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Supplement to the Guidance Note for Surveillance Under Article IV Consultations »

Source: Supplement to the Guidance Note for Surveillance Under Article IV Consultations

Volume/Issue: 2021/004

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2021

ISBN: 9781513568676

Keywords: Financial Sector Assessment Program, Debt sustainability, External debt, Debt sustainability analysis, Public debt, PP, sustainability assessment, ESR country, ESR template

This note provides updated guidance to country teams on bilateral surveillance in the context of Article IV consultations in light of the COVID crisis. This guidance impacts the focus, format and presentation of st...

New

IMF Executive Board Reviews IMF Debt Sustainability Framework for Market Access Countries »

Source: Review of The Debt Sustainability Framework For Market Access Countries

Volume/Issue: 2021/003

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 February 2021

ISBN: 9781513568324

A careful review has revealed significant scope to modernize and better align the MAC DSA with its objectives and the IMF's lending framework. This note proposes replacing the current framework with a new methodolo...

New

IMF Policy Paper: Review of the Debt Sustainability Framework for Market Access Countries »

Source: Review of The Debt Sustainability Framework For Market Access Countries

Volume/Issue: 2021/003

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 February 2021

ISBN: 9781513568324

A careful review has revealed significant scope to modernize and better align the MAC DSA with its objectives and the IMF's lending framework. This note proposes replacing the current framework with a new methodolo...

New

Review of the Debt Sustainability Framework for Market Access Countries—Annexes »

Source: Review of The Debt Sustainability Framework For Market Access Countries

Volume/Issue: 2021/003

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 February 2021

ISBN: 9781513568324

A careful review has revealed significant scope to modernize and better align the MAC DSA with its objectives and the IMF's lending framework. This note proposes replacing the current framework with a new methodolo...

Statement by the Managing Director on the Work Program of the Executive Board Executive Board Meeting: December 10, 2020 »

Source: Statement by the Managing Director on the Work Program of the Executive Board Executive Board Meeting: December 10, 2020

Volume/Issue: 2021/001

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 January 2021

ISBN: 9781513566542

As the COVID-19 crisis continues to unfold, uncertainty remains exceptionally high. The Fund has provided extraordinary financial support as well as timely analysis and policy advice during the first phase of the c...

Update on the Joint IMF-WB Multipronged Approach to Address Debt Vulnerabilities »

Source: Update on the Joint IMF-WB Multipronged Approach to Address Debt Vulnerabilities

Volume: 20

Series: Policy Papers

Author(s): World Bank;International Monetary Fund. Strategy, Policy, & Review Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 December 2020

ISBN: 9781513563619

Keywords: Public debt, Government debt management, Debt sustainability analysis, Fiscal risks, Debt sustainability, PP, debt transparency, IMF-WB CD work, debt vulnerability, WB QPSD database

Amid rising debt risks in low-income developing countries and emerging markets, the IMF and the WB have been implementing a multipronged approach (MPA) to address debt vulnerabilities. Amplification of debt risks o...

Economic Prospects and Policy Challenges for the GCC Countries »

Source: Economic Prospects and Policy Challenges for the GCC Countries

Volume/Issue: 2020/065

Series: Policy Papers

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 December 2020

ISBN: 9781513563572

Keywords: Oil prices, Fiscal policy, COVID-19 , Fiscal consolidation, Oil, PP, GCC country, IMF staff calculation, GCC authorities, labor market

The COVID-19 pandemic is having far-reaching consequences for the global economy. Measures to contain the spread of the virus have led to sharp declines in economic activity across the globe, particularly in 2020Q2...

The Fund's Income Position For FY 2020 -- Actual Outcome »

Source: The Fund's Income Position For FY 2020 -- Actual Outcome

Volume/Issue: 2020/064

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 2020

ISBN: 9781513563312

Keywords: Personal income, Budget planning and preparation, Financial statements, Exchange rates, Discount rates, PP, SDR billion, SDR millions, Fixed-Income Subaccount, about SDR

This paper reports on the Fund's income position for FY 2020 following the closing of the Fund's accounts for the financial year and completion of the external audit. Net operational income was about SDR 1.4 billio...

