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Review of Program Design and Conditionality: Reform Proposals

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  • International Monetary Fund

Abstract

Building on the review’s diagnostic work and initial Board guidance, this paper presents proposals to better calibrate IMF-supported programs in a more uncertain and shock-prone world. It discusses reform options to improve program design, strengthen resilience to risks, enhance the catalytic role of Fund financing, and promote the durable resolution of balance of payments problems.

Suggested Citation

  • International Monetary Fund, 2026. "Review of Program Design and Conditionality: Reform Proposals," IMF Policy Papers 2026/029, International Monetary Fund.
    • Handle: RePEc:imf:imfpps:2026/029
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    File URL: https://www.imf.org/en/publications/longres?sk=579551
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