Implementation Plan in Response to Board-Endorsed Recommendations for the IEO Evaluation of International Reserves : IMF Concerns and Country Perspectives / International Monetary Fund.

Format:

Book

Author/Creator:

International Monetary Fund, author, issuing body.

Series:

Policy Papers ; Volume 2013: Issue 023

Language:

English

Subjects (All):

Monetary policy.

Commercial policy.

Physical Description:

1 online resource (10 pages).

Other Title:

Implementation Plan in Response to Board-Endorsed Recommendations for the IEO Evaluation of International Reserves

Place of Publication:

Washington, D.C. : International Monetary Fund, 2013.

Summary:

This paper proposes Management's response to the IEO's Evaluation of International Reserves-IMF Concerns and Country Perspectives. The proposed implementation plan focuses on those recommendations that are not already being addressed by other recent Fund initiatives, and include: (i) a successor paper on reserve adequacy, which will review the work contained in the Fund's 2011 Assessing Reserve Adequacy paper and develop additional and updated guidance where needed; (ii) the preparation of a staff guidance note for assessing adequacy; and (iii) additional engagement on reserve issues with members, the private sector, and academics.

Contents:

INTRODUCTION

IEO RECOMMENDATIONS AND BOARD REACTIONS

IMPLEMENTATION PLAN

A. Ensure robust coverage of reserve adequacy in Fund surveillance, and specific guidance tailored to certain types of economies

B. Improved communication of the Fund's views, and guidance, on reserve adequacy

C. Recent Fund initiatives which also address the IEO's recommendations

RESOURCE IMPLICATIONS

ANNEXE

IEO Evaluation of International Reserves-IMF Concerns and Country Perspectives.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

9781498382748

1498382746