Public Information Notice: IMF Executive Board Discusses Implementation Plan in Response to Board-Endorsed Recommendations Arising from the IEO Evaluation of IMF Interactions with Member Countries
January 11, 2011
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January 11, 2011
On December 27, 2010, the Executive Board of the International Monetary Fund (IMF) agreed to the implementation plan and supplement in response to Board-endorsed recommendations arising from the Independent Evaluation Office (IEO) evaluation of IMF Interactions with Member Countries.
Background
On December 14, 2009, the Executive Board discussed the Independent Evaluation Office's (IEO’s) report on IMF Interactions with Member Countries. In that report, the IEO examined the IMF’s country-level interactions on surveillance, programs and technical assistance over the period 2001–08 and put forward a series of recommendations aimed at enhancing the effectiveness of those interactions.
Based on those IEO recommendations that were endorsed by the Board, staff and management have prepared an implementation plan. The implementation plan is part of the framework established following an External Evaluation of the IEO that seeks to ensure a more systematic follow-up and monitoring of the implementation of Board-endorsed IEO recommendations. That framework envisages, amongst other things, the presentation to the Board of a forward-looking implementation plan for Board-endorsed recommendations soon after Board discussion of each IEO report. The Executive Board agreed that the proposals contained within Table 1 of the implementation plan fulfilled this requirement.
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