IMF Executive Board Announces Follow Up Work on Institutional Safeguards

IMF News, December 17, 2021

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Press Release No. 21384
In its October 11, 2021 statement, the IMF’s Executive Board noted that it had “confidence in the impartiality and analytical excellence of IMF staff and in the IMF’s robust and effective channels for complaint, dissent, and accountability,” but it would consider “possible additional steps to ensure the strength of institutional safeguards in these areas.”
The Executive Board has established a Steering Group to lead a follow-up review.

Objective: help ensure the staff, Management, and Executive Board maintain the highest possible standards around internal governance, use of data, and accountability.
The review will be based on an integrated approach.

Executive Board’s Steering Group working with Management and two Staff Working Groups focused on:
- internal governance and staff voice; and
- data and analysis integrity.
The Steering Group and Staff Working Groups will:
- take stock of current procedures and systems in place,
- assess their effectiveness, and
- recommend improvements as needed to ensure that arrangements reflect best practices.

Press Release No. 21384 — IMF Communications Department, December 17, 2021.