## Implementation Plan in Response to the Board-Endorsed Recommendations from the IEO Evaluation Report on IMF Advice on Unconventional Monetary Policies

_Policy Papers, May 22, 2020_

## Source details

**Canonical URL:** [Implementation Plan in Response to the Board-Endorsed Recommendations from the IEO Evaluation Report on IMF Advice on Unconventional Monetary Policies](https://www.imf.org/en/publications/policy-papers/issues/2020/05/22/implementation-plan-in-response-to-the-board-endorsed-recommendations-from-the-ieo-49457)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2020/05/22/implementation-plan-in-response-to-the-board-endorsed-recommendations-from-the-ieo-49457/index.md)
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## Bibliographic details
- Published: May 22, 2020
- Series: Policy Papers
- DOI: https://doi.org/10.5089/9781513545424.007

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### Overview
- This Management Implementation Plan was prepared before COVID-19 became a global pandemic and resulted in unprecedented strains in global trade, commodity and financial markets.
- The actions in the plan and their timeline, therefore, do not reflect the implications of these developments and related policy priorities.
- This MIP includes a package of self-reinforcing actions that aim to:
  - Strengthen in-house expertise on monetary policy
  - Deepen the work on UMP and related policies
  - Further strengthen financial spillover analysis
  - Explore ways to enhance the Fund’s traction

### Major themes and objectives
- Strengthen in-house expertise on monetary policy.
- Deepen analytical and policy work on Unconventional Monetary Policies (UMP) and related policies.
- Further strengthen analysis of financial spillovers.
- Explore institutional and operational ways to enhance the Fund’s traction in member countries and global fora.

### Policy focus areas (as listed)
- Balance of payments
- Capital flows
- Financial sector policy and analysis
- Macroprudential policy
- Monetary policy
- Spillovers
- Unconventional monetary policies

### Keywords (as listed)
- Capital flows
- framework review
- Fund
- Fund monetary policy advice
- Global
- interest rate
- Macroprudential policy
- monetary policy
- monetary policy expertise
- monetary policy issue
- monetary policy strategy
- monetary policy topic
- monetary policy transmission
- policy
- policy track records
- PP
- Spillovers
- Unconventional monetary policies
- work plan
- work program

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## Content in this bundle

- **Policy Paper**
  - [Policy Paper (Markdown version)](/-/media/files/publications/pp/2020/english/ppea2020029.pdf.md){rel="alternate" type="text/markdown"}
  - [Policy Paper (PDF)](/-/media/files/publications/pp/2020/english/ppea2020029.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/policy-papers/issues/2020/05/22/implementation-plan-in-response-to-the-board-endorsed-recommendations-from-the-ieo-49457_