Poverty Reduction and Growth Trust—2020 Borrowing Agreements with the National Bank of Belgium, Banco Central do Brasil, Banque de France, the Government of Japan, de Nederlandsche Bank NV, the Norwegian Ministry of Finance Representing the Kingdom of Norway, the Bank of Spain, the Sveriges Riksbank and the Government of the United Kingdom »

Source: Poverty Reduction And Growth Trust - 2020 Borrowing Agreements With The National Bank Of Belgium, Banco Central Do Brasil, Banque De France, The Government Of Japan, De Nederlandsche Bank NV, The Norwegian Ministry Of Finance Representing The Kingdom Of Norway, The Bank Of Spain, The Sveriges Riksbank And The Government Of The United Kingdom

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 October 2020

ISBN: 9781513559643

This paper presents the first set of Poverty Reduction and Growth Trust (PRGT) borrowing agreements that have been signed to respond to the unprecedented demand for concessional financing during the COVID-19 pandem...

Digital Money Across Borders: Macro-financial Implications »

Source: Digital Money Across Borders: Macro-Financial Implications

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund. Monetary and Capital Markets Department;International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Legal Dept.;International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 October 2020

ISBN: 9781513559209

Rapid ongoing progress with digital technologies has increased the prospects for adoption of new forms of digital money for both domestic and international transactions. These include central bank digital currencie...

Development Committee: The Managing Director’s Written Statement »

Source: Development Committee: The Managing Director's Written Statement October 2020

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 October 2020

ISBN: 9781513559094

The global economy is embarking on a lengthy path to recovery with modest growth expected for 2021, after a severe contraction this year. The global forecast is subject to unusually large risks. Emerging markets an...

The Managing Director’s Global Policy Agenda, Annual Meetings 2020 »

Source: The Managing Director's Global Policy Agenda, Annual Meetings 2020 : Catalyzing a Resilient Recovery

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 October 2020

ISBN: 9781513559032

The global economic outlook is improving, but the recovery is partial, uneven, and uncertain. Policies must restore confidence, support jobs, and boost growth. Now is the time to also build a more resilient future....

Progress Report to The IMFC On the Activities Of The Independent Evaluation Office Of The IMF: October 9, 2020 »

Source: Progress Report to The IMFC On the Activities Of The Independent Evaluation Office Of The IMF : October 9, 2020

Volume: 2020

Series: Policy Papers

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 October 2020

ISBN: 9781513559063

The IEO is advancing its work program while adapting to the challenges from the COVID-19 pandemic. While evaluation is not part of the frontline response that has dominated IMF activity over the past six months, in...

IMF Executive Board Discusses Paper “Toward an Integrated Policy Framework” »

Source: Toward an Integrated Policy Framework

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 October 2020

ISBN: 9781513558769

Policymakers often face difficult tradeoffs in pursuing domestic and external stabilization objectives. The paper reflects staff's work to advance the understanding of the policy options and tradeoffs available to...

Toward an Integrated Policy Framework »

Source: Toward an Integrated Policy Framework

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 October 2020

ISBN: 9781513558769

Policymakers often face difficult tradeoffs in pursuing domestic and external stabilization objectives. The paper reflects staff's work to advance the understanding of the policy options and tradeoffs available to...

Catastrophe Containment and Relief Trust---Second Tranche of Debt Service Relief in the Context of the Covid-19 Pandemic »

Source: Catastrophe Containment and Relief Trust-Second Tranche Of Debt Service Relief In The Context Of The COVID-19 Pandemic

Volume: 2020

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 October 2020

ISBN: 9781513558691

Keywords: Debt relief, Debt service, COVID-19 , Debt financing, Health, PP, fig fig-type, tranche, SDR, CCRT debt service relief

This paper proposes that the Executive Board approve the disbursement of a second 6-month tranche of CCRT debt service relief to 28 of the 29 members, covering the period October 14, 2020 through April 13, 2021, gi...

