{ "title": "Monetary Policy Implementation", "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2026/mpissa26-22", "canonical": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2026/mpissa26-22", "overlayPath": "/en/capacity-development/training/icdtc/schedule/sa/2026/mpissa26-22/index.md", "summary": "Back to top Qualifications Participants are expected to have a degree in economics or finance; work experience at central bank; and working knowledge of Excel.", "publishDate": "2026-02-09", "sections": [ { "heading": "Training Program Overview", "content": "- Event: Monetary Policy Implementation offered by the IMF South Asia Regional Training and Technical Assistance Center (SARTTAC).\n- Session No.: SA 26.22\n- Location: Thimphu, Bhutan\n- Date: April 13-16, 2026 (1 week)\n- Delivery Method: In-person Training\n- Primary Language: English\n- Status: Deadline passed" }, { "heading": "Course Description", "content": "- Purpose: Explore challenges faced by central banks in emerging markets and developing economies regarding monetary policy implementation.\n- Core topics covered:\n - Modernization of the monetary policy framework.\n - Establishing and understanding various forms of the interest rate corridor.\n - Fundamentals of liquidity monitoring and forecasting.\n - Development of money markets and interest rate benchmarks.\n - Reserve requirements.\n - Central bank collateral framework.\n - Communication and transparency of monetary operations.\n- Format:\n - Blend of lectures and discussions.\n - Ample time allocated for individual central bank case studies.\n - Peer-to-peer learning emphasized due to diverse monetary policy implementation frameworks among participating central banks.\n - Workshop concludes with a panel discussion to summarize key takeaways and identify opportunities for improving implementation.\n- Link to SARTTAC technical support: The panel will build upon technical support already provided by SARTTAC to its member and beneficiary central banks." }, { "heading": "Course Objectives", "content": "Upon completion of the course, participants should be able to:\n- Understand the Monetary Policy Implementation among central banks of SARTTAC member countries.\n- Foster collaboration and exchange of experiences between central banks in the region.\n- Find effective solutions to the issues and challenges they are currently facing in monetary policy implementation.\n- Access specific additional training and TA needs of individual central banks.\n- Solicit interest in conducting CB Transparency reviews as a toll to enhance accountability and safeguard transparency." }, { "heading": "Target Audience and Qualifications", "content": "- Target Audience: Central banks officials working on monetary policy and operations.\n- Qualifications:\n - Expected to have a degree in economics or finance.\n - Work experience at central bank.\n - Working knowledge of Excel." }, { "heading": "Related IMF Training Schedule (selected listings from the same program schedule)", "content": "- Integrating Basel III Liquidity Standards with ILAAP A Framework for Effective Liquidity Risk Management — English (Arabic) | October 4-8, 2026 | In-person Training | Kuwait City, Kuwait\n- Climate in Macroeconomic Framework (CMF) — English (French, Portuguese) | November 16-20, 2026 | Blended Training | Ebene, Mauritius\n- Big Data for Macroeconomic Statistics (BDMS) — English (French, Portuguese) | October 26-30, 2026 | In-person Training | Ebene, Mauritius\n- Financial Development and Financial Inclusion (FDFI) — English (French, Portuguese) | November 16, 2026 - December 11, 2026 | Blended Training | Ebene, Mauritius" } ], "bullets": [ "Event: Monetary Policy Implementation offered by the IMF South Asia Regional Training and Technical Assistance Center (SARTTAC).", "Session No.: SA 26.22", "Location: Thimphu, Bhutan", "Date: April 13-16, 2026 (1 week)", "Delivery Method: In-person Training", "Primary Language: English", "Status: Deadline passed", "Purpose: Explore challenges faced by central banks in emerging markets and developing economies regarding monetary policy implementation.", "Core topics covered:", "Format:", "Link to SARTTAC technical support: The panel will build upon technical support already provided by SARTTAC to its member and beneficiary central banks.", "Understand the Monetary Policy Implementation among central banks of 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.", "Target Audience: Central banks officials working on monetary policy and operations.", "Qualifications:", "Integrating Basel III Liquidity Standards with ILAAP A Framework for Effective Liquidity Risk Management — English (Arabic) | October 4-8, 2026 | In-person Training | Kuwait City, Kuwait", "Climate in Macroeconomic Framework (CMF) — English (French, Portuguese) | November 16-20, 2026 | Blended Training | Ebene, Mauritius", "Big Data for Macroeconomic Statistics (BDMS) — English (French, Portuguese) | October 26-30, 2026 | In-person Training | Ebene, Mauritius", "Financial Development and Financial Inclusion (FDFI) — English (French, Portuguese) | November 16, 2026 - December 11, 2026 | Blended Training | Ebene, Mauritius" ], "alternates": { "markdown": "/en/capacity-development/training/icdtc/schedule/sa/2026/mpissa26-22/index.md", "json": "/en/capacity-development/training/icdtc/schedule/sa/2026/mpissa26-22/index.json", "bundleManifest": "/en/capacity-development/training/icdtc/schedule/sa/2026/mpissa26-22/bundle-manifest.json" }, "generatedAtUtc": "2026-09-29T20:14:08.771Z" }