While the IMF’s surveillance role is rooted in its founding documents, structural problems continue to limit its impact. In a recent article for the Atlantic Council, BWC Member Martin Mühleisen analyzes the IMF’s 2026 Comprehensive Surveillance Review, which aims to address these obstacles ahead of the Annual Meetings in Bangkok. Mühleisen identifies three key objectives: implementing the Integrated Surveillance Decision according to a clear protocol; preserving the internal process for reviewing and validating Article IV reports; and encouraging IMF leadership to use more country-specific references in public communications. While such changes could mark a turning point, Mühleisen questions whether they will translate into meaningful operational change with all eyes on the upcoming Bangkok meetings to find out.

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All views expressed by members are their own and not reflective of the views of the Bretton Woods Committee.