International Monetary Fund: Status of Efforts to Strengthen Safeguards Over Lending

Pursuant to a congressional request, GAO provided a status report on whether the International Monetary Fund's (IMF) policies provide reasonable assurances that financial resources provided to member countries are adequately safeguarded, focusing on the: (1) appropriate use of IMF resources by borrowers; and (2) accuracy of economic and financial information reported by borrowers, and upon which the IMF makes lending decisions.