduce and apply a set of machine learning and artificial intelligence techniques to analyze multi-dimensional fragility-related data. Our analysis of the fragility data collected by the OECD for its States of Fragility index showed that the use of such techniques could provide further insights into the non-linear relationships and diverse drivers of state fragility, highlighting the importance of a nuanced and context-specific approach to understanding and addressing this multi-aspect issue. We also applied the methodology used in this paper to South Sudan, one of the most fragile countries in the world to analyze the dynamics behind the different aspects of fragility over time. The results could be used to improve the Fund’s country engagement strategy (CES) and efforts at the country.

Author : International Monetary,International Monetary Fund. Strategy, Policy, & Review Department,World Bank
Publisher : International Monetary Fund
Page : 24 pages
File Size : 50,7 Mb
Release : 2022-02-28
Category : Business & Economics
ISBN : 9798400204883

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Guidance Note on Information Sharing Between IMF and World Bank Staff by International Monetary,International Monetary Fund. Strategy, Policy, & Review Department,World Bank Pdf

This Guidance Note outlines good practices on information-sharing across key areas in which the Bank and the IMF interact. The note outlines general principles consistent with these frameworks and discusses how the staffs of the two institutions are expected to exchange information related to country operations, technical assistance, and policy work.

Author : International Monetary Fund. Secretary's Department
Publisher : International Monetary Fund
Page : 77 pages
File Size : 47,9 Mb
Release : 2023-09-28
Category : Business & Economics
ISBN : 9798400238918

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International Monetary Fund Annual Report 2023 by International Monetary Fund. Secretary's Department Pdf

The 2023 IMF Annual Report highlights the IMF’s work to support its members to address successive shocks, including Russia’s war on Ukraine, inflation, debt vulnerabilities, inequality food insecurity, geoeconomic fragmentation, climate change, and digitalization. In FY 2023, the Fund continued to support its members in our three core areas: 1) Economic surveillance: 126 country health checks completed.2) Lending: $74 billion to 36 countries, including about $11 billion to 21 low-income countries, for a total of $294 billion to 96 countries since the start of the pandemic. 3) Capacity development: $337 million for hands-on technical advice, policy-oriented training, and peer learning. The report is also available in Arabic, Chinese, French, German, Japanese, Portuguese, Russian, and Spanish. Note: The 2023 IMF Annual Report covers the activities of the Executive Board and IMF management and staff during the financial year May 1, 2022, through April 30, 2023, and in some cases more recently. Background: The Annual Report website includes the IMF’s financial statements for FY 2023 and other background documentation. The Annual Report and the financial statements are also available online at www.imfbookstore.org or www.elibrary.IMF.org

Author : International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
Page : 54 pages
File Size : 42,8 Mb
Release : 2024-01-12
Category : Business & Economics
ISBN : 9798400263507

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Interim Guidance Note on Mainstreaming Gender at The IMF by International Monetary Fund. Strategy, Policy, & Review Department Pdf

This interim note provides general guidance on the operationalization of the IMF’s Strategy Toward Mainstreaming Gender. It offers a comprehensive overview of how IMF staff can integrate macrocritical gender issues into the IMF’s core areas of surveillance, lending, and capacity development. Key topics include i) identifying and assessing macrocritical gender gaps; ii) the “light touch” and “deep dive” approaches; iii) early insights on integrating gender into IMF-supported programs; iv) capacity development on gender or with a gender lens; v) synergies with other workstreams and vi) the importance of collaboration. It also includes summaries and links to relevant tools, databases, IMF staff reports, and relevant literature.

Author : International Monetary,International Monetary Fund. Fiscal Affairs Dept.,International Monetary Fund. Legal Dept.,International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
Page : 199 pages
File Size : 45,6 Mb
Release : 2023-04-11
Category : Business & Economics
ISBN : 9798400238017

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Review of Implementation of The 2018 Framework for Enhanced Fund Engagement on Governance by International Monetary,International Monetary Fund. Fiscal Affairs Dept.,International Monetary Fund. Legal Dept.,International Monetary Fund. Strategy, Policy, & Review Department Pdf

This paper reviews the implementation of the “2018 Framework for Enhanced Fund Engagement on Governance” (the “2018 Governance Framework”). The Board adopted the 2018 Governance Framework to promote a more systematic, effective, candid, and evenhanded engagement with member countries regarding corruption of macro critical dimensions and governance vulnerabilities that allow corruption. Building upon various sources of information, including surveys with key stakeholders, the paper provides a comprehensive stocktaking of the Fund’s work in governance and corruption since 2018, and makes specific proposals to further improve implementation of the Framework.

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 : 47,8 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.

Author : International Monetary Fund. Institute for Capacity Development
Publisher : International Monetary Fund
Page : 81 pages
File Size : 40,9 Mb
Release : 2024-04-09
Category : Business & Economics
ISBN : 9798400270697

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Review of the Fund’s Capacity Development Strategy—Towards a More Flexible, Integrated, and Tailored Model by International Monetary Fund. Institute for Capacity Development Pdf

Capacity Development (CD), comprising technical assistance and training, fosters economic development by improving human capital and institutions in member countries. Every five years, the IMF reviews its CD Strategy to ensure that CD continues to be of high quality and well-focused on the needs of its members. This review calls for CD to become more flexible, integrated with the Fund’s policy advice and lending, and tailored to respond to member needs. The review benefitted from the recent independent evaluation of the Fund’s CD and a wide range of inputs, including internal and external consultations, surveys of recipients and development partners, staff background studies and recommendations of an External Advisory Group. The vision for CD is informed by the Fund’s comparative advantages and surveillance priorities. The proposals of the current review center around the six key areas: (1) strengthening CD prioritization and integration; (2) enhancing the funding model; (3) strengthening monitoring and evaluation; (4) modernizing modalities; (5) enhancing field presence; and (5) strengthening human resources policies for staff working on CD.