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Key Trends in Implementing The Fund's Transparency Policy

Author(s):
International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Secretary's Department
Published Date:
February 2020
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At the time of the 2005 Review of the Fund’s Transparency Policy, the Executive Board requested regular updates on trends in implementing the transparency policy. The tables in this report provide an overview of recent developments, reflecting information on documents considered by the Board in 2017 and updating the previous annual report on Key Trends. Deeper analysis of these trends is undertaken in the context of periodic reviews of the Fund’s Transparency Policy.

Table 1.Trends in Publication Rates (2016–18) 1/2/
201620172018
Type of ReportReports discussedPublished (percent)Reports discussedPublished (percent)Reports discussedPublished (percent)
All Documents913929129387595
Staff Reports201962039519596
Article IV, UFR, or Combined186961899517996
Stand-alone Article IV 3/115951299311494
Article IV combined with UFR, PPM, SMP, EPA, PSI, PCI17942310017100
Stand-alone UFR 4/541003710048100
Stand-alone PPM, SMP, EPA, EPE, PSI, PCI159314861694
Selected Issues/Statistical Annexes938998909289
FSSAs129213779100
ROSCs 5/2580208513100
Article IV Press Releases1209614399131100
UFR and PSI Chairman’s statements531006010062100
Authorities’ statements 6/16510015610016693
Country Policy Intention Documents1701001499914399
LOIs/MEFPs 7/114100989893100
TMUs 7/56100431004498
PRS/EDD documents 8/0n/a81006100
All Policy Papers747870746472
Policy Papers that are presumed to be published 9/629463824896

Refers to documents considered by the IMF Executive Board during the calendar year, and published within six months of the end of the calendar year; e.g. the publication rate for 2018 refers to documents discussed by the Board in 2018 and published by June 30, 2019. SMPs, which are for information only, are also included.

Data include documents issued for the Board’s consideration in a meeting or on a lapse-of-time basis.

Includes discussions held with respect to members’ territories and currency unions in the context of Article IV consultations with members.

For the purposes of this table and for the application of the stronger presumption of publication, UFR staff reports include requests and reviews but exclude extensions and modifications, in accordance with the Transparency Policy.

Includes initial ROSC assessments and reassessments produced by the IMF, as well as the World Bank and, in the case of AML/CFT ROSCs, by FATF and FATF-style

Includes Executive Directors’ Statements and “right of reply” documents. Does not include authorities’ statements that are included in ROSCs.

Includes LOIs/MEFPs/Program Statements and TMUs issued in the context of SMPs, PSIs, and PCIs.

Following the reform of the Fund’s policy on poverty reduction strategies (PRS) in its engagement with low-income countries in 2015, PRS documentation requirements have been replaced with Economic Development documents (EDD).

The presumption of publication does not apply to certain papers dealing with administrative matters, for instance internal audits and papers on personnel and human resource issues.

Refers to documents considered by the IMF Executive Board during the calendar year, and published within six months of the end of the calendar year; e.g. the publication rate for 2018 refers to documents discussed by the Board in 2018 and published by June 30, 2019. SMPs, which are for information only, are also included.

Data include documents issued for the Board’s consideration in a meeting or on a lapse-of-time basis.

Includes discussions held with respect to members’ territories and currency unions in the context of Article IV consultations with members.

For the purposes of this table and for the application of the stronger presumption of publication, UFR staff reports include requests and reviews but exclude extensions and modifications, in accordance with the Transparency Policy.

Includes initial ROSC assessments and reassessments produced by the IMF, as well as the World Bank and, in the case of AML/CFT ROSCs, by FATF and FATF-style

Includes Executive Directors’ Statements and “right of reply” documents. Does not include authorities’ statements that are included in ROSCs.

Includes LOIs/MEFPs/Program Statements and TMUs issued in the context of SMPs, PSIs, and PCIs.

Following the reform of the Fund’s policy on poverty reduction strategies (PRS) in its engagement with low-income countries in 2015, PRS documentation requirements have been replaced with Economic Development documents (EDD).

The presumption of publication does not apply to certain papers dealing with administrative matters, for instance internal audits and papers on personnel and human resource issues.