Catastrophe Containment and Relief Trust—Second Tranche of Debt Service Relief in the Context of the COVID-19 Pandemic—Supplementary Information »

Source: Catastrophe Containment and Relief Trust-Second Tranche Of Debt Service Relief In The Context Of The COVID-19 Pandemic

Volume: 2020

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 October 2020

ISBN: 9781513558691

Keywords: Debt relief, Debt service, COVID-19 , Debt financing, Health, PP, fig fig-type, tranche, SDR, CCRT debt service relief

This paper proposes that the Executive Board approve the disbursement of a second 6-month tranche of CCRT debt service relief to 28 of the 29 members, covering the period October 14, 2020 through April 13, 2021, gi...

IMF Executive Board Approves the Extension of Increased Access Limits Under the Rapid Credit Facility and Rapid Financing Instrument »

Source: Review of Enhanced Access Limits Under the Rapid Credit Facility and Rapid Financing Instrument

Volume: 2020

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 October 2020

ISBN: 9781513558646

Keywords: Emergency assistance, Balance of payments need, External audit, Credit, Corruption, PP, financing, emergency financing instrument, xref id, HA procedure

The temporary increase in access limits under IMF emergency financing instruments will expire on October 5, 2020, unless extended. Access limits under emergency instruments (the Rapid Credit Facility (RCF) and Rapi...

The IMF Executive Board Extends Immediate Debt Service Relief for 28 Eligible Low-Income Countries for Another Six Months »

Source: Catastrophe Containment and Relief Trust-Second Tranche Of Debt Service Relief In The Context Of The COVID-19 Pandemic

Volume: 2020

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 October 2020

ISBN: 9781513558691

Keywords: Debt relief, Debt service, COVID-19 , Debt financing, Health, PP, fig fig-type, tranche, SDR, CCRT debt service relief

This paper proposes that the Executive Board approve the disbursement of a second 6-month tranche of CCRT debt service relief to 28 of the 29 members, covering the period October 14, 2020 through April 13, 2021, gi...

Review of Enhanced Access Limits under the Rapid Credit Facility and Rapid Financing Instrument »

Source: Review of Enhanced Access Limits Under the Rapid Credit Facility and Rapid Financing Instrument

Volume: 2020

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 October 2020

ISBN: 9781513558646

Keywords: Emergency assistance, Balance of payments need, External audit, Credit, Corruption, PP, financing, emergency financing instrument, xref id, HA procedure

The temporary increase in access limits under IMF emergency financing instruments will expire on October 5, 2020, unless extended. Access limits under emergency instruments (the Rapid Credit Facility (RCF) and Rapi...

The Review of Enhanced Access Limits under the Rapid Credit Facility and Rapid Financing Instrument—Extending Suspension of High Access Procedures for Financing Requests under the Rapid Credit Facility to April 6, 2021—Supplementary Information »

Source: Review of Enhanced Access Limits Under the Rapid Credit Facility and Rapid Financing Instrument

Volume: 2020

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 October 2020

ISBN: 9781513558646

Keywords: Emergency assistance, Balance of payments need, External audit, Credit, Corruption, PP, financing, emergency financing instrument, xref id, HA procedure

The temporary increase in access limits under IMF emergency financing instruments will expire on October 5, 2020, unless extended. Access limits under emergency instruments (the Rapid Credit Facility (RCF) and Rapi...

The International Architecture for Resolving Sovereign Debt Involving Private-Sector Creditors—Recent Developments, Challenges, and Reform Options »

Source: The International Architecture for Resolving Sovereign Debt Involving Private-Sector Creditors-Recent Developments, Challenges, And Reform Options

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2020

ISBN: 9781513557472

There have been significant developments in sovereign debt restructuring involving private-sector creditors since the IMF's last stocktaking in 2014. While the current contractual approach has been largely effecti...

The Chair’s Summing Up Independent Evaluation Office—IMF Advice on Capital Flows Executive Board Meeting 20/93 September 18, 2020 »

Source: The Chair's Summing Up Independent Evaluation Office - IMF advice on Capital Flows Executive Board Meeting 20/93 September 18, 2020

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 September 2020

ISBN: 9781513558073

Executive Directors welcomed the report of the Independent Evaluation Office (IEO) on IMF Advice on Capital Flows. Directors appreciated the high quality of the report, and its thematic and background country studi...

