The International Monetary Fund has issued a Capacity Development (CD) Guidance Note intended to serve as a consolidated reference for Fund policies, practices, and procedures covering the delivery and management of CD. The Guidance Note supersedes the IMF’s 2019 Policies and Practices on Capacity Development, aligns with the Management Implementation Plan responding to the Independent Evaluation Office’s 2022 evaluation of CD, and is designed to operationalize recommendations from the 2024 Capacity Development Strategy Review. It also pulls together relevant earlier internal guidance on CD delivery and management, with subject coverage including absorptive capacity, anti-money laundering and combating the financing of terrorism (AML/CFT), balance of payments, government debt management, and public financial management.
International Monetary Fund 2026-02-02
International Monetary Fund publishes updated Capacity Development guidance note replacing its 2019 framework
The International Monetary Fund released a Capacity Development Guidance Note, consolidating policies for CD delivery and management, superseding the 2019 guidelines, and aligning with the Management Implementation Plan after the 2022 evaluation. It addresses topics like absorptive capacity, anti-money laundering, combating terrorism financing, balance of payments, government debt, and public financial management.