Cover IMF Working Papers
Buy Book in Print
Designing Expenditure Policy Conditionality in IMF-Supported Programs
Author:
Emine Hanedar
Search for other papers by Emine Hanedar in
Current site
Google Scholar Close
and
Zsuzsa Munkacsi
Search for other papers by Zsuzsa Munkacsi in
Current site
Google Scholar Close
Series:
IMF Working Papers
Volume/Issue:
Volume 2025: Issue 022
Language:
English
Publication Date:
24 Jan 2025
DOI:
https://doi.org/10.5089/9798400298417.001
ISBN:
9798400298417
ISSN:
1018-5941
Pages:
57
Keywords:
IMF-supported programs; conditionality; expenditure policy; social assistance; energy subsidies; pension spending; health spending; education spending; wage bill management; policy conditionality; policy area; IMF working papers; reform plan; E. public health spending; Health care spending; Caribbean; North Africa; Middle East; East Africa; Europe
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Download PDF (2.9 MB) Download Epub
This gap-filling paper provides granular advice on how to design quantitative and structural conditionality of IMF-supported programs in six expenditure policy areas: social assistance, energy subsidies, pension spending, health spending, education spending, and wage bill management. Such granular advice is based on a stocktaking exercise: an analysis of 105 programs approved between 2002 and July 2021 containing a ca. 1400 conditions. Conditions are key to identify outcomes or actions seen as critical for program success or monitoring, and so are essential for financial support countries can receive from the Fund.
  • Collapse
  • Expand
Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund