{
  "title": "Review of Program Design and Conditionality: Reform Proposals",
  "publication": "Policy Papers, September 24, 2026",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2026/09/10/review-of-program-design-and-conditionality-reform-proposals-579551",
  "canonical": "https://www.imf.org/en/publications/policy-papers/issues/2026/09/10/review-of-program-design-and-conditionality-reform-proposals-579551",
  "overlayPath": "/en/publications/policy-papers/issues/2026/09/10/review-of-program-design-and-conditionality-reform-proposals-579551/index.md",
  "summary": "Building on the review’s diagnostic work and initial Board guidance, this paper presents proposals to better calibrate IMF-supported programs in a more uncertain and shock-prone world.",
  "publishDate": "2026-09-24",
  "series": "Policy Papers",
  "sections": [
    {
      "heading": "Summary",
      "content": "- Building on the review’s diagnostic work and initial Board guidance, this paper presents proposals to better calibrate IMF-supported programs in a more uncertain and shock-prone world.\n- It discusses reform options to:\n  - improve program design,\n  - strengthen resilience to risks,\n  - enhance the catalytic role of Fund financing,\n  - and promote the durable resolution of balance of payments problems."
    },
    {
      "heading": "Major themes and policy areas",
      "content": "- Contingency planning\n- Exchange rate policy\n- Exchange rates\n- Financial crises\n- Financial sector policy and analysis\n- Financial sector stability\n- Fiscal consolidation\n- Fiscal policy\n- Foreign exchange\n- Macrostructural analysis\n- Structural reforms"
    },
    {
      "heading": "Access and distribution notes",
      "content": "- Format availability indicated: Download PDF, More Formats on IMF eLibrary, Order a Print Copy\n- eLibrary promotional note: Our eLibrary offers over 25,000 IMF publications in multiple formats.\n- IMF Publications Newsletter invitation: Latest economic research and insights delivered to your inbox each month.\n\nInternational Monetary Fund. Review of Program Design and Conditionality: Reform Proposals (Policy Paper No. 2026/029), September 24, 2026.\n\n---\n\n Content in this bundle\n\n- Policy Paper\n  - Policy Paper (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Policy Paper (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2026/09/10/review-of-program-design-and-conditionality-reform-proposals-579551"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/policy-papers/issues/2026/09/10/review-of-program-design-and-conditionality-reform-proposals-579551/index.md)",
    "[Structured JSON version](/en/publications/policy-papers/issues/2026/09/10/review-of-program-design-and-conditionality-reform-proposals-579551/index.json)",
    "[Bundle manifest](/en/publications/policy-papers/issues/2026/09/10/review-of-program-design-and-conditionality-reform-proposals-579551/bundle-manifest.json)",
    "Published: September 24, 2026",
    "Series: Policy Papers",
    "Volume: 2026",
    "Issue: 029",
    "Pages: 51",
    "DOI: https://doi.org/10.5089/9798229060905.007",
    "Building on the review’s diagnostic work and initial Board guidance, this paper presents proposals to better calibrate IMF-supported programs in a more uncertain and shock-prone world.",
    "It discusses reform options to:",
    "Contingency planning",
    "Exchange rate policy",
    "Exchange rates",
    "Financial crises",
    "Financial sector policy and analysis",
    "Financial sector stability",
    "Fiscal consolidation",
    "Fiscal policy",
    "Foreign exchange",
    "Macrostructural analysis",
    "Structural reforms",
    "Format availability indicated: Download PDF, More Formats on IMF eLibrary, Order a Print Copy",
    "eLibrary promotional note: Our eLibrary offers over 25,000 IMF publications in multiple formats.",
    "IMF Publications Newsletter invitation: Latest economic research and insights delivered to your inbox each month.",
    "**Policy Paper**"
  ],
  "related": [
    {
      "title": "Policy Paper",
      "role": "paper",
      "sourceUrl": "https://www.imf.org/-/media/files/publications/pp/2026/english/ppea2026029.pdf",
      "summary": {
        "path": "/-/media/files/publications/pp/2026/english/ppea2026029.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/files/publications/pp/2026/english/ppea2026029.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/policy-papers/issues/2026/09/10/review-of-program-design-and-conditionality-reform-proposals-579551/index.md",
    "json": "/en/publications/policy-papers/issues/2026/09/10/review-of-program-design-and-conditionality-reform-proposals-579551/index.json",
    "bundleManifest": "/en/publications/policy-papers/issues/2026/09/10/review-of-program-design-and-conditionality-reform-proposals-579551/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-27T17:59:04.353Z"
}