## Nowcasting (NWC)

## Source details

**Canonical URL:** [Nowcasting (NWC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/nwcce26-09)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ce/2026/nwcce26-09/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ce/2026/nwcce26-09/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ce/2026/nwcce26-09/bundle-manifest.json)

## Bibliographic details
- Session: CE 26.09
- Location: Rabat, Morocco
- Dates: February 2-13, 2026 (2 weeks)
- Delivery method: In-person Training
- Primary language: English
- Status: Deadline passed

---

### Training Program Overview
- Session No.: CE 26.09
- Location: Rabat, Morocco
- Date: February 2-13, 2026 (2 weeks)
- Delivery Method: In-person Training
- Primary Language: English
- Status: Deadline passed
- Organizer: Institute for Capacity Development, IMF

### Target Audience and Qualifications
- Target Audience:
  - Junior and middle-level officials from ministries of finance, central banks, and other interested public institutions.
- Qualifications:
  - Advanced degree in economics or equivalent experience.
  - Basic understanding of time-series econometrics.
  - Comfortable using EViews (econometric software package).
  - Strongly recommended: completion of a few general macroeconomic courses, such as Macroeconomic Forecasting and Analysis (MFA) or Macroeconomic Diagnostic (MDS), face-to-face or online.

### Course Description
- The course, presented by the Institute for Capacity Development, provides participants with cutting-edge nowcasting tools that:
  - Familiarize participants with the concepts and methods to incorporate high-frequency economic indicators into the forecasting process.
  - Integrate this training into technical assistance on data compilation and dissemination.
- Pedagogy:
  - Each topic is complemented by hands-on workshops and assignments designed to illuminate the steps required to formulate a nowcasting model and generate a nowcast.

### Course Objectives
Upon completion of this course, participants should be able to:
- Understand and be proficient in the steps required to manage time-series data in EViews, estimate an OLS regression, and calculate its associated forecasts in EViews.
- Formulate several useful statistical procedures in EViews, including consolidation of time series from higher to lower frequencies; interpolation techniques; seasonal adjustment; and use of leading indicators.
- Identify appropriate high-frequency indicators and non-traditional data useful for nowcasting macroeconomic variables and prepare them for use in a nowcasting exercise.
- Formulate and estimate nowcasting models using several approaches (such as Bridge, MIDAS, and U-MIDAS estimators, etc.).
- Generate a nowcast from the base regression and consolidate competing forecasts using combination forecasts.
- Evaluate the accuracy of the nowcast using several forecasting performance indicators.
- Apply the nowcasting tools to their own country data and interpret the nowcast appropriately in policymaking settings.

### Additional Note
- IMF offers online training to government officials and the public. Click Learn more to find our current offerings.

---


## References

- [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)
- [Fiscal Sustainability (FS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fsce26-38)
- [Safeguards Assessments of Central Banks (SAC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/sacat26-30)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/nwcce26-09_