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37.

International Monetary Fund (IMF)

Poor

OVERVIEW

The IMF has been included in the ATI since 2013 in recognition of its size and role as a provider of public funds for promoting growth and reducing poverty. It is different from the other IFIs in that its largest flows are the provision of balance of payments support to its member countries, primarily to central banks. As such not all indicators are a direct fit with IMF’s business model, although the indicator scoring guidelines have been made more flexible to recognise different business models. The IMF also provides technical assistance.

The IMF is not an IATI signatory but is covered by the Busan common standard commitments. Its Financial Data Query Tool includes information on cross-country historical financial data since 1984, including IMF members’ quota, reserve tranche position, Special Drawing Rights (SDR) holdings, outstanding credit, projected payments due to the IMF, members’ arrangements and borrowings, and monthly historical transactions with the IMF. In June 2013, the IMF’s Executive Board concluded a review of the Fund’s Transparency Policy. This policy makes disclosure the norm rather than the exception, but does not sufficiently clarify these exceptions or include an independent appeals process.

ANALYSIS

The IMF scores 31.6% and is the second-highest scoring organisation among the agencies not currently publishing to the IATI Standard. It performs well on organisation planning and activity performance information (results, conditions and impact appraisals) as well as the provision of project documents. It scores less well on activity and organisation financial data and it is the only IFI to not score for tenders and unique ID. Of the 22 indicators that take format into account, seven are published in machine-readable formats. The IMF does not score on nine of the 39 indicators.

RECOMMENDATIONS

The IMF should join IATI and begin publishing information on its balance of payments loans and technical assistance.
The IMF should publish an ambitious implementation schedule, with specific timelines and delivery targets, aiming for full implementation of the IATI Standard by the end of 2015.
It should work with IATI to develop specific guidance for IFIs on publishing to the IATI Standard and to ensure that IMF flows can be accurately represented.

DONOR PROFILE

First published to IATI:

N/A

2013 ATI Score:

31.83%

2013 ATI Rank:

Visit ATI 2013...

INDICATOR SCORING

TOTAL

31.60%

COMMITMENT TO
AID TRANSPARENCY:

3.33/10

PUBLICATION
ORGANISATION LEVEL:

9.03/25

PUBLICATION
ACTIVITY LEVEL:

19.24/65

Commitment

1. FOIA

2. Implementation Schedules

3. Accessibility

Publication Status

Source

http://www.imf.org/external/np/pp/eng/2013/051413.pdf

Comments

Publish What You Fund completed an assessment of the quality of disclosure policies based on the overarching approach taken in the Global Right to Information Rating. A new methodology has been used for evaluating disclosure policies in 2014.

Click here to view history

1. FOIA

Stage

Status

Format

Source

Comments

Researcher

http://www.imf.org/external/np/exr/facts/trans.htm

Publish What You Fund completed an assessment of the quality of disclosure policies based on the overarching approach taken in the Expand...Global Right to Information Rating.

Donor Review

http://www.imf.org/external/np/exr/facts/trans.htm

Please see the IMF's Transparency Policy at www.imf.org/external/np/exr/facts/trans.htm

PWYF Review

http://www.imf.org/external/np/exr/facts/trans.htm

Publish What You Fund completed an assessment of the quality of disclosure policies based on the overarching approach taken in the Expand...Global Right to Information Rating.

Independent Reviewer

Disagree

PWYF Final Assessment

http://www.imf.org/external/np/pp/eng/2013/051413.pdf

Publish What You Fund completed an assessment of the quality of disclosure policies based on the overarching approach taken in the Expand...Global Right to Information Rating. A new methodology has been used for evaluating disclosure policies in 2014.

Publication Status

Source

No data available.

Comments

No Common Standard or IATI implementation schedule found.

Click here to view history

2. Implementation schedules

Stage

Status

Format

Source

Comments

Researcher

No Common Standard or IATI implementation schedule found.

Donor Review

PWYF Review

Independent Reviewer

Disagree

PWYF Final Assessment

No Common Standard or IATI implementation schedule found.

Publication Status

Source

http://www.imf.org/external/np/fin/tad/query.aspx

Comments

Total points calculated by adding points received on each of the three criteria below: 1) Allows free bulk export - 33, 2) Detailed disaggregated data - 33, 3) Open licence - 0. The IMF Data Query Tool scores for detailed disaggregated data and bulk export.

Click here to view history

3. Accessibility

Stage

Status

Format

Source

Comments

Researcher

http://www.imf.org/external/np/fin/tad/query.aspx

Total points calculated by adding points received on each of the three criteria below: 1) Allows free bulk export - 33 Expand...2) Detailed disaggregated data - 33 3) Open licence - 0

Donor Review

http://www.imf.org/external/np/fin/tad/query.aspx

PWYF Review

Independent Reviewer

Disagree

PWYF Final Assessment

http://www.imf.org/external/np/fin/tad/query.aspx

Total points calculated by adding points received on each of the three criteria below: 1) Allows free bulk export - 33, Expand...2) Detailed disaggregated data - 33, 3) Open licence - 0. The IMF Data Query Tool scores for detailed disaggregated data and bulk export.

Planning

Financial

4. Organisation Strategy

5. Annual Report

6. Allocation Policy

7. Procurement Policy

8. Country Strategy

9. Total Budget

10. Disaggregated Budgets

11. Audit

Publication Status

Always

Format: Document

Source

http://www.imf.org/external/np/exr/facts/pdf/concesslending.pdf http://www.imf.org/external/np/pp/eng/2013/040313.pdf

Comments

The documents/links provided alongside contain information on the Fund’s strategy for Concessional Lending to Low-Income Countries.

Click here to view history

4. Organisation strategy

Stage

Status

Format

Source

Comments

Researcher

Always

Document

http://www.imf.org/external/np/exr/facts/pdf/concesslending.pdf http://www.imf.org/external/np/pp/eng/2013/040313.pdf

The documents/links provided alongside contain information on the Fund’s strategy for Concessional Lending to Low-Income Countries.

Donor Review

Always

Document

PWYF Review

Always

Document

Independent Reviewer

Disagree

Document

PWYF Final Assessment

Always

Document

http://www.imf.org/external/np/exr/facts/pdf/concesslending.pdf http://www.imf.org/external/np/pp/eng/2013/040313.pdf

The documents/links provided alongside contain information on the Fund’s strategy for Concessional Lending to Low-Income Countries.

Publication Status

Always

Format: Document

Source

http://www.imf.org/external/pubs/ft/ar/2013/eng/

Comments

Annual reports are published in keeping with regular cycles.

Click here to view history

5. Annual report

Stage

Status

Format

Source

Comments

Researcher

Always

Document

http://www.imf.org/external/pubs/ft/ar/2013/eng/

Annual reports are published in keeping with regular cycles.

Donor Review

Always

Document

PWYF Review

Always

Document

Independent Reviewer

Disagree

Document

PWYF Final Assessment

Always

Document

http://www.imf.org/external/pubs/ft/ar/2013/eng/

Annual reports are published in keeping with regular cycles.

Publication Status

Always

Format: Document

Source

http://www.imf.org/external/np/pp/eng/2013/031813a.pdf

Comments

The document in the link provided outlines the Eligibility to Use the Fund’s Facilities for Concessional Financing

Click here to view history

6. Allocation policy

Stage

Status

Format

Source

Comments

Researcher

Always

Document

http://www.imf.org/external/np/pp/eng/2013/031813a.pdf

The document in the link provided outlines the Eligibility to Use the Fund’s Facilities for Concessional Financing

Donor Review

Always

Document

PWYF Review

Always

Document

Independent Reviewer

Disagree

Document

PWYF Final Assessment

Always

Document

http://www.imf.org/external/np/pp/eng/2013/031813a.pdf

The document in the link provided outlines the Eligibility to Use the Fund’s Facilities for Concessional Financing

Publication Status

Always

Format: Document

Source

http://www.imf.org/external/np/procure/eng/index.htm

Comments

An IMF procurement guide for suppliers is provided.

