The IMF perceives its role as extending far beyond support for the BOP. Instead this document states (page 3): “Fund engagement with LICs over the past decade has been focused on supporting macroeconomic stability – its key global mandate – as part of broader development efforts to reduce poverty, raise growth and secure progress towards the Millennium Development Goals (MDGs)”.
BIS central bankers’ speeches  1  1. Is the technical design of the macroeconomic conditionalities in Fund programs still appropriate for the macroeconomic challenges faced by all SSA economies, and in particular for the more advanced economies in the region; the “frontier markets”? 2.