{ "title": "Capacity Development", "sourceUrl": "https://www.imf.org/annual-report/2026/what-we-do/capacity-development/", "canonical": "https://www.imf.org/annual-report/2026/what-we-do/capacity-development/", "overlayPath": "/annual-report/2026/what-we-do/capacity-development/index.md", "summary": "The IMF provides technical assistance, training, and knowledge sharing to strengthen institutions, economic policies, stability, and sustainable growth.", "sections": [ { "heading": "Overview", "content": "- The IMF provides technical assistance, training, and knowledge sharing to strengthen institutions, economic policies, stability, and sustainable growth.\n- Capacity development (CD) strengthens institutions including central banks, finance ministries, revenue administrations, statistical agencies, and financial sector supervisory agencies to support more effective policies, greater economic stability, and growth.\n- CD includes demand-driven, tailored hands-on technical assistance and training, diagnostic tools and publications, and peer-learning opportunities.\n- Priority is given to low-income and fragile and conflict-affected states, as well as to countries with IMF programs.\n- Delivery modalities include a global network of 17 regional capacity development centers (RCDCs), in-country placements of long-term resident advisors, short-term assignments (in person, remotely, or hybrid), classroom training, and free online courses.\n- Donor partners of the IMF and RCDC member countries fund about two-thirds of direct spending on CD." }, { "heading": "Strategic priorities and integration", "content": "- Every five years the IMF undertakes a comprehensive review of its CD strategy; the 2024 CD Strategy Review outlines a vision to make CD more flexible, tailored, and better integrated with policy advice and program design.\n- Medium-term reform priorities:\n - Further modernize CD delivery by leveraging new technologies.\n - Enhance effectiveness of field presence through the IMF’s RCDC network.\n - Reinforce coordination with other development partners to improve traction, efficiency, and funding of CD.\n- Policy integration efforts:\n - A comprehensive CD Guidance Note has been published.\n - The ongoing Comprehensive Surveillance Review will identify IMF surveillance priorities and advance CD–surveillance integration.\n - The ongoing Review of Program Design and Conditionality will help strengthen integration of CD with IMF-supported program objectives." }, { "heading": "Thematic focus and activities", "content": "- Core CD areas: public finances, financial sector stability, central bank operations, macroeconomic frameworks, and economic statistics.\n- CD supports:\n - Better macroeconomic policies and macro frameworks.\n - Revenue mobilization and improved public spending.\n - Production of higher-quality data for economic decisions.\n - Strengthening monetary and financial stability, including regulatory and supervisory capacity for fintech, digital money, and payment modernization.\n- At country request, IMF country teams and technical experts develop and implement integrated work plans tailored to needs and absorption capacity.\n- Publications provide technical information and cross-country analyses for national authorities." }, { "heading": "Training and online learning", "content": "- FY 2026 milestones:\n - Launched a regional training program for South America and Mexico, piloted in Asunción and hosted by the Central Bank of Paraguay.\n - The online learning program focused on revitalizing foundational courses (financial programming, macroeconomic diagnostics and forecasting, financial markets, public finance).\n - Thirteen new open online courses were launched—four in English and nine in other languages—bringing the total number of courses offered to 136.\n - The IMF’s microlearning portfolio was expanded with more than 75 new bite-size on-demand videos.\n- The IMF revamped its external training program for country authorities in 2026:\n - Introduced illustrative learning paths and a new taxonomy of IMF training modalities.\n - Emphasizes structured sequences of courses (foundational to advanced), alignment with IMF policy work, and improved accessibility across modalities.\n- Delivery formats: online courses, in-person workshops at regional centers and headquarters, hybrid sessions, virtual seminars, and blended learning programs.\n- Illustrative learning path components (examples):\n - Building Blocks in Macroeconomic Analysis and Financial Programming: FPP.0x, FPP.1x, FPP.2x, FPP\n - Enhancing Analytical, Forecasting, and Communication Skills: MDS.x, MFA, MF.x, VDS, MPC\n - Advanced/Specialized Topics: DSGE, NWC, ERI, MRC.x, MRC" }, { "heading": "Regional centers and initiatives", "content": "- New and notable centers and placements:\n - Southeast Europe Technical Assistance Center (SEETAC) announced March 2026 to serve Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, Serbia, and Moldova; expected to begin operations by January 2027; Rome selected as host.