Front Matter Page
INTERNATIONAL MONETARY FUND
Report of the Managing Director to the International Monetary and Financial Committee on the IMF's Policy Agenda
September 15, 2006
Contents
Abbreviations and Acronyms
I. Introduction
II. Adapting Surveillance to Meet the Demands of Globalization
A. The New Multilateral Consultation
B. The Framework for Surveillance and Exchange Rate Issues
C. Financial Sector Surveillance
D. Current Themes in Surveillance
III. Role of the Fund in Emerging Market Economies
IV. Role of the Fund in Low-Income Countries
A. Managing Aid and Preserving Debt Sustainability Post-Debt Relief
B. Doha Round and Aid for Trade
V. Building Institutions and Capacity
VI. Quotas and Voice Issues
VII. Managing an Effective Institution
Tables
1. Participation in Transparency, FSAP, and Standards and Codes Initiatives
2. FSAP Participation
3. HIPC Initiative: Committed Debt Relief and Outlook
4. IMF Implementation of the HIPC Initiative and the MDRI
5. Access Under Fund Arrangements by Year of Approval, 1996-2006
6. Current Financial Arrangements (GRA)
7. Current Financial Arrangements (PRGF)
8. IMF's Financial Resources and Liquidity Position, 2002-06
Abbreviations and Acronyms
| CGER |
Consultative Group on Exchange Rates |
| DSF |
Debt Sustainability Framework |
| EMEs |
Emerging Market Economies |
| EPA |
Ex Post Assessments |
| EPE |
Ex Post Evaluation of Exceptional Access |
| FSAP |
Financial Sector Assessment Program |
| GFM |
Global Fiscal Model |
| HIPC |
Heavily Indebted Poor Countries |
| IF |
Integrated Framework for Trade-Related Technical Assistance |
| IMF |
International Monetary Fund |
| IMFC |
International Monetary and Financial Committee |
| LICs |
Low-Income Countries |
| MDRI |
Multilateral Debt Relief Initiative |
| MTS |
Medium-Term Strategy |
| PIN |
Public Information Notice |
| PRGF |
Poverty Reduction and Growth Facility |
| PRSP |
Poverty Reduction Strategy Paper |
| ROSCs |
Report on Standards and Codes |
| TA |
Technical Assistance |
| WEO |
World Economic Outlook |