Click here to view history

7. Procurement policy

Stage

Status

Format

Source

Comments

Researcher

Always

Document

http://www.imf.org/external/np/procure/eng/index.htm

An IMF procurement guide for suppliers is provided.

Donor Review

Always

Document

PWYF Review

Always

Document

Independent Reviewer

Disagree

Document

PWYF Final Assessment

Always

Document

http://www.imf.org/external/np/procure/eng/index.htm

An IMF procurement guide for suppliers is provided.

Publication Status

Always

Format: Document

Source

http://www.imf.org/external/np/exr/facts/prsp.htm http://www.imf.org/external/pubs/ft/scr/2012/cr12183.pdf

Comments

Poverty reduction strategy papers are published.

Click here to view history

8. Country strategy

Stage

Status

Format

Source

Comments

Researcher

Always

Document

http://www.imf.org/external/np/exr/facts/prsp.htm http://www.imf.org/external/pubs/ft/scr/2012/cr12183.pdf

Poverty reduction strategy papers are published.

Donor Review

Always

Document

PWYF Review

Always

Document

Independent Reviewer

Disagree

Document

PWYF Final Assessment

Always

Document

http://www.imf.org/external/np/exr/facts/prsp.htm http://www.imf.org/external/pubs/ft/scr/2012/cr12183.pdf

Poverty reduction strategy papers are published.

Publication Status

Source

http://www.imf.org/external/np/pp/eng/2013/032813.pdf

Comments

Budget up to 2016 available in the table on page 11.

Click here to view history

9. Total budget

Stage

Status

Format

Source

Comments

Researcher

Pdf

http://www.imf.org/external/np/pp/eng/2013/032813.pdf

Budget up to 2016 available in the table on page 11.

Donor Review

Pdf

PWYF Review

Pdf

Independent Reviewer

Disagree

PWYF Final Assessment

Pdf

http://www.imf.org/external/np/pp/eng/2013/032813.pdf

Budget up to 2016 available in the table on page 11.

Publication Status

Source

No data available.

Comments

No forward-looking budgets disaggregated by country or theme could be found for 2014, 2015 or 2016.

Click here to view history

10. Disaggregated budgets

Stage

Status

Format

Source

Comments

Researcher

No forward-looking budgets disaggregated by country or theme could be found for 2014, 2015 or 2016.

Donor Review

PWYF Review

Independent Reviewer

Disagree

PWYF Final Assessment

No forward-looking budgets disaggregated by country or theme could be found for 2014, 2015 or 2016.

Publication Status

Always

Format: Document

Source

http://www.imf.org/external/pubs/ft/ar/2013/eng/pdf/a6.pdf

Comments

Financial statements audited by an external auditor are published as part of the Annual Report.

Click here to view history

11. Audit

Stage

Status

Format

Source

Comments

Researcher

Always

Document

http://www.imf.org/external/pubs/ft/ar/2013/eng/pdf/a6.pdf

Financial statements audited by an external auditor are published as part of the Annual Report.

Donor Review

Always

Document

PWYF Review

Always

Document

Independent Reviewer

Disagree

Document

PWYF Final Assessment

Always

Document

http://www.imf.org/external/pubs/ft/ar/2013/eng/pdf/a6.pdf

Financial statements audited by an external auditor are published as part of the Annual Report.

Basic

Classifications

Financial

Performance

12. Implementer

13. Unique ID

14. Title

15. Description

16. Planned Dates

17. Actual Dates

18. Current Status

19. Contact Details

20. Collaboration Type

21. Flow Type

22. Aid Type

23. Finance Type

24. Sector

25. Sub-national Location

26. Tied Aid Status

33. Budget

34. Commitments

35. Disbursements And Expenditure

36. Budget Identifier

37. Results

38. Impact Appraisals

39. Conditions

Publication Status

Always

Format: Machine-readable

Source

http://www.imf.org/external/np/fin/tad/query.aspx

Comments

Published as 'member' in the Financial Query Tool.

Click here to view history

12. Implementer

Stage

Status

Format

Source

Comments

Researcher

Always

Machine readable

http://www.imf.org/external/np/fin/tad/query.aspx

Published as 'member' in the Financial Query Tool.

Donor Review

Always

Machine readable

PWYF Review

Always

Machine readable

Independent Reviewer

Disagree

PWYF Final Assessment

Always

Machine readable

http://www.imf.org/external/np/fin/tad/query.aspx

Published as 'member' in the Financial Query Tool.

Publication Status

Not Published

Source

No data available.

Comments

This information is not explicitly stated on the website. The activity identifier is a unique reference ID for the activity, e.g. a project number. It allows an activity to be referred to and searched for by a code, which can be used to retrieve the project from a database or filing system. This is different to the Budget ID indicator which ties donor funding to recipient budgets.

Click here to view history

13. Unique ID

Stage

Status

Format

Source

Comments

Researcher

Not published

This information is not explicitly stated on the website. Unique identifiers need to be available for external users of IMF loan Expand...data.

Donor Review

Not published

This indicator ties donor funding to recipient country budgets. For the IMF, this does not apply. IMF loans are balance of Expand...payments support. This means that IMF money generally goes to central banks of countries in question as official reserves. As such, mapping IMF loans in recipient countries is through a country’s central bank’s balance sheet, not through its central/general government budget. In summary, this indicator cannot apply to the IMF.

PWYF Review

Not published

The activity identifier is a unique reference ID for the activity, e.g. a project number. It allows an activity to be Expand...referred to and searched for by a code, which can be used to retrieve the project from a database or filing system. This is different to the Budget ID indicator which ties donor funding to recipient budgets.

Independent Reviewer

Disagree

PWYF Final Assessment

Not published

This information is not explicitly stated on the website. The activity identifier is a unique reference ID for the activity, e.g. Expand...a project number. It allows an activity to be referred to and searched for by a code, which can be used to retrieve the project from a database or filing system. This is different to the Budget ID indicator which ties donor funding to recipient budgets.

Publication Status

Always

Format: Pdf

Source

http://www.imf.org/external/pubs/ft/scr/2011/cr11328.pdf

Comments

The title is not published through the Financial Data Query Tool. However all project review documents carry in the title, the reference to the 'Three-Year Program of the Extended Credit Facility Arrangement' which is understood to be the program title.

Click here to view history

14. Title

Stage

Status

Format

Source

Comments

Researcher

Always

Pdf

http://www.imf.org/external/pubs/ft/scr/2011/cr11328.pdf

The title is not published through the Financial Data Query Tool. However all project review documents carry in the title, the Expand...reference to the 'Three-Year Program of the Extended Credit Facility Arrangement' which is understood to be the program title.

Donor Review

Always

Pdf

PWYF Review

Always

Pdf

Independent Reviewer

Disagree

PWYF Final Assessment

Always

Pdf

http://www.imf.org/external/pubs/ft/scr/2011/cr11328.pdf

Publication Status

Always

Format: Machine-readable

Source

http://www.imf.org/external/np/fin/tad/query.aspx

Comments

Available through the financial data query tool.

Click here to view history

15. Description

Stage

Status

Format

Source

Comments

Researcher

Always

Machine readable

http://www.imf.org/external/np/fin/tad/query.aspx

Available through the financial data query tool.

Donor Review

Always

Machine readable

PWYF Review

Always

Machine readable

Independent Reviewer

Disagree

PWYF Final Assessment

Always

Machine readable

http://www.imf.org/external/np/fin/tad/query.aspx

Available through the financial data query tool.

Publication Status

Always

Format: Pdf

Source

http://www.imf.org/external/pubs/ft/scr/2013/cr13171.pdf

Comments

See table 8 on page 27. Proposed Timing of Disbursements and Reviews.