Table 2.Trends in Publication Rates of Article IV and UFR Staff Reports (2016–18) 1/(By economic and regional characteristics)
201620172018
Reports by group 2/Reports discussedPublished (percent)Reports discussedPublished (percent)Reports discussedPublished (percent)
Article IV, UFR and combined staff reports186961899517996
Advanced markets341003610036100
Emerging markets919288928091
Developing countries61100659763100
Emerging market and developing countries153951549514495
Africa441004710048100
Asia289629972496
Central and Eastern Europe181001410010100
CIS and Mongolia109016811385
Middle East148620901883
Western Hemisphere399228963197

Refers to documents considered by the IMF Executive Board during the calendar year, and published within six months of the end of the calendar year; e.g. the publication rate for 2018 refers to the documents discussed by the Board in 2018 and published by June 30, 2019.

Based on World Economic Outlook definitions. Includes discussions held with respect to members’ territories and currency unions in the context of Article IV consultations with members.

Refers to documents considered by the IMF Executive Board during the calendar year, and published within six months of the end of the calendar year; e.g. the publication rate for 2018 refers to the documents discussed by the Board in 2018 and published by June 30, 2019.

Based on World Economic Outlook definitions. Includes discussions held with respect to members’ territories and currency unions in the context of Article IV consultations with members.

Table 3.Trends in Publication Lags (2016–18) 1/2/(By type of reports, and by economic and regional characteristics)
201620172018
Reports by type and group 3/Number publishedAverage lag 4/percent with lag > 1 monthpercent with lag > 2 monthNumber publishedAverage lag 4/percent with lag > 1 monthpercent with lag > 2 monthNumber publishedAverage lag 4/percent with lag > 1 monthpercent with lag > 2 month
Article IV, UFR and Combined staff reports17916116180181041721593
Article IV10919136120161051071584
Combined16126023241341722612
UFR5416973714834813130
Advanced markets346003620036600
Emerging markets841613881121247320155
Developing countries61171556322138631583
Emerging market and developing countries14618148147181371372074
Africa4415924717924815102
Asia27121542821110231440
Central and Eastern Europe18100014400108100
CIS and Mongolia924111113118811600
Middle East122625171833392215262013
Western Hemisphere36232214272011730272010
Selected other documents
FSSAs112527910212010927011
Selected Issues/Statistical Annexes83161248814838228331
Article IV Press Releases11593014216831311978
UFR and PSI Chairman’s statements53000601610362000
Country Policy Intention Documents 5/170147614713711421250
Policy papers 6/582021526214614119

Refers to documents considered by the IMF Executive Board during the calendar year, and published within six months of the end of the calendar year; e.g. the publication rate for 2018 refers to the documents discussed by the Board in 2018 and published by June 30, 2019. Publication lags refer to calendar days between the Board date and the publication date.

Data include documents issued for the Board’s consideration in a meeting or on a lapse-of-time basis. It also includes SMPs, which are for information only.

Based on World Economic Outlook definitions. Also includes discussions held with respect to members’ territories and currency unions in the context of Article IV consultations with members.

Number of calendar days.

Includes LOIs/MEFPs/TMUs/Program Statements issued in the context of SMPs, PSI and PCIs.

Only includes policy papers for which publication is presumed.

Refers to documents considered by the IMF Executive Board during the calendar year, and published within six months of the end of the calendar year; e.g. the publication rate for 2018 refers to the documents discussed by the Board in 2018 and published by June 30, 2019. Publication lags refer to calendar days between the Board date and the publication date.

Data include documents issued for the Board’s consideration in a meeting or on a lapse-of-time basis. It also includes SMPs, which are for information only.

Based on World Economic Outlook definitions. Also includes discussions held with respect to members’ territories and currency unions in the context of Article IV consultations with members.

Number of calendar days.

Includes LOIs/MEFPs/TMUs/Program Statements issued in the context of SMPs, PSI and PCIs.

Only includes policy papers for which publication is presumed.

Table 4a.Deletions in Article IV and UFR Staff Reports (2016–18) 1/2/(Percent of all published reports, unless otherwise indicated)
201620172018
Reports by group 3/Number publishedWith deletionsWith deletions on exch. rate issuesWith deletions on fin. sector issuesNumber publishedWith deletionsWith deletions on exch. rate issuesWith deletions on fin. sector issuesNumber publishedWith deletionsWith deletions on exch. rate issuesWith deletions on fin. sector issues
All Article IV and UFR reports179124718013211791182
Advanced markets341231236360336633
EU221851824130822505
Other Europe40004000425250
ROW700052020209000
Emerging markets8419610814418018163
Developing countries612206324111063502
Emerging market and developing countries146124614713751531182
Africa44202471610644702
Asia277702894228000
Central and Eastern Europe181101114714418000
CIS and Mongolia92222111371401010100
Middle East123317818151501450500
Western Hemisphere36173827506223915135

Refers to documents considered by the Board during the calendar year, and published within six months of the end of the calendar year; e.g. the publication rate for 2018 refers to the documents discussed by the Board in 2018 and published by June 30, 2019.

