IMF - Singapore | Regional Training Institute (STI)

The outlook for the Asia-Pacific region is bright. Many countries continue to grow, helped by healthy business activity and robust government policies. But new challenges are manifold. Commodity prices have remained low, limiting resources in commodity-exporting economies when public and social spending needs are high. Technological and financial innovation are pushing at the frontiers of modern life, but also put new demands on supervision, regulation, and policy making.

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Director's Message

Dear Scholars, Learners, and STI Training partners:

I hope this message finds you safe and well.

During the last few months, the world has become a smaller place as countries around the globe face similar challenges and needs for mutual support. As the IMF Managing Director, Kristalina Georgieva, noted in a recent speech: “Exceptional times require exceptional actions” to save lives, protect livelihoods, and prepare for the recovery. Continued knowledge sharing and dialogue with experts has become an important ingredient in this process.

I am pleased to announce that the IMF – Singapore Regional Training Institute (STI) is launching new training modalities attuned to challenges from the COVID-19 pandemic.

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Message On New Training *NEW*

In-person IMF courses and workshops adapted for remote delivery. The revised curriculum provides material for in-depth study, updated with COVID-19 material, and new hands-on exercises.

Click here to see schedule.

STI Remote Training

STI Remote Training *NEW*

Up-to-date information on COVID-19 related policy analysis drawing from a Special IMF Series on COVID 19.

Talks are interactive and provide practical advice on a wide range of topics.

Click here to see the schedule.

COVID-19 IMF Expert Webinar

Expert Webinar Series *NEW*

Video: Fifth STI Directors of Training Meeting on February 28 - March 1, 2019

IMF Managing Director, Kristalina Georgieva, met Singapore PM, Lee Hsien Loong, at the ASEAN Summit and thanked him for Singapore's generous support of STI.

Click here to see the tweet

The attendees at IMF High-Level Forum on Central bank Communications in ASEAN-5 countries engaged in a lively exchange on what, how and to whom to communicate. The forum underscored the need for central banks to develop effective communication strategies and adapt them to a rapidly evolving communications landscape. 4-5 Dec Singapore.

How do central banks communicate effectively?

Watch a video from the STI and Singapore Resident Representative Office.

Click here to watch the video

STI Festive Greetings Video

Happenings at STI

20 years of Capacity Development in Singapore

The IMF-STI Executive Committee met on 14 Dec 2018 to review STI’s past activities and discuss plans and priorities for 2019. We are grateful to our sponsors and collaborators for their support in the past 20 years and look forward to more years of raising the capacity of the countries in the region.

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Mr. Kentaro Ogata (Ministry of Finance, Japan) and Mr. Ng Yao Loong (Monetary Authority of Singapore) receiving the 20th Anniversary Brochure from Mr Stephan Danninger (STI)

20 years of CD in Singapore

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.

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Participants’ Comments - Safeguards Assessments of Central Banks (ST18.23)

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

"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

“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

Professor John B. Taylor

Participants at the Macroeconomic
Diagnostics Course in Siem Reap said: