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International Monetary Fund. Office of Budget and Planning

-person engagement for traction, broader effectiveness, and efficiency of the Fund’s operations. Section III. Proposed Augmentation A. Overview 9. Proposed augmentation framework . Recognizing that the Fund’s budget is subject to annual review and approval by the Executive Board within a medium-term context, staff propose that the Board endorse a framework for an augmentation to the Fund’s net administrative envelope that will set the foundation for staff proposals for FY 23 through FY 25, with reversion to a real, flat envelope at the new, higher level thereafter

International Monetary Fund. Office of Budget and Planning

collaboration with partners—to identify and manage the macro-financial risks and the macro-critical implications of climate change, digital money, fragility, and inequality. This agenda recognized the centrality of these challenges to the global economy and to the Fund’s effectiveness in carrying out its mandate in support of its membership. The Board has agreed on a Budget Augmentation Framework to support these efforts, with annual augmentations averaging two percent over the next three years, returning to a flat real envelope thereafter. The framework protects funds for

International Monetary Fund
This paper proposes a comprehensive Strategy to strengthen IMF support to FCS in accordance with the Fund’s mandate and comparative advantage. The Strategy is a response to the Board-endorsed recommendations of the 2018 Independent Evaluation Office (IEO) Report on The IMF and Fragile States. To achieve these goals, the Strategy will benefit from additional resources reflected in the FY23-25 Medium-Term Budget, as per the budget augmentation framework discussed by the Board in December 2021. The Strategy also provides measures to better support staff working on FCS. Given the inherent risks in FCS engagement, the Strategy will be phased in starting in FY22, with implementation gradually accelerating between FY23-FY25.
International Monetary Fund

analytical support to monitor the implementation of the FCS Strategy, the analysis of fragility and conflict drivers, support the work of country teams, and enhance an effective dialogue with partners. One additional economist position in ICD would facilitate the creation of a fully-fledged FCS training curriculum for staff and other training materials. Table 3. Proposed FCS Staffing Changes (FY23-FY25) Full-Time Equivalents (FTEs) – FCS Country Teams Current headcount* Notional staffing based on Augmentation Framework Paper Area

International Monetary Fund. Office of Budget and Planning

Copyright Page IMF POLICY PAPER BUDGET AUGMENTATION FRAMEWORK May, 2022 IMF staff regularly produces papers proposing new IMF policies, exploring options for reform, or reviewing existing IMF policies and operations. The following documents have been released and are included in this package: The Staff Report on the Budget Augmentation Framework was prepared by the IMF staff and completed on November 12, 2021 for the Executive Board’s consideration on December 1, 2021. The IMF’s transparency policy allows for the deletion of market

International Monetary Fund
Reeling from multiple shocks, the global economic outlook looks increasingly difficult. Since last October, we have downgraded global growth and revised up inflation projections four times. Two years of pandemic, followed by the war in Ukraine, have taken a heavy toll on activity and global trade, exhausting both policy buffers and people’s patience. Now, a ‘cost-of-living crisis’ threatens livelihoods everywhere, with the most vulnerable hit the hardest, and acute food insecurity is an unbearable hardship in too many parts of the world. Multi-decade inflation highs, tightening financing conditions, rising food and energy insecurity, capital flow disruptions, and record high debt levels point to a particularly difficult and uncertain period ahead—especially in the context of slowing growth in the US, Europe, and China. The increasing frequency and intensity of climate-related disasters—devastating floods, droughts, and wildfires—adds to these challenges. While the ongoing digital revolution brings new opportunities, the recent turmoil in crypto asset markets is a reminder of the risks of unfettered digitalization.
International Monetary Fund
Twelfth Periodic Monitoring Report On The Status Of Management Implementation Plans In Response To Board-Endorsed IEO Recommendations
International Monetary Fund. Finance Dept.
This paper updates the projections of the Fund’s income position for FY 2022 and FY 2023–2024 and proposes related decisions for the current financial year. The paper also includes a proposed decision to set the margin for the rate of charge for financial years 2023 and 2024.