Click here to view history

16. Planned dates

Stage

Status

Format

Source

Comments

Researcher

Always

Pdf

http://www.imf.org/external/pubs/ft/scr/2013/cr13171.pdf

See table 8 on page 27. Proposed Timing of Disbursements and Reviews.

Donor Review

Always

Pdf

PWYF Review

Always

Pdf

Independent Reviewer

Disagree

PWYF Final Assessment

Always

Pdf

http://www.imf.org/external/pubs/ft/scr/2013/cr13171.pdf

See table 8 on page 27. Proposed Timing of Disbursements and Reviews.

Publication Status

Always

Format: Machine-readable

Source

http://www.imf.org/external/np/fin/tad/query.aspx

Comments

Available through the financial data query tool.

Click here to view history

17. Actual dates

Stage

Status

Format

Source

Comments

Researcher

Always

Machine readable

http://www.imf.org/external/np/fin/tad/query.aspx

Available through the financial data query tool.

Donor Review

Always

Machine readable

PWYF Review

Always

Machine readable

Independent Reviewer

Disagree

PWYF Final Assessment

Always

Machine readable

http://www.imf.org/external/np/fin/tad/query.aspx

Available through the financial data query tool.

Publication Status

Always

Format: Machine-readable

Source

http://www.imf.org/external/pubs/ft/scr/2013/cr13171.pdf http://www.imf.org/external/np/fin/tad/query.aspx

Comments

Format corrected to machine-readable upon review of the evidence. Loan disbursement and repayment recorded in detail on the financial data query tool. Further the review reports contain information on planned disbursements throughout the duration of the loans. Together, these documents explain the current status of the project.

Click here to view history

18. Current Status

Stage

Status

Format

Source

Comments

Researcher

Always

Pdf

http://www.imf.org/external/pubs/ft/scr/2013/cr13171.pdf

Loan disbursement and repayment recorded in detail on the financial data query tool. Further the review reports contain information on planned Expand...disbursements throughout the duration of the loans. Together, these documents explain the current status of the project.

Donor Review

Always

Pdf

PWYF Review

Always

Pdf

Independent Reviewer

Disagree

PWYF Final Assessment

Always

Machine readable

http://www.imf.org/external/pubs/ft/scr/2013/cr13171.pdf http://www.imf.org/external/np/fin/tad/query.aspx

Format corrected to machine-readable upon review of the evidence. Loan disbursement and repayment recorded in detail on the financial data query Expand...tool. Further the review reports contain information on planned disbursements throughout the duration of the loans. Together, these documents explain the current status of the project.

Publication Status

Always

Format: Website

Source

http://www.imf.org/external/np/fin/tad/query.aspx

Comments

Contact details can be found on the bottom of the financial query tool database.

Click here to view history

19. Contact details

Stage

Status

Format

Source

Comments

Researcher

Always

Website

http://www.imf.org/external/np/fin/tad/query.aspx

Contact details can be found on the bottom of the financial query tool database.

Donor Review

Always

Website

PWYF Review

Always

Website

Independent Reviewer

Disagree

PWYF Final Assessment

Always

Website

http://www.imf.org/external/np/fin/tad/query.aspx

Contact details can be found on the bottom of the financial query tool database.

Publication Status

Always

Format: Pdf

Source

http://www.imf.org/external/np/pp/eng/2012/043012.pdf

Comments

See page 13 in the document provided alongside. Concessional financing is stated to be a multilateral effort.

Click here to view history

20. Collaboration Type

Stage

Status

Format

Source

Comments

Researcher

Always

Pdf

http://www.imf.org/external/np/pp/eng/2012/043012.pdf

See page 13 in the document provided alongside. Concessional financing is stated to be a multilateral effort.

Donor Review

Always

Pdf

PWYF Review

Always

Pdf

Independent Reviewer

Disagree

PWYF Final Assessment

Always

Pdf

http://www.imf.org/external/np/pp/eng/2012/043012.pdf

See page 13 in the document provided alongside. Concessional financing is stated to be a multilateral effort.

Publication Status

Not Published

Source

No data available.

Comments

The flow type shows whether the organisation states this activity counts as ODA, OOF, climate finance or any other type of flow. While the nature of IMF lending is clear, how it relates to official flows (ODA, OOF etc) is not explicitly specified. The flow type needs to be explicitly mentioned, if a single type of flow applies to all IMF activities including BPO support and technical assistance.

Click here to view history

21. Flow Type

Stage

Status

Format

Source

Comments

Researcher

Not published

This information could not be found. If a single flow type applies to all activities, this must be clearly stated on Expand...the website.

Donor Review

Always

Website

https://www.imf.org/external/np/exr/facts/howlend.htm

For the IMF, this does not apply. IMF loans are balance of payments support. see https://www.imf.org/external/np/exr/facts/howlend.htm Expand...

PWYF Review

Not published

While the nature of IMF lending is clear, how it relates to official flows (ODA, OOF etc) is not explicitly specified. Expand...The flow type needs to be explicitly mentioned, if a single type of flow applies to all IMF activities including BPO support and technical assistance.

Independent Reviewer

Disagree

I am not clear what a ""flow type"" is. Payments can be made in any of the hard currencies; the Expand...amounts are calculated in the IMF's accounting mode, i.e., SDRs, and are paid in tranches to the Central Bank

PWYF Final Assessment

Not published

The flow type shows whether the organisation states this activity counts as ODA, OOF, climate finance or any other type of Expand...flow. While the nature of IMF lending is clear, how it relates to official flows (ODA, OOF etc) is not explicitly specified. The flow type needs to be explicitly mentioned, if a single type of flow applies to all IMF activities including BPO support and technical assistance.

Publication Status

Always

Format: Machine-readable

Source

http://www.imf.org/external/np/fin/tad/query.aspx

Comments

All activities fall under PRGT concessional financing. A list of PRGT eligible countries is published.

Click here to view history

22. Aid Type

Stage

Status

Format

Source

Comments

Researcher

Always

Machine readable

http://www.imf.org/external/np/fin/tad/query.aspx

All activities fall under PRGT concessional financing. A list of PRGT eligible countries is published.

Donor Review

Always

Machine readable

PWYF Review

Always

Machine readable

Independent Reviewer

Disagree

PRGT funds come from donors or from sale of IMF gold with a portion of the profit may be designated for Expand...PRGT or other funding for PRGT eligible countries. all are loans; sometime 0% interest is available for poorest or most indebted countries or for limited periods, if funds are available for this purpose from donors or gold profits (with Board approval)--decisions are public

PWYF Final Assessment

Always

Machine readable

http://www.imf.org/external/np/fin/tad/query.aspx

All activities fall under PRGT concessional financing. A list of PRGT eligible countries is published.

Publication Status

Always

Format: Machine-readable

Source

http://www.imf.org/external/np/exr/facts/concesslending.htm http://www.imf.org/external/np/fin/tad/query.aspx

Comments

It appears that all PRGT facilities i.e. ECF, SCF and RCF are extended as loans. The financial data query tool also lists by transaction whether it is ECF, SCF or RCF (search by kenya and select PRGT loans, repayments and interest).

Click here to view history

23. Finance Type

Stage

Status

Format

Source

Comments

Researcher

Always

Machine readable

http://www.imf.org/external/np/exr/facts/concesslending.htm http://www.imf.org/external/np/fin/tad/query.aspx

It appears that all PRGT facilities i.e. ECF, SCF and RCF are extended as loans. The financial data query tool also Expand...lists by transaction whether it is ECF, SCF or RCF (search by kenya and select PRGT loans, repayments and interest).

Donor Review

Always

Machine readable

PWYF Review

Always

Machine readable

Independent Reviewer

Disagree

PWYF Final Assessment

Always

Machine readable

http://www.imf.org/external/np/exr/facts/concesslending.htm http://www.imf.org/external/np/fin/tad/query.aspx

Publication Status

Always

Format: Website

Source

http://www.imf.org/external/np/loi/2013/civ/112013.pdf http://www.imf.org/external/pubs/ft/aa/index.htm

Comments

Format changed to website upon review of the evidence. The Articles of Agreement state (Article V) that ""each member shall deal with the Fund only through its Treasury, central bank, stabilization fund, or other similar fiscal agency, and the Fund shall deal only with or through the same agencies"". Also available in the loan documents.