Statement by the Managing Director on the Independent Evaluation Office Report on IMF Advice on Capital Flows Executive Board Meeting September 18, 2020 »

Source: Statement by the Managing Director on the Independent Evaluation Office Report on IMF Advice on Capital Flows Executive Board Meeting September 18, 2020

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 September 2020

ISBN: 9781513558080

As noted in the report, the adoption of the IV represented a major advance in the IMF's policy framework to provide advice on capital account liberalization and the management of capital flows. Before the adoption...

Updated Common Evaluation Framework for IMF Capacity Development and Guidance Note »

Source: Updated Common Evaluation Framework For IMF Capacity Development And Guidance Note

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 September 2020

ISBN: 9781513557533

This document updates the Common Evaluation Framework (CEF) for the Fund's capacity development (CD) activities and provides practical guidance on its implementation. Since its adoption, the Fund has made progress...

IMF Executive Board Approves Policy Safeguards for High Levels of Combined Access to Resources from the General Resources Account and the Poverty Reduction and Growth Trust »

Source: Policy Safeguards For Countries Seeking Access To Fund Financial Support That Would Lead To High Levels Of Combined GRA-PRGT Exposure

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Finance Dept.;International Monetary Fund. Legal Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 September 2020

ISBN: 9781513557274

This paper proposes safeguards broadly aligned with the GRA exceptional access policy that will apply in cases where combined GRA and PRGT credit exposure exceeds the GRA thresholds. The new safeguards would help t...

Policy Safeguards for Countries Seeking Access to Fund Financial Support that Would Lead to High Levels of Combined GRA-PRGT Exposure »

Source: Policy Safeguards For Countries Seeking Access To Fund Financial Support That Would Lead To High Levels Of Combined GRA-PRGT Exposure

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Finance Dept.;International Monetary Fund. Legal Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 September 2020

ISBN: 9781513557274

This paper proposes safeguards broadly aligned with the GRA exceptional access policy that will apply in cases where combined GRA and PRGT credit exposure exceeds the GRA thresholds. The new safeguards would help t...

Policy Safeguards for Countries Seeking Access to Fund Financial Support that Would Lead to High Levels of Combined GRA-PRGT Exposure—Proposed Decision »

Source: Policy Safeguards For Countries Seeking Access To Fund Financial Support That Would Lead To High Levels Of Combined GRA-PRGT Exposure

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Finance Dept.;International Monetary Fund. Legal Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 September 2020

ISBN: 9781513557274

This paper proposes safeguards broadly aligned with the GRA exceptional access policy that will apply in cases where combined GRA and PRGT credit exposure exceeds the GRA thresholds. The new safeguards would help t...

Policy Safeguards for Countries Seeking Access to Fund Financial Support that Would Lead to High Levels of Combined GRA-PRGT Exposure—Supplementary Information and Revised Proposed Decision »

Source: Policy Safeguards For Countries Seeking Access To Fund Financial Support That Would Lead To High Levels Of Combined GRA-PRGT Exposure

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Finance Dept.;International Monetary Fund. Legal Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 September 2020

ISBN: 9781513557274

This paper proposes safeguards broadly aligned with the GRA exceptional access policy that will apply in cases where combined GRA and PRGT credit exposure exceeds the GRA thresholds. The new safeguards would help t...

Attachment. The Central Bank Transparency Code »

Source: The Central Bank Transparency Code

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 July 2020

ISBN: 9781513551814

The paper reports to the Executive Board on its decision of April 29, 2019, to prepare an IMF Central Bank Transparency Code (CBT), which is linked to the 2017 Review of the Standards and Codes Initiative (RSCI), f...

The Central Bank Transparency Code »

Source: The Central Bank Transparency Code

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 July 2020

ISBN: 9781513551814

The paper reports to the Executive Board on its decision of April 29, 2019, to prepare an IMF Central Bank Transparency Code (CBT), which is linked to the 2017 Review of the Standards and Codes Initiative (RSCI), f...

