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Implementation Of The Policy Support Instrument
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Author :International Monetary Fund. Policy Development and Review Dept. Publisher :International Monetary Fund ISBN 13 :1498331165 Total Pages :16 pages Book Rating :4.4/5 (983 download)
Book Synopsis Implementation of the Policy Support Instrument by : International Monetary Fund. Policy Development and Review Dept.
Download or read book Implementation of the Policy Support Instrument written by International Monetary Fund. Policy Development and Review Dept. and published by International Monetary Fund. This book was released on 2005-02-09 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Within the terms of the proposed decisions, staff has formulated specific proposals on a number of issues raised in general terms during the previous Board discussion: (i) the modalities for a fixed schedule of reviews, including how to signal that a program is back on track; (ii) the application of a misreporting framework under the PSI; and (iii) the relationship between the PSI and the PRS process.
Book Synopsis Implementation of the Policy Support Instrument by : Internationaler Währungsfonds
Download or read book Implementation of the Policy Support Instrument written by Internationaler Währungsfonds and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Within the terms of the proposed decisions, staff has formulated specific proposals on a number of issues raised in general terms during the previous Board discussion: (i) the modalities for a fixed schedule of reviews, including how to signal that a program is back on track; (ii) the application of a misreporting framework under the PSI; and (iii) the relationship between the PSI and the PRS process.
Author :International Monetary Fund. Strategy, Policy, & Review Department Publisher :International Monetary Fund ISBN 13 :1498335969 Total Pages :27 pages Book Rating :4.4/5 (983 download)
Book Synopsis Review of the Experience with the Policy Support Instrument by : International Monetary Fund. Strategy, Policy, & Review Department
Download or read book Review of the Experience with the Policy Support Instrument written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2009-04-06 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: This review is focused mainly on the implementation of the Policy Support Instrument (PSI) against the goals and expectations set out by the Executive Board. Some possible modifications to the PSI that have been considered by various stakeholders are also touched upon in the concluding section. This review was conducted in parallel with ongoing work on a new architecture of lending facilities for low-income countries (LIC). Based on the results of this review, the reform of LIC facilities is not expected to alter the case for the PSI as a complement to financing instruments.
Book Synopsis Review of the Experience with the Policy Support Instrument by : Internationaler Währungsfonds
Download or read book Review of the Experience with the Policy Support Instrument written by Internationaler Währungsfonds and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This review is focused mainly on the implementation of the Policy Support Instrument (PSI) against the goals and expectations set out by the Executive Board. Some possible modifications to the PSI that have been considered by various stakeholders are also touched upon in the concluding section. This review was conducted in parallel with ongoing work on a new architecture of lending facilities for low-income countries (LIC). Based on the results of this review, the reform of LIC facilities is not expected to alter the case for the PSI as a complement to financing instruments.
Book Synopsis The Politics of the Environment by : Neil Carter
Download or read book The Politics of the Environment written by Neil Carter and published by Cambridge University Press. This book was released on 2018-08-09 with total page 459 pages. Available in PDF, EPUB and Kindle. Book excerpt: Revised to include new discussions on climate justice, green political parties, climate legislation and recent environmental struggles.
Author :International Monetary Fund. Strategy, Policy, & Review Department Publisher :International Monetary Fund ISBN 13 : Total Pages :65 pages Book Rating :4.4/5 (2 download)
Book Synopsis Review of the Policy Coordination Instrument and Proposal to Eliminate the Policy Support Instrument by : International Monetary Fund. Strategy, Policy, & Review Department
Download or read book Review of the Policy Coordination Instrument and Proposal to Eliminate the Policy Support Instrument written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2023-10-06 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Policy Coordination Instrument (PCI) is a non-financial instrument designed to help countries demonstrate commitment to a reform agenda and unlock financing from other sources. Established in 2017, the PCI aims to support countries in designing and implementing a full-fledged macroeconomic program of policies to address imbalances, prevent crises, build buffers, and enhance stability. The PCI enables closer cooperation with the Fund in cases where countries commit to upper-credit tranche (UCT) quality policies and more intensive monitoring. However, at the time of requesting a PCI, such countries must not be seeking financial assistance from the General Resources Account (GRA) and the Poverty Reduction and Growth Trust (PRGT). The design, request, and review process of the PCI are structured based on Fund arrangements, with several design features drawing on the Policy Support Instrument (PSI). Similar to the PSI, the PCI is a form of technical assistance. However, unlike the PSI, which is restricted to PRGT-eligible members, the PCI is available to all member countries.
