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240607 ||| eng |
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|a 9798400268700
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| 245 |
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|a Review of the Policy on Staff-Monitored Program With Executive Board Involvement
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2024
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| 300 |
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|a 16 pages
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| 653 |
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|a Economics
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| 653 |
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|a Credit
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| 653 |
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|a Debt relief
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| 653 |
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|a Finance
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| 653 |
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|a Political Economy
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| 653 |
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|a Monetary economics
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| 653 |
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|a Debt Management
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| 653 |
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|a Monetary Policy, Central Banking, and the Supply of Money and Credit: General
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| 653 |
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|a Debt
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| 653 |
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|a Exports and Imports
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| 653 |
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|a Asset and liability management
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| 653 |
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|a International Lending and Debt Problems
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| 653 |
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|a International economics
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| 653 |
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|a Political economy
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| 653 |
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|a External debt
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| 653 |
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|a Debts, External
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| 653 |
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|a Money
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| 653 |
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|a Sovereign Debt
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| 653 |
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|a Debt restructuring
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| 653 |
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|a Debt sustainability
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| 653 |
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|a Monetary policy
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| 653 |
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|a Financial Risk Management
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| 653 |
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|a Monetary Policy
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| 653 |
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|a Money and Monetary Policy
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| 710 |
2 |
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|a International Monetary Fund
|b Strategy, Policy, & Review Department
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| 710 |
2 |
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|a International Monetary Fund
|b Finance Dept
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| 710 |
2 |
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|a International Monetary Fund
|b Legal Dept
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a Policy Papers
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| 028 |
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|a 10.5089/9798400268700.007
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| 856 |
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|u https://elibrary.imf.org/view/journals/007/2024/005/007.2024.issue-005-en.xml?cid=544919-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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| 520 |
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|a This paper reviews the policy on Staff-Monitored Program with Executive Board Involvement (PMB). The PMB plays an important niche role in the Fund’s toolkit in supporting members in circumscribed circumstances, while not supplanting the Staff-Monitored Programs (SMPs) as the primary tool for building or rebuilding a track record towards a Fund arrangement that supports a UCT-quality program. Experience with the PMB is limited to three country cases over the past sixteen months. Further experience would be needed to draw more definitive conclusions in terms of the usefulness of the PMB vis-à-vis alternative instruments and a more parsimonious Fund toolkit. In this context, the PMB is kept in the toolkit, and it will be expected to be reviewed in three years
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