{ "title": "IMF Executive Board Concludes the Fifteenth Periodic Monitoring Report on the Status of Management Implementation Plans in response to Board-Endorsed IEO Recommendations", "publication": "IMF News, November 19, 2025", "sourceUrl": "https://www.imf.org/en/news/articles/2025/11/19/pr-25382-imf-concludes-15th-monitoring-report-on-mang-implplans", "canonical": "https://www.imf.org/en/news/articles/2025/11/19/pr-25382-imf-concludes-15th-monitoring-report-on-mang-implplans", "overlayPath": "/en/news/articles/2025/11/19/pr-25382-imf-concludes-15th-monitoring-report-on-mang-implplans/index.md", "summary": "The Executive Board of the International Monetary Fund (IMF) concluded the Fifteenth Periodic Monitoring Report (PMR) on the Status of Management Implementation Plans (MIPs) in Response to Board-Endorsed Independent Evaluation Office (IEO) Recommendations", "publishDate": "2025-11-19", "sections": [ { "heading": "Overview", "content": "- Press Release No. 25/382; November 19, 2025.\n- Board meeting held on November 12, 2025.\n- The Fifteenth Periodic Monitoring Report (PMR) assesses the Status of Management Implementation Plans (MIPs) in Response to Board-Endorsed Independent Evaluation Office (IEO) Recommendations.\n- Since being instituted in January 2007, the PMR has reported on the status of implementation of Board-endorsed IEO recommendations." }, { "heading": "Scope of the Fifteenth PMR", "content": "- Assessed progress over the past year on 48 actions contained in 11 MIPs.\n- Included one new MIP issued in response to an IEO evaluation issued after the Fourteenth PMR." }, { "heading": "Key Findings and Implementation Metrics", "content": "- Substantial progress has been made with the implementation of management actions despite persistent work pressures.\n- Closure of 24 actions, corresponding to a 50 percent implementation rate for this PMR cycle.\n- Comparative metrics:\n - Previous PMR implementation rate: 54 percent.\n - Average implementation rate over the last seven PMR monitoring cycles: 35 percent per year.\n- Implementation was particularly faster on actions envisaged in more recent MIPs, including:\n - MIP in response to the IEO Evaluation on the IMF’s Emergency Response to the COVID-19 Pandemic.\n - MIP in response to the IEO Evaluation on IMF Engagement with Small Developing States." }, { "heading": "Actions to be Retired from PMR Monitoring", "content": "- Four MIPs will be retired from PMR monitoring after the current cycle:\n - IMF Collaboration with the World Bank on Macro-structural Issues.\n - Behind the Scenes with Data at the IMF.\n - The Role of the IMF as Trusted Advisor.\n - The Board Categorization of Open Actions in Management Implementation Plans." }, { "heading": "Frameworks and Process Strengthening", "content": "- The prototype slippages framework has been formally adopted.\n - The framework is anchored in the Fund’s Enterprise Risk Management Framework (ERM) and utilizes ERM tools and processes.\n- This slippages framework, together with the Framework to Address Open Management Actions in Response to Board-endorsed IEO Recommendations approved in 2019, will further strengthen the evaluation follow-up process." }, { "heading": "Executive Board Assessment — Summary of Directors’ Views", "content": "- Directors broadly endorsed the assessment contained in the PMR.\n- Appreciation for the pace of implementation, noting it is comparable to the last PMR and much higher than the seven-cycle average.\n- Recognition that action plans are integrated into ongoing workstreams and reviews, and that implemented actions balance strategic and operational objectives.\n- Noted areas requiring continued attention or further work:\n - Concerns about whether the new mission chief and country team tenure metric sufficiently address continuity and tailored advice, particularly for FCS and SDS.\n - Emphasis that sufficiently long tenures are vital for fostering trust and providing effective, country-specific support.\n - Need for continued progress in budget reporting to support strategic decision making and prioritization by the Board.\n - Encouragement of continued efforts to enhance collaboration with the World Bank on macro-structural issues.\n - Requests to revisit, when resources allow, the decision not to publish indices on CFMs raised by some Directors.\n - Concerns from a number of Directors regarding the retired action on the share of underrepresented nationals and women at senior levels; they underscored the need for follow up across other workstreams to ensure successful achievement of diversity targets.\n- Overdue actions:\n - Directors noted progress made over the past year on overdue actions, and that over half of them are newly overdue.