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Press Release: The IMF’s Work Program: Invigorating a Sustainable Recovery and Restoring Resilience
June 6, 2013
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IMF COMMUNICATIONS DEPARTMENT |
| Media Relations |
|---|
| E-mail: media@imf.org |
| Phone: 202-623-7100 |
June 6, 2013
IMF COMMUNICATIONS DEPARTMENT |
| Media Relations |
|---|
| E-mail: media@imf.org |
| Phone: 202-623-7100 |
On June 3, 2013, the Executive Board of the International Monetary Fund (IMF) considered the IMF's bi-annual work program. The Work Program translates the policy priorities laid out in the Global Policy Agenda (GPA) presented to the International Monetary and Financial Committee (IMFC) in April 2013, into the agenda for the Fund over the next six to twelve months.
“The IMF’s work program charts a range of actions needed to invigorate a sustainable recovery and to make the global economy more resilient.” IMF Managing Director Christine Lagarde said in presenting the work program to the Executive Board. “An important goal for all countries is to have more growth and jobs, although individual countries’ challenges and constraints vary,” she said. “We also need to think ahead—and be ahead of the curve—by reflecting on longer-term trends and integrating them into our work.”
Invigorating a Sustainable Recovery
The Fund will focus on assisting all members in identifying emerging risks, potential financing needs, as well as designing calibrated policies to encourage stronger and sustainable growth.
Restoring Resilience
Restoring the world economy’s resilience also requires decisively addressing medium-term structural issues. The Fund will support efforts in this area in a number of ways.
Adapting to the Future
Adapting to the challenges of the future remains a key task for the Fund. Here, the Fund will continue to seek the completion of the 2010 quota and governance reform, reflect on long-term trends that may shape the Fund’s operations in the future, and strengthen the Fund’s human resource management, including diversity.