Click here to view history

24. Sector

Stage

Status

Format

Source

Comments

Researcher

Always

Pdf

http://www.imf.org/external/np/loi/2013/civ/112013.pdf

Available in the loan documents.

Donor Review

Always

Pdf

PWYF Review

Always

Pdf

Independent Reviewer

Disagree

PWYF Final Assessment

Always

Website

http://www.imf.org/external/np/loi/2013/civ/112013.pdf http://www.imf.org/external/pubs/ft/aa/index.htm

Format changed to website upon review of the evidence. The Articles of Agreement state (Article V) that ""each member shall deal Expand...with the Fund only through its Treasury, central bank, stabilization fund, or other similar fiscal agency, and the Fund shall deal only with or through the same agencies"". Also available in the loan documents.

Publication Status

Not Published

Source

No data available.

Comments

While the reviewer raises an important point about IMF lending being national in scope, the location of the relevant bank or recipient organisation would have been accepted for this indicator. The Central Bank is in several instances not in the capital city. Location information needs to be explicitly stated in order to score.

Click here to view history

25. Sub-national location

Stage

Status

Format

Source

Comments

Researcher

Not published

This information could not be found. For activities that are relevant at a country or regional level, information on the location Expand...where the funds are sent to or where the recipient is located will be accepted for this indicator. For example, capital city for a country, or location information of the implementing organisation. This includes private sector investment, loans or debt relief payments, where the location of the relevant bank or organisation is accepted.

Donor Review

Always

Pdf

http://www.imf.org/external/pubs/ft/scr/2014/cr14106.pdf see page 2.

This cannot apply to the IMF. As explained above, IMF loans are for balance of payments support. They are not projects Expand...in various cities or municipalities in a country. The loan is signed by the IMF and the government of member countries. This takes place in the capital city, but that does not mean that the loan went to the capital city, so to speak. Information about where the IMF met with the country authorities is available in every program document. see for example; page 2 in: http://www.imf.org/external/pubs/ft/scr/2014/cr14106.pdf

PWYF Review

Not published

For activities that are relevant at a country or regional level, information on the location where the funds are sent Expand...to or where the recipient is located will be accepted for this indicator. Publishing meeting locations does not satisfy the requirements of this indicator.

Independent Reviewer

Disagree

All IMF funds go only to a central bank of a member government. no options exist for providing funds regionally Expand...or to sub-national governments. It is presumed the Central Bank will be in the capitol city.

PWYF Final Assessment

Not published

While the reviewer raises an important point about IMF lending being national in scope, the location of the relevant bank or Expand...recipient organisation would have been accepted for this indicator. The Central Bank is in several instances not in the capital city. Location information needs to be explicitly stated in order to score.

Publication Status

Not Published

Source

No data available.

Comments

We recognise that not all the indicators used in the Index are a direct fit with an organisation’s particular modus operandi. An explicit statement on whether BOP support is limited to the donor country or to a group of countries which does not include substantially all developing countries (as per the DAC definition of tied aid) would be accepted for the IMF.

Click here to view history

26. Tied Aid Status

Stage

Status

Format

Source

Comments

Researcher

Not published

This information could not be found. Definition: Tied aid credits are official or officially supported Loans, credits or Associated Financing packages where Expand...procurement of the goods or services involved is limited to the donor country or to a group of countries which does not include substantially all developing countries (or Central and Eastern European Countries (CEECs)/New Independent States (NIS) in transition). If BOP support is untied, a statement clarifying this is required to score on this indicator.

Donor Review

Always

Website

https://www.imf.org/external/about/whatwedo.htm and https://www.imf.org/external/np/exr/facts/howlend.htm

As explained above, the IMF does not provide tied aid. All IMF loans are credit to the central bank for balance Expand...of payments support. See website for explanation of what the IMF does. https://www.imf.org/external/about/whatwedo.htm and https://www.imf.org/external/np/exr/facts/howlend.htm

PWYF Review

Not published

If BOP support is untied, a statement clarifying this is required to score on this indicator.

Independent Reviewer

Disagree

IMF lending is not ""aid"" but a ""right of membership provided the need conforms to the Articles and the legitimate government Expand...agrees to the terms of policy reforms and the repayment schedule. The IMF does not prove ""aid"". The institution provides a totally different kind of financial support. The closest thing to an ""aid"" arrangement would be donor funded Technical Assistance Centers where training takes place.

PWYF Final Assessment

Not published

We recognise that not all the indicators used in the Index are a direct fit with an organisation’s particular modus operandi. Expand...An explicit statement on whether BOP support is limited to the donor country or to a group of countries which does not include substantially all developing countries (as per the DAC definition of tied aid) would be accepted for the IMF.

Publication Status

Always

Format: Document

Source

http://www.imf.org/external/np/loi/2013/civ/112013.pdf

Comments

The 'Letter of Intent and Technical Memorandum of Understanding' describes the policies that Cote d'Ivoire intends to implement in the context of its request for financial support from the IMF.

Click here to view history

27. MoU

Stage

Status

Format

Source

Comments

Researcher

Always

Document

http://www.imf.org/external/np/loi/2013/civ/112013.pdf

The 'Letter of Intent and Technical Memorandum of Understanding' describes the policies that Cote d'Ivoire intends to implement in the context Expand...of its request for financial support from the IMF.

Donor Review

Always

Document

PWYF Review

Always

Document

Independent Reviewer

Disagree

Document

PWYF Final Assessment

Always

Document

http://www.imf.org/external/np/loi/2013/civ/112013.pdf

Publication Status

Always

Format: Document

Source

http://www.imf.org/external/country/CIV/index.htm

Comments

It appears that the IMF conducts several reviews over the life of a PRGT loan arrangement with a LIC. These reviews appear to contain the required evaluative information.

Click here to view history

28. Evaluations

Stage

Status

Format

Source

Comments

Researcher

Always

Document

http://www.imf.org/external/country/CIV/index.htm

It appears that the IMF conducts several reviews over the life of a PRGT loan arrangement with a LIC. These reviews Expand...appear to contain the required evaluative information.

Donor Review

Always

Document

PWYF Review

Always

Document

Independent Reviewer

Disagree

Document

There are also internal evaluations, plus independent evaluations by the Independent Evaluation Office which sets its own agenda, and reports only Expand...and directly to Executive Board.

PWYF Final Assessment

Always

Document

http://www.imf.org/external/country/CIV/index.htm

It appears that the IMF conducts several reviews over the life of a PRGT loan arrangement with a LIC. These reviews Expand...appear to contain the required evaluative information.

Publication Status

Always

Format: Document

Source

http://www.imf.org/external/np/loi/2013/civ/112013.pdf

Comments

The 'Letter of Intent and Technical Memorandum of Understanding' describes the policies that Cote d'Ivoire intends to implement in the context of its request for financial support from the IMF.

Click here to view history

29. Objectives

Stage

Status

Format

Source

Comments

Researcher

Always

Document

http://www.imf.org/external/np/loi/2013/civ/112013.pdf

Donor Review

Always

Document

PWYF Review

Always

Document

Independent Reviewer

Disagree

Document

Formally, the country is retrieving its own resources which the IMF holds but does not own; the money from PRGT and Expand...other facilities are provided initially be donors and/or from profits from gold sales which must be repaid as described.

PWYF Final Assessment

Always

Document

http://www.imf.org/external/np/loi/2013/civ/112013.pdf

Publication Status

Always

Format: Document

Source

http://www.imf.org/external/np/loi/2013/civ/112013.pdf http://www.imf.org/external/pubs/ft/scr/2013/cr13171.pdf

Comments

The LOI and review documents outline the spending areas by the recipient government.

