2018 Quinquennial Review of the Funds Capacity Development Strategy: Concept Note

Source details

Canonical URL: 2018 Quinquennial Review of the Funds Capacity Development Strategy: Concept Note

Capacity development (CD), including technical assistance (TA) and training, is one of the three core pillars of the Fund’s work.
Main objective: help member countries build institutions and capacity necessary to formulate and implement sound economic and financial policies.
The Institute for Capacity Development (ICD) was established in 2012 with a specific mandate to further define and develop the Fund's strategy on capacity building and provide a clear institutional framework to bring the coordination and oversight over TA and training activities under one umbrella, while building on partnerships with donors.

Will consider the prioritization, funding, monitoring and evaluation, and delivery of CD as set out in the 2014 statement on IMF Policies and Practices on Capacity Development.
Contextual milestones referenced:
- Board discussion of the Fund’s capacity development strategy: June 2013.
- Board endorsement of the 2014 statement on IMF Policies and Practices on Capacity Development.

Provides the opportunity to outline reforms to increase the impact of CD.
Emphasis will be on making CD more effective and efficient while building on its existing strengths.
Conclusions from the 2018 review will be reflected in a revised statement on IMF Policies and Practices on Capacity Development.

ICD’s role: further define and develop the Fund’s strategy on capacity building and provide coordination and oversight over TA and training activities.
Partnerships with donors are a stated element of ICD’s mandate to support CD delivery.

Concept note publication date: March 2, 2017.
Review referenced: 2018 Quinquennial Review.
Prior Board discussion: June 2013.
Prior policy statement: 2014 statement on IMF Policies and Practices on Capacity Development.

2018 Quinquennial Review of the Funds Capacity Development Strategy: Concept Note, March 2, 2017.