IMF plans overhaul of assistance to central banks and governments

International Monetary Fund headquarters

The International Monetary Fund has unveiled a package of reforms designed to improve its ‘capability development' function, which includes providing technical assistance and training to central banks and governments.

A policy paper published on June 27 builds on previous efforts in 2008 and 2011 to improve the IMF's capacity development, one of three "core activities" alongside surveillance and lending. "The goal of this paper is to bring technical assistance and training under a single strateg

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