Statement by the Managing Director on the FY 2024 Work Program of the Executive Board Executive Board Meeting May 30, 2023
Policy Papers, July 21, 2023
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- Statement by the Managing Director on the FY 2024 Work Program of the Executive Board Executive Board Meeting May 30, 2023
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Bibliographic details
- Published: July 21, 2023
- Series: Policy Papers
- DOI: https://doi.org/10.5089/9798400250644.007
Overview and Objectives
- The Executive Board Work Program (BWP) for FY 2024 covers the period May 2023 to April 2024.
- Primary focus: supporting the membership in responding to current challenges through:
- prompt and tailored policy advice;
- financial assistance—buttressed by efforts to support debt restructuring processes;
- capacity development.
- The BWP ensures the Board can continue to closely monitor economic and financial developments and discuss macro policy responses.
- The BWP provides opportunities to deliberate on key Fund policies and operations.
- Given continued high uncertainty, the BWP will need to remain flexible and adaptable to prioritize the membership’s changing needs, while recognizing the Fund’s constrained budget environment.
Core Activities and Emphases
- Support to members:
- Policy advice tailored to country circumstances.
- Financial assistance aligned with debt restructuring support.
- Capacity development to strengthen member policy implementation.
- Monitoring and deliberation:
- Continued close monitoring of economic and financial developments.
- Discussion of macro policy responses at the Board level.
- Opportunities to deliberate on key Fund policies and operations.
Institutional Constraints and Implementation Principles
- Flexibility and adaptability:
- The BWP must remain flexible and adaptable in light of continued high uncertainty.
- Budget considerations:
- Implementation will occur while recognizing the Fund’s constrained budget environment.
Metadata and Identifiers
- Period covered: May 2023 to April 2024
- Publication type: Policy Paper
- Series: Policy Paper No. 2023/033
- Volume: 2023
- Issue: 033
- Pages: 4
- DOI: https://doi.org/10.5089/9798400250644.007
- ISBN: 9798400250644
- ISSN: 2663-3493
- Subjects: Monetary policy, Political economy, Public debt
- Keywords: Administrative ERM policy, data gaps initiative report, debt restructuring processes, Fund policy, Global, macro policy response, Policy advice, Policy trade-off, support countries undertaking debt restructuring, transparency Policy review
Statement by the Managing Director on the FY 2024 Work Program of the Executive Board Executive Board Meeting May 30, 2023
Content in this bundle
- Policy Paper