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Author: International Monetary Fund. Finance Dept. Publisher: International Monetary Fund ISBN: 1498338461 Category : Business & Economics Languages : en Pages : 14
Book Description
Under the Fund’s safeguards policy introduced in 2000, assessments of central banks are carried out for countries seeking financing from the IMF. They are part of the Fund’s approach to prudent lending and complement the Fund’s other safeguards such as program design, conditionality, and access limits, to name a few. The assessments aim to provide reasonable assurance that governance and controls can protect Fund resources from misuse and guard against misreporting of monetary data used for program monitoring purposes.
Author: International Monetary Fund. Finance Dept. Publisher: International Monetary Fund ISBN: 1498338461 Category : Business & Economics Languages : en Pages : 14
Book Description
Under the Fund’s safeguards policy introduced in 2000, assessments of central banks are carried out for countries seeking financing from the IMF. They are part of the Fund’s approach to prudent lending and complement the Fund’s other safeguards such as program design, conditionality, and access limits, to name a few. The assessments aim to provide reasonable assurance that governance and controls can protect Fund resources from misuse and guard against misreporting of monetary data used for program monitoring purposes.
Author: International Monetary Fund. Finance Dept. Publisher: International Monetary Fund ISBN: 1498339913 Category : Business & Economics Languages : en Pages : 16
Book Description
The safeguards policy was introduced in 2000 to reduce the risks of misuse of Fund resources and misreporting of program monetary data to the Fund. It supports the Fund’s approach to prudent lending and complements other safeguards such as program design, conditionality, and access limits, to name a few. Some 242 assessments of 92 central banks have been completed since 2000. Assessments are followed by a period of monitoring for as long as Fund credit is outstanding.
Author: International Monetary Fund. Fiscal Affairs Dept. Publisher: International Monetary Fund ISBN: 1498340555 Category : Business & Economics Languages : en Pages : 5
Book Description
This paper notifies the Executive Board of a pilot exercise for fiscal safeguards. The pilot will be conducted by the Fiscal Affairs Department and will cover a limited number of large budget financing cases over the next twelve months. Contrary to the existing safeguards assessment for central banks, participation in this exercise will be voluntary but will follow similar procedures in terms of confidentiality.
Author: International Monetary Fund Publisher: International Monetary Fund ISBN: 1498344178 Category : Business & Economics Languages : en Pages : 39
Book Description
This report by the external expert panel (“the panel”) examines the effectiveness and appropriateness of the safeguards assessments policy in the five years since its last review in 2010. In addition to expressing an opinion on the effectiveness and appropriateness of the safeguards assessment policy, the panel also makes recommendations to the Executive Board for its consideration to improve and optimize the benefits to be garnered from the safeguards assessment policy. The panel’s opinion is based on (i) consultations with key stakeholders, including central bank authorities, IMF Executive Directors’ offices, Fund and World Bank staff; (ii) examination of safeguards assessment and other Fund-specific documents; and (iii) study of international reference materials.
Author: International Monetary Fund Publisher: International Monetary Fund ISBN: 1498341225 Category : Business & Economics Languages : en Pages : 15
Book Description
The safeguards policy, introduced in 2000, is designed to reduce the risks of misuse of Fund resources and misreporting of program monetary data to the Fund. It supports the Fund’s approach to prudent lending and complements other safeguards, including program design, conditionality, and access limits. Safeguards assessments are required for almost all member countries seeking Fund financing, and are followed by a period of monitoring for as long as Fund credit is outstanding
Author: International Monetary Fund Publisher: International Monetary Fund ISBN: 1498344186 Category : Business & Economics Languages : en Pages : 43
Book Description
This paper reviews experience with the safeguards assessment policy since the last review in 2010. The policy is subject to periodic reviews by the Executive Board. The policy’s main objective is to mitigate risks of misuse of Fund resources and misreporting of monetary data under Fund arrangements. Consistent with past reviews, an external panel of experts provided an independent perspective on the implementation of the policy.
Author: International Monetary Fund Publisher: International Monetary Fund ISBN: 1475507100 Category : Business & Economics Languages : en Pages : 60
Book Description
This paper presents findings of the Fifth Review of Djibouti’s economic performance under the extended credit facility (ECF) arrangement. The drought in Djibouti has worsened water scarcity, reduced agricultural production and cattle stock, and accelerated refugee inflows. The authorities have requested an augmentation of access under the ECF of 60 percent of quota. As a result of exogenous shocks, financing needs for 2011–12 are expected to be higher than previously projected, despite the pledges from the international community to help Djibouti address the impact of the drought.
Author: International Monetary Fund. Asia and Pacific Dept Publisher: International Monetary Fund ISBN: 1475589026 Category : Business & Economics Languages : en Pages : 73
Book Description
Nepal’s economy is rebounding following a slowdown caused by the 2015 earthquakes and trade disruptions at the southern border. The upswing has been supported by the new government’s efforts to revitalize the reform agenda. The key challenge is to put policies in place that will extend the cyclical recovery into a sustained period of high and inclusive growth.
Author: International Monetary Fund. Finance Dept. Publisher: International Monetary Fund ISBN: Category : Business & Economics Languages : en Pages : 45
Book Description
This paper reviews experience with the safeguards assessment policy since the last review in 2015. The policy is subject to periodic reviews by the Executive Board. The policy’s main objective is to mitigate risks of misuse of Fund resources and misreporting of monetary data under Fund arrangements. Consistent with past reviews, an external panel of experts provided an independent perspective on the implementation of the policy.
Author: International Monetary Fund Publisher: International Monetary Fund ISBN: 1463941021 Category : Business & Economics Languages : en Pages : 64
Book Description
Economic activity in Tajikistan continues to recover from the global crisis, but a range of vulnerabilities remain. Real GDP grew at an estimated 7.5 percent through the first nine months of 2011. The political environment appears broadly stable, but there are underlying tensions. The worst of the food and fuel price shocks has been weathered without civil unrest, partly owing to measures to ensure supplies, higher remittances, and a general understanding by the population that remedies are limited given resource constraints.
Author: International Monetary Fund. Finance Dept.
Author: International Monetary Fund. Finance Dept.
Author: International Monetary Fund. Finance Dept.
Author: International Monetary Fund. Fiscal Affairs Dept.
Author: International Monetary Fund
Author: International Monetary Fund
Author: International Monetary Fund
Author: International Monetary Fund
Author: International Monetary Fund. Asia and Pacific Dept
Author: International Monetary Fund. Finance Dept.
Author: International Monetary Fund