Staff-Monitored Programs—Updated Operational Guidance Note
Download or Read eBook Staff-Monitored Programs—Updated Operational Guidance Note PDF written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2022-10-21 with total page 23 pages. Available in PDF, EPUB and Kindle.
| Author | : International Monetary Fund. Strategy, Policy, & Review Department |
| Publisher | : International Monetary Fund |
| Total Pages | : 23 |
| Release | : 2022-10-21 |
| ISBN-10 | : 9798400223242 |
| ISBN-13 | : |
| Rating | : 4/5 (42 Downloads) |
Book Synopsis Staff-Monitored Programs—Updated Operational Guidance Note by : International Monetary Fund. Strategy, Policy, & Review Department
Book excerpt: The note updates and replaces the prior guidance on SMPs, provided in 2003, incorporating changes to the Fund’s lending strategy, and clarifies some operational issues to better guide staff on the use and design of SMPs, while safeguarding even-handed application. Noteworthy changes include clarity on the role of SMPs, specifying the start and end dates of SMPs, clarifying the expected length of SMPs and track record periods, and extensions of SMPs. While many policies are clarified, the principle of flexibility is maintained.
