2026 Review of IMF Program Design and Conditionality Public Consultation | Open from March 26, 2026–April 30, 2026

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Canonical URL: 2026 Review of IMF Program Design and Conditionality Public Consultation | Open from March 26, 2026–April 30, 2026

The 2026 Review of Program Design and Conditionality (ROC) is the first review to take place since the COVID pandemic.
The review aims to ensure that IMF-supported programs help member countries:
- restore medium-term external viability,
- build resilience against an uncertain and evolving international context by resolving balance of payments imbalances,
- rebuild policy space,
- strengthen policy frameworks.
These objectives are framed as critical to safeguarding macroeconomic stability and fostering sustainable and inclusive growth.
Main themes the review will center on:
- implementing realistic, credible, and balanced macroeconomic adjustment,
- ensuring robust program design under high uncertainty,
- encouraging timely engagement with the Fund,
- resolving cases of persistent balance of payments needs,
- adequacy of program financing.

Consultation open period:
- Public Consultation open from March 26, 2026–April 30, 2026 (extended to May 14, 2026).
Responses and participation:
- A total of 83 responses were received.
Targeted and invited participants:
- Stakeholders from all over the world covered by the 2015 Guidelines on the IMF Staff Engagement with Civil Society Organizations (CSOs) are invited, including:
- Non-governmental organizations (NGOs) and CSOs
- Business forums
- Faith based organizations
- Youth organizations
- Labor unions and professional organizations
- Local community groups
- Philanthropic and charitable organizations
- Gender and women’s associations
- Local organizations of persons with disabilities
- Social movements (including representatives of the informal sector and rural areas)
- Academics
- Research centers
- Think tanks
Survey logistics:
- The public consultation solicits written inputs through an open-ended survey centered around key questions.
- There are 5 survey questions.
- Completing the survey should take approximately 20 minutes.
- Survey materials and the survey are available in English, French, Spanish, and Arabic.
- All responses must be submitted electronically through the online form ideally by April 21, 2026, and no later than April 30, 2026.

Phase 1. Awareness Raising Meeting:
- A virtual session to introduce the review and consultation process took place on July 17, 2025.
Phase 2. Online surveys:
- Stakeholders’ views solicited through online surveys primarily aimed at country authorities, IMF Executive Directors, IMF Mission Chiefs, private sector representatives, and CSOs (Fall 2025) and a public consultation open to all stakeholders (Spring 2026).
- The public consultation collects written inputs through the open-ended survey (5 questions, ~20 minutes).
Phase 3. Follow-up discussion(s):
- Virtual/hybrid meeting(s) with those who participated in phase 2 to share findings, dig deeper into feedback, and provide updates on the whole review process.

The ROC focuses on program design elements under high uncertainty and on program financing adequacy.
The consultation renewed invitations to CSOs and the private sector to share views and is open to all non-media stakeholders.
Survey completion requirements:
- Responses must be submitted electronically via the online form without exception.