## Fourth Periodic Monitoring Report on the Status of Implementation Plans in Response to Board-Endorsed Recommendations—Assessment by the Evaluation Committee (July 29, 2011)

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### Background
- The Executive Board agreed in January 2008 to refer future Periodic Monitoring Reports (PMRs) to the Evaluation Committee (EVC) for initial consideration and review before reporting to the full Board.
- This procedure was applied to the Fourth PMR and the EVC reviewed and considered the Fourth PMR, broadly endorsing the report’s assessment of the status of performance benchmarks and implementation plans responding to Board-endorsed IEO recommendations.
- The EVC recommends Board approval of the Proposed Decision on page 6 of the report on a lapse of time basis.

### EVC assessment and recommendation
- The EVC finds that key performance benchmarks related to the Implementation Plan in Response to Board-Endorsed Recommendations Arising from the IEO Evaluation of IMF Involvement in International Trade Policy Issues have either been met or are on track for timely completion.
- The EVC recommends Board approval of the Proposed Decision contained in the Fourth PMR.

### Issues requiring further work (three areas)
- Staff mobility across country assignments needs better monitoring:
  - More data on staff tenure need to be gathered and presented to give a comprehensive picture of current practices.
  - The relevant reporting system has been put in place by HRD, and EVC members and other Executive Directors looked forward to more detailed reports in the future, including at any forthcoming briefing of the Board by HRD on strategic personnel issues.
- PMR coverage could be expanded:
  - EVC members and other Executive Directors suggested a table highlighting the status of past implementation plans to facilitate an overall assessment of how IEO recommendations endorsed by the Board are being pursued.
  - Such a presentation could be used in future PMRs and cover follow-up to two recent IEO reports not discussed in the Fourth PMR.
  - Footnote: "IMF Interactions with Member Countries was not covered by the Fourth PMR because insufficient time had elapsed between agreement on the implementation plan (December 2010) and issuance of the Fourth PMR to the Board (March 2011). The EVC had agreed at its last meeting to take forward the implementation plan on IMF Performance in the Run-Up to the Financial and Economic Crisis after a Board discussion of the upcoming Triennial Surveillance Review."
- The process for endorsing IEO recommendations and related follow-up needs strengthening:
  - EVC members and other Executive Directors suggested the upcoming external review of the IEO could examine IEO-related aspects of this issue.
  - This issue should remain on the EVC’s agenda for discussion.

### Proposed Decision
- "The Executive Board supports the conclusions in Paragraph 5 of the Fourth Periodic Monitoring Report on the Implementation of Board-Endorsed IEO Recommendations."

*Source: To: Members of the Executive Board; From: Moeketsi Majoro, Chairman of the Evaluation Committee; July 29, 2011.*

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_Source: https://www.imf.org/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2011/_072911.pdf_