It is worth mentioning here that on June 8, 2009, the Executive Board discussed the Independent Evaluation Office's (IEO's) IMF Involvement in International Trade Policy Issues.
In that report, the IEO put forward a set of recommendations aimed at prioritizing the Fund's work on trade within its existing resource envelope.
Based on those IEO recommendations that were endorsed by the Board, staff and management have prepared an implementation plan. The implementation plan is part of the framework established following an External Evaluation of the IEO that seeks to ensure a more systematic follow-up and monitoring of the implementation of Board-endorsed IEO recommendations. That framework envisages, amongst other things, the presentation to the Board of a forward-looking implementation plan for Board-endorsed recommendations soon after Board discussion of each IEO report. The Executive Board agreed that the proposals contained within Table 1 of the implementation plan fulfilled this requirement.
IMF agreed to the implementation plan following Independent Evaluation of its involvement in International Trade Policy Issues
Special Correspondent - 2010-03-02 17:10
The International Monetary Fund (IMF) has issued a public information notice in which it was said that Executive Board had agreed to the implementation plan in response to Board-endorsed recommendations arising from the Independent Evaluation Office (IEO) evaluation of IMF Involvement in International Trade Policy Issues.