## THESIS PRESENTATIONS — Japan-IMF Scholarship Program for Asia AY2025-26

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**Canonical URL:** [THESIS PRESENTATIONS — Japan-IMF Scholarship Program for Asia AY2025-26](https://www.imf.org/-/media/files/oap/jispa/2026/ay2025-26-jispa-thesis-presentation-program-for-website.pdf)

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### Opening
- 13:50 - Welcome Remarks
  - Speaker: Mr. Takashi Nagaoka, Director, Regional Office for Asia and the Pacific (OAP), IMF

### SESSION I (Chair: Prof. Chien-Yu Huang, International University of Japan (IUJ))
- 13:55-14:35 — Presentation #1
  - Title: “Central Bank Reserve Management under a Pandemic Shock: Evidence from Southeast Asia"
  - Presenter: Ms. Thao Phuong Nguyen, National Graduate Institute for Policy Studies (GRIPS), State Bank of Vietnam
  - Discussant: Mr. Mukhammadjon Marat ugli Muslimov, IUJ, Central Bank of Uzbekistan
  - Commentator: Prof. Nguyen Thanh Tung, Hitotsubashi University (HIT)
  - Interaction sequence:
    - Comments/Questions: Floor Participants
    - Response by: Ms. Thao Phuong Nguyen

- 14:35-15:15 — Presentation #2
  - Title: “The Effect of Indonesia’s Medium Tax Office Expansion on Tax Performance”
  - Presenter: Mr. Muhammad Azhar Nurzaman, HIT, Ministry of Finance, Indonesia
  - Discussant: Ms. Aminath Afnan Haneef, the University of Tokyo (UTokyo), Ministry of Finance, Maldives
  - Commentator: Prof. Jun Goto, GRIPS
  - Interaction sequence:
    - Comments/Questions: Floor Participants
    - Response by: Mr. Muhammad Azhar Nurzaman

### SESSION II (Chair: Prof. Junichi Fujimoto, GRIPS)
- 15:35-16:15 — Presentation #3
  - Title: “The Limits of Monetary Autonomy: Maturity-Differentiated U.S. Rate Pass-Through in the Philippines”
  - Presenter: Ms. Danielle Celine Adriano Martinez, UTokyo, Bureau of Treasury, Philippines
  - Discussant: Ms. A P L Janitha Dulanjali Thilakaratne, GRIPS, Central Bank of Sri Lanka
  - Commentator: Prof. Chien-Yu Huang, IUJ
  - Interaction sequence:
    - Comments/Questions: Floor Participants
    - Response by: Ms. Danielle Celine Adriano Martinez

- 16:15-16:55 — Presentation #4
  - Title: “Bayesian DSGE Model for the Mongolian Economy: From Closed-Economy Benchmark to Small Open Economy Extension”
  - Presenter: Mr. Ishdorj Batbaatar, IUJ, Bank of Mongolia
  - Discussant: Mr. Md. Tanzeer Alam, HIT, Bangladesh Bank
  - Commentator: Prof. Ryo Kato, UTokyo
  - Interaction sequence:
    - Comments/Questions: Floor Participants
    - Response by: Mr. Ishdorj Batbaatar

### Closing
- 16:55-17:00 — Concluding Remarks
  - Speaker: Mr. Ozgur Demirkol, Deputy Director, IMF-OAP

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_Source: https://www.imf.org/-/media/files/oap/jispa/2026/ay2025-26-jispa-thesis-presentation-program-for-website.pdf_