## 26th Macroeconomist Training Program

## Source details

**Canonical URL:** [26th Macroeconomist Training Program](https://www.imf.org/-/media/files/oap/oap-home/2026/26th-mtp-flyer-agenda.pdf)

## Other formats

- [Markdown version](/-/media/files/oap/oap-home/2026/26th-mtp-flyer-agenda.pdf.md)
- [Structured JSON version](/-/media/files/oap/oap-home/2026/26th-mtp-flyer-agenda.pdf.json)

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### Program overview
- Organizer: IMF Regional Office for Asia and the Pacific.
- Title: 26th Macroeconomist Training Program.
- Format: Three day residential workshop (2泊3日).
- Language: Japanese (Most lecture materials are in English / 英語表記の講義資料も用います).
- Target audience: Mainly undergraduate students* (学部生が主な対象; graduate students may apply / 大学院生も応募可能).
- Admission: 20 (Participants will be selected through submitted application / 募集人数 20名程度).
- Fee: Free (Includes two nights of accommodation and domestic transportation costs. Conditions apply / 参加費 無料（国内交通費は主催者が負担します。全ての参加者に2泊分の宿泊施設を提供します。 ※条件あり）).
- Venue: JICA Tokyo (Tokyo International Center / JICA東京（東京国際センター）).
- Dates: Tuesday, March 17 – Thursday, March 19, 2026 (2026年3月17日（水）- 19日（木）).
- Application deadline: Sunday, February 15, 2026, 11:59 PM (日本時間 / 締切 2026年2月15日（日） 午後11時59分（日本時間）).
- Application link: https://cvent.me/mR7dLA
- Certificate: A Certificate of Participation will be granted to participants who complete this workshop (全講義を修了した参加者には、プログラム終了後、修了書を授与します).

### Main lecturer and instructional focus
- Main Lecturer: Shogo Ishii (PhD) / 講師：石井詳悟 (IMF Consultant; former Director of the IMF Regional Office for Asia and the Pacific).
- Instructional focus:
  - Overview of how the IMF analyzes macroeconomic issues using the financial programming framework (ファイナンシャル・プログラミング).
  - Practical experience with IMF-style macroeconomic analysis, including economic surveillance and policy recommendation formulation.
  - Group work: participants apply introduced economic analysis tools to a country case and deliver group presentations.

### Key thematic modules (as described)
- The Role of the IMF
  - Explains the role of the IMF in the international financial system and how an IMF economist works at Headquarters and in the field.
- Financial Programming I: The IMF’s macroeconomic framework
  - Overview of IMF financial programming and how it identifies and analyzes macroeconomic issues, linkages between variables, projections, and policy recommendations.
- Financial Programming II: Fiscal policy and fiscal sustainability
  - Explanation of the fiscal account, interpretation of fiscal indicators, fiscal policy instruments, and assessment of public debt sustainability.
- Financial Programming III: Monetary, exchange rate, and financial sector policies
  - Various monetary policy frameworks (focus on inflation targeting and instruments), exchange rate policy, and policies for financial sector stability.
- Adjustment Program Framework
  - Use of financial programming to analyze a country’s economy, identify risks and vulnerabilities, and formulate policy recommendations.
- Article IV Consultation: The Case of Thailand / (session text refers to Vietnam in one place; program lists “The Case of Thailand”)
  - Illustrates application of financial programming to a country's economy to identify risks, vulnerabilities, and policy recommendations.
- IMF-Supported Programs: The Case of Pakistan
  - Discusses the key elements of the 37-month Extended Fund Facility (EFF) program for Pakistan approved in September 2024 and progress achieved so far; Pakistan’s near-term prospects and risks will be discussed.

### Draft agenda (times and sessions)
- Day 1: Tuesday, March 17, 2026
  - 10:00 – 10:30 Registration
  - 10:30 – 11:00 Icebreaking Session
  - 11:00 – 11:10 Welcome and Opening Remarks (Takashi Nagoka, Director, IMF Regional Office for Asia and the Pacific; JICA (TBD))
  - 11:10 – 11:45 A. The Role of the IMF
  - 11:45 – 13:00 Lunch Break
  - 13:00 – 14:30 B. Financial Programing I: The IMF’s macroeconomic framework
  - 14:30 – 14:45 Coffee Break
  - 14:45 – 16:15 C. Financial Programing II: Fiscal policy and fiscal sustainability
  - 16:15 – 16:45 Coffee Break
  - 16:45 – 18:15 D. Financial Programming III: Monetary, exchange rate, and financial sector policies

- Day 2: Wednesday, March 18, 2026
  - 9:00 – 10:45 E. Adjustment Program Framework
  - 10:45 – 11:00 Coffee Break
  - 11:00 – 12:00 F. Presentation by JICA
  - 12:00 – 13:00 Lunch Break
  - 13:00 – 14:30 G. Article IV Consultation: The Case of Thailand
  - 14:30 – 14:45 Coffee Break
  - 14:45 – 16:15 H. IMF-Supported Programs: The Case of Pakistan (37-month Extended Fund Facility (EFF) program for Pakistan approved in September 2024)
  - 16:15 – 16:30 Coffee Break
  - 16:30 – 17:00 I. Explanation of Group Assignments
  - 17:00 – 18:00 J. Office hours: Preparation of Group Presentations

- Day 3: Thursday, March 19, 2026
  - 9:00 – 11:45 K. Office Hours: Preparation of group presentations
  - 11:45 – 12:45 Lunch
  - 12:45 – 13:30 L. Group Presentation – Group A
    - 12:45 – 13:05 Presentation
    - 13:05 – 13:20 QA
    - 13:20 – 13:30 Comment by lecturer
  - 13:30 – 14:15 M. Group Presentation – Group B
    - 13:30 – 13:50 Presentation
    - 13:50 – 14:05 QA
    - 14:05 – 14:15 Comment by lecturer
  - 14:15 – 14:30 Coffee break
  - 14:30 – 15:15 N. Group Presentation – Group C
    - 14:30 – 14:50 Presentation
    - 14:50 – 15:05 QA
    - 15:05 – 15:15 Comment by lecturer
  - 15:15 – 16:00 O. Group Presentation – Group D
    - 15:15 – 15:35 Presentation
    - 15:35 – 15:50 QA
    - 15:50 – 16:00 Comment by lecturer
  - 16:00 – 16:30 Closing Remarks (Takashi Nagaoka, Director, IMF Regional Office for Asia and the Pacific); Photo Session and End of Course Survey
  - 16:30 – Social Hour

### Participant experience and outcomes
- Hands-on use of IMF financial programming tools through lectures, country case discussions, and group assignments.
- Exposure to real country cases in IMF surveillance and program activities (including Thailand and Pakistan case sessions).
- Direct interaction with a former IMF economist and access to practical guidance on IMF work and career experience.
- Certificate of Participation awarded to those who complete the workshop.

*Mainly undergraduate students who are interested in working for international organizations while developing expertise in macroeconomics, international finance, development economics, and related fields. Students pursuing a master’s degree may also apply.*

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_Source: https://www.imf.org/-/media/files/oap/oap-home/2026/26th-mtp-flyer-agenda.pdf_