Download or read book Safeguards Assessment 2017 Update written by International Monetary Fund and published by International Monetary Fund. This book was released on 2017-10-26 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: activity remained consistent with recent years. 21 assessments were completed during the update period (September 2015-April 2017) and five were in progress at the end of the period. Activity continues to average around 13 assessments per year. While the number of central banks under monitoring decreased slightly from 67 to 63, some monitoring cases required intense engagement due to safeguards challenges that emerged. These related to forensic investigations, governance reforms, and a deterioration in safeguards frameworks of central banks facing difficult external conditions.
Download or read book Safeguards Assessment 2019 Update written by Mr.George M Kabwe and published by International Monetary Fund. This book was released on 2019-12-17 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 resources and misreporting of program monetary data under Fund arrangements. Safeguards assessment reports are confidential and therefore the IMF Executive Board is provided with a periodic report on safeguards activities on a biennial basis, in addition to high-level summaries in member country staff reports on key findings and recommendations. This update on safeguards activity covers the period May 2017 to end-April 2019 (the period).
Download or read book Safeguards Assessment 2019 Update written by Mr.George M Kabwe and published by International Monetary Fund. This book was released on 2019-12-17 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 resources and misreporting of program monetary data under Fund arrangements Safeguards assessment reports are confidential and therefore the IMF Executive Board is provided with a periodic report on safeguards activities on a biennial basis, in addition to high-level summaries in member country staff reports on key findings and recommendations. This update on safeguards activity covers the period May 2017 to end-April 2019 (the period).
Download or read book Safeguards Assessments 2007 Update written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2007-11-10 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides Executive Directors with an update of safeguards assessment activities from July 1, 2006 through June 30, 2007. This is the second annual update report of safeguards activities since the last review of the safeguards policy in April 2005. The next review of the policy by the Executive Board is scheduled for 2008.
Download or read book Safeguards Assessments 2009 Update written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2009-12-15 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides Executive Directors with an update of safeguards assessment activities from July 1, 2008 through June 30, 2009. In common with previous updates, it covers the various types of safeguards activities undertaken during the year, highlighting the increased activity associated with the “twin crises” of food and fuel price shocks and the global financial crisis during 2008/09. It also briefly discusses developments in the latter part of that year, including the separate safeguards procedures introduced for members accessing the Flexible Credit Line (FCL).
Download or read book Safeguards Assessments Policy External Expert Panel s Advisory Report written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2022-12-16 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report by the external expert panel (“the panel”) examines the effectiveness and appropriateness of the safeguards assessments policy in the five years since its last review in 2015. In addition to expressing an opinion on the effectiveness and appropriateness of the safeguards assessment policy, the panel also makes recommendations to the Executive Board for its consideration to improve and optimize the benefits to be garnered from the safeguards assessment policy. The panel’s opinion is based on (i) consultations with key stakeholders, including central bank authorities, IMF Executive Directors’ offices, and Fund staff; (ii) examination of safeguards assessment and other Fund-specific documents; and (iii) study of international reference materials.
Download or read book 2017 Handbook of IMF Facilities for Low Income Countries written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2017-01-12 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook provides guidance to staff on the financial facilities and non-financial instruments for low-income countries (LICs), defined here as all countries eligible to obtain concessional financing from the Fund. It updates the previous version of the Handbook that was published in February 2016 (IMF, 2016d) by incorporating modifications resulting from Board papers and related decisions since that time, including Financing for Development—Enhancing the Financial Safety Net for Developing Countries—Further Considerations (IMF, 2016c), Review of Poverty Reduction and Growth Trust – Review of Interest Rate Structure (IMF, 2016b), Eligibility to Use the Fund’s Facilities for Concessional Financing (IMF, 2017a), Large Natural Disasters—Enhancing the Financial Safety Net for Developing Countries (IMF, 2017b) and Adequacy of the Global Financial Safety Net – Proposal for a New Policy Coordination Instrument (IMF, 2017c). Designed as a comprehensive reference tool for program work on LICs, the Handbook also refers, in summary form, to a range of relevant policies that apply more generally to IMF members. As with all guidance notes, the relevant IMF Executive Board decisions, including the terms of the various LIC Trust Instruments that have been adopted by the Board, remain the sole legal authority on the matters covered in the Handbook
