Implementing Board-Endorsed Recommendations From The 2024 External Evaluation Of The Fund’s Independent Evaluation Office (IEO)
Policy Papers, November 7, 2024
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- Implementing Board-Endorsed Recommendations From The 2024 External Evaluation Of The Fund’s Independent Evaluation Office (IEO)
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Bibliographic details
- Published: November 7, 2024
- Series: Policy Papers
- DOI: https://doi.org/10.5089/9798400291418.007
Purpose and scope
- Describes implementation steps related to the Board-endorsed recommendations from the Fourth External Evaluation of the Fund's Independent Evaluation Office (The Garcia Silva Report).
- Focuses on staff’s proposals to enhance ownership in implementation and the follow-up of Board-endorsed IEO recommendations (recommendation v), because:
- Recommendations (i-iv) fall under the IEO’s purview.
- Recommendation (vi) (Joint evaluations with other International Financial Institutions' evaluators) was not endorsed by the Executive Board.
Key findings and recommendations from The Garcia Silva Report (as summarized)
- The Garcia Silva Report brought recommendations in six areas to further improve the IEO’s relevance and effectiveness:
- (i) Undertaking Early-Stage Evaluations
- (ii) Review the IEO’s HR Policy
- (iii) Topic Selection
- (iv) IEO Product Line
- (v) Follow-up process
- (vi) Joint evaluations with other International Financial Institutions' evaluators
Staff proposals and implementation emphasis
- Emphasis on enhancing:
- Ownership in implementation of Board-endorsed IEO recommendations.
- The follow-up process for Board-endorsed IEO recommendations (recommendation v).
Subjects and keywords
- Subject: Absorptive capacity, Auditing, Balance of payments, Crisis management, Financial crises, Financial institutions, Multilateral development institutions, Public financial management (PFM)
- Keywords: 2024 External Evaluation Report of the IEO, Absorptive capacity, Auditing, Crisis management, evaluation Policy, External Evaluation of the Independent Evaluation Office (IEO), Global, IEO Director, IEO product line, IEO recommendation, Management Implementation Plan, Multilateral development institutions, The Garcia Silva Report, transparency policy
International Monetary Fund. Strategy, Policy, & Review Department "Implementing Board-Endorsed Recommendations From The 2024 External Evaluation Of The Fund’s Independent Evaluation Office (IEO)", Policy Papers 2024, 051 (2024).
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- Policy Paper