Review of the Fund's Mandate - Follow-Up on Modernizing Surveillance
| Author | : International Monetary Fund. Finance Dept. |
| Publisher | : International Monetary Fund |
| Total Pages | : 18 |
| Release | : 2010-08-25 |
| ISBN-10 | : 9781498337083 |
| ISBN-13 | : 1498337082 |
| Rating | : 4/5 (082 Downloads) |
Book Synopsis Review of the Fund's Mandate - Follow-Up on Modernizing Surveillance by : International Monetary Fund. Finance Dept.
Download or read book Review of the Fund's Mandate - Follow-Up on Modernizing Surveillance written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2010-08-25 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper reviews the adequacy of the Fund’s precautionary balances and proposes a more transparent and rules-based framework for adjusting the precautionary balance target through time. The framework seeks to provide sufficient flexibility to capture the main elements considered relevant by the Board in the past when setting the target and draws on approaches followed by other IFIs, adapted to the particular circumstances of the Fund.