2026 Review of Program Design and Conditionality
International Monetary Fund
No 2026/031, IMF Policy Papers from International Monetary Fund
Abstract:
This paper presents the findings and recommendations of the 2026 Review of Program Design and Conditionality. It assesses the performance of IMF-supported programs during 2018–24 and proposes targeted reforms to strengthen program design and implementation in a more uncertain and shock-prone global environment. Following its endorsement by the IMF Executive Board, it sets out the policy changes that will be implemented by IMF staff.
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: 38
Date: 2026-09-24
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