Review of Ex Post Assessments and Issues Relating to the Policy on Longer-Term Program Engagement

Review of Ex Post Assessments and Issues Relating to the Policy on Longer-Term Program Engagement PDF Author: International Monetary Fund. Policy Development and Review Dept.
Publisher: International Monetary Fund
ISBN: 1498332900
Category : Business & Economics
Languages : en
Pages : 53

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Book Description
This review assesses the experience gained to date in carrying out the longer-term program engagement (LTPE) policy and preparing the ex post assessments (EPAs). It discusses the main characteristics of LTPE members and the findings of the EPAs, analyzes the role of the EPAs in the Fund’s due diligence, and provides recommendations for improving their effectiveness.

Review of Ex Post Assessments and Issues Relating to the Policy on Longer-Term Program Engagement

Review of Ex Post Assessments and Issues Relating to the Policy on Longer-Term Program Engagement PDF Author: International Monetary Fund. Policy Development and Review Dept.
Publisher: International Monetary Fund
ISBN: 1498332900
Category : Business & Economics
Languages : en
Pages : 53

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Book Description
This review assesses the experience gained to date in carrying out the longer-term program engagement (LTPE) policy and preparing the ex post assessments (EPAs). It discusses the main characteristics of LTPE members and the findings of the EPAs, analyzes the role of the EPAs in the Fund’s due diligence, and provides recommendations for improving their effectiveness.

Report on the Incidence of Longer-Term Program Engagement

Report on the Incidence of Longer-Term Program Engagement PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498342779
Category : Business & Economics
Languages : en
Pages : 5

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Book Description
Longer-term program engagement (LTPE) occurs when a member has spent at least seven of the past 10 years under Fund-supported financial arrangements. In response to the Executive Board’s request for periodic updates on the incidence of LTPEs, this is the fifteenth such report and provides information through September 1, 2014

Report on the Incidence of Longer-Term Program Engagement

Report on the Incidence of Longer-Term Program Engagement PDF Author: International Monetary Fund. Strategy, Policy, & Review Department
Publisher: International Monetary Fund
ISBN: 1498338755
Category : Business & Economics
Languages : en
Pages : 5

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Book Description
Longer-term program engagement (LTPE) occurs when a member has spent at least seven of the past 10 years under Fund-supported financial arrangements. In response to the Executive Board’s request for periodic updates on the incidence of LTPEs, this is the twelfth such report and provides information through June 22, 2011.

Ex Post Assessments of Members with a Longer-Term Program Engagement—Revised Guidance Note

Ex Post Assessments of Members with a Longer-Term Program Engagement—Revised Guidance Note PDF Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
ISBN: 1498337805
Category : Business & Economics
Languages : en
Pages : 8

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Book Description
Financial sector issues and policies are central to the Fund’s surveillance mission, as the recent crisis has amply demonstrated, and the institution has placed a high priority on enhancing the coverage and depth of analysis of financial sector issues in surveillance. Achieving this goal requires far-reaching operational and resource adjustments, which are already underway. However, these alone may not be enough. Changes in the Fund’s mandate and modalities of surveillance may also be needed. A key goal of these changes should be to strengthen multilateral surveillance. New analytical tools and effective forms of engagement at the global level are crucial for financial surveillance, given an increasingly interconnected and globalized international financial system. At the same time, financial surveillance at the country level should also be strengthened and become a central part of the Article IV consultation process.

2023 Handbook of IMF Facilities for Low-Income Countries

2023 Handbook of IMF Facilities for Low-Income Countries PDF Author: International Monetary Fund. Strategy, Policy, & Review Department
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 191

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Book Description
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.

Kyrgyz Republic - Ex Post Assessment of Longer-Term Program Engagement

Kyrgyz Republic - Ex Post Assessment of Longer-Term Program Engagement PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498339220
Category : Business & Economics
Languages : en
Pages : 23

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Book Description
This report reviews the Kyrgyz Republic’s economic performance under Fund-supported programs from early 2005 to mid-2010. Two Fund-supported programs are assessed: the March 2005 Poverty Reduction and Growth Facility (PRGF, which expired in May 2008), and the December 2008 Exogenous Shock Facility (ESF, which expired in June 2010). Earlier Fund-supported programs were discussed in the Kyrgyz Republic’s first Ex Post Assessment (EPA), which was completed in November 2004. The assessment does not cover performance under the Rapid Credit Facility (RCF), which was approved by the Executive Board on September 15, 2010.

Handbook of IMF Facilities for Low-Income Countries

Handbook of IMF Facilities for Low-Income Countries PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 149834075X
Category : Business & Economics
Languages : en
Pages : 168

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Book Description
The Fund’s concessional facilities are aimed at providing flexible and tailored support to low-income countries (LICs) in their efforts to achieve, maintain, or restore a stable and sustainable macroeconomic position consistent with strong and durable poverty reduction and growth.

2011 Review of Conditionality - Design of Fund-Supported Programs

2011 Review of Conditionality - Design of Fund-Supported Programs PDF Author: International Monetary Fund. Strategy, Policy, & Review Department
Publisher: International Monetary Fund
ISBN: 1498340407
Category : Business & Economics
Languages : en
Pages : 72

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Book Description
Design of Fund-supported programs aims to address country specific needs while remaining even-handed and consistent with Fund policy. This paper examines the extent to which program design and conditionality have been appropriate in pursuing these goals, by seeking to answer several questions: has program design been consistent and evenhanded; has it addressed country specific needs and objectives appropriately; has it been based on reasonably good macroeconomic projections; and has it been flexible in the face of evolving country circumstances. The description and analysis focuses on the period between 2006 and September 2011, with some attention to the 2002-05 period.

2017 Handbook of IMF Facilities for Low-Income Countries

2017 Handbook of IMF Facilities for Low-Income Countries PDF Author: International Monetary Fund. Strategy, Policy, & Review Department
Publisher: International Monetary Fund
ISBN: 1498346235
Category : Business & Economics
Languages : en
Pages : 190

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Book Description
This Handbook provides guidance to staff on the 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 February 2016 (IMF, 2016d) by incorporating modifications resulting from Board papers and related decisions since that time, including Financing for Development—Enhancing the Financial Safety Net for Developing Countries—Further Considerations (IMF, 2016c), Review of Poverty Reduction and Growth Trust – Review of Interest Rate Structure (IMF, 2016b), Eligibility to Use the Fund’s Facilities for Concessional Financing (IMF, 2017a), Large Natural Disasters—Enhancing the Financial Safety Net for Developing Countries (IMF, 2017b) and Adequacy of the Global Financial Safety Net – Proposal for a New Policy Coordination Instrument (IMF, 2017c). 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 sole legal authority on the matters covered in the Handbook

Ukraine

Ukraine PDF Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 148434037X
Category : Business & Economics
Languages : en
Pages : 126

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Book Description
This paper discusses Ukraine’s Request for a Stand-by Arrangement. Ukraine’s economy had been in recession since mid-2012. Inconsistent macroeconomic policies pursued in 2012–2013 aggravated deep-seated vulnerabilities and eventually generated a balance-of-payment crisis. Key objectives of the authorities’ program are to restore macroeconomic stability, strengthen economic governance and transparency, and lay the foundation for robust and balanced economic growth. To achieve these objectives, the government will implement immediate measures aimed at securing stability, combined with deeper reforms to achieve and sustain external sustainability, ensure financial stability, restore sound public finances, rationalize the energy sector, and improve the business environment.