## _071612

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### Overview
- Report updates the set of tables on key trends in implementation of the Fund’s transparency policy with information on documents issued to the Board through December 2011.
- Prepared by the Strategy, Policy, and Review Department, in consultation with other Departments, and approved by Siddharth Tiwari (July 16, 2012).

### Publication definition and methodology
- "Publication refers to documents considered by the Board during the calendar year, and published within six months of the end of the calendar year; e.g. the publication rate for 2011 refers to the documents discussed by the Board in 2011 and published by June 30, 2012."
- "Data include documents issued for the Board's consideration in a meeting or on a lapse-of-time basis."
- Notes clarify scope and exceptions, including:
  - Policy papers included only for those policy papers for which publication is presumed under the Transparency Policy.
  - ROSCs include initial ROSC assessments and reassessments produced by the IMF, as well as the World Bank and, in the case of AML/CFT ROSCs, by FATF and FSRB, issued on a stand-alone basis or in FSSAs.
  - Country-specific documents are published on a "non-objection basis" from the member country, with technical delays typically not exceeding a few business days.
  - Because a single report can have deletions falling into multiple categories (e.g., exchange rate, financial sector and/or other areas), there is no fixed relationship between columns in the deletions table.

### Tables and contents (inventory of substantive data tables)
- Table 1. Trends in Publication Rates
  - Publication rates by report type for calendar years 2009, 2010, 2011.
  - Report types include: Staff Reports; Article IV, UFR, or Combined; Stand-alone Article IV; Article IV combined with UFR, PPM, SMP, EPA, PSI; Stand-alone UFR; Stand-alone PPM, SMP, EPA, PSI; Joint Staff Advisory Notes; HIPC Country Papers; Selected Issues / Statistical Annexes; FSSAs; ROSCs; Article IV Public Information Notices (PINs); UFR and PSI Chairman's statements; Authorities' statements; Country Policy Intention Documents (LOIs/MEFPs/TMUs; PRSPs, I-PRSPs, and related reports); Policy Papers.
- Table 2. Trends in Publication Rates of Article IV and UFR Staff Reports
  - Publication rates by economic and regional characteristics (Advanced economies; Emerging markets; Developing countries; Emerging market and developing countries; Africa; Asia; Central and Eastern Europe; CIS and Mongolia; Middle East; Western Hemisphere; Exceptional Access Countries).
- Table 3. Trends in Publication Lags
  - Publication lags (number of calendar days) and percent of reports with lag > 1 month and > 2 months.
  - Disaggregation by report type (Article IV and UFR staff reports; Article IV; Combined; UFR) and by region/group (Advanced economies; Emerging markets; Developing countries; Emerging market and developing countries; Africa; Asia; Central and Eastern Europe; CIS and Mongolia; Middle East; Western Hemisphere).
  - Selected other documents included: Selected Issues / Statistical Annexes; Article IV PINs; UFR and PSI Chairman's statements; Country Policy Intention Documents; Policy papers.
- Table 4. Deletions in Article IV and UFR Staff Reports
  - Counts and percent shares of published Article IV and UFR reports with deletions, including deletions on exchange-rate issues and financial-sector issues.
  - Disaggregation by region/group and by exchange-rate regime (countries with fixed or crawling pegs or bands; countries with other exchange rate regimes).
- Table 5. Members Having Published All Article IV/UFR Staff Reports in 2011
  - Lists members and groups of members and members' territories that had published all their Article IV/UFR staff reports considered by the Board in 2011, by June 30, 2012.
  - Note: Members who published all but one of their Article IV/UFR staff reports as of June 30, 2012 are identified separately (Burkina Faso, Honduras, Saint Lucia, and Uganda), with Burkina Faso publishing its remaining staff report on July 2, 2012.
  - Note: The list does not reflect the 33 members that did not have an Article IV or UFR document considered by the Board in 2011 (Argentina, Aruba, Azerbaijan, Bahrain, Bosnia, Cambodia, Central African Republic, Denmark, Ecuador, Egypt, Eritrea, Finland, Grenada, India, Jordan, Lebanon, Madagascar, Malawi, Malaysia, Namibia, Norway, Pakistan, Palau, Panama, Sao Tome and Principe, Serbia, Singapore, Somalia, Syria, Thailand, Tunisia, Uzbekistan and Venezuela).
- Table 6. Members That Did Not Publish Any Article IV/UFR Staff Reports in 2011
  - Lists countries that had Article IV/UFR documents considered by the Board in 2011 but had not published those documents by June 30, 2012.
  - Note: For the Board meetings in 2011, Antigua and Barbuda, Brazil, Brunei, Djibouti, Equatorial Guinea, Ethiopia, Libya, Oman, Sri Lanka and Turkmenistan published their PINs.
- Table 7. Longest and Shortest Publication Lags for 2011
  - Calendar-day publication lags between the Board date and the publication date for Article IV/UFR documents considered in 2011, listing both shortest and longest lags and the corresponding members (examples of entries include zero-day lags and multi-hundred-day lags).

### Key procedural and interpretive points presented in the report
- Publication performance monitoring is done regularly and the set of tables is an update to the previous Key Trends (Key Trends in Implementation of the Fund's Transparency Policy (07/06/11)).
- Publication accounting is tied to Board consideration dates and a six-month publication window measured from the end of the calendar year in which the Board consideration occurred.
- The scope of counted documents includes documents issued for Board consideration both in meetings and on a lapse-of-time basis.
- Deletions in staff reports are tracked and categorized, with special attention to exchange-rate and financial-sector deletions.

*International Monetary Fund — Key Trends in Implementation of the Fund’s Transparency Policy (tables and accompanying notes, documents issued to the Board through December 2011).*

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_Source: https://www.imf.org/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2012/_071612.pdf_