Revision of IMF conditionality guidelines

The focus of the IMF‘s internal review of IMF conditionality (see previous Bretton Woods Updates) has expanded in the light of IMF Horst Köhler’s commitment to streamline conditionality and strengthen ownership. The review will now examine the use of conditionality, particularly structural conditionality, more generally, including the role, scope, level of detail, and tools used. Two reports for the Executive Board will be ready by Christmas, these will feed into a revision of the guidelines for IMF conditionality which will be agreed by the Spring Meetings at the end of April 2001.

tlane@imf.org