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Staff Guidance Note on the Implementation of the IMF Strategy for Fragile and Conflict-Affected States (FCS)

Staff Guidance Note on the Implementation of the IMF Strategy for Fragile and Conflict-Affected States (FCS)
Author: International Monetary
Publisher: International Monetary Fund
Total Pages: 85
Release: 2023-03-22
Genre:
ISBN:

Download Staff Guidance Note on the Implementation of the IMF Strategy for Fragile and Conflict-Affected States (FCS) Book in PDF, ePub and Kindle

This note provides operational advice and information to help staff implement the IMF Strategy for Fragile and Conflict-Affected States (FCS) approved by the Executive Board on March 9, 2022. Topics covered include (i) the new IMF FCS classification methodology, which is aligned with that of the World Bank; (ii) the preparation of Country Engagement Strategies (CES) that will be rolled out across FCS to ensure that Fund engagement is appropriately tailored to country-specific manifestations of fragility and/or conflict; (iii) advice on tailoring the thematic focus of Article IV consultations and Fund analytics to FCS, as well as on the prioritization, design, and implementation of capacity development (CD) projects in fragile contexts; (iv) guidance on making full use of the flexibilities of the lending toolkit; (v) guidance on engaging in specific FCS situations, including building accountable institutions to exit fragility, cases of rising fragility risks, active conflict, post-conflict, and addressing the impact of external shocks and spillovers; and (v) strengthening partnerships with humanitarian, development, and peace actors, in accordance with the Fund's mandate. Dedicated annexes provide additional information on the CES process, addressing good governance in FCS, program design, and country examples of Fund engagement in FCS.


The IMF Strategy for Fragile and Conflict-Affected States

The IMF Strategy for Fragile and Conflict-Affected States
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 63
Release: 2022-03-14
Genre: Business & Economics
ISBN:

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This paper proposes a comprehensive Strategy to strengthen IMF support to FCS in accordance with the Fund’s mandate and comparative advantage. The Strategy is a response to the Board-endorsed recommendations of the 2018 Independent Evaluation Office (IEO) Report on The IMF and Fragile States. To achieve these goals, the Strategy will benefit from additional resources reflected in the FY23-25 Medium-Term Budget, as per the budget augmentation framework discussed by the Board in December 2021. The Strategy also provides measures to better support staff working on FCS. Given the inherent risks in FCS engagement, the Strategy will be phased in starting in FY22, with implementation gradually accelerating between FY23-FY25.


Staff Guidance Note on the Fund’s Engagement with Countries in Fragile Situations

Staff Guidance Note on the Fund’s Engagement with Countries in Fragile Situations
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 39
Release: 2012-04-25
Genre: Business & Economics
ISBN: 149834058X

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This note aims to provide country teams with broad guidance on engagement with countries in fragile situations. The aim of the guidance note is to help staff maintain focus on issues specific to countries in fragile situations. While engagement should focus on the issues and principles laid out in the note, there is, of course, scope for staff to tailor engagement to country specific circumstances beyond proposed practices.


Operational Guidance Note On Program Design and Conditionality

Operational Guidance Note On Program Design and Conditionality
Author: International Monetary Fund. Strategy, Policy, & Review Department
Publisher: International Monetary Fund
Total Pages: 179
Release: 2024-01-30
Genre: Business & Economics
ISBN:

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This note aims to provide guidance on the key principles and considerations underlying the design of Fund-supported programs. The note expands on the previous operational guidance notes on conditionality published over 2003-2014, incorporating lessons from the 2018-19 Review of Conditionality, and other recent key policy developments including the recommendation of the Management’s Implementation Plan in response to Independent Evaluation Office (IEO)’s report on growth and adjustment in IMF-supported programs. The note in particular highlights operational advice to (i) improve the realism of macroeconomic forecast in programs and fostering a more systematic analysis of contingency plans and risks; (ii) improve the focus, depth, implementation, and tailoring of structural conditions (SCs), with due consideration of growth effects; and (iii) help strengthen the ownership of country authorities. Designed as a comprehensive reference and primer on program design and conditionality in an accessible and transparent manner, the note refers in summary to a broad range of economic and policy considerations over the lifecycle of Fund-supported programs. As with all guidance notes, the relevant IMF Executive Board Decisions remain the primary legal authority on matters covered in this note.


2024 Staff Guidance Note On The IMF’s Engagement With Small Developing States

2024 Staff Guidance Note On The IMF’s Engagement With Small Developing States
Author: International Monetary Fund. Strategy, Policy, & Review Department
Publisher: International Monetary Fund
Total Pages: 68
Release: 2024-07-25
Genre:
ISBN:

Download 2024 Staff Guidance Note On The IMF’s Engagement With Small Developing States Book in PDF, ePub and Kindle

This guidance note provides operational guidance on the Fund’s engagement with small developing states (SDS). It highlights the unique economic characteristics and constraints facing SDS, notably in a more shock-prone world. Building on advice that applies to the full membership, the note explains how the characteristics of SDS shape Fund surveillance, financial support and program design, capacity development (CD), and collaboration with other institutions and donors. The note updates the previous version that was published in December 2017.