Because a single report can have deletions falling into multiple categories, e.g., exchange rate, financial sector and/or other areas, there is no fixed relationship between the second column and the third and fourth column under each year.

Based on World Economic Outlook definitions. Also includes discussions held with respect to members’ territories and currency unions in the context of Article IV consultations with members.

Refers to documents considered by the Board during the calendar year, and published within six months of the end of the calendar year; e.g. the publication rate for 2018 refers to the documents discussed by the Board in 2018 and published by June 30, 2019.

Because a single report can have deletions falling into multiple categories, e.g., exchange rate, financial sector and/or other areas, there is no fixed relationship between the second column and the third and fourth column under each year.

Based on World Economic Outlook definitions. Also includes discussions held with respect to members’ territories and currency unions in the context of Article IV consultations with members.

Table 4b.Deletions in 2018 1/(Percent of all deletions requested by income group and region, unless otherwise indicated)
Reason deletion requests were rejected 5/6/
Reports by group 2/Number of deletion requests 3/ApprovedOf which: Partially rejected 4/RejectedRejected, but subsequently approved by ManagementInformation is already in the public domainInformation is sufficiently general not to trigger market disruption in near termInclusion of information in staff report does not impede ability to implement new policyOther
All Article IV, UFR and combined reports12861439623952
Advanced markets5600400202000
EU367033003300
Other Europe11000000000
ROW1001000100000
Emerging markets74687321171284
Developing countries4951049047200
Emerging market and developing countries
Africa4951049047200
Asia000000000
Central and Eastern Europe3001000336700
CIS and Mongolia41000000000
Middle East37761124118805
Western Hemisphere306034013313203
Countries with fixed or crawling pegs or bands8962438431302
Countries with other exchange rate regimes395934110321153

Figures refer to deletions made to staff reports for Article IV consultations and Use of Fund resources as well as associated documents (e.g. selected issues papers, informational annexes, etc.) that were considered by the Board from January 1, 2018 to December 31, 2018.

Based on World Economic Outlook definitions. Also includes discussions held with respect to members’ territories and currency unions in the context of Article IV consultations with members.

This aggregate includes deletion requests received by country desks and reviewed by SPR; it does not include requests received and rejected by country teams that were not forwarded to SPR for review. Each deletion is counted separately, implying that there may be multiple deletion requests for each document.

Partially rejected deletions include items where only part of the requested deletion was accepted or where the deletion was reformulated and then accepted.

Deletions may be made on the basis of market sensitivity when the material is not already in the public domain, is market-relevant within the near term, and is sufficiently specific to create a clear risk of triggering a disruptive market

Deletions may be made on the basis of premature disclosure of policy intentions where material is not already in the public domain, the information consists of operational details of a policy the authorities intend to implement, and premature disclosure of the operational details would, in itself, seriously undermine the ability of the authorities to implement it.

Figures refer to deletions made to staff reports for Article IV consultations and Use of Fund resources as well as associated documents (e.g. selected issues papers, informational annexes, etc.) that were considered by the Board from January 1, 2018 to December 31, 2018.

Based on World Economic Outlook definitions. Also includes discussions held with respect to members’ territories and currency unions in the context of Article IV consultations with members.

This aggregate includes deletion requests received by country desks and reviewed by SPR; it does not include requests received and rejected by country teams that were not forwarded to SPR for review. Each deletion is counted separately, implying that there may be multiple deletion requests for each document.

Partially rejected deletions include items where only part of the requested deletion was accepted or where the deletion was reformulated and then accepted.

Deletions may be made on the basis of market sensitivity when the material is not already in the public domain, is market-relevant within the near term, and is sufficiently specific to create a clear risk of triggering a disruptive market

Deletions may be made on the basis of premature disclosure of policy intentions where material is not already in the public domain, the information consists of operational details of a policy the authorities intend to implement, and premature disclosure of the operational details would, in itself, seriously undermine the ability of the authorities to implement it.