IMF Executive Board Approves New Central Bank Transparency Code »

Source: The Central Bank Transparency Code

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 July 2020

ISBN: 9781513551814

The paper reports to the Executive Board on its decision of April 29, 2019, to prepare an IMF Central Bank Transparency Code (CBT), which is linked to the 2017 Review of the Standards and Codes Initiative (RSCI), f...

IMF Executive Board Reviews the Fund’s Income Position for FY 2020 and FY 2021–2022 »

Source: Review Of The Fund's Income Position For FY 2020 And FY 2021-2022

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 July 2020

ISBN: 9781513551135

Keywords: SDR interest rates, Interest rates, Discount rates, Financial markets, Credit, PP, basis point, GRA, non-lending, investment income

This paper reviews the Fund's income position for FY 2020 and FY 2021-22. It updates the April 2019 projections and proposes decisions for the current year. The paper also includes a proposed decision to set the ma...

IMF Policy Paper: Review of the Fund’s Income Position for FY 2020 And FY 2021–2022 »

Source: Review Of The Fund's Income Position For FY 2020 And FY 2021-2022

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 July 2020

ISBN: 9781513551135

Keywords: SDR interest rates, Interest rates, Discount rates, Financial markets, Credit, PP, basis point, GRA, non-lending, investment income

This paper reviews the Fund's income position for FY 2020 and FY 2021-22. It updates the April 2019 projections and proposes decisions for the current year. The paper also includes a proposed decision to set the ma...

Review of the Fund’s Income Position for FY 2020 and FY 2021–2022―Supplementary Information »

Source: Review Of The Fund's Income Position For FY 2020 And FY 2021-2022

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 July 2020

ISBN: 9781513551135

Keywords: SDR interest rates, Interest rates, Discount rates, Financial markets, Credit, PP, basis point, GRA, non-lending, investment income

This paper reviews the Fund's income position for FY 2020 and FY 2021-22. It updates the April 2019 projections and proposes decisions for the current year. The paper also includes a proposed decision to set the ma...

IMF Executive Board Approves a Temporary Increase in Annual Access Limits to Financial Support »

Source: Temporary Modification to the Fund's Annual Access Limits

Volume: 2020

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2020

ISBN: 9781513550947

Keywords: Credit, Borrowing, Balance of payments need, Financial assistance, Risk management, PP, GRA, RCF, temporary increase, RFI

The COVID-19 pandemic has caused a uniquely severe synchronized shock across the global economy, in turn leading numerous member countries to request substantial financial assistance from the Fund. The Executive Bo...

Temporary Modification to the Fund’s Annual Access Limits »

Source: Temporary Modification to the Fund's Annual Access Limits

Volume: 2020

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2020

ISBN: 9781513550947

Keywords: Credit, Borrowing, Balance of payments need, Financial assistance, Risk management, PP, GRA, RCF, temporary increase, RFI

The COVID-19 pandemic has caused a uniquely severe synchronized shock across the global economy, in turn leading numerous member countries to request substantial financial assistance from the Fund. The Executive Bo...

Temporary Modification to the Fund’s Annual Access Limits—Supplementary Information »

Source: Temporary Modification to the Fund's Annual Access Limits

Volume: 2020

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2020

ISBN: 9781513550947

Keywords: Credit, Borrowing, Balance of payments need, Financial assistance, Risk management, PP, GRA, RCF, temporary increase, RFI

The COVID-19 pandemic has caused a uniquely severe synchronized shock across the global economy, in turn leading numerous member countries to request substantial financial assistance from the Fund. The Executive Bo...

Extension of the Periods For Consent to and Payment of Quota Increases »

Source: Extension of the Periods For Consent to and Payment of Quota Increases

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 July 2020

ISBN: 9781513550510

Keywords: Payments arrears, Accounting, PP, general review, executive board, quota, additional extension, payment

On June 18, 2020, the IMF's Executive Board approved an additional extension, for one year, of the period for members to consent to an increase in their quotas under the Fourteenth General Review of Quotas ('Fourte...

