## Statement by the Managing Director on the Work Program of the Executive Board Executive Board Meeting: June 10, 2021

_Policy Papers, July 15, 2021_

## Source details

**Canonical URL:** [Statement by the Managing Director on the Work Program of the Executive Board Executive Board Meeting: June 10, 2021](https://www.imf.org/en/publications/policy-papers/issues/2021/07/15/statement-by-the-managing-director-on-the-work-program-of-the-executive-board-executive-462187)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2021/07/15/statement-by-the-managing-director-on-the-work-program-of-the-executive-board-executive-462187/index.md)
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## Bibliographic details
- Published: July 15, 2021
- Series: Policy Papers
- DOI: https://doi.org/10.5089/9781513589534.007

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### Overview
- An unprecedented policy response and rapid progress in vaccinations have helped pull the global economy from a deep recession.
- The outlook is marked by high uncertainty and great divergence.
- The Fund continues efforts to:
  - achieve a durable exit from the crisis,
  - minimize long-term scarring, and
  - build a more sustainable, resilient, and inclusive global economy.
- The Work Program is aligned with the strategic directions in the Spring 2021 Global Policy Agenda and the International Monetary and Financial Committee (IMFC) Communiqué.
- The Work Program puts forward a prioritized Board agenda focused on activities of most critical importance to Fund members.

### Key findings and context
- Unprecedented policy response contributed to economic recovery from a deep recession.
- Rapid progress in vaccinations supported the recovery.
- The recovery is accompanied by:
  - high uncertainty, and
  - great divergence across countries and regions.

### Work Program priorities (as described)
- Prioritize Board activities of most critical importance to members.
- Focus areas reflect the Spring 2021 Global Policy Agenda and the IMFC Communiqué.
- Emphasis on policies and actions to:
  - secure a durable exit from the crisis,
  - limit long-term economic scarring, and
  - promote sustainability, resilience, and inclusiveness in the global economy.

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## Content in this bundle

- **Policy Paper**
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_Source: https://www.imf.org/en/publications/policy-papers/issues/2021/07/15/statement-by-the-managing-director-on-the-work-program-of-the-executive-board-executive-462187_