Implementation Plan in Response to the Board-Endorsed Recommendations from the IEO Evaluation on the Evolving Application of the IMF's Mandate
Policy Papers, May 6, 2025
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- Implementation Plan in Response to the Board-Endorsed Recommendations from the IEO Evaluation on the Evolving Application of the IMF's Mandate
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Bibliographic details
- Published: May 6, 2025
- Series: Policy Papers
- DOI: https://doi.org/10.5089/9798229010061.007
Overview
- This Management Implementation Plan (MIP) proposes actions in response to the Board-endorsed recommendations provided by the Independent Evaluation Office (IEO)'s report on the Evolving Application of the IMF's Mandate.
- Staff will leverage existing and planned workstreams to address the IEO's recommendations.
IEO recommendations addressed
- The MIP addresses the four IEO recommendations, which aim to:
- (i) Enhance the decision-making process for Fund engagement in new policy areas;
- (ii) Address operational challenges by producing budget data in a manner that allows tracking by policy area across all Fund activities and operations;
- (iii) Enhance the clarity of key elements regarding surveillance in new policy areas; and
- (iv) Adopt an Executive Board-approved high-level Statement of Principles for Engagement with Partners.
Implementation approach and actions (high-level)
- Leverage existing and planned workstreams to implement the Board-endorsed recommendations.
- Improve budget data production and reporting to enable tracking by policy area across all Fund activities and operations.
- Clarify key elements of surveillance when the Fund engages in new policy areas.
- Develop and seek adoption of an Executive Board-approved high-level Statement of Principles for Engagement with Partners.
- Enhance decision-making processes governing Fund engagement in new policy areas to ensure consistent application of the IMF's mandate.
Subjects and keywords (as provided)
- Subject: Budget planning and preparation, Budget reporting, Public financial management (PFM)
- Keywords: budget datum, Budget planning and preparation, Budget reporting, budget reporting and monitoring, Collaboration with External Partners, Global, IEO Evaluation, IEO recommendation, IEO Recommendations, IMF Mandate, IMF Surveillance, IMF's mandate, IMF's transparency policy, New Policy Areas, policy area, Prioritization Framework, Scope and Level of Engagement
Implementation Plan in Response to the Board-Endorsed Recommendations from the IEO Evaluation on the Evolving Application of the IMF's Mandate, May 6, 2025
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- Policy Paper