02245cas a2200301 a 4500 AALejournalIMF020455 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498344203 2663-3493 BD-DhAAL BD-DhAAL International Monetary Fund. Implementation Plan in Response to the Board-Endorsed Recommendations for the IEO Evaluation of IMF Forecasts : Process, Quality, and Country Perspective. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (12 pages) Policy Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper sets out Management's response to the Independent Evaluation Office's (IEO) evaluation of IMF Forecasts: Process, Quality, and Country Perspectives. The implementation plan proposes specific actions to address the five recommendations that received broad support from the Executive Board, namely (i) maintaining the practice of commissioning external evaluations of IMF forecasts, (ii) enhancing the processes and incentives for learning from past forecast performance, (iii) extending guidance to desk economists on forecasting methodologies, (iv) publishing a description of the WEO forecasting process, and (iv) improving the public availability of data related to forecasts and outturns. Several of the proposed actions to address the Board-endorsed IEO recommendations have already been implemented following the Board discussion, while the implementation of some other actions is underway. This paper also explains how implementation will be monitored. Mode of access: Internet Country Desk imf Country imf Desk Economist imf IEO Evaluation imf PP imf Policy Papers; Policy Paper ; No. 2015/052 Full text available on IMF http://elibrary.imf.org/view/journals/007/2015/052/007.2015.issue-052-en.xml IMF e-Library