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Proposed Steps to Address Excessive Delays in the Completion of Article IV Consultations

Information about Middle East Oriente Medio

Journal Issue

Volume/Issue:: 2012/009
Series:: Policy Papers
Author(s):: International Monetary Fund. Legal Dept.;International Monetary Fund. Strategy, Policy, & Review Department
Publisher:: INTERNATIONAL MONETARY FUND
Published Date:: March 2012
DOI:: http://dx.doi.org/10.5089/9781498340915.007
ISBN:: 9781498340915
ISSN:: 2663-3493
Page:: 12

Bilateral surveillance is mandatory for both the Fund and its members, and all members have an obligation to consult with the Fund for this purpose.3 Periodic consultations with members on their policies and access to necessary information are essential for effective bilateral surveillance. Furthermore, to enable the Fund to effectively conduct multilateral surveillance, bilateral surveillance needs to cover all economies at a reasonable frequency.

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IMF Policy Paper - Proposed Steps to Address Excessive Delays in the Completion of Article IV Consultations

IMF Policy Paper - Proposed Steps to Address Excessive Delays in the Completion of Article IV Consultations