Statement by the Managing Director on the Independent Evaluation Office Report on Self-Evaluation at the IMF - An IEO Assessment - Executive Board Meeting - September 18, 2015
September 3, 2015
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Statement by the Managing Director on the Independent Evaluation Office Report on Self-Evaluation at the IMF - An IEO Assessment - Executive Board Meeting - September 18, 2015 , (USA: International Monetary Fund, 0) accessed September 20, 2024
Summary
The thrust of the report’s recommendations to strengthen the institutional framework for self-evaluation, adapt it over time to changing circumstances, and better disseminate lessons from self-evaluation are well taken. I believe, however, that there is considerable scope to address these recommendations by refining and building on existing processes and initiatives already underway rather than by introducing substantial new architecture. I see limited value added relative to the costs in following through with the report’s two other key recommendations; namely, to conduct self-assessment for every IMF-supported program and to set out plans ex ante to self-evaluate every policy and thematic review.
Subject: Fund policies, Fund-supported adjustment programs, Independent Evaluation Office, Managing Director reports
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