{
  "title": "2018 Review of Program Design and Conditionality",
  "publication": "Policy Papers, May 20, 2019",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2019/05/20/2018-review-of-program-design-and-conditionality-46910",
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  "summary": "The 2018 Review of Program Design and Conditionality is the first comprehensive stocktaking of Fund lending operations since the global financial crisis. The review assesses program performance between September 2011 and end-2017.",
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    {
      "heading": "Summary",
      "content": "- The 2018 Review of Program Design and Conditionality is the first comprehensive stocktaking of Fund lending operations since the global financial crisis.\n- The review assesses program performance between September 2011 and end-2017.\n- Programs during this period were defined by the protracted structural challenges faced by members and hampered by the persistently weak global environment."
    },
    {
      "heading": "Major themes and focus areas",
      "content": "- Balance of payments need\n- Debt sustainability\n- External debt\n- Fiscal consolidation\n- Fiscal policy\n- Macrostructural analysis\n- Public debt\n- Revenue administration\n- Structural reforms"
    },
    {
      "heading": "Keywords and scope",
      "content": "- conditionality framework\n- Debt sustainability\n- director\n- Fiscal consolidation\n- Fund policy review\n- Fund program performance\n- Fund staff\n- Fund-supported program\n- Global\n- PP\n- PRGT program\n- program design\n- Structural reforms\n\n---\n\n Content in this bundle\n\n- Policy Paper\n  - Policy Paper (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Policy Paper (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2019/05/20/2018-review-of-program-design-and-conditionality-46910"
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    "[Markdown version](/en/publications/policy-papers/issues/2019/05/20/2018-review-of-program-design-and-conditionality-46910/index.md)",
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    "Published: May 20, 2019",
    "Series: Policy Papers",
    "DOI: https://doi.org/10.5089/9781498315715.007",
    "The 2018 Review of Program Design and Conditionality is the first comprehensive stocktaking of Fund lending operations since the global financial crisis.",
    "The review assesses program performance between September 2011 and end-2017.",
    "Programs during this period were defined by the protracted structural challenges faced by members and hampered by the persistently weak global environment.",
    "Balance of payments need",
    "Debt sustainability",
    "External debt",
    "Fiscal consolidation",
    "Fiscal policy",
    "Macrostructural analysis",
    "Public debt",
    "Revenue administration",
    "Structural reforms",
    "conditionality framework",
    "Debt sustainability",
    "director",
    "Fiscal consolidation",
    "Fund policy review",
    "Fund program performance",
    "Fund staff",
    "Fund-supported program",
    "Global",
    "PP",
    "PRGT program",
    "program design",
    "Structural reforms",
    "**Policy Paper**"
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