{
  "title": "Bilateral Surveillance Guidance Note",
  "publication": "Policy Papers, December 22, 2010",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/bilateral-surveillance-guidance-note-pp4400",
  "canonical": "https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/bilateral-surveillance-guidance-note-pp4400",
  "overlayPath": "/en/publications/policy-papers/issues/2016/12/31/bilateral-surveillance-guidance-note-pp4400/index.md",
  "summary": "This note provides guidance to staff on the conduct of bilateral surveillance, a core activity of the Fund. Surveillance involves the continuous monitoring of members’ economic and financial policies, and regular Article IV consultations.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Provides guidance to staff on the conduct of bilateral surveillance, a core activity of the Fund.\n- Surveillance involves the continuous monitoring of members’ economic and financial policies, and regular Article IV consultations.\n- Publication date: December 22, 2010."
    },
    {
      "heading": "Core activities and procedures",
      "content": "- Continuous monitoring of members’ economic and financial policies.\n- Regular Article IV consultations during which:\n  - Staff holds pointed discussions with country authorities on the economic situation, the authorities’ policies, and desirable policy adjustments.\n  - These discussions are reported to the Fund’s Executive Board for its consideration.\n- The eLibrary offers over 25,000 IMF publications in multiple formats."
    },
    {
      "heading": "Objectives and rationale",
      "content": "- Through thorough analysis, candid discussions, and a peer-review mechanism, the guidance aims to:\n  - Promote the domestic stability of members’ economies.\n  - Promote the external stability of members’ economies.\n  - Thereby promote the stability of the international monetary system as a whole."
    },
    {
      "heading": "Topics and subject coverage",
      "content": "- Article IV consultations\n- Consultations with members\n- Exchange rate policy surveillance\n- Exchange rates\n- Financial sector\n- Monetary policy\n- Monetary unions\n- Spillovers\n- Standards and codes\n\nSource: Bilateral Surveillance Guidance Note (December 22, 2010). https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/bilateral-surveillance-guidance-note-pp4400\n\n---\n\n Content in this bundle\n\n- 102709\n  - 102709 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 102709 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/bilateral-surveillance-guidance-note-pp4400"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/policy-papers/issues/2016/12/31/bilateral-surveillance-guidance-note-pp4400/index.md)",
    "[Structured JSON version](/en/publications/policy-papers/issues/2016/12/31/bilateral-surveillance-guidance-note-pp4400/index.json)",
    "[Bundle manifest](/en/publications/policy-papers/issues/2016/12/31/bilateral-surveillance-guidance-note-pp4400/bundle-manifest.json)",
    "Published: December 22, 2010",
    "Series: Policy Papers",
    "Provides guidance to staff on the conduct of bilateral surveillance, a core activity of the Fund.",
    "Surveillance involves the continuous monitoring of members’ economic and financial policies, and regular Article IV consultations.",
    "Publication date: December 22, 2010.",
    "Continuous monitoring of members’ economic and financial policies.",
    "Regular Article IV consultations during which:",
    "The eLibrary offers over 25,000 IMF publications in multiple formats.",
    "Through thorough analysis, candid discussions, and a peer-review mechanism, the guidance aims to:",
    "Article IV consultations",
    "Consultations with members",
    "Exchange rate policy surveillance",
    "Exchange rates",
    "Financial sector",
    "Monetary policy",
    "Monetary unions",
    "Spillovers",
    "Standards and codes",
    "**102709**"
  ],
  "related": [
    {
      "title": "102709",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2009/_102709.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2009/_102709.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2009/_102709.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/policy-papers/issues/2016/12/31/bilateral-surveillance-guidance-note-pp4400/index.md",
    "json": "/en/publications/policy-papers/issues/2016/12/31/bilateral-surveillance-guidance-note-pp4400/index.json",
    "bundleManifest": "/en/publications/policy-papers/issues/2016/12/31/bilateral-surveillance-guidance-note-pp4400/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-18T20:53:00.679Z"
}
