2026 Review of Program Design and Conditionality — Background Paper

International Monetary Fund

No 2026/032, IMF Policy Papers from International Monetary Fund

Abstract: This paper provides additional background for the formal Board consideration of the 2026 Review of Program Design and Conditionality (ROC), building on Review of Program Design and Conditionality: Initial Considerations (FO/DIS/25/82; hereafter the “October 2025 paper”) and Review of Program Design and Conditionality: Reform Proposals (FO/DIS/26/30; hereafter the “April 2026 paper”) and their companion background papers (BPs).

Pages: 25
Date: 2026-09-21
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