Policy Papers

Safeguards Assessment—2019 Update

By George M Kabwe, Elie Chamoun, Riaan van Greuning, Mowele Mohlala, Julia Cardoso

December 17, 2019

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George M Kabwe, Elie Chamoun, Riaan van Greuning, Mowele Mohlala, and Julia Cardoso. Safeguards Assessment—2019 Update, (USA: International Monetary Fund, 2019) accessed September 18, 2024

Summary

Safeguards assessments are a key pillar of the risk management arrangements for IMF lending. Safeguards assessments aim to mitigate the risks of misuse of Fund resources and misreporting of program monetary data under Fund arrangements. Safeguards assessment reports are confidential and therefore the IMF Executive Board is provided with a periodic report on safeguards activities on a biennial basis, in addition to high-level summaries in member country staff reports on key findings and recommendations. This update on safeguards activity covers the period May 2017 to end-April 2019 (the period).

Subject: Auditing, Banking, Central bank governance, Central banks, Economic and financial statistics, External audit, Internal audit, Labor, Monetary statistics, Public financial management (PFM)

Keywords: Audit, Auditing, Central bank, Central bank authority, Central bank autonomy provision, Central bank governance, Central bank participant, Central bank safeguards framework, Europe, External audit, Global, Governance, Governance arrangement, Internal audit, Lending, Middle East, Monetary statistics, PP, Risk management framework, West Africa, Western Hemisphere

Publication Details

  • Pages:

    23

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Policy Paper No. 2019/041

  • Stock No:

    PPEA2019041

  • ISBN:

    9781513523019

  • ISSN:

    2663-3493