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Workers line up outside a government employment office in Madrid, Spain. Addressing unemployment is a key objective of the IMF’s work program (photo: AFP/Dominique Faget)

The IMF and Civil Society

IMF’s Work Program Focus Is on Securing Recovery and Anchoring the Future

November 26, 2012

Against the backdrop of a still weak global economic outlook, the IMF’s work agenda for the coming months is designed to support bold policy implementation to secure the economic recovery and anchor the future.

The Executive Board’s semiannual discussion of the IMF’s work program focused on translating the directions laid out in Managing Director Christine Lagarde’s Global Policy Agenda into a specific plan for the 188-member institution over the next twelve months.

In addition to supporting recovery from the global economic crisis, the work program emphasizes the need to both tackle legacy issues of the crisis—high debt, slow growth and high unemployment, and financial sector repair—and to strengthen the international monetary system through regulatory reform for financial systems, and by addressing global imbalances and spillovers.

IMF Survey spoke with Siddharth Tiwari Director of the Strategy, Policy, and Review Department, about the key components of the work program.

Read the IMF Survey interview.