Click here to view history

30. Budget Docs

Stage

Status

Format

Source

Comments

Researcher

Always

Document

http://www.imf.org/external/np/loi/2013/civ/112013.pdf http://www.imf.org/external/pubs/ft/scr/2013/cr13171.pdf

The LOI and review documents outline the spending areas by the recipient government.

Donor Review

Always

Document

PWYF Review

Always

Document

Independent Reviewer

Disagree

Document

PWYF Final Assessment

Always

Document

http://www.imf.org/external/np/loi/2013/civ/112013.pdf http://www.imf.org/external/pubs/ft/scr/2013/cr13171.pdf

The LOI and review documents outline the spending areas by the recipient government.

Publication Status

Not Published

Source

No data available.

Comments

The IMF agreement documents if published would be accepted as equivalent. This information does not appear to be published, although summary documents of the decisions are available.

Click here to view history

31. Contracts

Stage

Status

Format

Source

Comments

Researcher

Not published

Document

Contracts do not appear to be published.

Donor Review

Not published

Document

PWYF Review

Not published

Document

Independent Reviewer

Disagree

Document

Legally, there is No Contract. Formally, the country proposes and the IMF agrees--they are parallel documents, NOT contracts.

PWYF Final Assessment

Not published

Document

The IMF agreement documents if published would be accepted as equivalent. This information does not appear to be published, although summary Expand...documents of the decisions are available.

Publication Status

Sometimes

Format: Document

Source

http://www.imf.org/external/np/procure/eng/rfp.aspx

Comments

There's a webpage for open tenders, but none could be found at the time of data collection.

Click here to view history

32. Tenders

Stage

Status

Format

Source

Comments

Researcher

Sometimes

Document

http://www.imf.org/external/np/procure/eng/rfp.aspx

There's a webpage for open tenders, but none could be found at the time of data collection.

Donor Review

Sometimes

Document

PWYF Review

Sometimes

Document

Independent Reviewer

Disagree

Document

PWYF Final Assessment

Sometimes

Document

http://www.imf.org/external/np/procure/eng/rfp.aspx

There's a webpage for open tenders, but none could be found at the time of data collection.

Publication Status

Always

Format: Pdf

Source

http://www.imf.org/external/pubs/ft/scr/2013/cr13171.pdf

Comments

The budget of the activity is the breakdown of the total financial commitment to the activity into annual or quarterly chunks. The information is contained in the loan review documents.

Click here to view history

33. Budget

Stage

Status

Format

Source

Comments

Researcher

Always

Pdf

http://www.imf.org/external/pubs/ft/scr/2013/cr13171.pdf

The information is contained in the loan review documents.

Donor Review

Always

Pdf

PWYF Review

Always

Pdf

Independent Reviewer

Disagree

are you referring to the budget of the ""borrower""? Actaully, the buget to track how IMF money is used is Expand...to track the actions of the Central Bank. For activities committed to in the LOI--these will show up in the National Budget, the reports of the Central Bank and various national legislative activities. Non of which is an IMF document

PWYF Final Assessment

Always

Pdf

http://www.imf.org/external/pubs/ft/scr/2013/cr13171.pdf

The budget of the activity is the breakdown of the total financial commitment to the activity into annual or quarterly chunks. Expand...The information is contained in the loan review documents.

Publication Status

Always

Format: Pdf

Source

http://www.imf.org/external/pubs/ft/scr/2013/cr13367.pdf

Comments

Available in the review documents.

Click here to view history

34. Commitments

Stage

Status

Format

Source

Comments

Researcher

Always

Pdf

http://www.imf.org/external/pubs/ft/scr/2013/cr13367.pdf

Available in the review documents.

Donor Review

Always

Pdf

PWYF Review

Always

Pdf

Independent Reviewer

Disagree

PWYF Final Assessment

Always

Pdf

http://www.imf.org/external/pubs/ft/scr/2013/cr13367.pdf

Available in the review documents.

Publication Status

Always

Format: Machine-readable

Source

http://www.imf.org/external/np/fin/tad/query.aspx

Comments

Available through the Financial Query Tool.

Click here to view history

35. Disbursements and expenditure

Stage

Status

Format

Source

Comments

Researcher

Always

Machine readable

http://www.imf.org/external/np/fin/tad/query.aspx

Available through the Financial Query Tool.

Donor Review

Always

Machine readable

PWYF Review

Always

Machine readable

Independent Reviewer

Disagree

PWYF Final Assessment

Always

Machine readable

http://www.imf.org/external/np/fin/tad/query.aspx

Available through the Financial Query Tool.

Publication Status

Not Published

Source

No data available.

Comments

No organisation is exempt from any of the indicators. It would be advantageous for the IMF to engage with the Budget ID pilots on how flows from the IMF to the central banks can be accurately reflected in the budget ID codes.

Click here to view history

36. Budget Identifier

Stage

Status

Format

Source

Comments

Researcher

Not published

This information could not be found. The budget identifier helps to explain aid flows in the context of the recipient government's Expand...own budget. It does not relate only to those flows that are direct to the government (""on budget""), but also to other flows which may relate to the government's own budget. The budget identifier is still under development, and although there are several existing codes that balance of payments support could fall under, it may be advantageous for the IMF to be involved in these discussions to ensure that IMF flows can be accurately represented.

Donor Review

Not published

As expalined above, this indicator ties donor funding to recipient country budgets. For the IMF, this does not apply. IMF loans Expand...are balance of payments support. This means that IMF money generally goes to central banks of countries in question as official reserves. As such, mapping IMF loans in recipient countries is through a country’s central bank’s balance sheet, not through its central/general government budget. In summary, this indicator cannot apply to the IMF.

PWYF Review

Not published

The budget identifier helps to explain aid flows in the context of the recipient government's own budget. It does not relate Expand...only to those flows that are direct to the government (""on budget""), but also to other flows which may relate to the government's own budget. The budget identifier is being piloted the a working group within the International Aid Transparency Initiative, and although there are several existing codes that balance of payments support could fall under, it may be advantageous for the IMF to be involved in these discussions to ensure that IMF flows can be accurately represented.

Independent Reviewer

Disagree

I have to agree with the Fund here.

PWYF Final Assessment

Not published

No organisation is exempt from any of the indicators. It would be advantageous for the IMF to engage with the Budget Expand...ID pilots on how flows from the IMF to the central banks can be accurately reflected in the budget ID codes.

Publication Status

Always

Format: Pdf

Source

http://www.imf.org/external/pubs/ft/scr/2013/cr13171.pdf

Comments

Results information contained in regular review reports.

Click here to view history

37. Results

Stage

Status

Format

Source

Comments

Researcher

Always

Pdf

http://www.imf.org/external/pubs/ft/scr/2013/cr13171.pdf

Results information contained in regular review reports.

Donor Review

Always

Pdf

PWYF Review

Always

Pdf

Independent Reviewer

Disagree

PWYF Final Assessment

Always

Pdf

http://www.imf.org/external/pubs/ft/scr/2013/cr13171.pdf

Results information contained in regular review reports.

Publication Status

Always

Format: Document

Source

http://www.imf.org/external/np/loi/2013/civ/112013.pdf http://www.imf.org/external/pubs/ft/scr/2013/cr13171.pdf

Comments

Risk outlooks are mentioned in the LOI and review documents.

Click here to view history

38. Impact Appraisals

Stage

Status

Format

Source

Comments

Researcher

Always

Document

http://www.imf.org/external/np/loi/2013/civ/112013.pdf http://www.imf.org/external/pubs/ft/scr/2013/cr13171.pdf

Risk outlooks are mentioned in the LOI and review documents.

Donor Review

Always

Document

PWYF Review

Always

Document

Independent Reviewer

Disagree

Document

PWYF Final Assessment

Always

Document

http://www.imf.org/external/np/loi/2013/civ/112013.pdf http://www.imf.org/external/pubs/ft/scr/2013/cr13171.pdf

Risk outlooks are mentioned in the LOI and review documents.

