Review of Program Design and Conditionality: Initial Considerations

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

Volume/Issue: Volume 2026 Issue 027

Publication date:

ISBN: 9798229060516

$5.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

	Paperback
English

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Also of interest

Review of Implementation of IMF Commitments in Support of the 2030 Agenda for...

2018 Review of Program Design and Conditionality

Implementing Board-Endorsed Recommendations From The 2024 External Evaluation...

FY2026 Budget Outturn

Summary

The 2026 Review of Program Design and Conditionality (ROC) assesses the effectiveness of IMF-supported programs during 2018–24 in solving members’ balance of payments (BOP) problems and restoring medium-term external viability. This period has been marked by large systemic shocks such as the COVID-19 pandemic and major geopolitical disruptions, weaker global growth, tighter financing conditions, and elevated social strains, which have severely complicated the pursuit of economic stability. In this context, the review will examine whether Fund program design and conditionality are fit for purpose. This paper, and a companion background paper, provide input for the first informal engagement with Executive Directors.