## 23rd Macroeconomist Training Program

## Source details

**Canonical URL:** [23rd Macroeconomist Training Program](https://www.imf.org/-/media/files/oap/oap-home/2025/23rd-mtp-flyer-agenda-final-final.pdf)

## Other formats

- [Markdown version](/-/media/files/oap/oap-home/2025/23rd-mtp-flyer-agenda-final-final.pdf.md)
- [Structured JSON version](/-/media/files/oap/oap-home/2025/23rd-mtp-flyer-agenda-final-final.pdf.json)

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### Overview
- The IMF Regional Office for Asia and the Pacific will hold the 23rd Macroeconomist Training Program, a three day residential workshop providing an opportunity to explore how the IMF uses its financial programming framework to analyze member country economic prospects and risks and to make policy recommendations.
- Language: Japanese (lecture materials in English will also be used).
- Fee: Free.

### Logistics and Admissions
- Place: JICA Tokyo (Tokyo International Center).
- Date: Wednesday, March 26 – Friday, March 28, 2025.
- Application deadline: Friday, March 7, 2025, 11:59 AM (Japan time).
- Admission: 20 (Participants will be selected through submitted application).
- Participants: 2 nights accommodation provided to all participants (conditions apply). Domestic transportation costs covered by the organizer.
- Application link: https://cvent.me/V91xwm

### Target audience and certification
- Main target: Undergraduate students (graduate students pursuing a master’s degree may also apply).
- Particularly encouraged: Those interested in working for international organizations and developing expertise in macroeconomics, international finance, development economics, and related fields.
- Certificate: A Certificate of Participation will be granted to participants who complete this workshop.

### Main lecturer
- Main Lecturer: Shogo Ishii (PhD), IMF Consultant.
- Biography highlights:
  - Previously Director of the IMF Regional Office for Asia and the Pacific (until 2013).
  - Served as IMF mission chief for Malaysia, Singapore, and Vietnam; Senior Resident Representative in Thailand; and held other senior IMF positions.

### Learning objectives and content
- Overview of how the IMF analyzes macroeconomic issues using financial programming.
- Explanation of key macroeconomic sectors, indicators, and their linkages.
- Components:
  - Role of the IMF and how IMF economists work at Headquarters and in the field.
  - Macroeconomic Framework: financial programming overview.
  - Macroeconomic Policy (I): Fiscal policy and fiscal sustainability—fiscal account interpretation, fiscal indicators, fiscal policy instruments, assessing public debt sustainability.
  - Macroeconomic Policies (II): Monetary, exchange rate, and financial sector policies—monetary policy frameworks with focus on inflation targeting and monetary policy instruments; exchange rate policy; policies to secure financial sector stability.
  - Formulation of Adjustment Program: assessing macroeconomic imbalances/vulnerabilities, setting macroeconomic goals, and adjustment policies.
  - IMF-Supported Programs: Case study of Sri Lanka to illustrate program design trade-offs.
  - Group assignment and presentations using tools introduced in lectures.
  - Office hours for group presentation preparation.
- Participants will undertake group presentations applying IMF analysis tools to a country case.

### Draft agenda — Day 1 (Wednesday, March 26, 2025)
- 10:00 – 10:30 Registration
- 10:30 – 11:00 Icebreaking Session
- 11:00 – 11:10 Welcome and Opening Remarks — Akihiko Yoshida, Director, IMF Regional Office for Asia and the Pacific
- 11:10 – 11:45 A. The Role of the IMF
- 11:45 – 13:00 Lunch Break
- 13:00 – 14:30 B. Macroeconomic Framework
- 14:30 – 14:45 Coffee Break
- 14:45 – 16:15 C. Macroeconomic Policy (I): Fiscal policy and fiscal sustainability
- 16:15 – 16:45 Coffee Break
- 16:45 – 18:15 D. Macroeconomic Policies (II): Monetary, exchange rate, and financial sector policies

### Draft agenda — Day 2 (Thursday, March 27, 2025)
- 9:00 – 10:30 E. Formulation of Adjustment Program
- 10:30 – 10:45 Coffee Break
- 10:45 – 12:15 F. IMF-Supported Programs: The case of Sri Lanka
- 12:15 – 13:15 Lunch
- 13:15 – 15:00 G. Explanation of Group Assignments (includes brief presentations on recent economic developments in Viet Nam and Thailand)
- 15:00 – 15:15 Coffee Break
- 15:15 – 18:00 H. Office Hours: Preparation of group presentations

### Draft agenda — Day 3 (Friday, March 28, 2025)
- 9:00 – 10:30 I. Office hours: Preparation of group presentations
- 10:30 – 10:45 Coffee Break
- 10:45 – 12:00 J. Group Presentations I
- 12:00 – 13:00 Lunch
- 13:00 – 14:15 K. Group Presentations II
- 14:15 – 14:30 Coffee Break
- 14:30 – 15:30 L. Presentation by JICA
- 15:30 – 16:00 Closing Remarks — Akihiko Yoshida, Director, IMF Regional Office for Asia and the Pacific
- 16:00 – Reception (Photo Session and End of Course Survey will follow)

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_Source: https://www.imf.org/-/media/files/oap/oap-home/2025/23rd-mtp-flyer-agenda-final-final.pdf_