Further Extension of Consultation Cycles Due To Covid-19 Pandemic, and Suspension of Framework To Address Excessive Delays in Article IV Consultations and Mandatory Financial Stability Assessments »

Source: Further Extension of Consultation Cycles Due To Covid-19 Pandemic, and Suspension of Framework To Address Excessive Delays in Article IV Consultations and Mandatory Financial Stability Assessments

Volume: 2020

Series: Policy Papers

Author(s): International Monetary Fund. Monetary and Capital Markets Department;International Monetary Fund. Legal Dept.;International Monetary Fund. Strategy, Policy, & Review Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 July 2020

ISBN: 9781513550404

Keywords: Financial sector, Development policy, Macroprudential policies and financial stability, Monetary unions, Development, PP, article IV consultation, FSAs, article IV, currency union

Notwithstanding the ongoing intensive policy dialogue with the membership during the COVID-19 pandemic, there is growing need for resuming Article IV consultations and mandatory Financial Stability Assessments (FSA...

Avance en la Ejecución del Marco Para Reforzar la Labor del FMI Sobre la Gobernanza »

Source: Progress In Implementing The Framework For Enhanced Fund Engagement On Governance

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 July 2020

Language: Spanish

ISBN: 9781513552804

This paper provides an interim update on implementation of the 2018 Framework for Enhanced Fund Engagement on Governance. This update is in advance of a comprehensive formal review of the Framework scheduled for mi...

Avancées Dans la Mise en Œuvre du Cadre Pour un Renforcement de L’action du FMI en Matière de Gouvernance »

Source: Progress In Implementing The Framework For Enhanced Fund Engagement On Governance

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 July 2020

Language: French

ISBN: 9781513552743

This paper provides an interim update on implementation of the 2018 Framework for Enhanced Fund Engagement on Governance. This update is in advance of a comprehensive formal review of the Framework scheduled for mi...

Progress In Implementing The Framework For Enhanced Fund Engagement On Governance »

Source: Progress In Implementing The Framework For Enhanced Fund Engagement On Governance

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 July 2020

Language: Arabic

ISBN: 9781513552729

This paper provides an interim update on implementation of the 2018 Framework for Enhanced Fund Engagement on Governance. This update is in advance of a comprehensive formal review of the Framework scheduled for mi...

Statement by The Managing Director on the Work Program of The Executive Board »

Source: Statement by The Managing Director on the Work Program of The Executive Board : June 11, 2020

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 July 2020

ISBN: 9781513549781

Keywords: External sector, Financial sector development, Regional economics, Financial markets, Macroprudential policies and financial stability, PP, briefing, policy response, financial development, DSSI

The COVID 19 crisis continues to take a heavy human and economic toll. The outlook remains highly uncertain as many countries are facing the economic fallout of the pandemic. This has led to an unprecedented surge...

Staff Operational Guidelines on Dissemination of Technical Assistance Information - June 2020 »

Source: Staff Operational Guidelines On Dissemination Of Technical Assistance Information

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund. Legal Dept.;IMF Institute

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 June 2020

ISBN: 9781513547008

Keywords: Nongovernmental organizations, Public sector, Private sector, Financial sector, Banks, PP, dissemination, transmittal, legitimate interest, new procedure

The Staff Operational Guidelines on Dissemination of Technical Assistance Information have been updated to reflect the authority reserved to Fund management and TA recipients to provide explicit consent for the dis...

Staff Operational Guidelines on Dissemination of Technical Assistance Information - March 18, 2020 »

Source: Staff Operational Guidelines On Dissemination Of Technical Assistance Information

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund. Legal Dept.;IMF Institute

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 June 2020

ISBN: 9781513547008

Keywords: Nongovernmental organizations, Public sector, Private sector, Financial sector, Banks, PP, dissemination, transmittal, legitimate interest, new procedure

The Staff Operational Guidelines on Dissemination of Technical Assistance Information have been updated to reflect the authority reserved to Fund management and TA recipients to provide explicit consent for the dis...

IMF Executive Board Approves FY 2021-FY 2023 Medium-Term Budget »

Source: FY 2021-FY 2023 Medium-Term Budget

Volume: 2020

Series: Policy Papers

Author(s): International Monetary Fund. Office of Budget and Planning

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 May 2020

ISBN: 9781513545813

Keywords: External sector, Financial crises, Capital budget, Budget estimates, Financial systems, PP, outturn, reallocation, modernization project, crisis response

On April 27, 2020, the Executive Board of the International Monetary Fund (IMF) approved the IMF's administrative and capital budgets for financial year (FY) 2021, beginning May 1, 2020, and took note of indicative...

