Courses 2016

CE16.01 - Bank Restructuring and Resolution

Course Date Course Number Attendance
Jan 10-14, 2016 CE16.01 By Invitation

Target Audience:
Mid- to senior level officials in central banks, ministries of finance, and agencies with responsibility for banking supervision and regulation, bank resolution, and the operation of financial safety nets.

Qualification:
Participants are expected to have a degree in economics, finance, accounting, or equivalent experience.

Language:
The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:
This course, presented by the IMF’s Monetary and Capital Markets department, provides a comprehensive overview of conceptual and operational issues related to bank restructuring and resolution. Major topics discussed during the course include:
Problem bank identification and supervision: overview of common causes of banking problems; supervisory approaches for dealing with weak banks; and techniques for quantifying systemic banking problems (asset quality reviews, stress tests);
Crisis preparedness: elements of effective resolution regimes—resolution authorities and inter-agency coordination; cross-border cooperation; legal safeguards; resolution funding; and recovery and resolution planning—using the Financial Stability Board’s Key Attributes of Effective Resolution Regimes as a guide; crisis simulations to test operational readiness; and role of deposit insurance and depositor preference;
Crisis containment: actions designed to contain emerging crises through emergency liquidity assistance, asset and liability guarantees to the banking system, and exceptional administrative measures to stop persistent liquidity outflows;
Systemic bank restructuring and resolution: early intervention measures—diagnosis, bank triage, and loss recognition; approaches for winding-down non-viable banks; governance of the restructuring process; policy considerations and instruments for public capital support;
Dealing with impaired assets: supervisory policies and strategies for the resolution of nonperforming loans; role of asset management companies.

CE16.101 - Public Investment Management

Course Date Course Number Attendance
Jan 10-14, 2016 CE16.101 World Bank – Governance Global Practice

Target Audience:
Mid-to senior-level officials at ministries of Finance, Ministry/Supreme Council for Planning, Planning or Finance units at sector ministries/agencies, and Supreme Audit Institution.

Qualification:
Participants should be involved in capital budget or project preparation, implementation, monitoring, or evaluation at the central, line ministry, or agency level.

Language:
The course is conducted in English with simultaneous interpretation into Arabic.

Overview:
The lack of good Public Investment Management (PIM) in some countries leads to myriad forms of inefficient use of resources. There can be a wide range of bad PIM practices that are economically and socially costly – from inadequate project appraisal and selection, to cost and time overruns during implementation, to absence of ex-post evaluation.

With the dramatic fall in hydrocarbon revenues over the past year, and with most forecasts calling for little or no improvement for the foreseeable future, it is an appropriate time to discuss and debate the components of effective and efficient public investment management reforms, the international standards underpinning transparent and reliable investment project development and budget formulation, execution and reporting, and ascertain whether there are any new and effective initiatives which can improve investment management efficiency and service delivery.

Course Description:

The PIM Training Course will focus on the following core themes:

Overview of the eight “must haves” in PIM: (1) investment guidance, project development, and preliminary screening; (2) formal project appraisal; (3) independent review of appraisal; (4) project selection and budgeting; (5) project implementation; (6) project adjustment; (7) facility operation; and (8) project evaluation;

Core Elements of Medium Term Budgeting and Strategic Planning: Medium-term macro-fiscal forecasting (top-down) and strategic planning aligned to bottom up (medium term) budgeting are important underpinnings of public investment. This theme will look more closely at the how to align investment projects with medium-term frameworks;

The Quality of Analysis in Guiding Project Selection and Appraisal: One of the most significant issues is the role of project appraisal and cost benefit analysis in guiding project selection. Though cost benefit analysis is a standard component of project appraisal in many countries, the quality of the analysis and the resulting analysis is not necessarily a significant factor in project selection. This theme will discuss the nature and role of project analysis in prioritization investment budgets and define various institutional arrangements that can create checks and balances on quality at the front-end during the implementation thereby reducing the risk of adverse project selection;

Unified Public Investment Management frameworks: explores the key challenges of managing infrastructure projects undertaken through “traditional procurement” or PPPs;

Strengthening Project Procurement, Implementation and Monitoring Arrangements: Monitoring of project implementation tends to be more focused on control for budget purposes and does not necessarily communicate the right information for managerial purposes or to assure value for money across the investment cycle. This theme will present how procurement, internal audit and ex-post reviews can be used more dynamically to improve investment project outputs;

The Nature of Infrastructure Financing: Private equity investment in traditionally public services, like water supply systems or roads, can provide part of the needed capital. This segment will look at the changing role of investment actors and the changing climate for public infrastructure investment financing.
For additional information concerning the content of the course, please address your inquiries to Mr. Michael G. Schaeffer: MSchaeffer@worldbank.org

CE16.02 - Tax Policy and Administration: Theory and Practice

Course Date Course Number
Jan 17-21, 2016 CE16.02

Target Audience:

Senior officials from the Ministry of Finance and the tax administration.