\n - China-IMF Capacity Development Center (CICDC) relocated to the venue shared with the IMF’s Shanghai Center.\n - Launched a regional training pilot for South America and Mexico hosted by the Central Bank of Paraguay.\n- Western Hemisphere milestones:\n - CAPTAC‑DR celebrated its anniversary; opened May 2009 in Guatemala City; focuses on public finance, monetary and financial sectors, and macroeconomic statistics across its seven member countries.\n - CARTAC celebrated its 25-year anniversary; serving 23 Caribbean members since 2001 across macroeconomic analysis, public financial management, revenue administration, financial stability and supervision, debt management, and economic statistics.\n- Select RCDCs and hosts (as of April 30, 2026):\n - Africa Training Institute (ATI): China, European Union, Mauritius (host), Saudi Arabia\n - Caribbean Regional Technical Assistance Centre (CARTAC): Barbados (host), Canada, Caribbean Development Bank, Eastern Caribbean Central Bank, European Union, The Netherlands, United Kingdom\n - CCAMTAC: Asian Development Bank, China, European Union, Kazakhstan (host), Korea, Poland, Russia, Switzerland, United States\n - CAPTAC-DR: European Union, Guatemala (host), Luxembourg, Mexico, Spain\n - CICDC: China (host)\n - IMF Capacity Development Office in Thailand (CDOT): Japan, Thailand (host)\n - IMF-Singapore Regional Training Institute (STI): Japan, Singapore (host)\n - Joint Vienna Institute (JVI): Austria (primary member and host) and international partners/donors\n - Middle East Center for Economics and Finance (CEF): Kuwait (host)\n - METAC: European Union, France, Germany, The Netherlands, Saudi Arabia, Switzerland\n - PFTAC: Asian Development Bank, Australia, European Union, Fiji (host), Japan, Korea, New Zealand, United Kingdom, United States\n - AFRITAC Central, AFRITAC East, AFRITAC South, AFRITAC West, AFRITAC West 2, SARTTAC, and others listed with hosts and eligible member countries." }, { "heading": "Funding, partners, and thematic funds", "content": "- Donor funding:\n - Donor partners and RCDC member countries fund about two-thirds of direct spending on CD.\n- Top partners for IMF CD (contributions in US dollars over the past three years, FYs 2022–26; ranked): Japan; European Union; Saudi Arabia; Switzerland; China; Kuwait; Germany; France; The Netherlands.\n- Thematic and country funds (As of April 30, 2026) include:\n - Anti–Money Laundering/Combating the Financing of Terrorism (AML/CFT) partners: Canada, France, Germany, Italy, Japan, Korea, Luxembourg, The Netherlands, Qatar, Saudi Arabia, Switzerland, United Kingdom\n - Data for Decisions (D4D) Fund partners: China, Germany, Japan, Korea, Luxembourg, The Netherlands, Norway, Saudi Arabia, Switzerland\n - Debt Management Facility (DMF) partners (jointly with the World Bank): African Development Bank, Austria, Canada, European Union, France, Germany, Japan, The Netherlands, Norway, Switzerland, United Kingdom, United States\n - Financial Sector Stability Fund (FSSF) partners: China, Germany, Korea, Luxembourg, Saudi Arabia, Sweden, Switzerland\n - Global Public Finance Partnership (GPFP) partners: Belgium, Denmark, European Union, France, Germany, Japan, Korea, Luxembourg, The Netherlands, Norway, Saudi Arabia, Sweden, Switzerland, United Kingdom\n - Somalia Country Fund partners: Canada, European Union, Italy, Saudi Arabia, Sweden, United Kingdom\n - Ukraine Capacity Development Fund partners: Canada, European Union, Finland, Ireland, Japan, Latvia, Lithuania, The Netherlands, Poland, Slovak Republic, Switzerland" }, { "heading": "FY 2026 key statistics and delivery", "content": "- CD projects, involving 1,655 experts supporting 163 IMF member countries\n- \"$0 million of hands-on technical advice, policy-oriented training, and peer learning\"\n- Thirteen new open online courses launched (four in English and nine in other languages), total number of courses offered: 136\n- Microlearning expanded with more than 75 new bite-size on-demand videos\n- Top 10 recipients of IMF capacity development (FY 2026, ranked by capacity development delivered, in US dollars): Ukraine; Sri Lanka; Democratic Republic of the Congo; Ghana; The Gambia; Uganda; Liberia; Kenya; Uzbekistan\n- Top 10 recipients by training participation (FY 2026, ranked by participant weeks): Indonesia; Cameroon; Bangladesh; Pakistan\n- Regional participant counts (category table values