Implementing Board-Endorsed Recommendations From The 2024 External Evaluation Of The Fund’s Independent Evaluation Office (IEO)

International Monetary Fund

No 2024/051, IMF Policy Papers from International Monetary Fund

Abstract: This paper describes implementation steps related to the board-endorsed recommendations from the Fourth External Evaluation of the Fund's Independent Evaluation Office (The Garcia Silva Report). The Garcia Silva Report brought recommendations in six areas to further improve the IEO’s relevance and effectiveness: (i) Undertaking Early-Stage Evaluations, (ii) Review the IEO’s HR Policy, (iii) Topic Selection, (iv) IEO Product Line, (v) Follow-up process, and (vi) Joint evaluations with other International Financial Institutions' evaluators. Recommendations (i-iv) fall under the IEO’s purview, and recommendation (vi) was not endorsed by the Executive Board. Therefore, this paper focuses on staff’s proposals to enhance the ownership in implementation and the follow-up of Board-endorsed IEO recommendations (recommendation v).

Keywords: Management Implementation Plan; External Evaluation of the Independent Evaluation Office (IEO); 2024 External Evaluation Report of the IEO; The Garcia Silva Report; IEO product line; IEO Director; transparency policy; evaluation Policy; IEO recommendation; Multilateral development institutions; Auditing; Absorptive capacity; Crisis management; Global (search for similar items in EconPapers)
Pages: 7
Date: 2024-11-07
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