## Macroeconomic Diagnostics (MDS)

## Source details

**Canonical URL:** [Macroeconomic Diagnostics (MDS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/hq/2026/mdshq26-09)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/hq/2026/mdshq26-09/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/hq/2026/mdshq26-09/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/hq/2026/mdshq26-09/bundle-manifest.json)

## Bibliographic details
- Session: HQ 26.09
- Location: Washington, D.C., United States
- Dates: September 14-25, 2026 (2 weeks)
- Delivery method: In-person Training
- Primary language: Spanish
- Status: Deadline passed

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### Program overview and logistics
- Session No.: HQ 26.09
- Location: Washington, D.C., United States
- Date: September 14-25, 2026 (2 weeks)
- Delivery Method: In-person Training
- Primary Language: Spanish
- Registration status: Deadline passed

### Target audience and qualifications
- Target Audience:
  - Officials from central banks and ministries of finance or economy who are directly involved in diagnosing the state of the macroeconomy and making projections.
- Qualifications:
  - Participants are expected to have an advanced degree in economics or equivalent experience, good quantitative skills, and proficiency in the use of Microsoft Excel.

### Course description
- Purpose:
  - Strengthen participants' ability to comprehensively assess a country's macroeconomic situation.
- Key diagnostic areas covered:
  - Current state of the economy.
  - Stance of fiscal and monetary policy.
  - Financial stability.
  - Exchange rate.
  - Vulnerabilities in the different sectors.
  - Medium-term outlook, especially the sustainability of public and external debt.
- Approach:
  - Emphasizes practical tools for day-to-day macroeconomic analysis.
  - Relies on case studies relevant to the region where the course is given to illustrate application of tools and contribution to policymaking.

### Course objectives (learning outcomes)
- Upon completion of this course, participants should be able to:
  - Analyze potential output, calculate output gaps, and diagnose the outlook for the economy.
  - Assess the stance of current fiscal, monetary, exchange rate, and financial policies.
  - Assess macro-financial linkages, including through the analysis of financial sector soundness indicators.
  - Assess the medium-term prospects of the economy, especially the sustainability of public and external debt.
  - Identify possible external and internal economic risks and vulnerabilities to economic growth and develop policies to address them.

---


## 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)
- [Macroeconomic Management in Resource Rich Countries (MRC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/mrcce26-44)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/hq/2026/mdshq26-09_