Update on Implementation Plan to Address the Recommendations of the 2022 Institutional Safeguards Review

December 21, 2023

Preview Citation

Format: Chicago

Update on Implementation Plan to Address the Recommendations of the 2022 Institutional Safeguards Review, (USA: International Monetary Fund, 2023) accessed December 21, 2024

Summary

In response to the recommendations from the 2022 Institutional Safeguards Review (ISR), a comprehensive Implementation Plan (IP) was developed drawing on the work undertaken by a Board Steering Group, Management, and staff. The IP, which was discussed and endorsed by the Board in December 2022, outlined a set of actions and policy changes that reflected the strong shared commitment of the Board and Management to a durable change in the institution and the highest standards of institutional governance. Substantial progress has been made in advancing the IP actions that were due to be completed in CY2023, with 85 percent of the actions having been completed or remaining on track for completion.

Subject: Auditing, Employment, External audit, Internal audit, Labor, Monetary policy, Political economy, Public financial management (PFM)

Keywords: Auditing, Board approval, Board-endorsed IP, Culture Change, Data Integrity, Dispute Resolution, DRS office, Employment, External audit, Internal audit, ISR implementation core group, Leadership, OED personnel access, Oversight and Accountability, Staff address concern, Staff feel, Staff pulse survey, Tone from the Top

Publication Details

Pages:

41
Volume:

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DOI:

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Issue:

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Series:

Policy Paper No. 2023/060
Stock No:

PPEA2023060
ISBN:

9798400264856
ISSN:

2663-3493

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