2011 Review of Conditionality - Design of Fund-Supported Programs

June 18, 2012

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Format: Chicago

2011 Review of Conditionality - Design of Fund-Supported Programs, (USA: International Monetary Fund, 0) accessed November 21, 2024

Summary

Design of Fund-supported programs aims to address country specific needs while remaining even-handed and consistent with Fund policy. This paper examines the extent to which program design and conditionality have been appropriate in pursuing these goals, by seeking to answer several questions: has program design been consistent and evenhanded; has it addressed country specific needs and objectives appropriately; has it been based on reasonably good macroeconomic projections; and has it been flexible in the face of evolving country circumstances. The description and analysis focuses on the period between 2006 and September 2011, with some attention to the 2002-05 period.

Subject: Access to Fund general resources, Conditionality, Conditionality guidelines, Fiscal policy, Fund-supported adjustment programs, General Resources Account, Monetary policy, Poverty Reduction and Growth Trust

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