## Capacity Development Work ## Source details **Canonical URL:** [Capacity Development Work](https://www.imf.org/en/capacity-development/what-we-do) ## Other formats - [Markdown version](/en/capacity-development/what-we-do/index.md) - [Structured JSON version](/en/capacity-development/what-we-do/index.json) - [Bundle manifest](/en/capacity-development/what-we-do/bundle-manifest.json) --- ### Introduction to Capacity Development - The IMF serves as a global hub for knowledge on economic and financial issues, with world-leading expertise and a repository of experience on which policies work, why they unleash growth, and how best to implement them. - The IMF shares knowledge with member countries through hands-on advice, training and peer-to-peer learning to help governments modernize institutions and devise economic policies that support growth, stability, and jobs creation. - Capacity development is part of the IMF’s core mandate — along with tracking economic developments and lending to countries that experience crises. ### Public Finances - Purpose: Advise governments on raising revenues and effectively managing expenditure to enable better public services such as schools, transport, or hospitals. - Illustrative outcomes: - In Mongolia, the Ministry of Finance boosted the tax-to-GDP ratio by 5 percent from 2020 to 2024, resulting in a $1 billion increase in revenue. - In the Republic of Congo, capacity development is helping phase out costly and regressive fuel subsidies. - Cabo Verde increased tax compliance through digitalization, third-party data collection and cross-matching. - IMF areas of expertise in fiscal management: - Tax policy - Tax and customs administration - Expenditure policy - Budget formulation - Public financial management - Fiscal policy and institutional frameworks - Cash and Forecasting Analysis Tool (CFAT) | User Guide on CFAT for Fragile and Low-Income Countries - Global Public Finance Partnership - Tax Administration Diagnostic Assessment Tool (TADAT) ### Monetary Policy and Financial Stability - Purpose: Work with central banks to modernize financial systems—such as exchange rate, inflation and debt policy—and banking supervision to improve financial stability and support domestic growth and international trade. - Illustrative outcomes: - Review of Sierra Leone’s financial stability framework provided the central bank with a toolbox to build banking supervision and systemic risk monitoring. - Nepal has enhanced its data availability and quality for monitoring financial stability. - In Uzbekistan, the central bank pushed an ambitious reform agenda, developing instruments to assess and monitor systemic risks and increasing the effectiveness of the central bank’s financial stability decisions. - IMF areas of expertise in monetary policy and financial stability: - Monetary and exchange rate policy - Central bank operations, governance, accounting or communications - Financial supervision and regulation - Systemic risk analysis - Financial crisis management - Debt management - Financial Sector Stability Fund (FSSF) - Debt Management Facility (DMF) ### Legal Frameworks - Purpose: Help countries align legal and governance frameworks to international standards to enable sound financial reforms, fight corruption and combat money laundering and terrorism financing. - Illustrative outcomes: - The IMF supported Jamaica’s overhaul of governance, leading to the country’s removal from the Financial Action Task Force’s grey list. - In Namibia, IMF assistance led to significant legal and institutional reforms. - Benin, Chad, Comoros, Costa Rica, Equatorial Guinea, Gabon, Guinea-Bissau, Haiti, Mali, Mauritania, and Uganda were supported in enhancing transparency and accountability, preventing conflicts of interest and corruption. - IMF areas of expertise in legal frameworks: - Financial institutions and market infrastructures - Central banking and macro prudential oversight - Tax, fiscal, and exchange systems' laws - Insolvency and creditor rights - Anti-money-laundering/combating the financing of terrorism - Anti-Money Laundering/Combating the Financing of Terrorism ### Statistics - Purpose: Assist countries with compilation, management and reporting of macroeconomic and financial statistics to improve understanding of economies, identify vulnerabilities and risks, and attract international investors. - IMF areas of expertise in statistics: - Multisector statistical issues - National accounts and price statistics - Government finance statistics - Balance of payments, external debt, foreign direct investment, and international investment position - Monetary and financial statistics and financial soundness indicators - Data dissemination standards - Notable materials referenced: - 2026 Statistics Capacity Development at a Glance — Main Report - Data for Decisions (D4D) Phase II Program Brochure - Japan-IMF Bilateral Statistics Program (JSA) Brochure - Data for