IEO new head, new work programme
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In June, Thomas Bernes was appointed as the new head of the Independent Evaluation Office (IEO) of the IMF. Bernes previously served as the secretary of the joint IMF-WB development committee, and IMF executive director for Canada from 1996 – 2001.
The IEO confirmed that its evaluations for fiscal year 2006 will include: IMF advice on exchange rate policy, IMF role in selected African countries (aid predictability and debt sustainability), and the effectiveness of bilateral surveillance.
