Implementation Plan in Response to The Board - Endorsed Recommendations from The IEO Evaluation Report on Growth and Adjustment in IMF - Supported Programs

Policy Papers, May 19, 2022

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This management implementation plan (MIP) proposes actions in response to the Independent Evaluation Office (IEO)’s report on growth and adjustment in IMF-supported programs.
The full implementation of the MIP package will help ensure that IMF-supported programs not only deliver necessary adjustment to address balance of payments needs but also pay greater attention to their growth effects.
Policy-related deliverables are already incorporated into current departmental work plans and budgets.
Operational implementation of these recommendations may require mobilizing additional resources.

Ensure IMF-supported programs deliver necessary balance of payments adjustment while paying greater attention to growth effects.
Translate IEO recommendations into policy-related deliverables embedded in departmental work plans and budgets.
Identify and mobilize additional operational resources where needed to implement recommendations fully.

Policy deliverables: incorporated into current departmental work plans and budgets.
Operational implementation: may require mobilizing additional resources (not quantified on the page).

Subjects: Contingency planning, Financial crises, Fiscal consolidation, Fiscal multipliers, Fiscal policy, Macrostructural analysis, Monetary policy, Political economy, Revenue administration, Structural reforms, Training and development in revenue administration
Keywords: Contingency planning, financing envelope, Fiscal consolidation, Fiscal multipliers, Global, IEO evaluation, IEO recommendation, IEO report, implementation plan, Structural reforms, Sub-Saharan Africa, Training and development in revenue administration