Statement by the Managing Director on the Independent Evaluation Office Report on the IMF’s Exceptional Access Policy: Executive Board Meeting December 5, 2024
December 12, 2024
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The evaluation assesses the IMF’s EAP from its inception in 2002 through mid-2023, the launch of the evaluation. Drawing on experience with 38 Exceptional Access (EA) arrangements during the evaluation period, the analysis spans the EAP’s objectives and design, successive reforms, and experience with implementation. It notes that there has been one comprehensive review of the EAP, in 2004, although the policy was examined and modified in 2009, 2010, and 2016.
Subject: Balance of payments, Balance of payments need, Debt sustainability, External debt
Keywords: Balance of payments need, Debt sustainability, EA program proposal, EAP framework, EAP procedure, EAP provisions, EAP review, ERM policy, Global, program staff report
Pages:
6
Volume:
2024
DOI:
Issue:
063
Series:
Policy Paper No. 2024/063
Stock No:
PPEA2024063
ISBN:
9798400295713
ISSN:
2663-3493
