Review of Program Design and Conditionality: Initial Considerations
Policy Papers, September 24, 2026
Source details
- Canonical URL
- Review of Program Design and Conditionality: Initial Considerations
Other formats
Bibliographic details
- Published: September 24, 2026
- Series: Policy Papers
- Volume: 2026
- Issue: 027
- Pages: 52
- DOI: https://doi.org/10.5089/9798229060516.007
- Stock No: PPEA2026027
- ISBN: 97982
Overview
- Paper provides the diagnostic foundation for the 2026 Review of Program Design and Conditionality.
- Draws on extensive empirical analysis and program experience.
- Assesses how IMF-supported programs performed during 2018–24.
- Identifies key strengths and areas for further work in program design and conditionality.
- Highlights the reform areas subsequently developed in the Reform Proposals paper.
Major findings (high-level)
- Assessment period: 2018–24.
- Emphasis on empirical analysis and program experience informing conclusions.
- Identifies both strengths in program design and specific areas requiring further work (areas not detailed on this page).
Subjects covered
- COVID-19
- Exchange rate arrangements
- Exchange rates
- Foreign exchange
- Health
- Inflation
- Prices
- Public debt
- Real effective exchange rates
Content in this bundle
- Policy Paper