{
  "title": "Monetary Policy (MP)",
  "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2025/mpce25-04",
  "canonical": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2025/mpce25-04",
  "overlayPath": "/en/capacity-development/training/icdtc/schedule/ce/2025/mpce25-04/index.md",
  "summary": "Monetary Policy Training Program Target Audience Junior to mid-level officials from emerging markets and low-income countries interested in understanding and analyzing the conduct of monetary policy and its interaction with the rest of the economy.",
  "publishDate": "2025-09-23",
  "sections": [
    {
      "heading": "Program logistics and target audience",
      "content": "- Session No.: CE 25.04\n- Deadline passed\n- Location: Kuwait City, Kuwait\n- Date: January 26, 2025 - February 6, 2025 (2 weeks)\n- Delivery Method: In-person Training\n- Primary Language: English\n- Target Audience: Junior to mid-level officials from emerging markets and low-income countries interested in understanding and analyzing the conduct of monetary policy and its interaction with the rest of the economy.\n- Qualifications:\n  - Expected to have an advanced degree in economics or equivalent experience.\n  - Must be comfortable using Microsoft Excel and Excel-based applications.\n  - Strong recommendation to have completed a few general macroeconomic courses, such as Financial Programming and Policies (FPP) and Macroeconomic Diagnostic (MDS), face-to-face or online."
    },
    {
      "heading": "Course description and scope",
      "content": "- Presented by the Institute for Capacity Development.\n- Comprehensive overview of:\n  - Monetary policy regimes.\n  - Monetary transmission mechanisms.\n  - Role of monetary policy in macroeconomic stabilization.\n- Approach:\n  - Bridges theory, empirical evidence, and operational experience.\n  - Illustrates optimization problems and tradeoffs in monetary policy decisions.\n  - Learning moves from lectures introducing basic policy concepts to hands-on workshops.\n  - Special focus on practical policy challenges in emerging market and developing economies.\n  - Case studies used to reinforce understanding and compare policy responses to various shocks under different monetary policy regimes.\n- Contemporary topics included:\n  - Evolving nature of monetary frameworks and central bank mandates with attention to environmental, social and governance principles.\n  - Recent crises that have dramatically changed the landscape in which central banks operate (beyond simple interest rate policies, with due consideration to Unconventional Monetary Policy and central bank communication).\n  - Recent evolution of central bank digital currencies and its implications for monetary policy transmission and operations."
    },
    {
      "heading": "Course objectives and practitioner outcomes",
      "content": "- Upon completion participants should be able to:\n  - Analyze how monetary policy decisions are made under various regimes to deliver price stability and meeting other objectives.\n  - Identify how these decisions are transmitted to the real economy.\n  - Evaluate how the economy and monetary policy respond to macroeconomic shocks under various monetary policy frameworks, demonstrated through a group presentation to their peers.\n- Central bank practitioner-specific outcomes:\n  - Design a sound monetary policy framework.\n  - Prescribe policies consistent with the framework chosen."
    }
  ],
  "bullets": [
    "Session No.: CE 25.04",
    "Deadline passed",
    "Location: Kuwait City, Kuwait",
    "Date: January 26, 2025 - February 6, 2025 (2 weeks)",
    "Delivery Method: In-person Training",
    "Primary Language: English",
    "Target Audience: Junior to mid-level officials from emerging markets and low-income countries interested in understanding and analyzing the conduct of monetary policy and its interaction with the rest of the economy.",
    "Qualifications:",
    "Presented by the Institute for Capacity Development.",
    "Comprehensive overview of:",
    "Approach:",
    "Contemporary topics included:",
    "Upon completion participants should be able to:",
    "Central bank practitioner-specific outcomes:"
  ],
  "alternates": {
    "markdown": "/en/capacity-development/training/icdtc/schedule/ce/2025/mpce25-04/index.md",
    "json": "/en/capacity-development/training/icdtc/schedule/ce/2025/mpce25-04/index.json",
    "bundleManifest": "/en/capacity-development/training/icdtc/schedule/ce/2025/mpce25-04/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-29T17:00:41.727Z"
}