The experience will be further reviewed in mid-2000. B. External evaluation of IMF surveillance Review is completed and preliminary discussion is undertaken by Executive Board. Executive Board to return to issues during forthcoming internal review. Vulnerability assessment A. Comprehensive reporting on capital account Develop mechanisms for better assessing capital flows and external vulnerability IMF staff have expanded reporting to Executive Board on financial market developments, and published reports on international capital market developments. Enhanced creditor-side data on external debt and internal system for disseminating detailed BIS data came online on Internet in March 1999.
Work is ongoing to increase timeliness and quality of creditor-based data.
Technical assistance is provided by IMF to members in improving data and monitoring systems. IMF staff to continue work to implement detailed recommendations of task force. IMF to collaborate with international organizations to widen coverage of creditor data systems and to shorten publication lags. Financial Stability Forum expected to prepare report on short-term capital flows in early 2000. Other systems continue to be developed and upgraded.