2014年-IMF国际货币组织全球_List_of_IMF_Member_Countries_With_Delays_in_Completion_of_Article_IV_Consultations_or_Mandatory_Financial_Stability_Assessments_Over_18_Months_2页_256kb

IMF Member Countries with Delays in Article IV Consultations or Mandatory Financial Stability Assessments

Core Content

This document, dated July 31, 2014, provides a list of IMF member countries that experienced delays exceeding 18 months in completing Article IV consultations or mandatory financial stability assessments. The delays are calculated from the scheduled completion date of the next consultation, including any applicable grace periods.

Key Information

• Status as of July 31, 2014: The list includes countries where the completion of Article IV consultations or financial stability assessments was delayed beyond the stipulated period.
• No countries were reported to have delays in mandatory financial stability assessments over 18 months.
• Delays are categorized based on the reasons provided by the IMF staff.

Summary Table

Main Reasons for Delay

The document categorizes the reasons for delays into the following groups:

1. Political/Security Situation: Delays due to unsettled political and/or security conditions.

   • Example: Somalia and Syrian Arab Rep..

2. Government Change: Delays caused by recent or upcoming elections, change of government, or internal changes.

   • Example: Egypt.

3. No Agreement on Mission Dates Modalities: Delays occur when no agreement is reached on the modalities for the mission or the authorities have not communicated dates for the consultation.

   • Examples: Venezuela, Argentina, and Eritrea.

4. Miscellaneous: Includes other unspecified reasons.

   • Example: Madagascar.

Additional Notes

• Grace Period: Delays are calculated excluding a three-month grace period where applicable.
• Delay Calculation: If the stipulated date falls in the first half of a given month, the delay includes that month in its calculation.
• Reclassification: In the case of Egypt, the delay was reclassified from "no agreement on mission dates modalities" to "government change" due to the stabilizing security situation and the presidential elections in May 2014.

Conclusion

The document highlights that political and security issues are a significant cause of delays in Article IV consultations. It also underscores the impact of government changes on the scheduling of assessments. The IMF staff emphasizes that while some delays are due to negotiation and agreement issues, others stem from external conditions such as political instability. The reclassification of Egypt’s delay reflects the dynamic nature of these assessments and the changing political landscape.