High-Level Summary Technical Assistance Reports
The High-Level Summary Technical Assistance Report series provides high-level summaries of the assistance provided to IMF capacity development recipients, describing the high-level objectives, findings, and recommendations.
2025
March 18, 2025
Uzbekistan: Medium-Term Debt Management Strategy and Annual Borrowing Plan
Description: At the request of the authorities, a joint World Bank-IMF technical assistance (TA) mission visited Tashkent, Uzbekistan during October 9–20, 2023 to help the authorities in developing a mediumterm debt management strategy (MTDS), designing an Annual Borrowing Plan (ABP), and to train the authorities on the use of the Medium-term Debt Management Strategy Analytical tool (MTDS AT) and ABP AT. The mission presented its main findings and recommendations to the authorities and left a draft report at the end of the mission.
March 14, 2025
Papua New Guinea: Climate Policy Diagnostic
Description: This technical assistance conducts a Climate Policy Diagnostic (CPD) for Papua New Guinea, covering climate adaptation and mitigation policy, as well as enabling institutions. Climate-related risks are macro-critical considerations for Papua New Guinea, while the country faces acute policy challenges in addressing climate-development nexus. This CPD identifies policy reforms that are good for climate and economic growth and promote fiscal sustainability. A systematic policy approach is needed to strengthen the climate resilience of water supply sector and disaster risk management. Carbon pricing can play a major role in the fiscal policy package to encourage climate actions in the energy and forestry sectors. Increasing the Treasury’s engagement and strengthening cross-sectoral coordination would also help unlock climate investment.
March 7, 2025
The Gambia: Public Investment Management Assessment Update with the Climate Module
Description: The assistance assessed The Gambia’s public investment management practices and their climate sensitivity using the Public Investment Management Assessment (PIMA) with the Climate Module (C-PIMA). Findings reveal progress in strengthening the institutional design of public investment management since the 2019 PIMA, with advances such as the 2020 Cabinet Memorandum establishing the Gambia Strategic Review Board, the 2023 State Owned Enterprise (SOE) Act for centralized SOE oversight, and improved procurement legislation. However, gaps in project selection criteria, centralized reviews, and risk assessment persist. The assessment also noted weaknesses in the climate sensitivity of public investment management, with limited integration of climate risks into project planning, appraisal, and selection. Recommendations include creating a public investment management information system, centralizing PIM oversight within the Ministry of Finance, establishing project selection pipelines, and enhancing climate-related criteria within investment decisions.
February 28, 2025
Bhutan: Development of an Interest Rate Corridor Framework
Description: At the request of the Royal Monetary Authority of Bhutan (RMA), an IMF South Asia Regional Training and Technical Assistance Center (SARTTAC) visited Thimphu during August 20-29, 2024. The mission’s objectives were to assist the authorities in setting up interest rate corridor (IRC) and operationalizing the related instruments, operations, liquidity forecasting, and collateral frameworks.
February 26, 2025
Bosnia and Herzegovina: Technical Assistance Report-Technical Assistance to Develop a Macroeconomic Framework at the Central Bank of Bosnia and Herzegovina
Description: Technical assistance to develop a macroeconomic framework was delivered to the Central Bank of Bosnia and Herzegovina (CBBH) between April 2021 and December 2023. The Quarterly Macro Forecasting Framework (QMFF) developed during this project is a quarterly framework whose main behavioral equations are specified in terms of deviations of real variables from their long-run trends. The framework is a novel combination of a gap-based modeling approach and financial programing. This novel approach was custom-built for the CBBH, but it has the flexibility to be adjusted to accommodate the macroeconomic characteristics of various countries and different exchange rate regimes, as well as to incorporate backward- or forward-looking expectation formation. While considerable progress has been achieved in the operation of the QMFF, more time and resources are needed to fully utilize and integrate the QMFF as the CBBH’s main policy analysis and forecasting tool.