Book Synopsis Modifications of the Fund's Conditionality Framework - Application to the Policy Support Instrument by : International Monetary Fund. Legal Dept.
Download or read book Modifications of the Fund's Conditionality Framework - Application to the Policy Support Instrument written by International Monetary Fund. Legal Dept. and published by International Monetary Fund. This book was released on 2009-04-13 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: In connection with its recent review of the GRA Lending Toolkit and Conditionality—Reform Proposals, the Executive Board decided that the Fund would move to a review-based approach to monitor the implementation of structural reforms in the context of Fund-supported programs, including under PRGF or ESF arrangements.
Author :International Monetary Fund. Strategy, Policy, & Review Department Publisher :International Monetary Fund ISBN 13 :1498346618 Total Pages :20 pages Book Rating :4.4/5 (983 download)
Book Synopsis Adequacy of the Global Financial Safety Net--Proposal for a New Policy Coordination Instrument by : International Monetary Fund. Strategy, Policy, & Review Department
Download or read book Adequacy of the Global Financial Safety Net--Proposal for a New Policy Coordination Instrument written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2017-07-26 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial safety net (GFSN) has become larger and more decentralized, creating a need for greater coordination. The expanded GFSN has created multiple sources of official financing for countries in need of support to address balance of payments shocks. Enhanced coordination among these layers would facilitate a more efficient use of global resources and provide better incentives for implementing sound policies. A new non-financing Policy Coordination Instrument (PCI) would address gaps in the GFSN and the Fund’s toolkit. The new Policy Coordination Instrument is designed for countries that are seeking to unlock financing from multiple sources and/or to demonstrate a commitment to a reform agenda. It would enable a closer policy dialogue between the Fund and countries, more regular monitoring of economic developments and policies, as well as Board endorsement of those policies. It would be available for all member countries. The key design features draw on Fund financing arrangements and the Policy Support Instrument (PSI), with some important differences. These include no qualification criteria, a review-based approach for monitoring of conditionality, and a more flexible review schedule. The PCI is part of a broader set of Fund policy proposals to improve coordination with RFAs, enhance liquidity provision for members, and ensure the cohesion of the Fund’s toolkit. The IMFC and the G20 called for further work to strengthen the GFSN and to improve cooperation between the Fund and regional financing arrangements (RFAs). In response, the Fund has produced a diagnostic of the GFSN and the Fund’s toolkit and identified important gaps. Introduction of the PCI, when considered together with the other proposals, will help to move towards a GFSN with improved coverage, more reliable support, and better coordination between the various layers.
Author :International Monetary Fund. Policy Development and Review Dept. Publisher :International Monetary Fund ISBN 13 :1498332986 Total Pages :9 pages Book Rating :4.4/5 (983 download)
Book Synopsis Key Trends in Implementation of the Fund's Transparency Policy by : International Monetary Fund. Policy Development and Review Dept.
Download or read book Key Trends in Implementation of the Fund's Transparency Policy written by International Monetary Fund. Policy Development and Review Dept. and published by International Monetary Fund. This book was released on 2006-01-31 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the time of the 2005 review of the Fund’s transparency policy, it was agreed that information on key trends in implementation of the transparency policy would be circulated to the Board regularly, along with lists indicating the publication status of reports discussed by the Board (see IMF Executive Board Reviews Fund’s Transparency Policy, August 15, 2005 and The Fund’s Transparency Policy—Proposed Amendments, July 28, 2005). The set of Tables provided in this report focuses on documents published through December 2005.
Book Synopsis Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries by : International Monetary Fund
Download or read book Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-10-23 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, many low- and lower-middle income countries (LLMICs) have improved control over fiscal policy, liberalized and deepened financial markets, and stabilized inflation at moderate levels. Monetary policy frameworks that have helped achieve these ends are being challenged by continued financial development and increased exposure to global capital markets. Many policymakers aspire to move beyond the basics of stability to implement monetary policy frameworks that better anchor inflation and promote macroeconomic stability and growth. Many of these LLMICs are thus considering and implementing improvements to their monetary policy frameworks. The recent successes of some LLMICs and the experiences of emerging and advanced economies, both early in their policy modernization process and following the global financial crisis, are valuable in identifying desirable features of such frameworks. This paper draws on those lessons to provide guidance on key elements of effective monetary policy frameworks for LLMICs.
