Safeguards Assessments - 2014 Update

Released on by International Monetary Fund
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  • Safeguards Assessments - 2014 Update Book Detail

  • Author : International Monetary Fund
  • Release Date : 2014-05-09
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 16
  • ISBN 13 : 1498342787
  • File Size : 75,75 MB
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Safeguards Assessments - 2014 Update by International Monetary Fund PDF Summary

Book Description: The safeguards policy aims to mitigate the potential risks of misuse of resources, including Fund resources, and misreporting of program monetary data. The policy, introduced in 2000, is an integral part of the Fund’s financing policies and complements other safeguards, such as program design, conditionality, and access limits. Safeguards assessments of central banks of the borrowing member are required for almost all forms of Fund financing, and are followed by a period of monitoring for as long as Fund credit is outstanding.

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Safeguards Assessments - 2014 Update

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The safeguards policy aims to mitigate the potential risks of misuse of resources, including Fund resources, and misreporting of program monetary data. The poli

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activity remained consistent with recent years. 21 assessments were completed during the update period (September 2015-April 2017) and five were in progress at

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Safeguards assessments are a key pillar of the risk management arrangements for IMF lending. Safeguards assessments aim to mitigate the risks of misuse of Fund