IMF Policy Paper: FY 2021-FY 2023 Medium-Term Budget »

Source: FY 2021-FY 2023 Medium-Term Budget

Volume: 2020

Series: Policy Papers

Author(s): International Monetary Fund. Office of Budget and Planning

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 May 2020

ISBN: 9781513545813

Keywords: External sector, Financial crises, Capital budget, Budget estimates, Financial systems, PP, outturn, reallocation, modernization project, crisis response

On April 27, 2020, the Executive Board of the International Monetary Fund (IMF) approved the IMF's administrative and capital budgets for financial year (FY) 2021, beginning May 1, 2020, and took note of indicative...

IMF Policy Paper: FY 2021-FY 2023 Medium-term Budget—Supplementary Information and Revised Proposed Decisions »

Source: FY 2021-FY 2023 Medium-Term Budget

Volume: 2020

Series: Policy Papers

Author(s): International Monetary Fund. Office of Budget and Planning

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 May 2020

ISBN: 9781513545813

Keywords: External sector, Financial crises, Capital budget, Budget estimates, Financial systems, PP, outturn, reallocation, modernization project, crisis response

On April 27, 2020, the Executive Board of the International Monetary Fund (IMF) approved the IMF's administrative and capital budgets for financial year (FY) 2021, beginning May 1, 2020, and took note of indicative...

Implementation Plan in Response to the Board-Endorsed Recommendations from the IEO Evaluation Report on IMF Advice on Unconventional Monetary Policies »

Source: Implementation Plan in Response to the Board-Endorsed Recommendations from the IEO Evaluation Report on IMF Advice on Unconventional Monetary Policies

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 May 2020

ISBN: 9781513545424

Keywords: Negative interest rates, Monetary policy, Central banks, Exchange policy, Central bank policy, PP, proposed action, IEO, spillover, playbook

This Management Implementation Plan was prepared before COVID-19 became a global pandemic and resulted in unprecedented strains in global trade, commodity and financial markets. The actions in the plan and their ti...

Measuring Economic Welfare: What and How? »

Source: Measuring Economic Welfare: What and How?

Volume: 20

Series: Policy Papers

Author(s): Marshall Reinsdorf

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 May 2020

ISBN: 9781513544588

Keywords: National accounts aggregates, Cost of living, Gross national product, National income, Price indexes, PP, deflator, economic welfare, digitalization, digital economy

Calls for a more people-focused approach to statistics on economic performance, and concerns about inequality, environmental impacts, and effects of digitalization have put welfare at the top of the measurement age...

Extension of Consultation Cycles Due to COVID-19 Pandemic »

Source: Extension of Consultation Cycles Due to COVID-19 Pandemic

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2020

ISBN: 9781513542829

Keywords: West African Economic and Monetary Union, Eastern Caribbean Currency Union, International monetary system, Monetary unions, Macroprudential policies and financial stability, COVID-19, Coronovirus, COVID, PP, article IV consultation

To better respond to the unprecedented demand from the membership for financing and crisis support in response to the covid-19 pandemic, there is a temporary postponement of staff's work on Article IV consultations...

Implementation Plan in Response to The Board-Endorsed Recommendations From The IEO Evaluation Report on IMF Advice on Unconventional Monetary Policies »

Source: Implementation Plan in Response to The Board-Endorsed Recommendations From The IEO Evaluation Report on IMF Advice on Unconventional Monetary Policies

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 April 2020

ISBN: 9781513542188

Keywords: Negative interest rates, Central banks, Monetary policy, Financial crises, Central bank policy, PP, proposed action, IEO, spillover, playbook

The Management Implementation Plan was prepared before COVID-19 became a global pandemic and resulted in unprecedented strains in global trade, commodity, and financial markets. The actions in this plan and their t...