Publication Status

Always

Format: Document

Source

http://www.imf.org/external/pubs/ft/scr/2013/cr13171.pdf

Comments

Performance criteria and benchmarks are published in the review documents.

Click here to view history

39. Conditions

Stage

Status

Format

Source

Comments

Researcher

Always

Document

http://www.imf.org/external/pubs/ft/scr/2013/cr13171.pdf

Performance criteria and benchmarks are published in the review documents.

Donor Review

Always

Document

PWYF Review

Always

Document

Independent Reviewer

Disagree

Document

PWYF Final Assessment

Always

Document

http://www.imf.org/external/pubs/ft/scr/2013/cr13171.pdf

Performance criteria and benchmarks are published in the review documents.

1. Quality of FOI Legislation

The definition used in the Global RTI Rating is that it has to be a law in the strict sense, it must include the right of access to information, this right has to be enforceable and there must be complaint, court and high court appeal possibilities. Decrees are included if they meet the same standards. In addition, the FOIA must be in use for at least the executive part of the government; therefore, FOIAs which are only adopted, approved or still in draft form are not counted.

For multilateral donors, international finance institutions (IFIs) and private foundations, a disclosure or transparency policy is accepted as equivalent to a FOIA. Publish What You Fund completes an assessment of the quality of these disclosure policies based on the overarching approach taken in the Global RTI Rating.

The score for this indicator is graduated using a three-point scale.

Weighting

3.33%

2. Implementation Schedules

The Busan Partnership agreement required schedules for implementing the common standard to be published by December 2012. Publish What You Fund conducted an assessment of the schedules completed by development providers and submitted to the OECD common standard implementation website. Schedules are scored on the level of ambition shown by organisations in implementing the IATI component of the common standard. The complete assessment can be found on Publish What You Fund’s Aid Transparency Tracker website.

IATI implementation schedules are also accepted.

The score for this indicator is graduated based on the total points received out of 100 in Publish What You Fund’s analysis of Busan common standard/IATI implementation schedules.

Weighting

3.33%

3. Accessibility

The overall accessibility of aid information through the organisations’ portals, project databases or searchable data sources. These are scored using three criteria: 1) the portal allows free, bulk export of data; 2) it contains detailed disaggregated data; 3) the data is published under an open licence.

Data sources are the organisations’ own aid portals, publicly accessible databases or websites – accessed in that order. The portal or database must include information on current activities for the countries or sectors the organisation is working in rather than just one individual country/sector or a selected group. It should contain information on at least five of the activity-level indicators, at least one of which should cover financial information.

The same data source is used for all three checks. For example, if the aid portal does not state that the data is published under an open licence, this is not checked elsewhere on the organisation’s project database or website. If the organisation’s website is the data source then it cannot score on the “free bulk export” criterion.

If a portal allows bulk export through its API but not through its web-user interface, this is accepted as allowing free, bulk export of data.

The score for this indicator is graduated using a three-point scale as per the criteria define above. Each criterion carries 33.33% of the total possible score on this indicator.

Weighting

3.33%

4. Strategy

An overarching strategy document explains the general approach and policies of the organisation towards international development. This should be forward looking.

For organisations whose primary mandate is not development, documents clarifying their overarching development strategy are accepted. This information needs to be forward looking.

The score for this indicator is graduated based on accessibility.

Weighting

2.5%

5. Annual Report

Annual reports outline basic (normally aggregate) information about how aid was spent in the previous year, broken down by sector and/or country. This should be backward looking.

Annual reports which are up to date within their regular cycle, i.e. the organisation publishes an annual report a year behind, the most recent document within this time frame are accepted.

To score for this indicator, the annual report needs to include details of where the organisation is spending its resources and the information needs to be forward-looking, i.e. cover current activity period.

The score for this indicator is graduated based on accessibility.

Weighting

2.5%

6. Allocation Policy

Aid allocation policies are the detailed policy documents by which the organisation chooses where to spend its resources, i.e. on which countries or themes rather than others. Relatively general documents or web pages outlining which countries, themes and institutions the agency will fund are accepted, as long as this is forward looking and not wholly retrospective.

For organisations such as IFIs and private foundations which do not have an “aid allocation” policy, equivalent documents are accepted; for example, “investment strategy/policy” or “grant-making policy”.

The score for this indicator is graduated based on accessibility.

Weighting

2.5%

7. Procurement Policy

An organisation’s procurement procedures explain the process used to tender and contract (invite bids for) goods and services. This must fully explain the criteria on which decisions are made, and could be in a single procurement policy document or attached to each tender.

For IFIs which are often demand-driven, this is understood as their investment policy. For private foundations, this is their grant making policy.

For organisations that do not undertake procurement related to aid projects (e.g. if procurement is undertaken by grantees or other implementing agencies), a statement explicitly clarifying this is required, as well as the overall policy for procuring goods and services at the headquarter level.

The score for this indicator is graduated based on accessibility.

Weighting

2.5%

8. Strategy (Country)

A country strategy paper sets out the organisation’s planned approach and activities in the recipient country. For it to be accepted it needs to be a detailed document, rather than just a paragraph on the organisation’s website.

For organisations such as IFIs, philanthropic organisations and vertical funds which may not have country-level strategies, mid-level documents between organisation and activity-level are accepted, e.g. thematic or sectoral level documents.

If the organisation follows the strategy of a parent or related organisation, a statement clarifying this is needed on the website along with a link to the relevant strategy document. Similarly, if the organisation supports a country-led or developed strategy, this must be explicitly stated on the website and the link to the relevant strategy document needs to be provided.

The score for this indicator is graduated based on accessibility.

Weighting

2.5%

9. Total Organisation Budget

The total organisation budget is the total amount that the organisation will be allocated by the government or its funders per year for the next three years. This is money going to the organisation and can be indicative. Each year ahead is worth one third of the total possible score for this indicator. Aggregate budgets of between 2–3 years are scored the same as 1 year forward budgets.

IFIs and DFIs do not have budgets allocated to them as traditional aid agencies do. In many cases, total budgets are established annually, once total financial figures of all investments are taken into account. However, they do have projected total spend figures that they sometimes publish. If published, these projected figures are accepted for this indicator.

Similarly, for private foundations and humanitarian agencies, indicative figures of available funds are accepted.

The score for this indicator is graduated based on format and number of years for which data is provided.

Weighting

4.17%

10. Disaggregated Budget

The organisation’s annual forward planning budget for assistance is the disaggregated budget that the organisation or agency will spend on different countries, programmes and institutions per year, for at least the next three years. The figure could be indicative.

Scores are awarded on the basis of the number of years (up to three years) for which organisations are publishing budget information. Each year ahead is worth 33.33 points out of a total possible score of 100. Aggregate budgets of between 2–3 years are scored the same as 1 year forward budgets.

Both country budgets and thematic budgets are accepted for organisations that prioritise their work by countries. Projected figures disaggregated along thematic and sectoral priorities, at a near similar level of detail to total organisation budgets are accepted. IFIs and DFIs sometimes publish “road maps” which contain this information.

The start and end date for forward budgets are calculated based on organisations’ fiscal years for information collected via the survey. Budgets need to run up to a minimum of December 2016 to score for ‘three years forward’. Organisations at the end of their fixed budget cycles and therefore without a published budget for the next three years do not receive points for this indicator.

Forward Spending Survey data reported to the OECD DAC is taken into account only if it is available for the specific organisation under assessment.

The score for this indicator is graduated based on format and number of years for which data is provided.

Weighting

4.17%

11. Audit

The organisation’s annual audit of its activities is an official inspection of the accounts and activities of this organisation, typically by an independent body.

Audits up to date with regular audit cycles are accepted, i.e. if the organisation publishes biennial audits, the most recent document within this time frame is accepted.

A formally approved audit of annual accounts is required to score on this indicator. Audits conducted by official government agencies such as State Audit Offices or Controller General Reports are accepted for this indicator.

