## Macroeconomic Management in Resource-Rich Countries

## Source details

**Canonical URL:** [Macroeconomic Management in Resource-Rich Countries](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/mrcxol26-179)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ol/2026/mrcxol26-179/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ol/2026/mrcxol26-179/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ol/2026/mrcxol26-179/bundle-manifest.json)

## Bibliographic details
- Session: OL 26.179
- Location: Course conducted online
- Dates: May 1, 2026 - April 15, 2027 (50 weeks)
- Delivery method: Online Training
- Primary language: English
- Status: Apply online by April 1, 2027 Deadline extended

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### Target audience and qualifications
- Target Audience:
  - All government officials are welcome to register.
  - Particularly useful for officials from central banks, ministries of finance, and other government agencies involved in the design and execution of policies in resource-rich countries (RRCs).
  - The course is offered in English, French, and Russian.
- Qualifications:
  - Some knowledge of economics would be helpful.
  - Basic Microsoft Excel skills and access to a computer with a reliable internet connection are essential.

### Course description
- The course discusses macroeconomic policy issues and challenges faced by resource-rich countries (RRCs).
- It provides participants with an understanding of:
  - the macroeconomics of growth and diversification,
  - fiscal policy management,
  - macroeconomic policy coordination,
  - public-sector asset management in RRCs.

### Course objectives
- Upon completion of this course, participants should be able to:
  - Analyze economic performance in resource-rich countries, including in terms of growth, inclusiveness, diversification, and sustainability.
  - Design appropriate fiscal frameworks, applying suitable fiscal benchmarks to determine whether to consume, save, or invest the proceeds from the sale of natural resources.
  - Identify the appropriate macroeconomic policy responses to commodity price shocks.
  - Design policies to promote transparency in natural resource management.

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## References

- [Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Apply Now](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.179E)
- [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/ol/2026/mrcxol26-179_