Table 5a.Corrections in Article IV and UFR Staff Reports (2016–18) 1/2/(Percent of all published reports, unless otherwise indicated)
201620174/20184/
Reports by group 3/Number publishedWith correctionsWith corrections for evident ambiguityWith corrections for mischaract-erizationNumber publishedWith correctionsWith corrections for evident ambiguityWith corrections for mischaract-erizationNumber publishedWith correctionsWith corrections for evident ambiguityWith corrections for mischaract-erization
All Article IV and UFR reports1797853018044216179594517
Advanced markets349482036753336898633
EU22917702475632522868641
Other Europe41007504750441001000
ROW710010005100100209897833
Emerging markets841006708147361080654421
Developing countries613918063241326333223
Emerging market and developing countries1467446014737266153483312
Africa44572504717924443252
Asia2770520284332428393221
Central and Eastern Europe18945601436641418282211
CIS and Mongolia9100440134638810703010
Middle East12926701850171714795021
Western Hemisphere3681610275248439544115

Refers to documents considered by the IMF Executive Board during the calendar year, and published within six months of the end of the calendar year; e.g. the publication rate for 2018 refers to the documents discussed by th e Board in 2018 and publish ed by June 30, 2019.

Because a single report can have corrections falling into multiple categories, e.g., exchange rate, financial sector and/or other areas, there is no fixed relationship between the second column and the third and fourth column under each year.

Based on World Economic Outlook definitions. Also includes discussions held with respect to members’ territories and currency unions in the context of Article IV consultations with members.

With the launch of the Transparency Portal on January 1, 2017, modification requests reflect only those for which the authoring departments (ADs) sought SPR sign-off. The correction of typographic errors and inconsequential factual errors by ADs is allowed outside the portal.

Refers to documents considered by the IMF Executive Board during the calendar year, and published within six months of the end of the calendar year; e.g. the publication rate for 2018 refers to the documents discussed by th e Board in 2018 and publish ed by June 30, 2019.

Because a single report can have corrections falling into multiple categories, e.g., exchange rate, financial sector and/or other areas, there is no fixed relationship between the second column and the third and fourth column under each year.

Based on World Economic Outlook definitions. Also includes discussions held with respect to members’ territories and currency unions in the context of Article IV consultations with members.

With the launch of the Transparency Portal on January 1, 2017, modification requests reflect only those for which the authoring departments (ADs) sought SPR sign-off. The correction of typographic errors and inconsequential factual errors by ADs is allowed outside the portal.

Table 5b.Corrections in 2018 1/2/(Percent of all corrections requested by income group and region, unless otherwise indicated)
Reason correction requests were rejected
Reports by group 3/Number of correction requests 4/ApprovedOf which: Partially rejected 5/RejectedRejected, but subsequently approved by ManagementAlters staff assessmentAttempts to improve presentationExtends argument/ Introduces new informationDoes not meet post-Board criteria 6/Other
All Article IV, UFR or combined reports1,38488412012513
Advanced markets63689411022504
EU28286514042404
Other Europe105831170024210
ROW2289565001601
Emerging markets60085415003623
Developing countries1489347003212
Emerging market and developing countries
Africa1289535002202
Asia13782218003684
Central and Eastern Europe1069268003601
CIS and Mongolia3210030000000
Middle East9079921004716
Western Hemisphere27686414013703
Countries with fixed or crawling pegs or bands58087313003513
Countries with other exchange rate regimes76788512022514

Figures refer to corrections made to staff reports for Article IV consultations and Use of Fund resources as well as associated documents (e.g. selected issues papers, informational annexes, etc.) that were considered by the Board from January 1, 2018 to December 31, 2018.

Certain corrections are subject to Staff review as per the Transparency Policy (http://www.imf.org/external/np/pp/eng/2009/102609.pdf) and the 2013 Transparency Policy Review (http://www.imf.org/external/np/pp/eng/2013/051413.pdf). As per the policy, corrections to staff reports cannot be used to improve the presentation, extend staff’s or the authorities arguments, alter staff’s assessment, or introduce any new information.

Based on World Economic Outlook definitions. includes discussions held with respect to members’ territories and currency unions in the context of Article IV consultations with members.

This aggregate includes correction requests received by country desks and reviewed by SPR; it does not include requests received and rejected by country teams that were not forwarded to SPR for review. Each correction is counted separately, implying that there may be multiple correction requests for each document.

Partially rejected corrections include items where the requested correction was reclassified or reformulated and then accepted.

Corrections may only be made after the Board date if the correction is brought to the attention of the Board before the conclusion of the Board’s consideration of the document, or the failure to make the correction would undermine the overall value of the publication.