The score for this indicator is graduated based on accessibility.

Weighting

4.17%

12. Implementer

The implementer of the activity is the organisation which is principally responsible for delivering this activity.

This information may not be available in all cases due to “legitimate exclusions”. For example, humanitarian agencies may not be able to reveal who the implementing agencies are due to security reasons. Such exclusions are accepted but need to be explicitly stated (in order to distinguish these from cases of simple omission).

The score for this indicator is graduated based on format.

Weighting

1.63%

13. Unique ID

The activity identifier is a unique reference ID for the activity, e.g. a project number. It allows an activity to be referred to and searched for by a code, which can be used to retrieve the project from a database or filing system.

The project ID must be stated clearly on the page. It is not sufficient if it is only stated in the URL. It must be numeric or alpha-numeric.

The score for this indicator is graduated based on format.

Weighting

1.63%

14. Title

The title of the activity is the name of the activity. This is preferably the formal name of the activity, but does not have to be. The title needs to be complete with any abbreviations or acronyms explained.

The score for this indicator is graduated based on format.

Weighting

1.63%

15. Description

The description of the activity is a descriptive text, longer than the title, explaining what the activity is. Sometimes it is just a short sentence but could also be more detailed. Either is accepted.

The description of the activity needs to contain a minimum of 10 words in order to be considered a description rather than just a title.

The score for this indicator is graduated based on format.

Weighting

1.63%

16. Planned Dates

The planned dates are the dates that the activity is scheduled to start and end on. If there are one set of dates but they are not explicitly planned or actual dates, given that these are for activities which are current (i.e. being implemented at the time of data collection) it is assumed that they are planned dates.

Both month and year are required to score on this indicator in recognition of recipient countries needing to be able to map activities to their own financial year rather than the calendar year.

If the activity has started or has finished, the original planned start and end dates must be retained in addition to the actual dates in order to score on this indicator.

The score for this indicator is graduated based on format.

Weighting

1.63%

17. Actual Dates

These are the dates that the activity actually started (and ended on, if the activity has finished). If there is only one set of dates but they are not explicitly stated as planned or actual dates, then it is assumed they are planned dates. Actual dates are accepted where specific events occurred, e.g. the date the project/programme agreement is signed, a board presentation or an appraisal date.

Both month and year are required to score on this indicator in recognition of recipient countries needing to be able to map activities to their own financial year rather than the calendar year.

The score for this indicator is graduated based on format.

Weighting

1.63%

18. Current Status

This shows whether the activity is currently under design, being implemented, has finished or has been cancelled.

The score for this indicator is graduated based on format.

Weighting

1.63%

19. Contact Details

This shows who can be contacted in relation to this activity. This does not have to be the contact information for an individual or project manager and could refer to a central contact or information desk. Contacts for either the funding organisation or the implementing organisation were accepted.

This has to be stated alongside the activity or on an obvious “contact us” link alongside the activity.

The score for this indicator is graduated based on format.

Weighting

1.63%

20. Collaboration Type

The collaboration type shows how the activity is funded – whether directly from one government to another (bilaterally), through institutions such as the World Bank or UN (multilaterally), or otherwise. This needs to be explicitly stated.

To be accepted, responses need to be stated per activity, or once in a country strategy paper or a clear place on the website, if there is only one collaboration type for the whole organisation, e.g. “all aid is funded bilaterally” or “we work exclusively with the private sector/non profits” or “all our activities are funded through pooled funds”.

The score for this indicator is graduated based on format.

Weighting

1.86%

21. Flow Type

The flow type shows whether the organisation states this activity counts as ODA, OOF, climate finance or any other type of flow. This has to be explicitly stated per activity, or once in a country strategy paper or a single place on the organisation’s website if there is only one flow type for all activities, e.g. “all aid is ODA”, or “we only provide private grants”.

The score for this indicator is graduated based on format.

Weighting

1.86%

22. Aid Type

The type of aid shows whether the activity is classed as budget support, a project, technical assistance, debt relief, administrative costs, and so on. This needs to be explicitly stated per activity, or once in a country strategy paper or on a clear place on the organisation’s website if there is only one aid type for the whole organisation, e.g. “all aid is project-type interventions”.

The advisory services business line/type of intervention (investment climate, public-private partnership, etc.), can be seen as broadly equivalent.

Statements clarifying business line/intervention type published anywhere on the organisation’s website count towards publishing aid type in the web format.

The score for this indicator is graduated based on format.

Weighting

1.86%

23. Finance Type

The type of finance shows whether the activity is a grant, loan, export credit or debt relief. This needs to be explicitly stated per activity, or once in a country strategy paper or clearly on the organisation’s website if there is only one finance type for the whole organisation, e.g. “all aid is grants”.

Investment type (loan, equity, etc.) can be interpreted as equivalent.

Statements clarifying investment type published anywhere on the website count towards publishing finance type in the web format.

The score for this indicator is graduated based on format.

Weighting

1.86%

24. Sectors

The sectors of the activity explain whether this is, for example, a health or education project. It does not count if it is just mentioned incidentally within the title, description, etc. It needs to be stated separately and explicitly.

If projects are presented by sector on an organisation’s website, it must be clearly stated whether the organisation works only in those sectors that are listed.

The score for this indicator is graduated based on format.

Weighting

1.86%

25. Sub-National Location

The sub-national geographic location is information about where the activity is located within a country. This may be a province or city, or it could be geo-coded (whereby the precise longitude and latitude is published). It needs to be stated separately and explicitly.

For activities that are relevant at a country or regional level, information on the location where the funds are sent to will be accepted for this indicator. For example, capital city for a country, or location information of the implementing organisation. This includes private sector investment, loans or debt relief payments, where the location of the relevant bank or organisation is accepted.

The score for this indicator is graduated based on format.

Weighting

1.86%

26. Tied Aid Status

The tied aid status shows whether the organisation states that this activity counts as “tied” (procurement is restricted to the donor organisation country) or “untied” (open procurement).

Specifying location requirements in activity documents such as procurement policies or tenders is accepted as publishing tied aid status.

For organisations’ lending directly to national investment agencies, an explicit statement demonstrating their aid is not tied is required. For IFIs and DFIs, investment codes clarifying their position are accepted. For private foundations, grant-making policies are accepted. If these are not available, the organisation’s procurement policy must clearly state if there are any eligibility requirements for contracts based on country of origin.

The score for this indicator is graduated based on format.

Weighting

1.86%

27. Memorandum of Understanding

A Memorandum of Understanding (MoU) is a document which details the agreement usually between the organisation and recipient government for the provision of aid in the country.

Some organisations do not sign MoUs, so jointly developed documents governing the relationship between the organisation and the recipient are accepted as equivalent, e.g. investment codes or partnership/country agreements that have been developed in conjunction with recipient governments, agreements with implementing partners or with grantees.

The score for this indicator is graduated based on accessibility.

Weighting

2.17%

28. Evaluations

Evaluation documents consider what the activity achieved, whether the intended objectives were met, what the major factors influencing the achievement or non-achievement of the objectives were and an assessment of the impact, effect and value of the activity. This information may be on a specific evaluation section of the organisation’s website.

If the activity under assessment is not completed but evaluation documents are available for other completed activities, the organisation can score for this indicator.

Not all organisations carry out evaluations for all of their activities. Organisations can score on this indicator as long as they publish evaluations within their regular evaluation cycles, i.e. the organisation publishes country evaluations every three years, the most recent documents within this time frame are accepted.

The score for this indicator is graduated based on accessibility.

Weighting

2.17%

29. Objectives

The objectives or purposes of the activity are those that the activity intends to achieve.

The objectives need to include the detailed description of the activity, the target sector/group and expected outcomes.

The score for this indicator is graduated based on accessibility.

Weighting

2.17%

30. Budget Docs

This is a specific budget detailing what the intended spending is for the different lines of the individual activity. It is often a document published on the organisation’s website.

