IMF Executive Board Concludes 2019 Article IV Consultation with Timor-Leste
IMF News, April 24, 2019
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- IMF Executive Board Concludes 2019 Article IV Consultation with Timor-Leste
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Bibliographic details
- Published: April 24, 2019
Article IV consultation outcome and timeline
- On March 27, 2019, the Executive Board of the International Monetary Fund concluded the consideration of the 2019 Article IV consultation with Timor-Leste.
- The authorities need more time to consider the publication of the staff report and the related press release.
Summary of the Article IV process (as described in the release)
- Under Article IV of its Articles of Agreement, the IMF has a mandate to exercise surveillance over the economic, financial and exchange rate policies of its members to ensure the effective operation of the international monetary system.
- The IMF’s appraisal involves a comprehensive analysis of the general economic situation and policy strategy of each member country.
- IMF economists visit the member country, usually once a year, to collect and analyze data and hold discussions with government and central bank officials.
- Upon return, the staff submits a report to the IMF’s Executive Board for discussion; the Board’s views are subsequently summarized and transmitted to the country authorities.
Key administrative and procedural points
- The page references resources and links categories: The Executive Board; Related Links; Democratic Republic of Timor-Leste and the IMF; IMF Policy Advice -- A Factsheet; Press Releases; IMF Press center.
- The IMF Press Center is noted as a password-protected site for working journalists.
IMF Executive Board Concludes 2019 Article IV Consultation with Timor-Leste — Press Release No. 19/126 (page content).
