Since the 2023 Annual Meetings, the IEO has continued making progress on the two
ongoing evaluations and will launch a new evaluation—on IMF Advice on Fiscal Policy—targeted
for completion in the second half of 2025. The IEO has collaborated with staff on the 13th Periodic
Monitoring Report (PMR) and the management implementation plans (MIPs) that follow up on
the Board-endorsed recommendations of the completed evaluations of The IMF and Capacity
Development and The IMF’s Emergency Response to the COVID-19 Pandemic. The external
evaluation of the IEO is expected to be completed by mid-2024.