Much-in-the-news IMF says it is is seeking views from the public on its transparency policy as part of a review of the policy scheduled for mid-2009.
The IMF in a statement says it strives to provide meaningful and timely information on its work and on the economies of member countries to its global audience. Since the IMF launched its transparency initiative in the 1990s, the institution has become much more open and the vast majority of documents are published.
The transparency policy establishes guidelines for the release of IMF Executive Board documents to the public. The publication status of most categories of documents is “voluntary but presumed”, and once a document is issued to the Executive Board, any changes are limited. “The review of the policy will focus on the experience with the policy against the background of increased global financial integration and greater emphasis on external communication since the last evaluation of transparency.”