This report updates the implementation status of Board-endorsed IEO recommendations since the completion of the first PMR in January 2008. In particular, it examines the implementation status for the two management implementation plans (MIPs) pertaining to the Board-endorsed IEO recommendations on IMF and Aid to Sub-Saharan Africa and IMF Exchange Rate Policy Advice: 1999-2005. It also reports on progress in implementing the outstanding recommendations from the first PMR. Although the requisite time has not elapsed since the May 2008 Board discussion of the MIP for the Board-endorsed recommendations in the IEO’s evaluation of Structural Conditionality in IMF-supported Programs, this PMR touches on aspects that have been implemented.
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