2018 Review of Program Design and Conditionality

May 20, 2019

Summary

The 2018 Review of Program Design and Conditionality is the first comprehensive stocktaking of Fund lending operations since the global financial crisis. The review assesses program performance between September 2011 and end-2017. Programs during this period were defined by the protracted structural challenges faced by members and hampered by the persistently weak global environment.

Subject: Balance of payments need, Debt sustainability, External debt, Fiscal consolidation, Fiscal policy, Macrostructural analysis, Public debt, Revenue administration, Structural reforms

Keywords: conditionality framework, Debt sustainability, director, Fiscal consolidation, Fund policy review, Fund program performance, Fund staff, Fund-supported program, Global, PP, PRGT program, program design, Structural reforms

Pages:
172
Volume:
2019
DOI:
https://doi.org/10.5089/9781498315715.007
Issue:
012
Series:
Policy Paper No. 2019/012
Stock No:
PPEA2019012
ISBN:
9781498315715
ISSN:
2663-3493

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