Key facts
- The IMF plans to reduce economic health checks for some countries.
- The move is part of a broader efficiency push by the lender.
- Decisions on less frequent Article IV discussions will be made case-by-case.
- Countries can also request fewer consultations.
The International Monetary Fund is reportedly planning to decrease the number of economic health checks it conducts for specific countries. This initiative is part of a broader effort by the lender to improve efficiency. According to Bloomberg News, citing individuals familiar with the matter, there will not be a formal list of countries subject to less frequent Article IV discussions. Instead, these decisions are expected to be made on an individual basis, and countries will also have the option to request fewer consultations. Reuters could not immediately verify the report.