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International Monetary Fund
This review examines experience in implementing the lessons drawn in the 2011 Board paper on the Fund’s engagement with countries in post-conflict and fragile situations (more commonly referred to as fragile states (FS)) and the ensuing 2012 Guidance Note. The focus is on capacity building, Fund facilities and program design, and policy support. The review identifies scope to improve the Fund’s engagement in selected areas.
International Monetary Fund

review departments allowing for greater flexibility in FS program design, more can be done (see Tables 4 and 6 ). Promotion of mechanisms to strengthen the catalytic role of Fund engagement. For example, donors could include in country-specific Multi-Donor Trust Funds (MDTFs) a budget support component linked to Fund supported programs (or Fund monitoring). The current review has not covered changes in donor financing practices. However, FS programs are typically closely coordinated with development partners that provide budget support. Fuller