Download or read book ASSESS Analytic System and Software for Evaluating Safeguards and Security Update written by and published by . This book was released on 1990 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Analytic System and Software for Evaluating Safeguards and Security (ASSESS) has been released for use by DOE field offices and their contractors. In October, 1989, we offered a prototype workshop to selected representatives of the DOE community. Based on the prototype results, we held the first training workshop at the Central Training Academy in January, 1990. Four additional workshops are scheduled for FY 1990. ASSESS is a state-of-the-art analytical tool for management to conduct integrated evaluation of safeguards systems at facilities handling facilities. Currently, ASSESS focuses on the threat of theft/diversion of special nuclear material by insiders, outsiders, and a special form of insider/outsider collusion. ASSESS also includes a neutralization module. Development of the tool is continuing. Plans are underway to expand the capabilities of ASSESS to evaluate against violent insiders, to validate the databases, to expand the neutralization module, and to assist in demonstrating compliance with DOE Material Control and Accountability (MC A) Order 5633.3. These new capabilities include the ability to: compute a weighted average for performance capability against a spectrum of insider adversaries; conduct defense-in-depth analyses; and analyze against protracted theft scenarios. As they become available, these capabilities will be incorporated in our training program. ASSESS is being developed jointly by Lawrence Livermore and Sandia National Laboratories under the sponsorship of the Department of Energy (DOE) Office of Safeguards and Security.
Download or read book Effectiveness of Internal Audit and Oversight at Central Banks Safeguards Findings Trends and Observations written by Elie Chamoun and published by International Monetary Fund. This book was released on 2018-05-31 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experience under the safeguards policy has shown that central banks continued to strengthen their safeguards frameworks, but that vulnerabilities prevailed in the areas of internal audit and oversight by the audit committee (AC). This paper takes steps to help unravel why this was the case, based on analysis of safeguards findings in these areas during the period April 2010 to December 2017 (covering 111 assessments at 64 central banks). Based on this analysis, it presents the key attributes that determine the effectiveness of internal audit and the AC. It also argues that, an effective internal audit function, coupled with strong oversight by a high-performing AC are key enablers of good governance.
Download or read book Togo written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2017-12-15 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses Togo’s First Review Under the Extended Credit Facility (ECF) Arrangement. Program implementation under the ECF-supported program has been good. All quantitative performance criteria and prior actions were met as well as four out of five structural benchmarks. The fiscal consolidation envisaged under the ECF-supported program has begun. The primary deficit improved from an annual average of about 6 percent of GDP in 2013–16 to a surplus of 1.4 percent of GDP in the first half of 2017, due primarily to expenditure rationalization and the halting of non-orthodox financing of public investment. The IMF staff supports the completion of the first ECF review as most quantitative targets, prior actions, and structural benchmarks have been met.
Download or read book Republic of Moldova written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2020-03-18 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents 2019 Article IV Consultation with the Republic of Moldova and its Sixth Reviews Under the Extended Credit Facility and Extended Fund Facility Arrangements. Moldova’s economic growth remained solid in the first three quarters of 2019, with output expanding nearly 5 percent, supported by strong domestic demand. The three-year program has been broadly successful in achieving its objectives. Comprehensive reforms have rehabilitated the banking system and strengthened financial sector governance, entrenching macrofinancial stability. Prudent and well-coordinated policies are needed to safeguard the progress achieved. Decisive governance and institutional reforms are necessary for faster, sustainable, and inclusive growth. Safeguarding central bank independence is a priority. The inflation-targeting (IT) regime remains appropriate, but additional efforts are needed to improve policy credibility, promote exchange rate flexibility, and disincentivize foreign currency intermediation. Widespread governance and institutional vulnerabilities are major impediments to accelerating income convergence. Addressing these could have significant growth dividends through faster capital accumulation, reduced labor and human capital headwinds from emigration, and higher productivity.
Download or read book Gabon written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2017-07-11 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses Gabon’s Request for an Extended Arrangement Under the Extended Fund Facility (EFF). The main goal of the program is to ensure macroeconomic stability and lay the basis for sustainable and equitable growth. To this end, the program seeks to ensure debt sustainability at the national level and help restore and preserve external stability at the regional level. It is built upon three pillars: (1) well-balanced fiscal consolidation that minimizes the impact on growth and protects vulnerable groups; (2) structural fiscal reforms to improve the efficiency and transparency of public spending; and (3) policies to enhance financial sector stability and economic diversification. The IMF staff supports the authorities’ request for an extended arrangement under the EFF.
