Review of Ex Post Assessments and Issues Relating to the Policy on Longer-Term Program Engagement

Author: International Monetary Fund

Volume/Issue: Volume 2006 Issue 008

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Topics covered in this book

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Business and Economics , Economics- Macroeconomics , PP , EPA report , EPA team , country authorities , EPA staff report , Moldova EPA , EPA regime , fund staff , EPA finding , Structural reforms , Fiscal consolidation

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Summary

This review assesses the experience gained to date in carrying out the longer-term program engagement (LTPE) policy and preparing the ex post assessments (EPAs). It discusses the main characteristics of LTPE members and the findings of the EPAs, analyzes the role of the EPAs in the Fund’s due diligence, and provides recommendations for improving their effectiveness.