## Capacity Development ## Source details **Canonical URL:** [Capacity Development](https://www.imf.org/annual-report/2026/what-we-do/capacity-development/) ## Other formats - [Markdown version](/annual-report/2026/what-we-do/capacity-development/index.md) - [Structured JSON version](/annual-report/2026/what-we-do/capacity-development/index.json) - [Bundle manifest](/annual-report/2026/what-we-do/capacity-development/bundle-manifest.json) --- ### Overview - 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. ### Strategic priorities and integration - 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: - Further modernize CD delivery by leveraging new technologies. - Enhance effectiveness of field presence through the IMF’s RCDC network. - Reinforce coordination with other development partners to improve traction, efficiency, and funding of CD. - Policy integration efforts: - A comprehensive CD Guidance Note has been published. - The ongoing Comprehensive Surveillance Review will identify IMF surveillance priorities and advance CD–surveillance integration. - The ongoing Review of Program Design and Conditionality will help strengthen integration of CD with IMF-supported program objectives. ### Thematic focus and activities - Core CD areas: public finances, financial sector stability, central bank operations, macroeconomic frameworks, and economic statistics. - CD supports: - Better macroeconomic policies and macro frameworks. - Revenue mobilization and improved public spending. - Production of higher-quality data for economic decisions. - Strengthening monetary and financial stability, including regulatory and supervisory capacity for fintech, digital money, and payment modernization. - 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. ### Training and online learning - FY 2026 milestones: - Launched a regional training program for South America and Mexico, piloted in Asunción and hosted by the Central Bank of Paraguay. - The online learning program focused on revitalizing foundational courses (financial programming, macroeconomic diagnostics and forecasting, financial markets, public finance). - Thirteen new open online courses were launched—four in English and nine in other languages—bringing the total number of courses offered to 136. - The IMF’s microlearning portfolio was expanded with more than 75 new bite-size on-demand videos. - The IMF revamped its external training program for country authorities in 2026: - Introduced illustrative learning paths and a new taxonomy of IMF training modalities. - Emphasizes structured sequences of courses (foundational to advanced), alignment with IMF policy work, and improved accessibility across modalities. - 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): - Building Blocks in Macroeconomic Analysis and Financial Programming: FPP.0x, FPP.1x, FPP.2x, FPP - Enhancing Analytical, Forecasting, and Communication Skills: MDS.x, MFA, MF.x, VDS, MPC - Advanced/Specialized Topics: DSGE, NWC, ERI, MRC.x, MRC ### Regional centers and initiatives - New and notable centers and placements: - 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. - China-IMF Capacity Development Center (CICDC) relocated to the venue shared with the IMF’s Shanghai Center. - Launched a regional training pilot for South America and Mexico hosted by the Central Bank of Paraguay. - Western Hemisphere milestones: - 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. - 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. - Select RCDCs and hosts (as of April 30, 2026): - Africa Training Institute (ATI): China, European Union, Mauritius (host), Saudi Arabia - Caribbean Regional Technical Assistance Centre (CARTAC): Barbados (host), Canada, Caribbean Development Bank, Eastern Caribbean Central Bank, European Union, The Netherlands, United Kingdom - CCAMTAC: Asian Development Bank, China, European Union, Kazakhstan (host), Korea, Poland, Russia, Switzerland, United States - CAPTAC-DR: European Union, Guatemala (host), Luxembourg, Mexico, Spain - CICDC: China (host) - IMF Capacity Development Office in Thailand (CDOT): Japan, Thailand (host) - IMF-Singapore Regional Training Institute (STI): Japan, Singapore (host) - Joint Vienna Institute (JVI): Austria (primary member and host) and international partners/donors - Middle East Center for Economics and Finance (CEF): Kuwait (host) - METAC: European Union, France, Germany, The Netherlands, Saudi Arabia, Switzerland - PFTAC: Asian Development Bank, Australia, European Union, Fiji (host), Japan, Korea, New Zealand, United Kingdom, United States - AFRITAC Central, AFRITAC East, AFRITAC South, AFRITAC West, AFRITAC West 2, SARTTAC, and others listed with hosts and eligible member countries. ### Funding, partners, and thematic funds - Donor funding: - Donor partners and RCDC member countries fund about two-thirds of direct spending on CD. - 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: - 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 - Data for Decisions (D4D) Fund partners: China, Germany, Japan, Korea, Luxembourg, The Netherlands, Norway, Saudi Arabia, Switzerland - 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 - Financial Sector Stability Fund (FSSF) partners: China, Germany, Korea, Luxembourg, Saudi Arabia, Sweden, Switzerland - Global Public Finance Partnership (GPFP) partners: Belgium, Denmark, European Union, France, Germany, Japan, Korea, Luxembourg, The Netherlands, Norway, Saudi Arabia, Sweden, Switzerland, United Kingdom - Somalia Country Fund partners: Canada, European Union, Italy, Saudi Arabia, Sweden, United Kingdom - Ukraine Capacity Development Fund partners: Canada, European Union, Finland, Ireland, Japan, Latvia, Lithuania, The Netherlands, Poland, Slovak Republic, Switzerland ### FY 2026 key statistics and delivery - 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): - ASIA AND PACIFIC: 5764 - SUB-SAHARAN AFRICA: 4566 - MIDDLE EAST AND CENTRAL ASIA: 3069 - WESTERN HEMISPHERE: 2389 - EUROPE: 1465 - Category counts: - SUB-SAHARAN AFRICA: 36 - ASIA AND PACIFIC: 21 - MIDDLE EAST AND CENTRAL ASIA: 17 - WESTERN HEMISPHERE: 11 - MULTIREGIONAL: 8 - EUROPE: 7 --- ## Content in this bundle - **Appendices** - [Appendices (Markdown version)](/annual-report/2026/pdfs/imf-annual-report-2026-appendices.pdf.md){rel="alternate" type="text/markdown"} - [Appendices (PDF)](/annual-report/2026/pdfs/imf-annual-report-2026-appendices.pdf){rel="external" type="application/pdf"} - **Web Tables** - [Web Tables (Markdown version)](/annual-report/2026/pdfs/imf-annual-report-2026-web-tables.pdf.md){rel="alternate" type="text/markdown"} - [Web Tables (PDF)](/annual-report/2026/pdfs/imf-annual-report-2026-web-tables.pdf){rel="external" type="application/pdf"} --- ## References - [CD Strategy Review](https://www.imf.org/en/Publications/Policy-Papers/Issues/2024/04/09/Review-of-the-Funds-Capacity-Development-Strategy-Towards-a-More-Flexible-Integrated-and-546900) - [CD Guidance Note](https://www.imf.org/en/publications/policy-papers/issues/2026/01/30/cd-guidance-note-573613) - [regional capacity development centers](https://www.imf.org/en/capacity-development/how-we-work) _Source: https://www.imf.org/annual-report/2026/what-we-do/capacity-development/_