Transparency at the IMF

Why is transparency important?

The IMF’s approach to transparency is to disclose information in a timely way unless there are strong, specific reasons against such disclosure. By being open and clear about its policies and the advice it provides to member countries, the IMF contributes to a better understanding of the organization and makes it easier to hold it accountable.

Transparency by IMF member countries helps their economies function better and makes them less vulnerable to crises. By being open, member countries encourage public discussion and examination of policies, enhance accountability and credibility, and contribute to efficient and orderly functioning of global financial markets.