Budget documents cannot simply be at the country level. If an activity budget is included in a larger country-level document, it is only accepted if the budget for the activity is broken down line by line.

For organisations where budget documents might be considered commercially sensitive, documents with redactions of the commercially sensitive pieces of information are accepted but the specific reasons for the redactions need to be explicitly stated in detail and must clarify why the information is commercially sensitive and would cause material and direct harm if published.

The score for this indicator is graduated based on accessibility.

Weighting

2.17%

31. Contracts

The individual contract(s) which is signed with a company, organisation or individual that provides goods and services for the activity. This could be on a procurement section of the organisation’s website, on a separate website or on a central government procurement website.

Contract documents cannot simply be at the country level. If an activity contract is included in a larger country-level document, it is only accepted if the contract mentions the activity specifically and in detail. Basic information about the activity contract is accepted if it contains three of the following five information items: awardee, amount, overview of services being provided, start/end dates, unique reference to original tender documents.

This indicator is retained for all organisations in the Index. In cases where organisations consider such information to be commercially sensitive, sections within the contract can be redacted but the reason for the redactions needs to be explicitly stated.

Due to the difficulty in checking contracts manually, rather than looking for the specific activity and the contract linked to it, a review of the organisation’s overall contracts is completed in line with the organisation’s procurement policy.

For vertical funds, equivalent documents are accepted, such as approved country proposals or agreements between the recipient and the funder.

The score for this indicator is graduated based on accessibility.

Weighting

2.17%

32. Tenders

Tenders are the individual contracts or proposals that have been put out to invite bids from companies or organisations that want to provide goods and services for an activity. They may be on a separate website, possibly on a central government procurement website.

Investment codes or policies for IFIs and DFIs are accepted. For private foundations, calls for grant submissions are accepted. For humanitarian agencies, documents that provide guidance on securing funding are accepted.

Due to the difficulty with manually finding tenders linked to current activities, rather than looking for the specific tender, a review of the organisation’s overall calls for tenders is completed to check it is publishing them consistently and in-line with their procurement policy.

For organisations that do not issue tenders related to aid projects (e.g. if procurement is undertaken by grantees or other implementing agencies), a statement explicitly clarifying this is required.

The score for this indicator is graduated based on accessibility.

Weighting

2.17%

33. Budget

The budget of the activity is the breakdown of the total financial commitment to the activity into annual or quarterly chunks.

In order to score for this indicator, the budget for at least the next year ahead (i.e. until 31 December 2014) or until the end of the activity – whichever is sooner – should be available.

For organisations where this may be deemed as commercially sensitive information, total estimated cost of fund/grant/loan amount is accepted or sections within a document can be redacted. The specific reasons for the redactions need to be explicitly stated in detail and must clarify why the information is commercially sensitive and would cause material and direct harm if published.

The score for this indicator is graduated based on format.

Weighting

3.25%

34. Commitments

This refers to the financial commitment for the activity as a whole for the lifetime of the activity. This is generally a high level commitment rather than a detailed breakdown of the activity budget.

The score for this indicator is graduated based on format.

Weighting

3.25%

35. Disbursements & Expenditures

Individual actual financial disbursements must be related to individual activities and must be on a per-transaction basis. Each activity is likely to have several transactions.

While such information might be considered to be commercially sensitive by some organisations, Publish What You Fund’s view is that actual expenditure information is less sensitive once the money has been spent. Hence all organisations are scored on this indicator. For IFIs and DFIs, the total fund/loan amount spent is accepted and details of the loan repayment costs and related charges can be redacted. The specific reasons for the redactions need to be explicitly stated in detail and must clarify why the information is commercially sensitive and would cause material and direct harm if published.

The score for this indicator is graduated based on format.

Weighting

3.25%

36. Budget ID

The budget classification is a way of linking the activity to the recipient country government’s own budget codes. There are two parts to this indicator. The administrative classification can either be provided as the budget codes themselves, or as a common code that can map from a donor organisation’s detailed purpose codes to the recipient country’s functional or administrative budget classifications. In addition, the economic classification provides the percentage of the budget that is capital versus current expenditure.

This indicator is retained for all organisations in the Index.

The budget identifier helps to explain aid flows in the context of the recipient government’s own budget. It does not relate only to those flows that are direct to the government (“on budget”), but also to other flows which may relate to the government’s own budget. In cases where the organisation is only providing private sector investment, budget classifications are still possible. Such activities could, for example, be classified as current expenditure under the microfinance and financial services function.

The score for this indicator is graduated based on format.

Weighting

3.25%

37. Results

The results show whether activities achieved their intended outputs in accordance with the stated goals or plans. This information often refers to logframes and results chains and may be within a specific results or evaluation section of the organisation’s website.

Both current and completed activities are considered for this indicator. If the activity is ongoing then the expected results should be available. If the activity has ended then the actual results should be available within 12 months of ending.

The score for this indicator is graduated based on format.

Weighting

4.33%

38. Impact Appraisals

Pre-project impact appraisals explain the totality of positive and negative, primary and secondary effects expected to be produced by a development intervention.

Environmental impact assessments as well as impact assessments which explain what objectives the project itself intends to provide are accepted.

IFIs and DFIs tend only to publish impact appraisals if regulations require them to, but given the link they have to the eventual impact and results of the activity, all organisations included in the Index are scored on this indicator.

For loans or private sector investment, risk assessments and the fiscal objectives detailed in the loan document are accepted. These need to be sufficiently detailed and include any criteria used to assess eligibility for receiving the loan.

Humanitarian Implementation Plans (HIPs) and project plans are accepted for humanitarian agencies.

The score for this indicator is graduated based on accessibility.

Weighting

4.33%

39. Conditions

The terms and conditions of the activity may also be referred to as benchmarks, priors, or involve words such as “subject to…”. They are specific to an individual activity and explain what the recipient must do in order to be eligible for the funds to be released.

The conditions should include loan repayment terms if the activity is financed by a loan.

For IFIs and DFIs, this includes loan repayment conditions or special terms and conditions. In cases where the loan repayment terms are considered commercially sensitive, this information can be redacted. The reason for the redactions needs to be explicitly stated in detail and must clarify why the information is commercially sensitive and would cause material and direct harm if published.

For private foundations and humanitarian agencies, statements setting out what the grant can be spent on are accepted.

Templates for general terms and conditions are not accepted for scoring this indicator. If there are no policy, performance or fiduciary conditions associated with an activity, this must be explicitly stated.

The score for this indicator is graduated based on accessibility.

37.

International Monetary Fund (IMF)

Poor

OVERVIEW

ANALYSIS

RECOMMENDATIONS

DONOR PROFILE

INDICATOR SCORING

TOTAL

31.60%

COMMITMENT TO AID TRANSPARENCY:

3.33/10

PUBLICATION ORGANISATION LEVEL:

9.03/25

PUBLICATION ACTIVITY LEVEL:

19.24/65

Commitment

1. FOIA

2. Implementation Schedules

3. Accessibility

Publication Status

Source

Comments

1. FOIA

Stage

Status

Format

Source

Comments

Publication Status

Source

Comments

2. Implementation schedules

Stage

Status

Format

Source

Comments

Publication Status

Source

Comments

3. Accessibility

Stage

Status

Format

Source

Comments

Planning

Financial

4. Organisation Strategy

5. Annual Report

6. Allocation Policy

7. Procurement Policy

8. Country Strategy

9. Total Budget

10. Disaggregated Budgets

11. Audit

Publication Status

Source

Comments

4. Organisation strategy

Stage

Status

Format

Source

Comments

Publication Status

Source

Comments

5. Annual report

Stage

Status

Format

Source

Comments

Publication Status

Source

Comments

6. Allocation policy

Stage

COMMITMENT TO
AID TRANSPARENCY:

PUBLICATION
ORGANISATION LEVEL:

PUBLICATION
ACTIVITY LEVEL: