Statement by the Managing Director on the Independent Evaluation Office Report on the Evolving Application of the IMF's Mandate

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Release : 2024-06-18
Genre : Business & Economics
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Statement by the Managing Director on the Independent Evaluation Office Report on the Evolving Application of the IMF's Mandate - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Statement by the Managing Director on the Independent Evaluation Office Report on the Evolving Application of the IMF's Mandate write by International Monetary Fund. This book was released on 2024-06-18. Statement by the Managing Director on the Independent Evaluation Office Report on the Evolving Application of the IMF's Mandate available in PDF, EPUB and Kindle. This evaluation assesses the decision-making processes that guided the evolution of the application of the Fund's mandate, the criteria and principles used to operationalize engagement in newer policy areas, and the coherence of the Fund's framework for engaging with partners. It finds that the systematic widening of the Fund's areas of work is posing adaptation challenges, necessitating trade-offs, and overburdening staff within a context of budgetary and expertise constraints. The evaluation offers a framework for approaching these challenges that is centered on a trilemma that exposes the tension between the steady expansion of the Fund's scope of work, its limited resources, and the need to maintain the high quality and value-added of its policy advice. It identifies several problems within this framework, including the ad hoc decision-making process for engaging in newer policy areas, which lacks a longer-term strategic anchor. Furthermore, decisions on policies, resources, and risks were taken in a piecemeal manner, without due consideration for crossed effects. It also identifies several open questions regarding the depth and frequency of the Fund's engagement in newer policy areas and the lack of an institutional approach to Fund partnerships.The evaluation proposes classifying newer policy areas across a spectrum of recommended engagement, ranging from signaling their macrocriticality while leaving deeper assessments to other institutions, to in-depth high-frequency engagement. It also offers four main recommendations: (i) developing an inclusive Fund-wide institutional strategy for engagement in newer policy areas that better links decisions related to scope, resources, and risks; (ii) producing budget data that enables the tracking of Fund activities and operations by policy area; (iii) updating the 2022 Guidance Note for Surveillance to enhance the clarity of principles for engagement; and (iv) adopting a Board-approved high-level Statement of Principles for engagement with partners.

The Chair's Summing Up Independent Evaluation Office--The Evolving Application of the IMF's Mandate

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Release : 2024-06-18
Genre : Business & Economics
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The Chair's Summing Up Independent Evaluation Office--The Evolving Application of the IMF's Mandate - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Chair's Summing Up Independent Evaluation Office--The Evolving Application of the IMF's Mandate write by International Monetary Fund. This book was released on 2024-06-18. The Chair's Summing Up Independent Evaluation Office--The Evolving Application of the IMF's Mandate available in PDF, EPUB and Kindle. This evaluation assesses the decision-making processes that guided the evolution of the application of the Fund's mandate, the criteria and principles used to operationalize engagement in newer policy areas, and the coherence of the Fund's framework for engaging with partners. It finds that the systematic widening of the Fund's areas of work is posing adaptation challenges, necessitating trade-offs, and overburdening staff within a context of budgetary and expertise constraints. The evaluation offers a framework for approaching these challenges that is centered on a trilemma that exposes the tension between the steady expansion of the Fund's scope of work, its limited resources, and the need to maintain the high quality and value-added of its policy advice. It identifies several problems within this framework, including the ad hoc decision-making process for engaging in newer policy areas, which lacks a longer-term strategic anchor. Furthermore, decisions on policies, resources, and risks were taken in a piecemeal manner, without due consideration for crossed effects. It also identifies several open questions regarding the depth and frequency of the Fund's engagement in newer policy areas and the lack of an institutional approach to Fund partnerships.The evaluation proposes classifying newer policy areas across a spectrum of recommended engagement, ranging from signaling their macrocriticality while leaving deeper assessments to other institutions, to in-depth high-frequency engagement. It also offers four main recommendations: (i) developing an inclusive Fund-wide institutional strategy for engagement in newer policy areas that better links decisions related to scope, resources, and risks; (ii) producing budget data that enables the tracking of Fund activities and operations by policy area; (iii) updating the 2022 Guidance Note for Surveillance to enhance the clarity of principles for engagement; and (iv) adopting a Board-approved high-level Statement of Principles for engagement with partners.

Statement by the Managing Director on the Independent Evaluation Office Report on Recurring Issues from a Decade of Evaluation

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Release : 2014-11-06
Genre : Business & Economics
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Book Rating : 244/5 ( reviews)

Statement by the Managing Director on the Independent Evaluation Office Report on Recurring Issues from a Decade of Evaluation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Statement by the Managing Director on the Independent Evaluation Office Report on Recurring Issues from a Decade of Evaluation write by International Monetary Fund. This book was released on 2014-11-06. Statement by the Managing Director on the Independent Evaluation Office Report on Recurring Issues from a Decade of Evaluation available in PDF, EPUB and Kindle. The Managing Director welcomes the IEO's novel report, which identifies recurring issues from past evaluations and assesses progress in addressing them. The report's focus on organizational silos, attention to risks and uncertainty, country and institutional context, evenhandedness, and Executive Board guidance and oversight is appropriate given their relevance and importance for the effectiveness and credibility of IMF operations.

Statement by the Managing Director on the Independent Evaluation Office Report on The IMF and Capacity Development Executive Board Meeting September 12, 2022

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Release : 2022-10-04
Genre : Business & Economics
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Statement by the Managing Director on the Independent Evaluation Office Report on The IMF and Capacity Development Executive Board Meeting September 12, 2022 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Statement by the Managing Director on the Independent Evaluation Office Report on The IMF and Capacity Development Executive Board Meeting September 12, 2022 write by International Monetary. This book was released on 2022-10-04. Statement by the Managing Director on the Independent Evaluation Office Report on The IMF and Capacity Development Executive Board Meeting September 12, 2022 available in PDF, EPUB and Kindle. The IEO evaluation contains a wealth of analysis and background material that will be invaluable as staff embarks on the preparation of the 2023 CD Strategy Review. The overall assessment is very positive, highlighting the achievements authorities have made with the help of Fund CD and the value they continue to place on this area of Fund work. The report also acknowledges the significant strides that have been made in improving governance and management of CD in recent years.

Statement by the Managing Director on the FY 2025 Work Program of the Executive Board Executive Board Meeting March 8, 2024

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Release : 2024-05-03
Genre : Business & Economics
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Statement by the Managing Director on the FY 2025 Work Program of the Executive Board Executive Board Meeting March 8, 2024 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Statement by the Managing Director on the FY 2025 Work Program of the Executive Board Executive Board Meeting March 8, 2024 write by International Monetary Fund. This book was released on 2024-05-03. Statement by the Managing Director on the FY 2025 Work Program of the Executive Board Executive Board Meeting March 8, 2024 available in PDF, EPUB and Kindle. This Executive Board Work Program (BWP) for FY 2025 (May 2024 to April 2025) is the first since the Executive Board has started to pilot a new strategic cycle, which aims at incorporating Directors’ broader views on work priorities at an earlier stage in the planning process for the fiscal year. Highlevel costing indicators are also included for non-recurring items based on a pilot costing exercise. The BWP focuses on supporting the membership in responding to current challenges through prompt and tailored policy advice, financial assistance, and support for debt restructuring and capacity development.1 It ensures that the Board can continue to closely monitor economic and financial developments and discuss macro policy responses. The BWP also provides opportunities to deliberate on key Fund policies and operations. The BWP will need to stay flexible to prioritize the membership’s changing needs while operating within the Fund’s constrained budget environment.