Statement by the Managing Director on the Independent Evaluation Office Report on IMF Response to the Financial and Economic Crisis: An IEO Assessment
October 21, 2014
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The Independent Evaluation Office (IEO) has produced a detailed report that provides valuable insights on how the IMF responded to the global financial and economic crisis. The analysis in the report is broadly balanced, and Managing Director welcomes the IEO’s finding that the IMF played an important role in the global response to the crisis, and broadly supports the report’s recommendations.
Subject: Developed countries, Financial Sector Assessment Program, Fiscal consolidation, Fiscal policy, Fund role, Global Financial Crisis 2008-2009, Independent Evaluation Office, Managing Director reports, Monetary policy, Surveillance
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