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Safeguards Assessment—2019 Update
Author:
Mr. George M Kabwe
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Elie Chamoun null

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Riaan van Greuning null

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Mowele Mohlala null

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Ms. Julia Cardoso
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Series:
Policy Papers
Volume/Issue:
Volume 2019: Issue 041
Language:
English
Publication Date:
17 Dec 2019
DOI:
https://doi.org/10.5089/9781513523019.007
ISBN:
9781513523019
ISSN:
2663-3493
Pages:
23
Keywords:
PP; central bank; governance; audit; risk management framework; lending; governance arrangement; central bank participant; central bank autonomy provision; central bank safeguards framework; central bank authority; Internal audit; Central bank governance; External audit; Auditing; Monetary statistics; Global; Middle East; Western Hemisphere; West Africa; Europe
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Safeguards assessments are a key pillar of the risk management arrangements for IMF lending. Safeguards assessments aim to mitigate the risks of misuse of Fund resources and misreporting of program monetary data under Fund arrangements. Safeguards assessment reports are confidential and therefore the IMF Executive Board is provided with a periodic report on safeguards activities on a biennial basis, in addition to high-level summaries in member country staff reports on key findings and recommendations. This update on safeguards activity covers the period May 2017 to end-April 2019 (the period).
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Cover Policy Papers
Policy Papers
ISSN:
2663-3493
Publisher:
International Monetary Fund