{
  "title": "Message from the Managing Director",
  "publication": "Annual Report of the Executive Board, May 20, 2014",
  "sourceUrl": "https://www.imf.org/en/publications/areb/issues/2016/12/31/message-from-the-managing-director",
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  "summary": "International Monetary Fund",
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    {
      "heading": "Overview",
      "content": "- Publication: Annual Report 2015—Message from the Managing Director\n- Date referenced in header: May 2014\n- Author/Signatory: Christine Lagarde"
    },
    {
      "heading": "Major challenges faced during the year",
      "content": "- Sudden, steep decline of oil prices:\n  - For most members, lower prices supported growth amid concerns about a new mediocre in the world economy.\n  - Oil producers faced difficult adjustments.\n  - These developments increased the demand for the IMF’s analytical work and policy advice.\n- Ebola pandemic in Guinea, Liberia, and Sierra Leone:\n  - The IMF moved quickly to support the three governments to respond to the crisis and restart their economies.\n  - The IMF provided more than $400 million of aid and debt relief, including by redesigning the disaster-response facility.\n- Assistance to member countries with difficult economic and financial circumstances through IMF-supported programs:\n  - The IMF reaffirmed its commitment to help these countries and all members through the period of turmoil."
    },
    {
      "heading": "Institutional responses and innovations",
      "content": "- Pilot programs to embed research on inclusive growth and gender into country work.\n- Launch of online training courses available to officials and the wider public.\n- Launch of a free data initiative.\n- Cooperation with member countries on Islamic finance."
    },
    {
      "heading": "Engagement on governance and reform",
      "content": "- Continued engagement to implement the 2010 IMF quota and governance reforms as soon as possible.\n- Members reaffirmed the importance and urgency of these reforms for the IMF’s credibility, legitimacy, and effectiveness."
    },
    {
      "heading": "Reflection, anniversaries, and forward-looking priorities",
      "content": "- The year provided opportunities to:\n  - Look back to achievements of the past 25 years in eastern and central Europe.\n  - Mark the 70th anniversary of the IMF.\n- Planning for the future:\n  - Building on achievements of the United Nations Millennium Development Goals.\n  - Supporting climate policy by getting energy prices right.\n  - Preparing for the international community’s 2015 effort to put in place the goals and policies aimed at reducing poverty and strengthening inclusive growth by 2030.\n- Presentation:\n  - The 2015 Annual Report highlights the IMF’s work with a new approach that blends essays and graphics and emphasizes the work of the IMF’s Executive Board."
    },
    {
      "heading": "Key personnel (IMF Management Team)",
      "content": "- MIN Zhu, Deputy Managing Director\n- Christine Lagarde, Managing Director\n- Carla Grasso, Deputy Managing Director and Chief Administrative Officer\n- David Lipton, First Deputy Managing Director\n- Mitsuhiro Furusawa, Deputy Managing Director\n\nMessage from the Managing Director — Annual Report 2015 (IMF)\n\n---\n\n Content in this bundle\n\n- مواجهة التحديات معا: التقرير السنوي لصندوق النقد الدولي لعام  2015\n  - مواجهة التحديات معا: التقرير السنوي لصندوق النقد الدولي لعام  2015 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Unis face aux défis -- Rapport annuel 2015 du Fonds Monétaire International\n  - Unis face aux défis -- Rapport annuel 2015 du Fonds Monétaire International (PDF){rel=\"external\" type=\"application/pdf\"}\n- 2015年 IMF年次報告書 -- 共に課題に挑む, 2015年10月\n  - 2015年 IMF年次報告書 -- 共に課題に挑む, 2015年10月 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Решение проблем совместными усилиями -- Годовой отчет МВФ 2015\n  - Решение проблем совместными усилиями -- Годовой отчет МВФ 2015 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\n References\n\n- Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website.\n- Modify your profile\n- Overview\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/publications/areb/issues/2016/12/31/message-from-the-managing-director"
    }
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    "Published: May 20, 2014",
    "Series: Annual Report of the Executive Board",
    "Publication: Annual Report 2015—Message from the Managing Director",
    "Date referenced in header: May 2014",
    "Author/Signatory: Christine Lagarde",
    "Sudden, steep decline of oil prices:",
    "Ebola pandemic in Guinea, Liberia, and Sierra Leone:",
    "Assistance to member countries with difficult economic and financial circumstances through IMF-supported programs:",
    "Pilot programs to embed research on inclusive growth and gender into country work.",
    "Launch of online training courses available to officials and the wider public.",
    "Launch of a free data initiative.",
    "Cooperation with member countries on Islamic finance.",
    "Continued engagement to implement the 2010 IMF quota and governance reforms as soon as possible.",
    "Members reaffirmed the importance and urgency of these reforms for the IMF’s credibility, legitimacy, and effectiveness.",
    "The year provided opportunities to:",
    "Planning for the future:",
    "Presentation:",
    "MIN Zhu, Deputy Managing Director",
    "Christine Lagarde, Managing Director",
    "Carla Grasso, Deputy Managing Director and Chief Administrative Officer",
    "David Lipton, First Deputy Managing Director",
    "Mitsuhiro Furusawa, Deputy Managing Director",
    "**مواجهة التحديات معا: التقرير السنوي لصندوق النقد الدولي لعام  2015**",
    "**Unis face aux défis -- Rapport annuel 2015 du Fonds Monétaire International**",
    "**2015年 IMF年次報告書 -- 共に課題に挑む, 2015年10月**",
    "**Решение проблем совместными усилиями -- Годовой отчет МВФ 2015**",
    "[Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website.](https://www.imf.org/en/email-subscription/index)",
    "[Modify your profile](https://www.imf.org/en/email-subscription/login)",
    "[Overview](https://www.imf.org/en/publications/areb/issues/2016/12/31/ar-overview.htm)",
    "[https://www.imf.org/en/home](https://www.imf.org/en/home)"
  ],
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