The Office of the Nordic-Baltic Constituency INTERNATIONAL MONETARY FUND

This broad foundation of the Fund’s surveillance over exchange rate policies is laid out in Article IV of the Fund’s Articles of Agreement, and further specified in the 1977

The Work Program envisages further work on quota and governance reform, the review of the SDR basket, engagement in the post-2015 global development agenda, discussions of

In addition to the protracted debates on governance issues and the Fund’s resources in 2010, the main policy topics were strengthening the Fund surveillance, reforming

Surveillance and lending policy aspects related to the abovementioned international shocks are described together with other key areas where important discussions have taken

The Fund is focused on bilateral and multilateral surveillance, providing policy advice, technical support and financial assistance to underpin member countries’ adjustment

Context. The IMF’s Articles of Agreement commit the institution to “the promotion and maintenance of high levels of employment and real income.” In the aftermath of the crisis,

On the global economy, the IMF’s flagship reports are the World Economic Outlook, the Global Financial Stability Report and the Fiscal Monitor, all of which are published twice

underscored that strengthening fiscal institutions and public financial management systems in LICs would be critical for effective utilization of higher aid. The Nordic-Baltic