2021-12-22-IMF-List_of_IMF_Member_Countries_with_Delays_in_Completion_of_Article_IV_Consultations_or_Mandatory_Financial_Stability_Assessments_over_18_Months_4页_173kb

Summary of IMF Report on Delays in Article IV Consultations or Mandatory Financial Stability Assessments

The report, issued on December 15, 2021, by IMF staff, addresses delays in completing Article IV consultations or mandatory financial stability assessments beyond 18 months. This list applies to member countries as of December 15, 2021.

Key points:

• No mandatory financial stability assessments were delayed by more than 18 months.
• Compared to the June 2021 list, Guinea-Bissau was added, and Guinea was removed.
• Delays are calculated from the stipulated completion date, including a three-month grace period where applicable, and account for COVID-19-related extensions.
• Common reasons for delays include program-related issues, further discussions, political/security situations, government changes, staffing constraints, authorities' requests, lack of agreement, and miscellaneous factors.
• The delay count reflects the suspension of staff work due to the COVID-19 pandemic and global health emergencies, extending consultation cycles.

For detailed information, refer to Appendix I in the full report.