Training Program

Mid-level to senior central bank officials interested in market operations and monetary policy strategy.

Participants with experience in bank central bank operations, financial markets, and basic knowledge of quantitative methods.

The course teaches advanced statistical methods to forecast systemic liquidity in the context of different operational frameworks. The course covers techniques suitable for:

• Central banks with fixed exchange rate arrangements
• Central banks operating an interest rate corridor
• Central banks with an interest rate floor system

The IMF has designed a full-fledged software infrastructure for forecasting central banks' autonomous factors. IMF staff will present the infrastructure during the course. The forecasting framework designed by IMF staff is also tailored for countries with limited data and under-developed financial markets.