Implementation Plan in Response to The Board - Endorsed Recommendations from The IEO Evaluation Report on Growth and Adjustment in IMF - Supported Programs

This management implementation plan (MIP) proposes actions in response to the Independent Evaluation Office (IEO)’s report on growth and adjustment in IMF-supported programs.
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Volume/Issue: Volume 2022 Issue 024
Publication date: May 2022
ISBN: 9798400210242
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Exports and Imports , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Political Economy , IEO recommendation , IEO evaluation , financing envelope , IEO report , implementation plan , Structural reforms , Training and development in revenue administration , Fiscal multipliers , Fiscal consolidation , Contingency planning , Sub-Saharan Africa , Global

Summary

This management implementation plan (MIP) proposes actions in response to the Independent Evaluation Office (IEO)’s report on growth and adjustment in IMF-supported programs. The full implementation of the MIP package will help ensure that, at a time when many countries face strong headwinds, IMF-supported programs not only deliver necessary adjustment to address balance of payments needs but also pay greater attention to their growth effects. While the policy-related deliverables are already incorporated into current departmental work plans and budgets, the operational implementation of these recommendations may require mobilizing additional resources.