This document provides guidance and practical suggestions for conducting reviews of the Central Bank Transparency Code (CBT) to IMF staff and experts conducting reviews, as well as to the central banks participating or intending to participate in the CBT review

The paper briefs the Executive Board on the initial considerations on CBDC. These cover a framework to guide countries' CBDC exploration, as well as implications for monetary policy transmission, capital flow management measures, and financial inclusion

At the request of the authorities of Sri Lanka, an interdepartmental (LEG/FAD/MCM, FIN) Governance Diagnostic Assessment (GDA) mission was conducted during March 20 - March 31, 2023. In line with the IMF's 2018 Framework on Enhanced Fund Engagement on Governance, the diagnostic assessment...

The paper develops and assesses options to improve public debt transparency. It first makes the case, both conceptually and empirically, for greater public debt transparency. To guide the development and assessment of options, it examines the factors hindering transparency, including capacity...

This technical assistance report on Benin presents the governance diagnostic. The current President of the Republic Patrice Talon has repeatedly stressed the major importance of good governance for the country's future and has made it a strong focus of his second term. The Governance Diagnostic...

In February 2019, the Executive Board considered staff's preliminary proposals for reforming the IMF's policy on multiple currency practices (MCPs) and supported the majority of the proposals. The Board expressed strong support for re-focusing the policy on official action that segments foreign...

This paper undertakes a comprehensive review of the Fund's sovereign arrears policies. Staff assesses that the Fund's Lending into Arrears to Private Creditors (LIA) policy (established in 1989 and last reviewed in 2002) remains broadly appropriate, while recommending some improvements given the...

This report analyzes the Israeli economy and its financial system in detail. A strong macroprudential framework is believed to be an effective tool in identifying in advance and extenuating threats that arise within the financial domain. It is also stated that the present fragile global economic...

This note provides operational guidance to staff on the implementation of the new Fund's policy on multiple currency practices (MCPs), effective February 1, 2024. The MCP policy is a key element of the Fund's jurisdiction on exchange rates. The Fund's Articles of Agreement prohibit member...

À la demande des autorités de la République islamique de Mauritanie (la « Mauritanie »), une mission interdépartementale (département juridique/département des finances publiques/département monétaire et des marchés de capitaux/département financier) d'évaluation diagnostique de la...