Staff Guidance Note on the Fund's Engagement with Small Developing States

Staff Guidance Note on the Fund's Engagement with Small Developing States
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 47
Release: 2014-03-24
Genre: Business & Economics
ISBN: 1498343619

Download Staff Guidance Note on the Fund's Engagement with Small Developing States Book in PDF, ePub and Kindle

This note highlights the unique economic characteristics and constraints facing small developing states. It provides operational guidance on Fund engagement with such countries, including on how small country size might influence the use of Fund facilities and instruments, program design, capacity building activities, and collaboration with other institutions and donors. The guidance note draws on the March 2013 Board papers on small states and the associated Executive Board discussion. The findings of the paper and implications for Fund engagement with small states were presented to small states authorities during the 2013 Annual Meetings, as well as in regional IMF conferences with small states in the Bahamas (September 2013) and Vanuatu (November 2013). Series


2023 Handbook of IMF Facilities for Low-Income Countries

2023 Handbook of IMF Facilities for Low-Income Countries
Author: International Monetary Fund. Strategy, Policy, & Review Department
Publisher: International Monetary Fund
Total Pages: 191
Release: 2023-04-21
Genre: Business & Economics
ISBN:

Download 2023 Handbook of IMF Facilities for Low-Income Countries Book in PDF, ePub and Kindle

This Handbook provides guidance to staff on the IMF’s concessional financial facilities and non-financial instruments for low-income countries (LICs), defined here as all countries eligible to obtain concessional financing from the Fund. It updates the previous version of the Handbook that was published in December 2017 (IMF, 2017e) by incorporating modifications resulting from the 2018–19 Review of Facilities for Low-Income Countries and Review of the Financing of the Fund’s Concessional Assistance and Debt Relief to Low-Income Member Countries (IMF, 2019a, b), approved by the Board in May 2019; the reforms introduced in 2021 on the basis of the Board paper Fund Concessional Financial Support for Low-Income Countries—Responding to the Pandemic (IMF, 2021a), approved in July 2021; and a number of other recent Board papers. Designed as a comprehensive reference tool for program work on LICs, the Handbook also refers, in summary form, to a range of relevant policies that apply more generally to IMF members. As with all guidance notes, the relevant IMF Executive Board decisions including the terms of the various LIC Trust Instruments that have been adopted by the Board, remain the primary legal authority on the matters covered in the Handbook.


Review of The Fund’s Capacity Development Strategy—Background Papers

Review of The Fund’s Capacity Development Strategy—Background Papers
Author: International Monetary Fund. Institute for Capacity Development
Publisher: International Monetary Fund
Total Pages: 147
Release: 2024-04-09
Genre: Business & Economics
ISBN:

Download Review of The Fund’s Capacity Development Strategy—Background Papers Book in PDF, ePub and Kindle

This supplement includes five background papers and provides background information on various aspects of capacity development (CD) for the main Board paper, Review of the Fund’s Capacity Development Strategy—Towards a More Flexible, Integrated, and Tailored Model. It is divided into five sections, each consisting of a different background paper. The five sections cover (1) CD Delivery Modalities; (2) Evaluation and Impact; (3) Regional Capacity Development Centers and Field Presence; (4) HR Policies; and (5) Mapping the Fund’s Position vis-à-vis Other CD Providers.


Interim Guidance Note on Mainstreaming Gender at The IMF

Interim Guidance Note on Mainstreaming Gender at The IMF
Author: International Monetary Fund. Strategy, Policy, & Review Department
Publisher: International Monetary Fund
Total Pages: 54
Release: 2024-01-12
Genre: Business & Economics
ISBN:

Download Interim Guidance Note on Mainstreaming Gender at The IMF Book in PDF, ePub and Kindle

This interim note provides general guidance on the operationalization of the IMF’s Strategy Toward Mainstreaming Gender. It offers a comprehensive overview of how IMF staff can integrate macrocritical gender issues into the IMF’s core areas of surveillance, lending, and capacity development. Key topics include i) identifying and assessing macrocritical gender gaps; ii) the “light touch” and “deep dive” approaches; iii) early insights on integrating gender into IMF-supported programs; iv) capacity development on gender or with a gender lens; v) synergies with other workstreams and vi) the importance of collaboration. It also includes summaries and links to relevant tools, databases, IMF staff reports, and relevant literature.