“What was most useful was being in a room with other colleagues because it not only tested our knowledge but expanded it as well. The case studies were relevant and really applied to what we learned in the lectures.”

“I liked it when we used to have the case studies after each lecture for it helps a lot to furthermore understanding of how to apply these concepts and methods to whatever situation we have in our own countries. It’s better this way.”

Participants’ Comments
Participants of the Government Finance Statistics, April 2019

“Thank you for the two week MDS Course. It is very useful in many ways: it is more practical since there are workshops following each lecture. The lectures cover all sectors in the economy and emphasize the linkages between them. That is how we can conduct proper macroeconomic diagnosis. Lecturers are very experienced. I am confident that I will be able to apply the techniques and concepts I learnt from this course, to the context of Cambodia economy.”

Mon Sreyleak
Section Chief, National Bank of Cambodia, December 2018

“I was privileged to have joined the course on Macroeconomic Diagnostics in Siem Reap during the last 2 weeks. It is actually an eye-opening training course, equipped with useful tools for detailed analysis of each main sector in the economy. As a policy maker, this tool is very important in keeping me informed of the condition of an economy and where necessary, introduce the most suitable policy/remedy to bring the economy back on track.”

Narin Kruy
Deputy Director, Ministry of Economy and Finance, December 2018

“I would like to take this opportunity to appreciate the IMF team in their excellent performance. The role playing was very impressive and very close to the reality.”

“With this seminar, I have learnt about so many relevant areas of my work which I can take back to my country and share with my colleagues and try implementing for the improvement.

“I liked the lecturers’ way of presentation as they made it as simple as possible for us to understand while also delivering the advanced topics.”

“I would say the sessions on risk management, audit committee and the internal audit part were most useful to me as we are still struggling with the revision of our charters. The course made me understand much about the structure and reporting procedures and compositions.”

Participants’ Comments
Participants of the Safeguards Assessments of Central Banks, October 2018

“The High-Level Peer-to-Peer Forum on Monetary Policy in the ASEAN countries held in Singapore on July 9-10, 2018, was an extraordinarily well-organized and effective event. Representatives from ASEAN central banks gave detailed and transparent policy presentations on their different approaches to inflation targeting. The exchange of views (with the IMF and other international experts)—whether related to upcoming global challenges or local policy implementation—represented genuine progress toward improved monetary policy in the region.”

Please see Professor John Taylor’s Keynote Speech → Link

Professor John B. Taylor
Stanford University and The Hoover Institution, Keynote Speaker and Forum Participant (July 10, 2018)

The IMF Institute for Capacity Development (ICD) was established in 1964 to provide training in economic management to officials of the IMF’s member countries. Training is delivered at IMF Headquarters in Washington, D.C., through IMF regional training centers, in collaboration with other regional training institutions and national governments, and through online courses in partnership with edX. ICD is pleased to introduce our improved curriculum which is a result of a detailed review and redesign of the IMF course offerings with the aim to complement and enhance the IMF’s work. The new program better integrates with members’ needs and the IMF core mandate by clarifying course objectives, sharpening the focus of courses, minimizing overlaps, and establishing clearer sequencing across courses while also introducing new material.

The IMF’s partners in Asia tell the story of how the IMF – Singapore Regional Training Institute helps boost the economic policymaking capacity of countries in the region.

“Policymaking has become more complex and multifaceted, so policymakers need to have the requisite skills, knowledge, and judgment to be able to deal with this complex global environment. Hence the importance of capacity development in the region.”

Leong Sing Chiong
Assistant Managing Director, Monetary Authority of Singapore

“The Directors of Training Meeting is a useful platform for all heads of training institutions to discuss pertinent issues related to capacity building, and to review how the STI can better meet the demand for specialized economic and financial courses in the Asia-Pacific region.”

Heng Aik Yeow
Director-General, Technical Cooperation Directorate, Ministry of Foreign Affairs, Singapore

“The IMF is a world thought leader in fiscal and monetary policy; however, it’s also a neutral thought leader. It doesn’t provide you with the Japanese view, the American view, the European view, or the Australian view.  It provides you with a global view that’s made up of every one of its member states. So it’s mutual, it’s based on partnership. It’s not telling you what to think: it’s exchanging ideas.”

Michael Feller
Third Secretary, Economic, Australian High Commission, Singapore

“Old schools of thought should not be thrown away, but we need to keep abreast of new developments.”

Naomi Kedea
Director, Human Resources Department, Bank of Papua New Guinea

“The training courses reflect the IMF’s own experience globally. That’s why their courses are important to us — the IMF’s global presence makes training, I think, far more effective than that of other organizations.”

Visakha Amarasekere
Director, Department of External Resources, Ministry of Finance, Sri Lanka

“At the STI, learning is not just in the classroom, but also through the interactions and the sharing of experiences with the participants. That is something our employees really value.”

Iñigo Regalado
Deputy Director, Bangko Sentral ng Pilipinas Institute, Bangko Sentral ng Pilipinas, Philippines