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Cover Policy Papers
Statement by the Managing Director on the Independent Evaluation Office Report on IMF Engagement with Small Developing States Executive Board Meeting May 6, 2022
International Monetary Fund

size and low spillover risks, SDS were increasingly better served by the Fund over the last decade, with SDS concerns more clearly identified and efforts made to find solutions, as evidenced by the growing body of high-quality research on SDS-specific issues, and the large share of SDS use of CD, among other efforts. Ensuring appropriate staff turnover and assignment turnover that supports strong and continuous engagement with SDS is a legitimate concern. However, I note that this is also the case for other non-SDS members; given its importance, the issue is being

Keywords:
SDS concern; SDS constraint; SDS work; SDS knowledge; SDS development
Cover Policy Papers
Statement by the Managing Director on the Independent Evaluation Office Report on IMF Engagement with Small Developing States: Executive Board Meeting May 6, 2022
International Monetary Fund
The report and its recommendations should also be careful to not impinge upon areas that are still unfolding, such as the RST, crisis response, and CD provision, to avoid unnecessary duplication of efforts and ensure that a coherent and evenhanded framework is in place. I offer qualified and/or partial support to the recommendations, as discussed below, to serve better our SDS members.
Keywords:
SDS challenge; SDS MC turnover; SDS issue; SDS heterogeneity; SDS use; SDS engagement; Climate change; Natural disasters; Climate policy; Financial Sector Assessment Program; Global