Course details
Target Audience:
This special offering of the DSAx is conducted as a Massive Open Online Course (MOOC). It is open to all audiences. Participation is free. All government officials are encouraged to register. This course is particularly relevant for officials from ministries of finance, debt agencies, central banks, or other government agencies involved in advice or implementation of macroeconomic and debt policies.
Requirements/Qualifications:
Access to a computer with a reliable Internet connection using Google Chrome web browsers and proficiency in Excel are essential.
Course Description:
This course is presented by the IMF's Institute for Capacity Development, Strategy Policy and Review Department, Monetary and Capital Markets Department, Fiscal Affairs Department, and Research Department. It aims to provide a comprehensive overview of debt sustainability analysis and a medium-term debt management strategy framework as performed by the IMF and the World Bank.
The course will:
- introduce the main principles of debt sustainability
- cover recently updated DSA frameworks-both for advanced and emerging markets and for low-income countries-with an emphasis on country data
- present a medium-term debt management strategy (MTDS) framework; and
- illustrate debt sustainability analysis under uncertainty.
The course features short video lectures interspersed with interactive exercises and includes a discussion forum to allow participants to network and discuss the course content. Weekly assignments will be computer-graded and subject to strict deadlines. The expected workload is 6-9 hours a week.
Updated on 08 November, 2015About IMF Institute
The IMF Institute for Capacity Development (ICD) organizes courses for officials from Arab League member countries at the CEF in Kuwait. The CEF's activities are generously sponsored and funded by the Government of Kuwait. The primary purpose of the CEF is to strengthen the skills of officials from Arab League countries in economic analysis and diagnosis, and in formulating and implementing effective economic and financial policies. The IMF will be the principal training provider for the CEF in the area macroeconomic management. Training outside the core areas of expertise of the IMF will be delivered by other organizations, such as, the World Bank, WTO, and OECD. Furthermore, and in line with the CEF's objective to collaborate closely with regional institutions, the CEF started recently to conduct some joint training courses with the Arab Monetary Fund in Abu Dhabi. Courses are offered generally in Arabic or in English with interpretation into Arabic.
Selection Process:
Courses are by invitation only. Candidates are nominated by government agencies upon the request of the CEF.Observer Policy: The Institute for Capacity Development's policy for participation by IMF local staff and officials from non-program advanced economies in our regional training centers is that they will be given "Observer" status since these centers are run with the assistance of donor financing. Attending as an Observer provides the same access to course content and activities, but all associated costs (accommodation, travel and per diem) need to be covered by the sponsoring institution.
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