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Review of Program Design and Conditionality: Initial Considerations – Background Paper

International Monetary Fund

No 2026/028, IMF Policy Papers from International Monetary Fund

Abstract: This paper provides the analytical foundation for the diagnostic findings presented in the Initial Considerations paper. Drawing on extensive empirical analysis, stakeholder surveys, and cross-country program experience, it examines program performance, key policy areas, and emerging challenges that informed the reform themes subsequently developed in the Reform Proposals paper.

Keywords: Review of Program Design and Conditionality; ROC 2026; IMF-supported programs; Program design; IMF conditionality; Balance of payments; External stability; Economic adjustment; Structural reforms; Macroeconomic stability (search for similar items in EconPapers)
Pages: 86
Date: 2026-09-24
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