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February 2014

IMF Policy paper

IMF POLICY PAPER

LAG FOR PUBLIC ACCESS TO THE MINUTES OF EXECUTIVE BOARD MEETINGS

February 20, 2014

IMF staff regularly produces papers proposing new IMF policies, exploring options for reform, or reviewing existing IMF policies and operations. The following document(s) have been released and are included in this package:

  • The Policy Paper on Lag for Public Access to the Minutes of Executive Board Meetings, prepared by IMF staff and completed on February 20, 2014 for the Executive Board’s consideration on February 27, 2014

The policy of publication of staff reports and other documents allows for the deletion of market-sensitive information.

Electronic copies of IMF Policy Papers are available to the public from: International Monetary Fund • Publication Services P.O. Box 92780 •Washington, D.C. 20090 Telephone: (202) 623-7430 •Fax: (202) 623-7201 Email: publications@imf.org Internet: http://www.imf.org

International Monetary Fund

Washington, D.C.

© International Monetary Fund

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LAG FOR PUBLIC ACCESS TO THE MINUTES OF EXECUTIVE BOARD MEETINGS

February 20, 2014

Approved By

Siddharth Tiwari

Prepared by Strategy, Policy, and Review Department

Contents

  • INTRODUCTION

  • BACKGROUND

  • WEIGHING THE POTENTIAL BENEFITS AND RISKS OF A SHORTER LAG

  • A. Greater Transparency

  • B. The Impact on Candor in Board Discussions

  • C. The Risks of Releasing Sensitive Information

  • D. Other Considerations

  • POLICY OPTIONS

  • RECOMMENDATION

  • TABLE

  • 1. International Institutions’ Policies on Public Release of Board Minutes

  • ANNEXES

  • I. Analysis of Sample Board Minutes

  • II. Access Lags for Executive Board Document Series

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Press Release No.14/

FOR IMMEDIATE RELEASE

March 7, 2014

International Monetary Fund

Washington, D.C. 20431 USA

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Lag for Public Access to the Minutes of Executive Board Meetings
Author:
International Monetary Fund