## Statement by the Managing Director on the Work Program of the Executive Board - Executive Board Meeting - October 31, 2011

_Policy Papers, October 31, 2011_

## Source details

**Canonical URL:** [Statement by the Managing Director on the Work Program of the Executive Board - Executive Board Meeting - October 31, 2011](https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/statement-by-the-managing-director-on-the-work-program-of-the-executive-board-executive-pp4609)

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## Bibliographic details
- Published: October 31, 2011
- Series: Policy Papers

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### Summary overview
- The global economy has entered a dangerous new phase with severe downside risks.
- The Fund has been called by the IMFC to contribute to an orderly resolution of these tensions.
- The membership must be prepared for bold action.

### Immediate priorities and responsibilities
- Develop and coordinate solutions to immediate threats to global stability.
- Provide insightful analysis and policy advice to address fiscalfinancial vulnerabilities.
- Rekindle growth and job creation.

### Strengthening the global financial safety net
- Be prepared to fortify the global financial safety net.

### Longer-term objectives for the international monetary system (IMS)
- Redouble efforts to make the international monetary system (IMS) stronger in the longer term.
- Emphasize more effective surveillance.
- Foster a clearer shared vision of the IMS’s key underpinnings.

### Related institutional notes
- The IMF eLibrary offers over 25,000 IMF publications in multiple formats.
- Topics listed under Subject: Corporate governance, Executive Board work program, Financial stability, International monetary system, Low-income developing countries, Managing Director reports, Technical assistance.

*Statement by the Managing Director on the Work Program of the Executive Board - Executive Board Meeting - October 31, 2011*

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- **103111**
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_Source: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/statement-by-the-managing-director-on-the-work-program-of-the-executive-board-executive-pp4609_