Figures refer to corrections made to staff reports for Article IV consultations and Use of Fund resources as well as associated documents (e.g. selected issues papers, informational annexes, etc.) that were considered by the Board from January 1, 2018 to December 31, 2018.

Certain corrections are subject to Staff review as per the Transparency Policy (http://www.imf.org/external/np/pp/eng/2009/102609.pdf) and the 2013 Transparency Policy Review (http://www.imf.org/external/np/pp/eng/2013/051413.pdf). As per the policy, corrections to staff reports cannot be used to improve the presentation, extend staff’s or the authorities arguments, alter staff’s assessment, or introduce any new information.

Based on World Economic Outlook definitions. includes discussions held with respect to members’ territories and currency unions in the context of Article IV consultations with members.

This aggregate includes correction requests received by country desks and reviewed by SPR; it does not include requests received and rejected by country teams that were not forwarded to SPR for review. Each correction is counted separately, implying that there may be multiple correction requests for each document.

Partially rejected corrections include items where the requested correction was reclassified or reformulated and then accepted.

Corrections may only be made after the Board date if the correction is brought to the attention of the Board before the conclusion of the Board’s consideration of the document, or the failure to make the correction would undermine the overall value of the publication.

Figure 1.Trends in Deletions and Corrections 1/

1/ Data for 2017–18 are not strictly comparable to those from previous years as minor factual corrections are no longer included in the database following the introduction of the transparency portal in 2017.

Table 6.Members that Published All Article IV/UFR Staff Reports in 2018 1/2/
Afghanistan, Islamic Republic ofGuatemalaQatar
AlgeriaGuineaRomania
AngolaGuinea-BissauRussian Federation
ArgentinaGuyanaSamoa
AustraliaHondurasSan Marino, Republic of
AustriaHungarySäo Tomé and Príncipe
Bahamas, TheIcelandSaudi Arabia
BangladeshIndiaSenegal
BarbadosIran, Islamic Republic ofSierra Leone
Belarus, Republic ofIrelandSingapore
BelgiumIsraelSlovak Republic
BelizeItalySolomon Islands
BeninJamaicaSomalia
BhutanJapanSouth Africa
BoliviaKazakhstan, Republic ofSpain
Bosnia and HerzegovinaKenyaSri Lanka
BotswanaKiribatiSt. Lucia
BrazilKorea, Republic ofSuriname
BulgariaKosovoSwitzerland
Burkina FasoLao People’s Democratic RepublicThailand
Cabo VerdeLatvia, Republic ofTogo
CambodiaLesothoTrinidad and Tobago
CameroonLiberiaTunisia
CanadaLithuania, Republic ofTurkey
CEMACLuxembourgTuvalu
Central African RepublicMacedoniaUkraine
ChadMadagascar, Republic ofUnited Arab Emirates
ChileMalawiUnited Kingdom
China, People’s Republic ofMalaysiaUnited States
ColombiaMaliUzbekistan, Republic of
Comoros, Union of theMaltaVanuatu
Cote d’IvoireMarshall Islands, Republic of theVietnam
CyprusMauritania, islamic Republic of
Czech RepublicMexico
DenmarkMoldova, Republic of
DominicaMongolia
Dominican RepublicMontenegro
ECCUMorocco
Egypt, Arab Republic ofMozambique, Republic of
El SalvadorMyanmar
Estonia, Republic ofNamibia
Ethiopia, The Federal Democratic Republico Netherlands
FijiNetherlands – Curacao
FinlandNew Zealand
FranceNiger
GabonNigeria
Gambia, TheNorway
GeorgiaPanama
GermanyPapua New Guinea
GhanaPeru
GreecePhilippines
GrenadaPortugal

The members listed in this table had their Article IV and/or all their UFR staff reports considered by the Board in 2018, and published the report by June 30, 2019.

Includes discussions held with respect to members’ territories and currency unions in the context of Article IV consultations with members.

The members listed in this table had their Article IV and/or all their UFR staff reports considered by the Board in 2018, and published the report by June 30, 2019.

Includes discussions held with respect to members’ territories and currency unions in the context of Article IV consultations with members.

Table 7a.Members Not Publishing Article IV Reports in 2018 1/2/
Antigua and Barbuda
Azerbaijan, Republic of
Bahrain, Kingdom of
Brunei Darussalam
Lebanon
Oman
St. Kitts and Nevis
Tajikistan, Republic of
Turkmenistan

These members had Article IV documents considered by the Board in 2018 (including for discussions with currency unions in the context of Article IV consultations with their constituent members), but had not published these documents by June 30, 2019.

