Modifications of the Fund's Conditionality Framework - Application to the Policy Support Instrument

Modifications of the Fund's Conditionality Framework - Application to the Policy Support Instrument
Volume/Issue: Volume 2009 Issue 030
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Economics- Macroeconomics , PP , reform , fund , conditionality framework , reform proposal , implementation

Summary

In connection with its recent review of the GRA Lending Toolkit and Conditionality—Reform Proposals, the Executive Board decided that the Fund would move to a review-based approach to monitor the implementation of structural reforms in the context of Fund-supported programs, including under PRGF or ESF arrangements.