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Financial Sector Policies

Central Bank Communications and Transparency

Deadline passed

Session No.: SA 24.46

Location: Bangkok, Thailand

Date: December 9-11, 2024 (1 week)

Delivery Method: In-person Training

Primary Language: English

    Target Audience

    Central banks' senior- or mid-level officials.

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    Qualifications

    Experience in central bank communication topics would be useful but not essential.

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    Course Description

    This course, offered by the IMF Capacity Development Office in Thailand (CDOT) in collaboration with the IMF South Asia Regional Training and Technical Assistance Center (SARTTAC), will delve into the primary challenges encountered by central banks in emerging markets and developing economies in the policy communications and transparency. Topics will include the significance of modern central bank communication, communication tools, channels and audiences, and the communication of monetary and FX policies and operations. It will also cover financial stability communication, transparency regarding central bank legal frameworks, financial accounts, and institutional arrangements. The curriculum will encompass a variety of topics, initiated by main lectures and simulation exercises, and further enriched by selected country case studies. The course will culminate in a panel discussion to summarize key takeaways and identify opportunities for improving implementation, building upon the technical support already provided by CDOT and SARTTAC to their member and beneficiary central banks

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    Course Objectives

    Upon completion of this course, participants should be able to:

    • Enhance Understanding of Modern Central Bank Communications
    • Develop Skills in Using Communication Tools and Channels
    • Improve Transparency Practices
    • Strengthen Monetary and FX Policy Communication, Address Financial Stability Communication
    • Learn from Real-World Examples and Case Studies
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