2013 Review of the Fund's Transparency Policy

Policy Papers, May 14, 2013

Source details

A stronger presumption of publication for all program-related documents could further increase publication rates.
Defining "prompt publication" should help reduce publication lags.
Streamlining external communication products could reduce the risk of inconsistent messaging.
New evidence on evenhandedness shows "now only few cases not fulfilling the criteria for modifications under the policy."
The review sets out the Fund’s policies on confidential information and proposes that staff systematically explains these policies in its interactions with country authorities.
In response to recent surveillance reforms, existing publication arrangements for multi-country documents are inadequate to ensure candid multilateral surveillance while respecting members’ needs.

Introduce a stronger presumption of publication for all program-related documents to increase publication rates.
Define "prompt publication" to reduce publication lags.
Streamline external communication products to reduce inconsistent messaging.
Systematically explain the Fund’s policies on confidential information in staff interactions with country authorities.
Strengthen monitoring related to evenhandedness given the remaining "few cases" not meeting modification criteria.
Adapt modification rules for country documents to take into account the implications of the Integrated Surveillance Decision (ISD).

Proposes the introduction of a publication regime for a new category of multi-country documents.
Rationale: "the best way to ensure that the Fund publishes candid multilateral surveillance, while respecting members’ needs."

Review of the Fund’s Transparency Policy
- Review of the Fund’s Transparency Policy (Markdown version)
- Review of the Fund’s Transparency Policy (PDF)