This Management Implementation Plan (MIP) proposes actions in response to the Board-endorsed recommendations provided by the Independent Evaluation Office (IEO)'s report on the Evolving Application of the IMF's Mandate. The MIP addresses the four IEO recommendations, which aim to (i) Enhance the decision-making process for Fund engagement in new policy areas; (ii) Address operational challenges by producing budget data in a manner that allows tracking by policy area across all Fund activities and operations; (iii) Enhance the clarity of key elements regarding surveillance in new policy areas, and (iv) Adopt an Executive Board-approved high-level Statement of Principles for Engagement with Partners. Staff will leverage existing and planned workstreams to address the IEO's recommendations.