Member's Documents
This evaluation provides an early assessment of the Fund’s response in the first year of the pandemic, focusing on the rapid extension of emergency financing, the reformulation of the economic outlook and policy advice, and adaptations to internal HR and budgetary practices to shift IMF…
Member's Documents
This evaluation has been one of the IEO’s most ambitious undertakings. The IMF’s administrative budget. Moreover, the evaluation examines the full range of issues that influence how effective the IMF has been in meeting the CD needs and expectations of recipient countries, as well as the Fund’…
Member's Documents
This evaluation examines a critical and long-standing issue for IMF lending: how well have IMF-supported programs been able to sustain economic activity while delivering adjustment needed for external viability? Lessons from this evaluation are particularly relevant as many countries seeking…
Member's Documents
A crisis like no other. The COVID-19 pandemic triggered an unprecedented global public health and economic crisis, with a tragic loss of over 3 million lives around the world and over 140 million confirmed cases thus far. The ensuing economic fallout has also been severe, with global output…
Member's Documents
This report evaluates the influence and value added of IMF advice on capital flows focusing on the period since the approval of the IV. Lessons from this evaluation are particularly germane as the global outlook for capital flows following the COVID-19 shock remains highly uncertain. Together…