Decisions Fund (D4D) ### Macroeconomic Frameworks - Purpose: Strengthen authorities’ ability to forecast, analyze, design, and implement sound economic policies, deepen policy dialogue, and facilitate peer-to-peer learning. - Illustrative training and tools: - The Financial Programming and Policies course covers features of the main sectors of the economy, linkages between them, diagnosing macroeconomic imbalances and designing adjustment policies. - Macroeconomic frameworks training areas: - Financial sector policies - General macroeconomy and fiscal policy - Monetary, exchange rate, and capital accounts policies - Structural policies - Technical assistance and tools available on request: - Financial programming frameworks and model-augmented financial programming frameworks - Semi-structural and structural models - Public debt dynamics - Nowcasting and near-term forecasting - Potential output analysis - Natural disaster-related risks and adaptive investment effect - Brochure: “Forecasts in Action: Building Capacity in Macroeconomic Policy Analysis” (AR | EN | FR | ES) --- ## Content in this bundle - **User Guide on CFAT for Fragile and Low-Income Countries** - [User Guide on CFAT for Fragile and Low-Income Countries (Markdown version)](/-/media/files/capacity-developement/home/eng-cash-flow-forecasting-in-fragile-and-low-income-states-guidance-note.pdf.md){rel="alternate" type="text/markdown"} - [User Guide on CFAT for Fragile and Low-Income Countries (PDF)](/-/media/files/capacity-developement/home/eng-cash-flow-forecasting-in-fragile-and-low-income-states-guidance-note.pdf){rel="external" type="application/pdf"} - **Main Report** - [Main Report (Markdown version)](/-/media/files/data/statistics/2026-statistics-capacity-development-at-a-glance.pdf.md){rel="alternate" type="text/markdown"} - [Main Report (PDF)](/-/media/files/data/statistics/2026-statistics-capacity-development-at-a-glance.pdf){rel="external" type="application/pdf"} - **Data for Decisions** - [Data for Decisions (Markdown version)](/-/media/files/data/statistics/data-for-decisions-d4d-phase-ii-program-brochure.pdf.md){rel="alternate" type="text/markdown"} - [Data for Decisions (PDF)](/-/media/files/data/statistics/data-for-decisions-d4d-phase-ii-program-brochure.pdf){rel="external" type="application/pdf"} - **Japan-IMF Bilateral Statistics Program** - [Japan-IMF Bilateral Statistics Program (Markdown version)](/-/media/files/data/statistics/japanimf-bilateral-statistics-program-jsa-brochure.pdf.md){rel="alternate" type="text/markdown"} - [Japan-IMF Bilateral Statistics Program (PDF)](/-/media/files/data/statistics/japanimf-bilateral-statistics-program-jsa-brochure.pdf){rel="external" type="application/pdf"} - **إعداد التنبؤات في الممارسة العملية** - [إعداد التنبؤات في الممارسة العملية (Markdown version)](/-/media/images/imf/capacity-development/arabic-forecasts-into-action.pdf.md){rel="alternate" type="text/markdown"} - [إعداد التنبؤات في الممارسة العملية (PDF)](/-/media/images/imf/capacity-development/arabic-forecasts-into-action.pdf){rel="external" type="application/pdf"} - **English Forecasts Into Action** - [English Forecasts Into Action (Markdown version)](/-/media/images/imf/capacity-development/english-forecasts-into-action.pdf.md){rel="alternate" type="text/markdown"} - [English Forecasts Into Action (PDF)](/-/media/images/imf/capacity-development/english-forecasts-into-action.pdf){rel="external" type="application/pdf"} - **French Forecasts Into Action** - [French Forecasts Into Action (Markdown version)](/-/media/images/imf/capacity-development/french-forecasts-into-action.pdf.md){rel="alternate" type="text/markdown"} - [French Forecasts Into Action (PDF)](/-/media/images/imf/capacity-development/french-forecasts-into-action.pdf){rel="external" type="application/pdf"} - **Spanish Forecasts Into Action** - [Spanish Forecasts Into Action (Markdown version)](/-/media/images/imf/capacity-development/spanish-forecasts-into-action.pdf.md){rel="alternate" type="text/markdown"} - [Spanish Forecasts Into Action (PDF)](/-/media/images/imf/capacity-development/spanish-forecasts-into-action.pdf){rel="external" type="application/pdf"} --- ## References - [Introduction to Capacity Development](https://www.imf.org/en/videos/view/6404600944112) - [Capacity Development Strategy](https://www.imf.org/en/capacity-development/strategy-policies) - [Regional Capacity Development Centers](https://www.imf.org/en/capacity-development/how-we-work) - [Training](https://www.imf.org/en/capacity-development/training) - [Financial Sector Stability Fund (FSSF)](https://www.imf.org/en/capacity-development/trust-fund/financial-sector-stability-fund-fssf) - [Anti-Money Laundering/Combating the Financing of Terrorism](https://www.imf.org/en/capacity-development/trust-fund/amlcft) - [Data for Decisions Fund (D4D)](https://www.imf.org/en/Capacity-Development/D4D/d4d-fund) _Source: https://www.imf.org/en/capacity-development/what-we-do_