Author :International Monetary Fund Publisher :INTERNATIONAL MONETARY FUND ISBN 13 :9781451809541 Total Pages :48 pages Book Rating :4.8/5 (95 download)
Book Synopsis Cape Verde: Sixth Review Under the Policy Support Instrument and Request for a One-Year Extension of the Policy Support Instrument - Staff Report; Press Release by : International Monetary Fund
Download or read book Cape Verde: Sixth Review Under the Policy Support Instrument and Request for a One-Year Extension of the Policy Support Instrument - Staff Report; Press Release written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2009-06-30 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses key findings of the Sixth Review under the Policy Support Instrument (PSI) for Cape Verde. Policy implementation under the PSI-supported program continues to be strong; all PSIs quantitative targets except for one at end-December 2008 were met. In 2009, real GDP growth is expected to decelerate as external demand and private sector growth weakens. IMF staff recommends completion of the sixth PSI review and granting of the waiver on the nonobservance of the assessment criterion on net domestic assets of the Bank of Cape Verde.
Book Synopsis Nigeria: Request for a Two-Year Policy Support Instrument by : International Monetary Fund
Download or read book Nigeria: Request for a Two-Year Policy Support Instrument written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-12-19 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents Nigeria’s Request for a Two-Year Policy Support Instrument to support its reform efforts. All three tiers of government have adhered to a conservative oil price-based fiscal rule, resulting in large overall budget surpluses and a significant buildup of international reserves. The authorities have also initiated a broad structural reform program. GDP growth has been robust, benefiting from the improved macroeconomic environment and policy initiatives to spur agricultural production; and the medium-term growth outlook is favorable.
Book Synopsis Republic of Tanzania by : International Monetary Fund. African Dept.
Download or read book Republic of Tanzania written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2018-01-16 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses Tanzania’s Seventh Review Under the Policy Support Instrument (PSI). Program performance under the PSI has been broadly satisfactory. Most quantitative targets for June and September 2017 were met. Although progress in structural reforms has been mostly slow, efforts have been boosted to advance them. Macroeconomic policies will need to be closely coordinated. After recording a small fiscal surplus in July–September against a programmed deficit, the government is planning to step up budget implementation, particularly in development spending. The monetary policy stance and liquidity forecasting and management will need to be closely coordinated with fiscal developments. Strong growth and job creation are needed to address high poverty and a large underemployed youth population.
Book Synopsis Staff Guidance Note on Macroprudential Policy by : International Monetary Fund
Download or read book Staff Guidance Note on Macroprudential Policy written by International Monetary Fund and published by International Monetary Fund. This book was released on 2014-06-11 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: This note provides guidance to facilitate the staff’s advice on macroprudential policy in Fund surveillance. It elaborates on the principles set out in the “Key Aspects of Macroprudential Policy,” taking into account the work of international standard setters as well as the evolving country experience with macroprudential policy. The main note is accompanied by supplements offering Detailed Guidance on Instruments and Considerations for Low Income Countries
Book Synopsis United Republic of Tanzania by : International Monetary Fund. African Dept.
Download or read book United Republic of Tanzania written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2017-06-30 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses Tanzania’s Sixth Review Under the Policy Support Instrument (PSI) and Request for a Six-Month Extension of the PSI. Tanzania’s macroeconomic performance has been strong, albeit with a recent deceleration in economic growth. Program performance under the PSI has been broadly satisfactory. Most quantitative targets for December 2016 and March 2017 were met. Although progress in structural reforms identified under the program has been generally slow, the authorities have stepped up efforts to advance them. The IMF staff supports the authorities’ request for a 6-month extension of the PSI arrangement and recommends completion of its sixth review.
Book Synopsis Alternative Policy Instruments by : Lorraine McDonnell
Download or read book Alternative Policy Instruments written by Lorraine McDonnell and published by . This book was released on 1987 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Rwanda by : International Monetary Fund. African Dept.
Download or read book Rwanda written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2013-12-20 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses Rwanda’s Seventh Review Under the Policy Support Instrument (PSI), Request for a Three-Year PSI and Cancellation of Current PSI. Progress under the PSI has continued to be satisfactory. Except for the ceiling on nonconcessional borrowing (NCB), all quantitative assessment criteria were met. All indicative targets and structural benchmarks were also met. The nonobservance of the NCB ceiling came about when the authorities allowed Rwandair to contract a new US$50.7 million external loan in July. Presently, the IMF staff recommends a waiver on the basis of the authorities’ commitment to prevent any reoccurrence.
