2024 Review Of The Fund’s Transparency Policy And Open Archives Policy
Policy Papers, November 25, 2024
Source details
- Canonical URL
- 2024 Review Of The Fund’s Transparency Policy And Open Archives Policy
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Bibliographic details
- Published: November 25, 2024
- Series: Policy Papers
- DOI: https://doi.org/10.5089/9798400296512.007
Overview
- The Fund has made significant progress towards greater transparency over the past decade.
- Nearly all Board documents are published and are on average published more quickly.
- The information available in the Fund’s archives has significantly increased and is more easily accessible to the public.
- The Fund’s transparency framework, centered around the Transparency and the Open Archives policies, continues to be on par with other comparable international financial institutions.
- Experience suggests these policies are effective in delivering on their objectives, but a more interconnected and shock-prone world has accelerated policymakers’ decision pace and increased stakeholder expectations regarding the availability and timeliness of the Fund’s analysis and policy advice.
Key findings
- Publication coverage: Nearly all Board documents are published.
- Timeliness: Board documents are on average published more quickly.
- Archives access: The information available in the Fund’s archives has significantly increased and is more easily accessible to the public.
- Comparative position: The Fund’s transparency framework remains on par with comparable international financial institutions.
- Stakeholder expectations: Expectations on the availability and timeliness of the Fund’s analysis and policy advice have grown.
Targeted reforms recommended in the 2024 review
- Support faster publication of board documents and communications of Board’s decisions.
- Strengthen the rules and processes to modify Board documents prior to publication.
- Allow faster release of some documents in the Fund’s archives accessible to the public.
- Clarify the scope and objectives of the Transparency and Open Archives policies and their implementation processes.
Support, methods, and inputs
- The review was supported by data analysis.
- The review was supported by surveys and consultations with key stakeholders.
- Details of these analyses and consultations are in the three background papers accompanying this 2024 review.
Content in this bundle
- Policy Paper