Policy Papers

Policy Coordination Instrument—Operational Guidance Note

May 19, 2021

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Format: Chicago

International Monetary Fund. Strategy, Policy, & Review Department "Policy Coordination Instrument—Operational Guidance Note", Policy Papers 2021, 061 (2021), accessed 12/4/2025, https://doi.org/10.5089/9781513599298.007

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Summary

This note—issued in May 2021 and since superseded by an updated note—provided general guidance on the use of the Policy Coordination Instrument (PCI) through March 2024 (and is being maintained here for archival purposes). Please refer to the updated note for current guidance, which refines operational practices based on recent experience and reflects the policy changes approved by the Board in October 2023.

Subject: Arrears, Balance of payments, Balance of payments need, External debt, Monetary policy, Political economy, Poverty, Poverty reduction strategy

Keywords: Arrears, Balance of payments need, Global, Global Financial Safety Net, guidance note, PCI, PCI program, PCI request, PCI review cycle, Policy Coordination Instrument, Poverty reduction strategy, program review, transparency policy

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