Applying the Integrated Policy Framework to Low-Income Countries: Shocks, Frictions, and Policy Considerations

Applying the Integrated Policy Framework to Low-Income Countries: Shocks, Frictions, and Policy Considerations
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Volume/Issue: Volume 2026 Issue 014
Publication date: May 2026
ISBN: 9798229046558
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Banks and Banking , Finance , Economics- Macroeconomics , Money and Monetary Policy , IMF staff , IMF policy , Policy consideration , Ipf friction , transparency policy , IMF Policy paper , Exchange rates , Currency markets , Exchange rate arrangements , Global

Summary

The Integrated Policy Framework (IPF) assists IMF staff in providing advice on the joint use of foreign exchange intervention (FXI), macroprudential measures (MPMs), and capital flow management measures (CFMs), alongside standard monetary and fiscal policies. This note provides overarching considerations in applying the IPF to low-income countries (LICs), building on previous Fund advice.