Policy Papers

The IMF Strategy for Fragile and Conflict-Affected States

March 14, 2022

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The IMF Strategy for Fragile and Conflict-Affected States, (USA: International Monetary Fund, 2022) accessed November 13, 2024

Summary

This paper proposes a comprehensive Strategy to strengthen IMF support to FCS in accordance with the Fund’s mandate and comparative advantage. The Strategy is a response to the Board-endorsed recommendations of the 2018 Independent Evaluation Office (IEO) Report on The IMF and Fragile States. To achieve these goals, the Strategy will benefit from additional resources reflected in the FY23-25 Medium-Term Budget, as per the budget augmentation framework discussed by the Board in December 2021. The Strategy also provides measures to better support staff working on FCS. Given the inherent risks in FCS engagement, the Strategy will be phased in starting in FY22, with implementation gradually accelerating between FY23-FY25.

Subject: Absorptive capacity, Balance of payments, Climate change, Economic growth, Environment, Fiscal policy, Inclusive growth, Macro-fiscal framework, Monetary policy, Political economy, Public financial management (PFM)

Keywords: Absorptive capacity, Asia and Pacific, Climate change, Engagement model, FCS strategy, Field presence, Global, IMF core activity, IMF engagement, IMF FCS list, IMF field presence, Inclusive growth, Macro-fiscal framework, Staffing change

Publication Details

  • Pages:

    59

  • Volume:

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  • DOI:

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  • Issue:

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  • Series:

    Policy Paper No. 2022/004

  • Stock No:

    PPEA2022004

  • ISBN:

    9798400201820

  • ISSN:

    2663-3493