Statement by the Managing Director on the Work Program of the Executive Board Executive Board Meeting November 4, 2009
Policy Papers, October 23, 2009
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- Statement by the Managing Director on the Work Program of the Executive Board Executive Board Meeting November 4, 2009
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Bibliographic details
- Published: October 23, 2009
- Series: Policy Papers
Overview and Objectives
- The Fund "was called on to support a global response to the global crisis" and "has delivered with strengthened surveillance, policy advice and financing with modernized instruments."
- The Managing Director referenced the Istanbul meeting where "the membership expressed its appreciation for these accomplishments."
- The months ahead require focus on four key reform areas—the Istanbul decisions:
- "our mandate"
- "our financing role"
- "multilateral surveillance"
- "governance"
- Concurrent operational objectives:
- "supporting the consolidation of the nascent upturn"
- "helping to establish a stronger post-crisis global economy"
Noncountry Work Program
- The work program builds on completed work summarized in "Table 1" and sets out the "noncountry work program" in "Table 2."
- Scope note: the noncountry work program "leaves aside country items such as Article IVs and program reviews."
- Characterization: "This work program is no less ambitious and taxing than the one we have just completed," with confidence that "we can successfully meet this challenge."
Policy Focus Areas (as stated)
- Enhanced surveillance
- Executive Board work program
- Financial stability
- Fiscal policy
- Governance
- International monetary system
- Low-income developing countries
- Monetary policy
- Quotas
Publication and Access Information (as provided)
- Document heading: "Statement by the Managing Director on the Work Program of the Executive Board Executive Board Meeting November 4, 2009"
- Date on page: "October 23, 2009"
- Format note: "Download PDF"
- Access and discovery: "Visit the IMF eLibrary" — "Our eLibrary offers over 25,000 IMF publications in multiple formats."
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Statement by the Managing Director on the Work Program of the Executive Board Executive Board Meeting November 4, 2009 (October 23, 2009).