preserved):\n - ASIA AND PACIFIC: 5764\n - SUB-SAHARAN AFRICA: 4566\n - MIDDLE EAST AND CENTRAL ASIA: 3069\n - WESTERN HEMISPHERE: 2389\n - EUROPE: 1465\n- Category counts:\n - SUB-SAHARAN AFRICA: 36\n - ASIA AND PACIFIC: 21\n - MIDDLE EAST AND CENTRAL ASIA: 17\n - WESTERN HEMISPHERE: 11\n - MULTIREGIONAL: 8\n - EUROPE: 7" } ], "bullets": [ "The IMF provides technical assistance, training, and knowledge sharing to strengthen institutions, economic policies, stability, and sustainable growth.", "Capacity development (CD) strengthens institutions including central banks, finance ministries, revenue administrations, statistical agencies, and financial sector supervisory agencies to support more effective policies, greater economic stability, and growth.", "CD includes demand-driven, tailored hands-on technical assistance and training, diagnostic tools and publications, and peer-learning opportunities.", "Priority is given to low-income and fragile and conflict-affected states, as well as to countries with IMF programs.", "Delivery modalities include a global network of 17 regional capacity development centers (RCDCs), in-country placements of long-term resident advisors, short-term assignments (in person, remotely, or hybrid), classroom training, and free online courses.", "Donor partners of the IMF and RCDC member countries fund about two-thirds of direct spending on CD.", "Every five years the IMF undertakes a comprehensive review of its CD strategy; the 2024 CD Strategy Review outlines a vision to make CD more flexible, tailored, and better integrated with policy advice and program design.", "Medium-term reform priorities:", "Policy integration efforts:", "Core CD areas: public finances, financial sector stability, central bank operations, macroeconomic frameworks, and economic statistics.", "CD supports:", "At country request, IMF country teams and technical experts develop and implement integrated work plans tailored to needs and absorption capacity.", "Publications provide technical information and cross-country analyses for national authorities.", "FY 2026 milestones:", "The IMF revamped its external training program for country authorities in 2026:", "Delivery formats: online courses, in-person workshops at regional centers and headquarters, hybrid sessions, virtual seminars, and blended learning programs.", "Illustrative learning path components (examples):", "New and notable centers and placements:", "Western Hemisphere milestones:", "Select RCDCs and hosts (as of April 30, 2026):", "Donor funding:", "Top partners for IMF CD (contributions in US dollars over the past three years, FYs 2022–26; ranked): Japan; European Union; Saudi Arabia; Switzerland; China; Kuwait; Germany; France; The Netherlands.", "Thematic and country funds (As of April 30, 2026) include:", "CD projects, involving 1,655 experts supporting 163 IMF member countries", "\"$0 million of hands-on technical advice, policy-oriented training, and peer learning\"", "Thirteen new open online courses launched (four in English and nine in other languages), total number of courses offered: 136", "Microlearning expanded with more than 75 new bite-size on-demand videos", "Top 10 recipients of IMF capacity development (FY 2026, ranked by capacity development delivered, in US dollars): Ukraine; Sri Lanka; Democratic Republic of the Congo; Ghana; The Gambia; Uganda; Liberia; Kenya; Uzbekistan", "Top 10 recipients by training participation (FY 2026, ranked by participant weeks): Indonesia; Cameroon; Bangladesh; Pakistan", "Regional participant counts (category table values preserved):", "Category counts:", "**Appendices**", "**Web Tables**" ], "related": [ { "title": "Appendices", "role": "document", "sourceUrl": "https://www.imf.org/annual-report/2026/pdfs/imf-annual-report-2026-appendices.pdf", "summary": { "path": "/annual-report/2026/pdfs/imf-annual-report-2026-appendices.pdf.md", "mime": "text/markdown" }, "binary": { "path": "/annual-report/2026/pdfs/imf-annual-report-2026-appendices.pdf", "mime": "application/pdf" } }, { "title": "Web Tables", "role": "document", "sourceUrl": "https://www.imf.org/annual-report/2026/pdfs/imf-annual-report-2026-web-tables.pdf", "summary": { "path": "/annual-report/2026/pdfs/imf-annual-report-2026-web-tables.pdf.md", "mime": "text/markdown" }, "binary": { "path": "/annual-report/2026/pdfs/imf-annual-report-2026-web-tables.pdf", "mime": "application/pdf" } } ], "alternates": { "markdown": "/annual-report/2026/what-we-do/capacity-development/index.md", "json": "/annual-report/2026/what-we-do/capacity-development/index.json", "bundleManifest": "/annual-report/2026/what-we-do/capacity-development/bundle-manifest.json" }, "generatedAtUtc": "2026-10-01T14:55:34.317Z" }