## Emergency Liquidity Assistance

## Source details

**Canonical URL:** [Emergency Liquidity Assistance](https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2025/elasa25-17)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/sa/2025/elasa25-17/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/sa/2025/elasa25-17/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/sa/2025/elasa25-17/bundle-manifest.json)

## Bibliographic details
- Session: SA 25.17
- Location: New Delhi, India
- Dates: March 24-27, 2025 (1 week)
- Delivery method: In-person Training
- Primary language: English
- Status: Deadline passed

---

### Target audience and qualifications
- Target Audience:
  - Central bank officials involved in implementing Emergency Liquidity Assistance/Last Resort Loan.  
- Qualifications:
  - Background in economics or finance.
  - Relevant work experience in central banking.
  - Basic knowledge of operational aspects of liquidity assistance.

### Course description and core topics
- Organized by the IMF South Asia Regional Training and Technical Assistance Center (SARTTAC) in collaboration with the IMF Capacity Development Office in Thailand (CDOT).
- Focus: primary challenges faced by central banks in emerging markets and developing economies regarding Emergency Liquidity Assistance (ELA).
- Core topics:
  - Conditions for ELA.
  - Parameters and conditionality for ELA operations.
  - Internal organization and governance of ELA implementation.
  - Building blocks of a collateral framework, including:
    - eligibility,
    - valuation,
    - risk control measures.
- Pedagogical approach:
  - Lectures and discussions.
  - Selected country case studies.
  - Practical training.
  - Culminating panel discussion to summarize insights and identify opportunities for enhancing implementation efforts.

### Course objectives
- Enhance understanding of the ELA framework among central bank officials.
- Identify challenges and solutions related to implementing ELA in emerging markets.
- Explore the role of collateral in ELA operations.
- Discuss the parameters and conditionality associated with ELA frameworks.
- Facilitate knowledge sharing through country case studies and practical workshops.
- Explore the role of communication and transparency in ELA processes while balancing the legitimate need for confidentiality.

---


## References

- [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Vulnerability Diagnostics (VDS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/jv/2026/vdsjv26-38)
- [Macro-relevant Environment and Climate Change Statistics (CCS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/hq/2027/ccshq27-01)
- [Investor Relations and Sovereign Bond Issuance (LCBM)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2026/lcbmsa26-44)
- [Fintech Market Development and Policy Implications (FINTECH)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/st/2026/fintechst26-23)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2025/elasa25-17_