Policy Papers

Implementation Plan in Response to the Board-Endorsed Recommendations from the IEO Evaluation Report on IMF Engagement with Small Developing States

March 24, 2023

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Format: Chicago

International Monetary Fund. "Implementation Plan in Response to the Board-Endorsed Recommendations from the IEO Evaluation Report on IMF Engagement with Small Developing States", Policy Papers 2023, 011 (2023), accessed 12/19/2025, https://doi.org/10.5089/9798400238116.007

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Summary

This paper presents a Management Implementation Plan (MIP) with actions to take forward the Board-endorsed recommendations from the Independent Evaluation Office (IEO)’s report on IMF Engagement with Small Developing States (SDS). The actions in the MIP are broad in scope, touching on all modalities of the Fund’s engagement with SDS, and seek to be comprehensive, self-reinforcing, cost-effective, and designed to be adopted as a package. The MIP aims to support a targeted and effective recalibration of engagement with SDS; enhance IMF’s surveillance and capacity development in SDS members; strengthen the Fund’s lending engagement with SDS, in line with the applicable policy frameworks; and secure an effective, well-tailored and more continuous staff presence in SDS.

Subject: Budget planning and preparation, Climate change, Economic sectors, Environment, Financial sector, Monetary policy, Political economy, Public financial management (PFM)

Keywords: Budget planning and preparation, Capacity development, Caribbean, Central America, climate, Climate change, Financial sector, Global, IMF's transparency policy, lending, policy frameworks, presence in SDS, SDS member, SDS staff guidance note, SDS-SGN update, small developing states, staffing, surveillance, training