02376cas a2200313 a 4500 AALejournalIMF021957 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513599298 2663-3493 BD-DhAAL BD-DhAAL International Monetary Fund. Strategy, Policy, and Review Department. Policy Coordination Instrument-Operational Guidance Note. Washington, D.C. : International Monetary Fund, 2021. 1 online resource (29 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 note provides general guidance on the use of the Policy Coordination Instrument (PCI), a non-financing instrument designed for countries that are seeking to unlock financing from multiple sources and/or to demonstrate a commitment to a reform agenda. Since its establishment in 2017 as part of the Fund's work on the Global Financial Safety Net, the PCI has been used by several members. These early experiences helped establish and refine best practices, which are reflected in the operational guidance note. The note covers operational issues in a broad range of areas such as purpose, objectives, and eligibility, modalities, applicability of UFR-related and other relevant policies, design of a PCI-supported program, conditionality framework, review cycle, and a comparison with other instruments. The note is an aid to the implementation of the policy and its underlying principles. If there is any instance in which a provision of the guidance note or its implementation conflicts with Board policy, Board policy prevails. Mode of access: Internet Global Financial Safety Net and Guidance Note imf Monetary Policy imf PCI Review Cycle imf Policy Coordination Instrument and PCI imf Political Economy imf Transparency Policy imf Policy Papers; Policy Paper ; No. 2021/061 Full text available on IMF http://elibrary.imf.org/view/journals/007/2021/061/007.2021.issue-061-en.xml IMF e-Library