{
  "title": "Statement by the Managing Director on the Work Program of the Executive Board - Executive Board Meeting, June 3, 2015",
  "publication": "Policy Papers, June 3, 2015",
  "sourceUrl": "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-pp4962",
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  "summary": "The Managing Director’s Global Policy Agenda (GPA) presented to the IMFC in April identified a range of actions needed to bolster today’s actual and tomorrow’s potential output, diminish risks, and confront emerging global challenges.",
  "sections": [
    {
      "heading": "Overview and Purpose",
      "content": "- Presents a 12-month work agenda for the Executive Board translating the Managing Director’s Global Policy Agenda (GPA) and the IMFC communiqué into Board engagement priorities.\n- Timeframe: the Board work agenda covers the next 12 months following June 3, 2015.\n- Links the GPA priorities to concrete Board-level work, including multilateral items and follow-up from the 2014 Triennial Surveillance Review (TSR)."
    },
    {
      "heading": "Key Policy Priorities and Actions Identified in the GPA",
      "content": "- Calibrating fiscal adjustment to economic conditions while establishing credible long-term fiscal frameworks and implementing growth-friendly fiscal policies.\n- Improving monetary policy effectiveness while containing excessive financial risk-taking.\n- Accelerating structural reforms to raise growth potential and ensure inclusiveness.\n- Supporting membership through:\n  - Assessments and policy advice provided in the context of multilateral and bilateral surveillance.\n  - Financial support.\n  - Capacity building."
    },
    {
      "heading": "Executive Board Work Program Items (multilateral scope)",
      "content": "- Quota reform and resources.\n- SDR basket review.\n- Challenges facing the international monetary system.\n- The post-2015 global development agenda.\n- Implementation of items from the action plan of the 2014 Triennial Surveillance Review (TSR)."
    },
    {
      "heading": "Supporting Materials and Access",
      "content": "- IMF eLibrary: offers over 25,000 IMF publications in multiple formats."
    },
    {
      "heading": "Metadata and Identifiers",
      "content": "- Publication date: June 3, 2015.\n- Document type: Executive Board meeting statement.\n- Subjects listed: Corporate governance; Executive Board work program; Financial sector; Fiscal policy; Fiscal reforms; Fund role; Monetary policy; Surveillance.\n\nStatement by the Managing Director on the Work Program of the Executive Board - Executive Board Meeting, June 3, 2015\n\n---\n\n Content in this bundle\n\n- Policy priorities. The Managing Director’s Global Policy Agenda\n  - Policy priorities. The Managing Director’s Global Policy Agenda (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Policy priorities. The Managing Director’s Global Policy Agenda (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: 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-pp4962"
    }
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    "Published: June 3, 2015",
    "Series: Policy Papers",
    "Presents a 12-month work agenda for the Executive Board translating the Managing Director’s Global Policy Agenda (GPA) and the IMFC communiqué into Board engagement priorities.",
    "Timeframe: the Board work agenda covers the next 12 months following June 3, 2015.",
    "Links the GPA priorities to concrete Board-level work, including multilateral items and follow-up from the 2014 Triennial Surveillance Review (TSR).",
    "Calibrating fiscal adjustment to economic conditions while establishing credible long-term fiscal frameworks and implementing growth-friendly fiscal policies.",
    "Improving monetary policy effectiveness while containing excessive financial risk-taking.",
    "Accelerating structural reforms to raise growth potential and ensure inclusiveness.",
    "Supporting membership through:",
    "Quota reform and resources.",
    "SDR basket review.",
    "Challenges facing the international monetary system.",
    "The post-2015 global development agenda.",
    "Implementation of items from the action plan of the 2014 Triennial Surveillance Review (TSR).",
    "IMF eLibrary: offers over 25,000 IMF publications in multiple formats.",
    "Publication date: June 3, 2015.",
    "Document type: Executive Board meeting statement.",
    "Subjects listed: Corporate governance; Executive Board work program; Financial sector; Fiscal policy; Fiscal reforms; Fund role; Monetary policy; Surveillance.",
    "**Policy priorities. The Managing Director’s Global Policy Agenda**"
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