Author : International Monetary Fund. Legal Dept.
Publisher : International Monetary Fund
Page : 10 pages
File Size : 47,3 MB
Release : 2006-10-31
Category : Business & Economics
ISBN : 1498332110
This paper provides Executive Directors with an update of safeguards assessment activities through the first half of 2006. This is the first update report following the review of the safeguards policy in April 2005, when Directors agreed that such reports should be prepared on an annual basis going forward rather than on a semi-annual basis.
Author : International Monetary Fund. Finance Dept.
Publisher : International Monetary Fund
Page : 18 pages
File Size : 46,79 MB
Release : 2007-11-10
Category : Business & Economics
ISBN : 149833329X
This paper provides Executive Directors with an update of safeguards assessment activities from July 1, 2006 through June 30, 2007. This is the second annual update report of safeguards activities since the last review of the safeguards policy in April 2005. The next review of the policy by the Executive Board is scheduled for 2008.
Author : International Monetary Fund. Finance Dept.
Publisher : International Monetary Fund
Page : 28 pages
File Size : 30,12 MB
Release : 2008-12-23
Category : Business & Economics
ISBN : 1498333869
Safeguards Activities. In the year to June 30, 2008, 10 safeguards assessments were conducted bringing the total number of assessments completed since 2000 to 122. At year-end, 72 central banks were subject to ongoing safeguards monitoring. Assessment activity has also included several recent high-profile cases of misreporting or misuse, along with intensive analysis of special audit reports initiated in such cases. In the latter part of 2008, staff developed modalities for expedited safeguards assessments under the Emergency Financing Mechanism.
Author : International Monetary Fund. Finance Dept.
Publisher : International Monetary Fund
Page : 22 pages
File Size : 24,13 MB
Release : 2009-12-15
Category : Business & Economics
ISBN : 1498335055
This paper provides Executive Directors with an update of safeguards assessment activities from July 1, 2008 through June 30, 2009. In common with previous updates, it covers the various types of safeguards activities undertaken during the year, highlighting the increased activity associated with the “twin crises” of food and fuel price shocks and the global financial crisis during 2008/09. It also briefly discusses developments in the latter part of that year, including the separate safeguards procedures introduced for members accessing the Flexible Credit Line (FCL).
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 39 pages
File Size : 33,18 MB
Release : 2015-09-24
Category : Business & Economics
ISBN : 1498344178
This report by the external expert panel (“the panel”) examines the effectiveness and appropriateness of the safeguards assessments policy in the five years since its last review in 2010. In addition to expressing an opinion on the effectiveness and appropriateness of the safeguards assessment policy, the panel also makes recommendations to the Executive Board for its consideration to improve and optimize the benefits to be garnered from the safeguards assessment policy. The panel’s opinion is based on (i) consultations with key stakeholders, including central bank authorities, IMF Executive Directors’ offices, Fund and World Bank staff; (ii) examination of safeguards assessment and other Fund-specific documents; and (iii) study of international reference materials.
Author : International Monetary Fund. Finance Dept.
Publisher : International Monetary Fund
Page : 16 pages
File Size : 27,76 MB
Release : 2012-08-31
Category : Business & Economics
ISBN : 1498339913
The safeguards policy was introduced in 2000 to reduce the risks of misuse of Fund resources and misreporting of program monetary data to the Fund. It supports the Fund’s approach to prudent lending and complements other safeguards such as program design, conditionality, and access limits, to name a few. Some 242 assessments of 92 central banks have been completed since 2000. Assessments are followed by a period of monitoring for as long as Fund credit is outstanding.
Author : International Monetary Fund. Legal Dept.
Publisher : International Monetary Fund
Page : 40 pages
File Size : 26,91 MB
Release : 2010-11-08
Category : Business & Economics
ISBN : 1498337163
In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund Activities (the “SFA Instrument”). The financing of activities under the terms of the SFA Instrument is implemented through the establishment and operation of a subaccount within the SFA. This paper requests Executive Board approval to establish the Kuwait Subaccount for Selected Fund Activities (the “Subaccount”) under the terms of the SFA instrument.
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 15 pages
File Size : 38,32 MB
Release : 2013-07-10
Category : Business & Economics
ISBN : 1498341225
The safeguards policy, introduced in 2000, is designed to reduce the risks of misuse of Fund resources and misreporting of program monetary data to the Fund. It supports the Fund’s approach to prudent lending and complements other safeguards, including program design, conditionality, and access limits. Safeguards assessments are required for almost all member countries seeking Fund financing, and are followed by a period of monitoring for as long as Fund credit is outstanding
Author : International Monetary Fund. Finance Dept.
Publisher : International Monetary Fund
Page : 52 pages
File Size : 47,69 MB
Release : 2010-11-08
Category : Business & Economics
ISBN : 1498337198
This paper presents the Fund’s net income outcome for FY 2010. The actual outcomes in this paper follow the closing of the Fund’s accounts for the financial year and completion of the FY 2010 external audit conducted by Deloitte & Touche, the Fund’s external auditor. The paper also provides an update on the restructuring costs incurred during FY 2010.
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 79 pages
File Size : 30,2 MB
Release : 2008-03-24
Category : Political Science
ISBN : 1451822979
This paper reviews Liberia’s performance under the staff-monitored program (SMP) through December 2007, and proposes a three-year program to be supported by the Poverty Reduction and Growth Facility (PRGF) and the Extended Fund Facility (EFF) once Liberia’s arrears to the IMF have been cleared and its rights to access IMF resources restored. Satisfactory performance on the PRGF/EFF-supported program would pave the way for comprehensive treatment of external debt under the Heavily Indebted Poor Countries (HIPC) Initiative and beyond-HIPC debt relief.
