## Virtual: Monetary Policy Implementation under an evolving monetary policy framework

## Source details

**Canonical URL:** [Virtual: Monetary Policy Implementation under an evolving monetary policy framework](https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2021/mpfosa21-45v)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/sa/2021/mpfosa21-45v/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/sa/2021/mpfosa21-45v/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/sa/2021/mpfosa21-45v/bundle-manifest.json)

## Bibliographic details
- Session: SA 21.45V
- Location: New Delhi, India
- Dates: September 12-23, 2021 (2 weeks)
- Delivery method: Virtual Training
- Primary language: English

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### Overview
- Session No.: SA 21.45 V
- Location: New Delhi, India
- Date: September 12-23, 2021 (2 weeks)
- Delivery Method: Virtual Training
- Primary Language: English
- Invitation: Training Program offered for Bangladesh Bank staff

### Target audience and qualifications
- Targets mid-level and technical staff in central banks of the Bangladesh Bank who are directly involved in advising on or carrying out monetary policy analysis, policy implementation, and market operations.
- Participants are expected to work in either a monetary policy department and/or a department involved in the operational aspects of monetary policy.

### Course description
- The Monetary Policy Implementation Course designed for the Bangladesh Bank seeks to provide a thorough theoretical and practical background for implementing an interest-rate focused monetary policy framework.
- Lectures cover monetary policy implementation topics including money market operations, liquidity forecasting, and liquidity management frameworks.
- Lectures are complemented with hands-on exercises simulating the liquidity committee decision-making process.
- The program includes ample room for in-depth discussions and Q&A.

### Course objectives
- Prepare Bangladesh Bank staff to move from a reserve money target to interest operating target.
- Improve understanding of operating on an interest rate corridor and conducting open market operations.
- Develop an adequate liquidity monitoring and forecasting framework.
- Prepare the inputs for the liquidity committee.

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## References

- [Virtual 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/sa/2021/mpfosa21-45v_