Monetary Policy Implementation
Source details
- Canonical URL
- Monetary Policy Implementation
Other formats
Bibliographic details
- Session: SA 24.45
- Location: Bangkok, Thailand
- Dates: December 2-6, 2024 (1 week)
- Delivery method: In-person Training
- Primary language: English
- Status: Deadline passed
Training Program Overview
- Session No.: SA 24.45
- Location: Bangkok, Thailand
- Date: December 2-6, 2024 (1 week)
- Delivery Method: In-person Training
- Primary Language: English
- Status: Deadline passed
- Organizer: IMF Capacity Development Office in Thailand (CDOT) in collaboration with the IMF South Asia Regional Training and Technical Assistance Center (SARTTAC)
Target Audience and Qualifications
- Target audience:
- Central banks officials working on monetary policy and operations.
- Qualifications:
- Degree in economics or finance.
- Work experience at central bank.
- Working knowledge of Excel.
Course Description — themes and curriculum
- Purpose: Explore challenges faced by central banks in emerging markets and developing economies regarding monetary policy implementation.
- Topics covered:
- Modernization of the monetary policy framework.
- Establishing and understanding various forms of the interest rate corridor.
- Fundamentals of liquidity monitoring and forecasting.
- Development of money markets and interest rate benchmarks.
- Reserve requirements.
- Central bank collateral framework.
- Communication and transparency of monetary operations.
- Methodology:
- Blend of lectures, discussions, and case studies from different countries.
- Concluding panel discussion to summarize key takeaways and identify opportunities for improving implementation.
Program Outcomes and Objectives
- Upon completion, participants should be able to:
- Understand the Monetary Policy Implementation among central banks of CDOT and SARTTAC member countries.
- Foster collaboration and exchange of experiences between central banks in the region.
- Find effective solutions to the issues and challenges they are currently facing in monetary policy implementation.
- Access specific additional training and TA needs of individual central banks.
- Solicit interest in conducting CB Transparency reviews as a toll to enhance accountability and safeguard transparency.
References