Macroeconomic Policy Communication (MPC)

Source details

Economic staff in central banks and ministries of finance with communication roles, both internal (communication with principals) and external (communication with the broader public)
Staff involved in the forecasting, analysis, and implementation of macroeconomic policy (collaboration with communicators)
Preference will be given to applicants who participate in IMF technical assistance on developing macroeconomic frameworks

Expected to have a degree in economics or equivalent experience
Comfortable to speak, write, and present in English
Recommended that applicants have completed a few general macroeconomic courses, such as Monetary Policy (MP), Fiscal Policy Analysis (FPA), Macroeconomic Diagnostic (MDS), face-to-face or online

Blended course providing hands-on training on all aspects of transparent and effective communication to improve delivery of economic policy and to provide the basis for accountability of authorities' actions
Provides key concepts and tools necessary to deliver well-designed policy communication
Offered in a blended format, consisting of two compulsory segments:
- Selected participants must first complete self-paced online learning modules
- Followed by the in-person, hands-on portion of the course

Identify the basic principles and best practices on transparency and for communicating their institution's macroeconomic policies and activities
Design effective communication strategies and deliver well-designed outputs to various audiences, with a focus on:
- monetary and macro-prudential policies (in the case of Central Banks)
- fiscal policy (in the case of Ministries of Finance)
Identify drawbacks in their institution's existing communication practices
Formulate action plans to take back to their institutions for implementation
Describe strategies for responding effectively to media requests and public inquiries, mitigate public relations risks, and manage expectations about key policy actions, all of which can help shape public perceptions of institutions and their policies