## cdsr-infographic-2024

## Source details

**Canonical URL:** [cdsr-infographic-2024](https://www.imf.org/-/media/files/capacity-developement/brochures/cdsr-infographic-2024.pdf)

## Other formats

- [Markdown version](/-/media/files/capacity-developement/brochures/cdsr-infographic-2024.pdf.md)
- [Structured JSON version](/-/media/files/capacity-developement/brochures/cdsr-infographic-2024.pdf.json)

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### Timeline and context
- 196419741984199420042014 2023
- ECONOMIES IN TRANSITION
- GLOBAL FINANCIAL CRISIS
- NEWLY-INDependent AFRICAN STATES
- COVID-19 PANDEMIC

### Key trends
- Changing Country Needs
- Implementation of Past CDSRs
- Expanding CD Footprint
- Lessons from the Pandemic
- Reliance on External Financing
- Growing Importance of Specialist Skills
- Prioritization and Integration
- Funding Model
- Monitoring and Evaluation
- Modalities
- Field Presence
- HR Policies

### Capacity Development (CD) health check
- Every five years, the IMF undertakes a comprehensive review of its capacity development (CD) strategy.
- CD accounts for around one-third of the IMF’s direct work with member countries.
- The past two CD strategy reviews in 2013 and 2018 led to reforms to increase the efficiency and impact of CD, while strengthening internal governance.
- The 2024 review:
  - Builds upon prior reforms to advance the evolution of the Fund’s CD.
  - Calls for CD to become more flexible, better integrated with the Fund’s economic analysis and lending activities, and well-tailored to respond to member needs.
  - Benefitted from the recent independent evaluation of IMF CD and inputs including internal and external consultations with stakeholders, surveys of recipients and development partners, staff background studies, and recommendations of an External Advisory Group.

### Comparative advantages of IMF Capacity Development
- DEMAND-DRIVEN, provided to members on request. It is not conditional upon lending.
- INTEGRATED with surveillance and lending, which is critical in crisis situations, where the IMF’s ability to quickly mobilize high-quality technical advice reinforces its financial support.
- CONVENING POWER that allows IMF to link member’s domestic policy agendas effectively with global trends, coordinate with other development partners, and direct CD to support key reforms.
- Noteworthy DIAGNOSTIC and ASSESSMENT TOOLS that draw upon the IMF’s technical expertise and comprehensive coverage and often forms the basis for follow-up CD even from other providers.
- Comprehensive POLICY-ORIENTED TRAINING that we offer to government officials on macroeconomic policy.

### Fund capacity development spending and partners
- Over 40 bilateral and multilateral partners finance about one half of the IMF’s capacity development efforts around the world. Source: Fund staff estimates.
- Fund Capacity Development Spending Over Time (Index 1964=100, in FTE) — graphic referenced.
- Country operations spending excludes Activities related to policy, analytics, and other output areas.
- Source: Fund staff estimates. Excludes minor miscellaneous items and travel.

### Country Operations Spending by Major IMF Activities, FY2023 (percent of total)
- 41% DIRECT COUNTRY OPERATIONS
- 28% CORPORATE FUNCTIONS
- 10% FUND GOVERNANCE AND FUND FINANCES
- 8% FUND POLICIES AND ANALYTICAL WORK
- 12% MULTILATERAL SURVEILLANCE AND GLOBAL COOPERATION
- CAPACITY DEVELOPMENT 30%
- CAPACITY DEVELOPMENT 41%
- BILATERAL SURVEILLANCE LENDING 29%

### CD fit for purpose — medium-term goals
- Flexibility
  - Strengthen monitoring and reporting.
  - Strengthen agility to factor in new priorities.
  - Strike the right balance with programmatic and short-term CD.
- Integration
  - Improve coverage of CD in staff reports for countries benefiting from extensive CD.
  - Create stocktaking opportunities to strengthen capacity for integration with policy advice and IMF programs.
- Tailoring
  - Tailoring has led to better results, supported by external evaluations and staff analysis.
  - Reinforces ownership throughout the project lifecycle.
  - Modernizing modalities, including by leveraging technology, can further increase the efficiency, tailoring, and impact of CD.
  - Tailoring to country circumstances and closer collaboration are key drivers of CD effectiveness.

### Strategy and schematic
- VISION: Flexibility | Integration | Tailoring
- STRATEGY: SCHEMATIC DIAGRAM: CD STRATEGY REVIEW (graphic referenced)
- Learn more about IMF CD and our top IMF Partners at IMF.org/capdev. (text on infographic)

### Six key reform areas from the 2024 review
- strengthening CD prioritization and integration
- enhancing the funding model
- strengthening monitoring and evaluation
- modernizing modalities
- increasing field presence
- reviewing our human resources policies

*Source: Fund staff estimates; content derived from the "Capacity Development Strategy Review" infographic (cdsr-infographic-2024).*

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_Source: https://www.imf.org/-/media/files/capacity-developement/brochures/cdsr-infographic-2024.pdf_