IMF COVID-19 Response—A New Short-Term Liquidity Line to Enhance the Adequacy of the Global Financial Safety Net »

Source: IMF COVID-19 Response-A New Short-Term Liquidity Line to Enhance The Adequacy Of The Global Financial Safety Net

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 April 2020

ISBN: 9781513541709

The COVID-19 pandemic has created severe disruption in the global financial system, with many emerging market and developing countries (EMDCs) facing liquidity shortages. In the context of intensified demand for li...

IMF Executive Board – IMF COVID-19 Response—A New Short-Term Liquidity Line to Enhance the Adequacy of the Global Financial Safety Net »

Source: IMF COVID-19 Response-A New Short-Term Liquidity Line to Enhance The Adequacy Of The Global Financial Safety Net

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 April 2020

ISBN: 9781513541709

The COVID-19 pandemic has created severe disruption in the global financial system, with many emerging market and developing countries (EMDCs) facing liquidity shortages. In the context of intensified demand for li...

IMF Managing Director's Statement to the Development Committee, April 2020 »

Source: IMF Managing Director's Statement to the Development Committee, April 2020

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 April 2020

ISBN: 9781513541181

Keywords: Financial crises, Financial markets, Social safety nets, Financial institutions, Macroprudential policies and financial stability, PP, policy space, coronavirus, pandemic, policymaker

The global coronavirus outbreak is a crisis like no other and poses daunting challenges for policymakers in many emerging market and developing economies (EMDEs), especially where the pandemic encounters weak publi...

IMF Executive Board Approves Immediate Debt Service Relief for 25 Eligible Low-Income Countries »

Source: Catastrophe Containment And Relief Trust-Approval Of Grant Assistance For Debt Service Relief

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 April 2020

ISBN: 9781513540603

Keywords: Debt service, Debt relief, Balance of payments need, Public health, Balance of payments, PP, executive board, tranches, grant support, global pandemic

This paper proposes that the Executive Board determine that the global COVID-19 pandemic constitutes a Qualifying Public Health Disaster (QPHD) under the Catastrophe Containment (CC) Window of the Catastrophe Conta...

IMF Policy Paper: Catastrophe Containment and Relief Trust—Approval of Grant Assistance for Debt Service Relief »

Source: Catastrophe Containment And Relief Trust-Approval Of Grant Assistance For Debt Service Relief

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 April 2020

ISBN: 9781513540603

Keywords: Debt service, Debt relief, Balance of payments need, Public health, Balance of payments, PP, executive board, tranches, grant support, global pandemic

This paper proposes that the Executive Board determine that the global COVID-19 pandemic constitutes a Qualifying Public Health Disaster (QPHD) under the Catastrophe Containment (CC) Window of the Catastrophe Conta...

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

Source: The Managing Director's Global Policy Agenda, Spring Meetings 2020 : Exceptional Times Exceptional Action

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 April 2020

ISBN: 9781513540528

Keywords: Global Policy Agenda, GPA, COVID-19, Coronavirus, recovery, protect, protection, policymakers, policy makers

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...

Progress Report to the IMFC on the Activities of the Independent Evaluation Office of the IMF »

Source: Progress Report to The IMFC On the Activities Of The Independent Evaluation Office Of The IMF

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 April 2020

ISBN: 9781513540559

Like everyone else, the IEO is now adapting to new realities in the wake of the coronavirus pandemic. During the five months after the 2019 Annual Meetings, the IEO completed two reports, continued work on two ongo...

Enhancing the Emergency Financing Toolkit—Responding to the COVID-19 Pandemic »

Source: Enhancing the Emergency Financing Toolkit-Responding To The COVID-19 Pandemic

Volume: 20

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 April 2020

ISBN: 9781513540160

Keywords: IMF Lending, Poverty Reduction and Growth Trust, Poverty reduction, Poverty Reduction and Growth Facility Trust, Poverty Reduction and Growth Facility, COVID-19, Pandemic, lending, Rapid Credit Facility, Rapid Financing Instrument

The COVID-19 pandemic is taking a human toll and has unleashed a series of shocks on the Fund's entire membership, creating severe disruption in the global economic and financial system. As a result, many emerging...