All these countries published Press Releases except for Azerbaijan, St. Kitts and Nevis, and Turkmenistan

These members had Article IV documents considered by the Board in 2018 (including for discussions with currency unions in the context of Article IV consultations with their constituent members), but had not published these documents by June 30, 2019.

All these countries published Press Releases except for Azerbaijan, St. Kitts and Nevis, and Turkmenistan

Table 7b.Members Not Publishing All UFR Staff Reports in 2018 1/

These members had UFR staff reports considered by the Board in 2018, but had not published all of these documents by June 30, 2019. UFR staff reports include requests and reviews but exclude extensions and modifications, in accordance with the Transparency Policy.

These members had UFR staff reports considered by the Board in 2018, but had not published all of these documents by June 30, 2019. UFR staff reports include requests and reviews but exclude extensions and modifications, in accordance with the Transparency Policy.

Table 8.Longest and Shortest Publication Lags for 2018 1/2/3/
Shortest Publication LagLongest Publication Lag
Board DateCountry 3/DaysBoard DateCountry 3/Days
12/19/2018Argentina04/9/2018Dominican Republic149
10/26/2018Argentina06/13/2018Kenya132
7/2/2018Senegal01/26/2018Barbados124
11/26/2018Mexico13/23/2018Tunisia81
7/25/2018France16/18/2018Dominica79
6/27/2018Georgia111/26/2018United Arab Emirates67
3/14/2018Burkina Faso11/19/2018Morocco52
3/7/2018Belgium111/9/2018Bolivia42
2/12/2018United Kingdom18/1/2018Gabon42
1/16/2019Belarus, Republic of27/16/2018Saudi Arabia39
12/12/2018Cote d’Ivoire212/21/2018Guinea38
12/10/2018Togo212/17/2018Morocco38
12/10/2018Mali212/12/2018Panama36
11/28/2018Rwanda212/21/2018Chad34
11/28/2018Cyprus212/19/2018Gabon34
11/7/2018Chile211/16/2018Suriname34
11/19/2018Spain25/30/2018Honduras34
11/12/2018United Kingdom26/13/2018Guyana33
11/7/2018Chile212/21/2018Burkina Faso32
11/5/2018Mexico26/8/2018Vietnam32
10/31/2018Mongolia24/27/2018Colombia32
11/5/2018Jamaica212/7/2018Seychelles31
9/10/2018Austria23/30/2018Turkey31
6/18/2018Denmark25/7/2018Samoa28
6/4/2018Cyprus28/29/2018Trinidad and Tobago27
6/4/2018Romania25/11/2018El Salvador27

Publication refers to Article IV and UFR documents considered by the Board in 2018, and published by June 30, 2019.

Publication lags refer to calendar days between the Board date and the publication date.

Includes discussions held with respect to members’ territories and currency unions in the context of Article IV consultations with members.

Publication refers to Article IV and UFR documents considered by the Board in 2018, and published by June 30, 2019.

Publication lags refer to calendar days between the Board date and the publication date.

Includes discussions held with respect to members’ territories and currency unions in the context of Article IV consultations with members.

Table 9.Members Requesting Explicit Consent Prior to Publication 1/
Bahrain, Kingdom of
Brazil
Bulgaria
Cabo Verde
Dominican Republic
Ecuador
Egypt, Arab Republic of
Guyana
Haiti
Iraq
Jordan
Kuwait
Lebanon
Maldives
Nicaragua
Oman
Panama
Qatar
Saudi Arabia
Suriname
Syrian Arab Republic
Timor-Leste, Democractic Republic of
Trinidad and Tobago
Turkmenistan
United Arab Emirates
Uzbekistan, Republic of
Yemen, Republic of

Under the Transparency Policy, a member’s consent to publish is typically obtained on a “nonobjection” basis. However, a member may “opt out” of the “non-objection” system, in which case the member’s explicit consent is required prior to publication of its country and related policy intention documents. See: http://www.imf.org/external/np/pp/eng/2014/040714.pdf.

Under the Transparency Policy, a member’s consent to publish is typically obtained on a “nonobjection” basis. However, a member may “opt out” of the “non-objection” system, in which case the member’s explicit consent is required prior to publication of its country and related policy intention documents. See: http://www.imf.org/external/np/pp/eng/2014/040714.pdf.

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