Macroeconomic Policy Communication

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.

Participants are expected to have a degree in economics or equivalent experience.
Participants should be comfortable to speak, write, and present in English.
It is 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 offering practical, hands-on training in transparent and effective communication to enhance delivery of economic policy and reinforce accountability for authorities' actions.
Participants will gain essential concepts and tools needed to craft well-designed policy communications.
Course structured in two mandatory segments:
- Selected participants complete self-paced online modules.
- In-person, interactive workshop to apply and deepen learning.

Identify the basic principles and best practices on transparency and for communicating their institutions¿ 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), and fiscal policy (in the case of Ministries of Finance).
Identify drawbacks in their institutions 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.