February 11, 2025
Namibia: Retail Central Bank Digital Currency Exploration and Roadmap
Description: At the request of the Bank of Namibia (BoN), an IMF mission team conducted a technical assistance (TA) from January 15 to February 1, 2024. The mission assisted the authorities in establishing the groundwork for a feasibility study of a retail central bank digital currency (rCBDC) and drafting a roadmap for the BoN's CBDC exploration. The mission also reviewed requirements for rCBDC issuance, including institutional capacity, technology, cybersecurity, and legal foundations. The mission recommended the BoN assess how rCBDC can improve the payment systems and financial inclusion in Namibia compared to alternative solutions. The authorities are advised to establish a compelling rationale for rCBDC before embarking on a more resource-intensive undertaking. The mission suggested that the BoN continue developing expertise and capacity in rCBDC across policy, technology, and legal domains, including through continued engagement with stakeholders.
January 23, 2025
Diagnóstico de Política Climática en la República Dominicana: Climate Policy Diagnostic
Description: [This title is only available in Spanish] The Dominican Republic requested capacity development on climate policy from the Fiscal Affairs Department. This is a summary of the technical assistance report and the recommendations provided to the authorities. The report includes recommendations to improve adaptation and resilience to extreme weather events on the island, such as tropical storms, hurricanes, floods and droughts, with emphasis on reforms to water resource management, and disaster risk management financing. The report also proposes mitigation policies and reforms to the electricity sector, aligned with the country's development strategy and its international emission reduction commitments. Finally, the report offers institutional and governance recommendations to better integrate climate considerations into decision-making processes in the public sector.
January 8, 2025
Sierra Leone: Report on Employment and Remuneration Matrices Mission (May 13–24, 2024)
Description: A field-based-work mission to Sierra Leone was conducted in the framework of the Data for Decisions (D4D) Project and the Sierra Leone National Accounts rebasing project. The mission assisted the National Accounts and Economic Statistics Division (NAESD) of Statistics Sierra Leone (Stats SL) in compiling a final version of the 2018 employment and remuneration matrices (ERM) by economic activity, category of employment, and gender and the estimates for the non-observed activities including the informal activities. The mission also provided training to the staff on the ERM annual series by sharing methodology guidelines and helping with the search of new statistical sources for its compilation. This is the fifth mission to assist on the compilation of the final version of the 2018 ERM following the key recommendations of the System of National Accounts 2008 (2008 SNA). During the fourth mission, which was the first in-person technical assistance conducted in April 2023, a robust but preliminary ERM was completed for 2018. This was used as an input in the Supply and Use Tables (SUT) and in the estimation of the actual Gross Domestic Product (GDP) released for the base year 2018. With the inclusion of the majority of the data that was missing from the labor demand side, the final version of the 2018 ERM was compiled during this mission. In search of new statistical sources, meetings were coordinated, and attended, with four key public institutions: Bank of Sierra Leone (BSL), National Revenue Authority (NRA), National Social Security and Insurance Trust (NASSIT), and Ministry of Finance (MoF). Also, the mission suggested to the authorities that Stats SL consider designing and collecting a permanent/continuous household survey on an annual basis in pursuit of strengthening the country's basic statistics, their quality, and the continuous improvement of national accounts (NA) estimates in the future.
January 8, 2025
India - State of Odisha - Public Investment Management Assessment — PIMA and Climate PIMA
Description: An IMF team found that the State of Odisha had an overall public investment management (PIM) system that compared well with other emerging market economies, reflecting in particular strong institutions at the execution stage, which have helped the State increase significantly its public investment effort over the last few years. The State also displays some encouraging practices in terms of climate-sensitive PIM. However, several challenges persist and have to do mostly with the first stage (planning, appraisal) and the second stage (maintenance, selection of projects) of the PIM cycle. The team has identified five high-priority recommendations that could improve PIM processes and support the effective implementation of the Government of Odisha’s investment policy and development agenda, including to increase resilience against climate change.
2024
December 30, 2024
United Republic of Tanzania: Data Quality Assessment for Public Sector Debt Statistics Mission (September 23–27, 2024)
Description: In September 2024, an assessment was undertaken of the data quality of the public sector debt statistics (PSDS) of the United Republic of Tanzania against the IMF’s Data Quality Assessment Framework (DQAF) for PSDS. The mission was undertaken as part of a project to strengthen the quality of public sector debt in select African countries, funded by the Government of Japan. The mission reviewed the PSDS compilation and dissemination practices against each element of the DQAF and presented a series of recommendations to improve the quality and transparency of the PSDS of the United Republic of Tanzania.