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International Monetary Fund. Institute for Capacity Development and International Monetary Fund. Legal Dept.
The Staff Operational Guidance on Dissemination of Capacity Development Information sets forth procedures on the dissemination of capacity development information, based on the objectives of wider, more active, and timelier sharing of information while safeguarding the Fund’s candor and role as trusted advisor. The guidance draws from internal consultations and Executive Directors’ views on the Updated Framework on the Dissemination of Capacity Development Information.
International Monetary Fund
The IMF’s capacity development (CD) information dissemination policy needs to adapt to a new landscape. The Fund is providing more CD and producing greater and more diverse types of CD-related information. Meanwhile, the external landscape has also evolved, as members, partners, and other CD providers increasingly expect greater transparency and access to information. This paper sets out envisaged reforms to further widen the dissemination and publication of CD information.
International Monetary Fund

Context 1. The dissemination and publication of the Fund’s CD information needs to adapt to a changing landscape . Significant time has passed since management set forth the framework of the current dissemination policy in the 2008 framework paper and established the dissemination policy in the Operational Guidelines (“current policy”). 1 The scale, scope, and nature of CD have since evolved. The Fund is now delivering more CD ( Figure 1 ), through new delivery modalities, and producing greater and more diverse types of CD information products. The

International Monetary Fund
Capacity development (CD) is one of the Fund’s three core activities and has grown in importance in recent years. It supports member countries’ efforts to build the institutions and capacity necessary to formulate and implement sound economic policies, thereby complementing the Fund’s surveillance and lending mandates. Member countries, partners, and external commentators give the Fund high marks for the quality of its CD. At the same time, efforts need to continue to strengthen Fund CD to serve members’ current and evolving needs. The 2018 CD Strategy Review examines progress under the Fund’s 2013 CD Strategy and proposes a CD strategy for the next five years. It notes substantial progress in addressing the 2013 recommendations, which included strengthening the CD governance structure, enhancing the prioritization processes, clarifying the funding model, strengthening monitoring and evaluation, promoting greater integration of TA and training, exploiting new technologies for delivery, and leveraging CD as outreach. However, background work for this review also pointed to the need to strengthen the CD framework further. The review builds upon the existing CD strategy, focusing on two mutually reinforcing objectives. First, the impact of Fund CD needs to be increased by further strengthening integration with the Fund’s policy advice and lending operations, while continuing to make progress in framing CD through comprehensive strategies tailored to each member’s needs, capacity, and conditions, focusing on implementation and outcomes. Stronger coordination between CD and the Fund’s other core functions will better connect CD with countries’ risks and vulnerabilities and ensure surveillance and lending integrate lessons from CD more effectively. Second, the efficiency of CD needs to be increased by improving CD processes and systems. This will enhance transparency and strengthen the basis for strategic decision making. Five specific areas of recommendations support the strategy. Likewise, they mitigate institutional risks stemming from the Fund’s CD activities. They include clearer roles and responsibilities for key internal and external stakeholders in the CD process; continued strengthening of prioritization and monitoring; better tailoring and modernization of CD delivery with a focus on implementation of TA recommendations; greater internal consultation and sharing of CD information; and further progress in external coordination, communication, and dissemination of information (Annex I).
International Monetary Fund. Independent Evaluation Office

Abstract

Capacity development (CD) is a key function of the IMF, aiming to assist its member countries develop their institutional and human capacity to design and implement sound macroeconomic and financial policies. CD has been provided to all IMF member countries at some point, although it is directed mainly toward low- and middle-income countries. CD represents about one-third of the IMF’s administrative budget, having expanded substantially in the past decade. This evaluation assesses how effective the IMF has been in meeting the CD needs and expectations of recipient countries, and the Fund’s institutional objectives for CD, during 2012-20. It also provides an initial review of how IMF CD adapted to the challenges of the COVID-19 pandemic. The evaluation finds that IMF CD was relevant, valued, and broadly effective. Recipients, donors, and the wider membership saw IMF CD as being of the highest technical quality in the Fund’s core areas of expertise and generally perceived that it had become better tailored to recipient needs and circumstances. Overall, Fund CD has supported member countries in building the institutional capacity, in a very wide range of country circumstances. The IMF has also put substantial effort into integrating CD with surveillance and programs, which has in general enhanced its overall engagement with member countries. While recognizing these achievements, the evaluation also identifies a number of important shortcomings and challenges. The evaluation includes recommendations to enhance the strategic framework for, and prioritization of, CD; information available to Executive Directors and opportunities to exercise their oversight role; the integration of CD with surveillance and programs, particularly in the context of programs; CD ownership and delivery; the monitoring and evaluation framework; the sustainability of the CD funding model; and HR policies and incentives to maintain and develop the expertise in the Fund’s core and newly emerging CD topics.

International Monetary Fund

. Electronic copies of IMF Policy Papers are available to the public from http://0-www-imf-org.library.svsu.edu/external/pp/ppindex.aspx International Monetary Fund Washington, D.C . © 2022 International Monetary Fund Title page UPDATED FRAMEWORK ON THE DISSEMINATION OF CAPACITY DEVELOPMENT INFORMATION January 7, 2022 EXECUTIVE SUMMARY The IMF’s capacity development (CD) information dissemination policy needs to adapt to a new landscape . The Fund is providing more CD and producing greater and more diverse types of CD-related information. Meanwhile, the external

International Monetary Fund. Institute for Capacity Development and International Monetary Fund. Legal Dept.

Capacity Development (ICD) and Legal (LEG) Department in consultation with other departments, under the guidance of Michaela Erbenova (ICD) and Bernhard Steinki (LEG). Contents INTRODUCTION SCOPE OF THE OPERATIONAL GUIDANCE A. Temporal Scope B. Substantive Scope POLICY AND PROCEDURES GOVERNING DISSEMINATION OF CD INFORMATION A. Information Related to the Fact of CD Provision and Subject Matter of CD B. Information Related to the Administration of CD Projects C. Fund’s Assessment of CD Provision D. Information Forming the Basis of Final CD

International Monetary Fund. Statistics Dept.

. This report (in whole or in part) or summaries thereof may be disclosed by the IMF to IMF Executive Directors and members of their staff, as well as to other agencies or instrumentalities of the TA recipient, and upon their request, to World Bank staff, and other technical assistance providers and donors with legitimate interest, unless the TA recipient specifically objects to such disclosure (see Staff Operational Guidance on Dissemination of CD Information ). Publication or Disclosure of this report (in whole or in part) or summaries thereof to parties outside the

International Monetary Fund. Institute for Capacity Development and International Monetary Fund. Legal Dept.

Introduction Capacity development (CD) information should be disseminated more widely to capitalize on these benefits: Coordination and synergies. Sharing CD information with other CD providers and financing partners mitigates the risk of siloed CD delivery, improves coordination, exploits synergies, and enables the Fund to prioritize and leverage its limited resources. Dissemination to Fund staff supports CD, lending, and surveillance integration, and enhances outcomes. Knowledge as a global public good. Through publication, the membership and the

International Monetary Fund. Independent Evaluation Office

found that most CD yielded limited outcomes in the short term, but some major achievements given the context; one particularly identified CD intensity at odds with absorptive capacity. New efforts are now underway to increase CD and its effectiveness in FCS, reinforced by the budget augmentation and FCS strategy approved in 2022. 4. Internal Consultation and Information Sharing CDMAP The objectives of CDMAP, to address gaps, inconsistencies and asymmetries in CD information across the institution, are appropriate, but there are significant criticisms by