<p><span>Ensuring the highest standards of institutional governance and data and analytical integrity is paramount to the International Monetary Fund’s (IMF) ability to deliver on its mandate and its capacity to serve its member countries in an effective, evenhanded, and impartial manner. </span><span>The IMF’s Executive Board is fully committed to maintaining these standards, and in concluding its review of the matters raised in the investigation of the 2018 World Bank’s Doing Business report in October 2021, the Executive Board noted that it had “confidence in the impartiality and analytical excellence of IMF staff and in the IMF’s robust and effective channels for complaint, dissent, and accountability”. The Board also noted that it would consider “possible additional steps to ensure the strength of institutional safeguards” in these areas</span><span>. Accord
<p><span>Considerable progress has been made on the previously announced review of the International Monetary Fund’s </span><a href="https://www.imf.org/en/News/Articles/2021/12/17/pr21384-imf-executive-board-announces-follow-up-work-on-institutional-safeguards">institutional safeguards </a><span>. The Staff Working Groups (SWGs), have continued to advance with their work around the Fund’s internal governance and staff voice; and data and analysis integrity . The </span><a href="https://www.imf.org/en/News/Articles/2022/02/04/pr2222-external-panel-to-follow-up-work-on-imf-institutional-safeguards">External and Independent Panel of High Level Experts </a><span>, led by Jens Weidmann, has also moved forward with its assessment of the Fund’s Dispute Resolution System and recommendations to strengthen institutional safeguards.</span></p&
Update on IMF s Institutional Safeguards Review miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
<p><span>In its </span><a href="https://www.imf.org/en/News/Articles/2021/10/12/pr21297-statement-by-imf-exec-board-on-its-review-on-investigation-of-wb-doing-business-2018-report">October 11, 2021 statement </a><span>, the IMF’s Executive Board noted that it had “confidence in the impartiality and analytical excellence of IMF staff and in the IMF’s robust and effective channels for complaint, dissent, and accountability,” but it would consider “possible additional steps to ensure the strength of institutional safeguards in these areas.”</span></p>