The Independent Evaluation Office (IEO) was established in 2001 to conduct independent and objective evaluations of Fund policies and activities. Under its Terms of Reference, it is fully independent from the Management of the IMF and operates at arm's length from the Board of Executive Directors.

The IEO's mission is to:

• Enhance the learning culture within the Fund,
• Strengthen the Fund's external credibility,
• Promote greater understanding of the work of the Fund, and
• Support institutional governance and oversight.

Ongoing Evaluations

IMF Forecasts: Process, Quality, and Country Perspectives

Learning From Experience At The IMF: An IEO Assessment of Self-Evaluation Systems

What's New

On March 21, 2013, the IMF Executive Board discussed the Second External Evaluation of the IEO, which concluded that the IEO has contributed to strengthening the effectiveness, learning culture, and accountability of the IMF. It also found that the IEO is widely recognized as the most independent of the evaluation offices of the international financial institutions.
Full text (pdf) | IEO response (pdf) | Public Information Notice

We welcome your ideas on future evaluations and comments on our past and ongoing work. Please email us at ieo@imf.org


• April 22, 2013

  The IEO has posted its latest Progress Report to the IMFC.
  

• April 16, 2013

  IEO releases its Spring 2013 Dialogue Newsletter.
  Spanish | French | Portuguese | Russian

• February 22, 2013

  The IEO has posted a draft issues paper for the evaluation of IMF Forecasts: Process, Quality, and Country Perspectives. Comments are welcome and may be submitted by March 20 to ieo@imf.org. They will be considered in the preparation of the actual evaluation report.