\n - Stressed that continued prioritization of implementation efforts will be key to maintaining the high pace of implementation in an environment characterized by elevated workloads and multiple demands on Fund staff.\n - Encouraged timely completion of overdue actions linked to the Capacity Development Guidance Note and the Review of Conditionality.\n - Emphasized the need to ensure that the reformulated overdue action on social protection achieves the objective of effectively guiding the Fund’s involvement in this area.\n- Directors welcomed the proposal to implement permanently the prototype slippages framework anchored in the ERM framework and utilizing ERM tools and processes." }, { "heading": "Contact for Media", "content": "- IMF Communications Department, MEDIA RELATIONS\n- PRESS OFFICER: Angham Al Shami\n- Phone: +1 202 623-7100\n- Email: MEDIA@IMF.org\n- @IMFSpokesperson\n\nPress Release No. 25/382; International Monetary Fund; November 19, 2025.\n\n---\n\n\n References\n\n- Press Releases\n- PRESS CENTER\n- Fourteenth PMR\n- http://www.IMF.org/external/np/sec/misc/qualifiers.htm\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/news/articles/2025/11/19/pr-25382-imf-concludes-15th-monitoring-report-on-mang-implplans" } ], "bullets": [ "[Markdown version](/en/news/articles/2025/11/19/pr-25382-imf-concludes-15th-monitoring-report-on-mang-implplans/index.md)", "[Structured JSON version](/en/news/articles/2025/11/19/pr-25382-imf-concludes-15th-monitoring-report-on-mang-implplans/index.json)", "[Bundle manifest](/en/news/articles/2025/11/19/pr-25382-imf-concludes-15th-monitoring-report-on-mang-implplans/bundle-manifest.json)", "Published: November 19, 2025", "Press Release No. 25/382; November 19, 2025.", "Board meeting held on November 12, 2025.", "The Fifteenth Periodic Monitoring Report (PMR) assesses the Status of Management Implementation Plans (MIPs) in Response to Board-Endorsed Independent Evaluation Office (IEO) Recommendations.", "Since being instituted in January 2007, the PMR has reported on the status of implementation of Board-endorsed IEO recommendations.", "Assessed progress over the past year on 48 actions contained in 11 MIPs.", "Included one new MIP issued in response to an IEO evaluation issued after the Fourteenth PMR.", "Substantial progress has been made with the implementation of management actions despite persistent work pressures.", "Closure of 24 actions, corresponding to a 50 percent implementation rate for this PMR cycle.", "Comparative metrics:", "Implementation was particularly faster on actions envisaged in more recent MIPs, including:", "Four MIPs will be retired from PMR monitoring after the current cycle:", "The prototype slippages framework has been formally adopted.", "This slippages framework, together with the Framework to Address Open Management Actions in Response to Board-endorsed IEO Recommendations approved in 2019, will further strengthen the evaluation follow-up process.", "Directors broadly endorsed the assessment contained in the PMR.", "Appreciation for the pace of implementation, noting it is comparable to the last PMR and much higher than the seven-cycle average.", "Recognition that action plans are integrated into ongoing workstreams and reviews, and that implemented actions balance strategic and operational objectives.", "Noted areas requiring continued attention or further work:", "Overdue actions:", "Directors welcomed the proposal to implement permanently the prototype slippages framework anchored in the ERM framework and utilizing ERM tools and processes.", "IMF Communications Department, MEDIA RELATIONS", "PRESS OFFICER: Angham Al Shami", "Phone: +1 202 623-7100", "Email: MEDIA@IMF.org", "@IMFSpokesperson", "[Press Releases](https://www.imf.org/en/news/searchnews)", "[PRESS CENTER](http://presscenter.imf.org/)", "[Fourteenth PMR](https://www.imf.org/en/Publications/Policy-Papers/Issues/2024/11/19/Fourteenth-Periodic-Monitoring-Report-On-The-Status-Of-Management-Implementation-Plans-In-557468)", "[http://www.IMF.org/external/np/sec/misc/qualifiers.htm](http://www.imf.org/external/np/sec/misc/qualifiers.htm)", "[https://www.imf.org/en/home](https://www.imf.org/en/home)" ], "alternates": { "markdown": "/en/news/articles/2025/11/19/pr-25382-imf-concludes-15th-monitoring-report-on-mang-implplans/index.md", "json": "/en/news/articles/2025/11/19/pr-25382-imf-concludes-15th-monitoring-report-on-mang-implplans/index.json", "bundleManifest": "/en/news/articles/2025/11/19/pr-25382-imf-concludes-15th-monitoring-report-on-mang-implplans/bundle-manifest.json" }, "generatedAtUtc": "2026-09-26T04:16:33.199Z" }