Policy Papers

Guidance Note on the Implementation of Post-Program Monitoring

March 18, 2010

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Guidance Note on the Implementation of Post-Program Monitoring, (USA: International Monetary Fund, 0) accessed October 12, 2024

Summary

The Executive Board has agreed that post-program monitoring (PPM), with formal involvement of the Board, could be useful in certain cases. Specifically, the Board has decided that when a member’s outstanding credit from the General Resources Account (GRA) of the Fund, or from the Fund as Trustee of the Poverty Reduction and Growth Trust (PRGT), or a combination thereof, exceeds a threshold of 200 percent of quota, and the member no longer has an arrangement or is not implementing a staff-monitored program with reports issued to the Board, there should be a presumption that the member will engage in PPM with the Fund of economic developments and policies after the expiration of the arrangement.

Subject: General Resources Account, Members, Post-program monitoring, Poverty Reduction and Growth Trust

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