2014年-IMF国际货币组织全球_Report_on_the_Incidence_of_Longer_4页_304kb

Report on the Incidence of Longer-Term Program Engagement (September 1, 2014)

Core Content

This report outlines the status of longer-term program engagement (LTPE) among IMF member countries as of September 1, 2014. LTPE is defined as when a member has spent at least seven of the past 10 years under Fund-supported financial arrangements. The report is the fifteenth in a series, responding to the Executive Board's request for periodic updates.

Main Points

Ex Post Assessments (EPAs)

• An EPA is required for members identified as LTPE and for whom no EPA has been prepared in the past five years.
• As of September 1, 2014, the Executive Board had discussed EPAs for 54 members.
• Grenada was the only member to have an EPA discussed in the past 12 months.

LTPE Status

• 14 members met the LTPE definition as of September 1, 2014.
• Afghanistan and Haiti were added to the LTPE list since the last report.
• Mauritania no longer meets the LTPE definition.

Future EPA Expectations

• EPA reports for Afghanistan and Haiti are expected in the next twelve months.
• The Haiti EPA will be discussed together with the last review under the current ECF arrangement, which was recently extended through December 28, 2014.
• For Afghanistan, an EPA will be prepared if a successor arrangement is contemplated, before any formal request for such an arrangement is made.
• For all other members meeting the LTPE definition, EPA reports or updates were issued within the last five years, so no assessments are required in the next twelve months.

Table 1 Summary

Table 2 Summary

Key Information

• LTPE is defined as having at least seven years of non-precautionary Fund financial arrangements in the last ten years.
• Grenada is the only country with an EPA discussed in the past 12 months.
• Afghanistan and Haiti are new additions to the LTPE list.
• Mauritania is no longer considered an LTPE member.
• The report highlights the ongoing engagement of certain countries with the IMF through financial arrangements and the need for EPAs in the future for Afghanistan and Haiti.