Training Program

Mid-level to senior officials in RMA who are directly involved in diagnosing the state of the macroeconomy and making projections.

A background in economics would be useful but not essential.

This course provides new inductees into the RMA's general stream with a broad understanding of macroeconomic tools used to assess a country's macroeconomic situation. The program covers the current state of the economy; the stance of fiscal and monetary policy; financial stability; exchange rate misalignments; vulnerabilities in the different sectors; and the medium-term outlook, especially the sustainability of public debt. Throughout the course, these concepts are applied to Bhutan to illustrate its current macroeconomic opportunities and challenges, and to demonstrate practical tools for use in day-to-day macroeconomic analysis and policy making.