Pub Date : 2023-12-01DOI: 10.5089/9798400261343.007
{"title":"Gender Diversity in The Executive Board—Interim Report of The Executive Board to The Board of Governors","authors":"","doi":"10.5089/9798400261343.007","DOIUrl":"https://doi.org/10.5089/9798400261343.007","url":null,"abstract":"","PeriodicalId":507760,"journal":{"name":"Policy Papers","volume":"61 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139191994","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-01DOI: 10.5089/9798400262739.007
{"title":"Sixteenth General Review of Quotas—Report to the Board of Governors and Proposed Resolution, and Proposed Decision to Extend the Deadline for a Review of the Borrowing Guidelines","authors":"","doi":"10.5089/9798400262739.007","DOIUrl":"https://doi.org/10.5089/9798400262739.007","url":null,"abstract":"","PeriodicalId":507760,"journal":{"name":"Policy Papers","volume":"29 9","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139191558","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-01DOI: 10.5089/9798400258824.007
{"title":"The Fund’s Income Position for FY 2023— Actual Outcome","authors":"","doi":"10.5089/9798400258824.007","DOIUrl":"https://doi.org/10.5089/9798400258824.007","url":null,"abstract":"","PeriodicalId":507760,"journal":{"name":"Policy Papers","volume":"72 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139303673","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-04-15DOI: 10.5089/9781513540559.007
The IEO is advancing its work program while adapting to the challenges from the COVID-19 pandemic. While evaluation is not part of the frontline response that has dominated IMF activity over the past six months, independent evaluation remains a key function for learning from experience and drawing lessons for the Fund as it focuses on meeting members’ urgent and evolving needs. Since April, IEO engagement with the Executive Board has resumed, including formal discussion of the recently completed evaluation of IMF Advice on Capital Flows and an informal seminar on Bank-Fund collaboration on climate issues. Work continues on evaluations of adjustment and growth in IMF-supported programs and IMF engagement with small states, and a new evaluation is being launched on IMF capacity development.
{"title":"Progress Report to The IMFC On the Activities Of The Independent Evaluation Office Of The IMF","authors":"","doi":"10.5089/9781513540559.007","DOIUrl":"https://doi.org/10.5089/9781513540559.007","url":null,"abstract":"The IEO is advancing its work program while adapting to the challenges from the COVID-19 pandemic. While evaluation is not part of the frontline response that has dominated IMF activity over the past six months, independent evaluation remains a key function for learning from experience and drawing lessons for the Fund as it focuses on meeting members’ urgent and evolving needs. Since April, IEO engagement with the Executive Board has resumed, including formal discussion of the recently completed evaluation of IMF Advice on Capital Flows and an informal seminar on Bank-Fund collaboration on climate issues. Work continues on evaluations of adjustment and growth in IMF-supported programs and IMF engagement with small states, and a new evaluation is being launched on IMF capacity development.","PeriodicalId":507760,"journal":{"name":"Policy Papers","volume":"26 14","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141211914","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-04-01DOI: 10.5089/9781513541396.007
Angana Banerji
1. Tonga’s modest recovery from Cyclone Gita will be interrupted by the Covid-19 pandemic. Following a sharp drop in FY2018 due to Cyclone Gita, economic activity began normalizing in FY2019, largely due to reconstruction activities supported by remittances, and marine exports. The post-Gita recovery was expected to gather speed due to continued improvements in exports and reconstruction. However, growth is expected to drop sharply due to spillovers from a major Covid-19-induced contraction in economic activity in remitting countries. In line with current (albeit highly uncertain) expectations about the trajectory and global impact of the pandemic, these effects are likely to persist through at least the first half of FY2021. Beyond this period, growth is expected to recover to 3–4 percent in FY2022–23 in line with current expectations of a global recovery. These forecasts are subject to considerable uncertainty regarding the evolution and impact of the pandemic. While reserves are likely to remain comfortable in the remainder of FY2020, mainly due to import compression, weak competitiveness, lower remittances, heavy debt repayments, and large import needs are likely to widen current account deficits over time, reducing reserve coverage to 3−4 months of imports by 2023, well below desirable coverage (63⁄4 months of imports) for disaster-prone countries. Inflation is forecast to remain low due to weaker global food and fuel prices.
{"title":"Tonga—IMF Assessment Letter for the World Bank","authors":"Angana Banerji","doi":"10.5089/9781513541396.007","DOIUrl":"https://doi.org/10.5089/9781513541396.007","url":null,"abstract":"1. Tonga’s modest recovery from Cyclone Gita will be interrupted by the Covid-19 pandemic. Following a sharp drop in FY2018 due to Cyclone Gita, economic activity began normalizing in FY2019, largely due to reconstruction activities supported by remittances, and marine exports. The post-Gita recovery was expected to gather speed due to continued improvements in exports and reconstruction. However, growth is expected to drop sharply due to spillovers from a major Covid-19-induced contraction in economic activity in remitting countries. In line with current (albeit highly uncertain) expectations about the trajectory and global impact of the pandemic, these effects are likely to persist through at least the first half of FY2021. Beyond this period, growth is expected to recover to 3–4 percent in FY2022–23 in line with current expectations of a global recovery. These forecasts are subject to considerable uncertainty regarding the evolution and impact of the pandemic. While reserves are likely to remain comfortable in the remainder of FY2020, mainly due to import compression, weak competitiveness, lower remittances, heavy debt repayments, and large import needs are likely to widen current account deficits over time, reducing reserve coverage to 3−4 months of imports by 2023, well below desirable coverage (63⁄4 months of imports) for disaster-prone countries. Inflation is forecast to remain low due to weaker global food and fuel prices.","PeriodicalId":507760,"journal":{"name":"Policy Papers","volume":" 1226","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141218381","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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