Download or read book Safeguards Assessments 2022 Review of Experience written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2022-12-16 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews experience with the safeguards assessment policy since the last review in 2015. The policy is subject to periodic reviews by the Executive Board. The policy’s main objective is to mitigate risks of misuse of Fund resources and misreporting of monetary data under Fund arrangements. Consistent with past reviews, an external panel of experts provided an independent perspective on the implementation of the policy.
Download or read book Safeguarding Adults written by Alison Brammer and published by Bloomsbury Publishing. This book was released on 2019-10-04 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Working to safeguard adults is a complex area of practice that requires careful balancing of autonomy, protection and risk. In order to make good, lawful judgements about when and how to intervene, practitioners therefore need to have a comprehensive understanding of how the law applies to safeguarding adults. In this text book best-selling author Alison Brammer brings together the many strands of adult safeguarding to provide a succinct guide to the legal framework. Designed to equip practitioners with the relevant knowledge for practice, it lays out the current legislation and guidance and applies it to different areas of adult safeguarding, including defining 'abuse', assessing capacity and dealing with cases of criminal law. The book goes on to analyse key examples of serious case reviews, including the cases of Steve Hoskin and Michael Gilbert. Whether taking a module on Social Work Law or Safeguarding, or a qualified Social Worker, this concise guide to a key aspect of practise is essential reading. How do you apply the principles, structures and processes of the law to everyday practice? Drawing on a wealth of contemporary case examples, this handy pocket book provides a clear text which brings the many complex strands of safeguarding adults together in a succinct and accessible way. - Students taking Social Work qualifying undergraduate and postgraduate degrees. - Qualifies Social Workers fulfilling their learning development requirements. - Undergraduate and postgraduate students of other disciplines looking to understand the influence of law within professional decision-making (e.g. students of Youth Work, Community Work and Health) New to this Edition: - Each chapter is updated and revised to ensure currency - Includes the Care Act 2014Contains links/signposts to further learning to help illustrate how law is applied in practice
Download or read book Republic of Latvia written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2018-09-05 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2018 Article IV Consultation highlights that Latvia’s government revenues overperformed in 2017, buoyed by strong economic activity and wage growth. Nonetheless, the 2017 general government structural balance recorded a deficit of 0.8 percent of GDP, which resulted in a positive fiscal impulse rendering fiscal policy procyclical. Despite the suspension of activities of Latvia’s third largest bank on money laundering concerns, the banking system remains well capitalized and liquid, with capital-to-risk-weighted assets of 22.4 percent and liquid assets exceeding 80 percent of short-term liabilities at end-March 2018. Deleveraging of both households and nonfinancial corporations continued, with household debt to income now at half of its pre-crisis levels.
Download or read book The Federal Democratic Republic of Ethiopia written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2018-12-04 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: Context: In 2017/18 growth slowed due to political uncertainty and appropriately restrictive macroeconomic policies. The external current account deficit narrowed to 6.4 percent of GDP reflecting public-sector fiscal consolidation and a tight monetary policy stance. Reserves were thin and foreign exchange shortages persisted. Prime Minister (PM) Abiy Ahmed took office in April 2018, catalyzing a drive for reforms, including towards economic opening. Outlook: Output growth is expected to accelerate to 8.5 percent in 2018/19 as political uncertainty abates and financial inflows temporarily ease external constraints. The Debt Sustainability Analysis (DSA) continues to assess Ethiopia at high risk of debt distress. Reforms announced by the authorities—including privatizations and opening key sectors to competition and private investment—pose a substantial upside growth potential.
Download or read book Mongolia written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2017-05-31 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2017 Article IV Consultation highlights Mongolia’s promising longer-term prospects given its abundant natural resources. In recent years, however, the economy has faced substantial challenges, as external shocks and expansionary fiscal and monetary policies have compounded structural weaknesses. Mongolia remains heavily exposed to external shocks, given its export profile, and a key challenge will be to avoid the boom-bust cycles of the past. The discussions with authorities have focused on improving the fiscal framework and strengthening policy discipline, complemented by structural reforms to boost diversification and competitiveness and by efforts to strengthen and better target the social safety net.
