Journal Issue

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International Monetary Fund. External Relations Dept.
Published Date:
January 1999
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Public Information Notices (PINs)

PINs are IMF Executive Board assessments of members’ economic prospects and policies issued—with the consent of the member—following Article IV consultations, with background on the members’ economies.

Letters of Intent and Memoranda of Economic and Financial Policies

Prepared by a member country, these documents describe the policies that the country intends to implement in the context of its request for financial support from the IMF.

Policy Framework Papers

Prepared by the member country in collaboration with the staffs of the IMF and the World Bank, these documents, which are updated annually, describe the authorities’ economic objectives and macroeconomic and structural policies for three-year adjustment programs supported by Enhanced Structural Adjustment Facility resources.

Recent releases include:
Argentina:Policy Memorandum, January 11
Armenia:Letters of Intent, December 8 and December 18,1998 Policy Framework Paper: 1998-2001
Benin:Letter of Intent and Memorandum of Economic and Financial Policies, December 21, 1998
Ghana:PIN No. 2, January 12
Malawi:Policy Framework Paper, 1998/99-2000/01
Niger:Policy Framework Paper, 1998-2001
Tajikistan:Policy Framework Paper, 1998-2001
Full texts are available on the IMF’s website (
Full texts are available on the IMF’s website (

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