The Economic Policy Monitor (EPM) is the latest publication category of PIDS that began in 2011. It is an annual publication usually consisting of three chapters. The first chapter provides a description and analysis of the general macroeconomic conditions of the past year and economic prospects for the following year. It is followed in the second chapter by a discussion of recent policy measures in specific sectors and their implications. The third chapter features an in-depth analysis of an existing or a proposed policy and provides recommendations to address issues or policy gaps.