Strengthening the Framework for Post Program Monitoring / International Monetary Fund.

Format:

Book

Author/Creator:

International Monetary Fund, author, issuing body.

Series:

Policy Papers ; Policy Paper No.16/035.

Policy Papers ; Policy Paper No.16/035

Language:

English

Subjects (All):

Risk management.

Physical Description:

1 online resource (30 pages).

Place of Publication:

Washington, D.C. : International Monetary Fund, 2016.

Summary:

Post-Program Monitoring (PPM) is an important part of the Fund's safeguards architecture. It provides a framework for closer engagement with members that have substantial outstanding Fund credit but are no longer in a program relationship, and helps identify risks and provide advice on policies that will assist these members in repaying the Fund. The significant expansion in Fund credit since the global financial crisis, much of it through medium-term financing of members with high access levels, puts a premium on this form of monitoring. The design and implementation of the current policy can be strengthened.

Contents:

Contents

INTRODUCTION

ADAPTING CONTENT OF PPM REPORTS TO IMPROVE RISK ASSESSMENT

RE-ALIGNING PPM THRESHOLDS WITH RISKS TO THE FUND'S BALANCE SHEET

MODALITIES: A FLEXIBLE, MORE STREAMLINED APPROACH

IMPLEMENTATION ISSUES

A. Questions for Directors

PROPOSED DECISION

BOXES

1. Examples of Quantitative Risk and Spillover Assessment in PPM Reports

2. Balance Sheet Concepts

FIGURES

1. Number of Countries and Outstanding Credit Covered by Alternative PPM Thresholds, 2010-15

TABLES

1. Selected Countries Subject to PPM or with Credit Exceeding Proposed new PPM Treshholds, end 2015

APPENDIX

I. Outstanding Credit.

Notes:

Description based on publisher supplied metadata and other sources.

Includes bibliographical references.

ISBN:

9781498386166

1498386164