2026 Review of Program Design and Conditionality — Background Paper

Author: International Monetary Fund. Strategy, Policy, and & Review Department

Volume/Issue: Volume 2026 Issue 032

Publication date:

ISBN: 9798229061230

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Summary

This paper provides additional background for the formal Board consideration of the 2026 Review of Program Design and Conditionality (ROC), building on Review of Program Design and Conditionality: Initial Considerations (FO/DIS/25/82; hereafter the “October 2025 paper”) and Review of Program Design and Conditionality: Reform Proposals (FO/DIS/26/30; hereafter the “April 2026 paper”) and their companion background papers (BPs).