Blog · Professional

Journal Entry, What is the IEO?

Written on Tuesday, April 23, 2013
Event New Rules for Global Finance C0-Sponsored at the IMF-World Bank Spring Meetings 2013

What is the IEO and Why CSOs Should Care

Summary:

This event examined the Independent Evaluation Office’s (IEO) mandate, accomplishments and planned evaluations. The discussion focused on how civil society organizations provided constructive feedback and input toward the IEO’s policies and activities. This event was sponsored by the Independent Evaluation Office (IMF).

Key Points:

  •          Examples are given regarding the structural conditionality from 2007. The clarity of goals the IMF imposed and acted upon have been found to be the same as of 2013.
  •          IEO reforms following the Lissakers Report have become concise, increased policy emphasis, HR changes and have improved the follow-up process.
  •          Mr. Lamdany, Deputy Director of the IEO says the IEO receives a couple responses for every billionth person in the world. He invited all to visit the website and give constructive feedback.
  •          The IEO Board receives the most feedback regarding the need to keep employees longer in missions.
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