Qualification:

Participants are expected to have a degree in economics or a related field (for example, business administration), experience in producing analytical reports, and proficiency in Microsoft Excel. Participants are expected to be involved in advising their ministers on tax policy issues and/or in managing the tax administration. Examples of tasks include: undertaking policy analysis and evaluation; drafting policy memos; drafting tax laws; managing key elements of the tax administration, such as organizational issues, strategic planning, audit, dispute resolution, collections, information technology, etc.

Language:

The course is conducted in English with simultaneous interpretation into Arabic.

Course Description: This course (which contains lectures and break-out sessions) aims at broadening participant’s knowledge of main challenges facing governments in the design, administration, and monitoring of a modern tax system. It briefly outlines theoretical underpinnings of tax policy making, and discusses in detail its practice and implementation with a particular emphasis on the region. Participants will be encouraged to share their experiences and develop strategies to improve key elements of their tax systems and how they administer them. More specifically:

– Provide an overview of policy design principles and their implications for tax administration establishing linkages between tax policy and administration and how each function feeds into the other.

– Present an overview of key design issues for major taxes that form modern tax systems (e.g. broad-base consumption and income taxes, property taxes, small business tax regimes), and discuss approaches to tax policy making in various economic settings (e.g. countries rich in natural resources versus others).

– Discuss tax administration organization issues, by drawing on experiences from the region and other countries.

– Examine the challenges of tax administration in general and in particular for the various taxes forming a modern tax system.

CE16.103 - Regional SPS Workshop for Arab Countries

Course Date Course Number Sponsor
Jan 25-28, 2016 CE16.103 World Trade Organization

Target Audience:
Government officials involved at the policy or technical level with issues related to the WTO Agreement on the Application of Sanitary and Phytosanitary Measures (SPS).

Qualification:

Applications will be considered from government officials who:

(a) hold direct responsibilities in the SPS area, i.e. SPS notification authority or enquiry point; Codex, IPPC or OIE contact points; officials from a relevant Ministry in charge of coordinating SPS matters and international trade; and

(b) Possess a proven intermediate level of understanding of the principles and structure of the WTO, and of the principles and provisions of the SPS Agreement.

Preference will be given to those candidates that have successfully completed the WTO SPS E-Learning Course by the time of their application. All participants are expected to have completed the SPS E?Learning Course before the start of the workshop. The E-Learning Course is available at: http://ecampus.wto.org

Language:

The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:

The Regional SPS Workshop is designed with the purpose of making participants fully aware of the WTO SPS Agreement, its implementation, and the possible implications at the regional and national levels. The regional workshops also serve as an opportunity for government officials working on SPS matters in different developing countries to establish contact with their counterparts in other developing countries of the region, facilitating the exchange of information and the sharing of best practices related to the implementation of the SPS Agreement.

The workshop will combine lectures, exercises and interactive dialogues aimed at the exchange of experiences and positions among the different countries and institutions involved. The three international standard-setting organizations referred to in the SPS Agreement, i.e., the Codex Alimentarius Commission, the World Organisation for Animal Health (OIE), and the International Plant Protection Convention (IPPC) will also participate in this workshop with lectures and exercises in their respective field of expertise. The workshop will be tailored to the specific characteristics and needs of the region, encompassing, inter alia, the main provisions of the SPS Agreement, the work of the SPS Committee, transparency and technical assistance.

For additional information concerning the content and admission to WTO courses offered at the CEF, please address your inquiries to Mr. Samer Seif El-Yazal: samer.seif@wto.org

CE 16.03 - Financial Market Analysis*

Course Date Course Number Course Location
Jan 31 – Feb 11, 2016 CE16.03 Arab Monetary Fund (AMF) Abu Dhabi-UAE

Target Audience:

Junior to mid-level officials in central banks, ministries of finance, and regulatory agencies, who are interested in the fundamentals of financial analysis as part of the toolkit of policymakers.

Qualification:

Participants are expected to have an advanced degree in economics or equivalent experience. No background in finance is assumed, but participants must have some familiarity with basic techniques in statistics and probability. It is essential that participants are able to use Microsoft Excel.

Language:

The course is conducted in English only. Due to the technical nature of the course, English proficiency is a prerequisite.

Course Description: This two-week courseintroduces participants to the fundamentals of financial analysis that are part of the toolkit of policymakers. These tools are used to study the characteristics of various financial instruments and their pricing, as well as to analyze portfolios of assets and the basics of risk management. Topics include:

• Bond pricing, volatility, and convexity;

• Term structure of interest rates;

• Equity pricing;

• Asset allocation and diversification;

• Value at risk.

Workshops, which are an integral part of the course, require participants to apply the techniques presented.

CE16.05 - Legal Aspects of Monetary and Financial Stability

Course Date Course Number
Feb 7-11, 2016 CE16.05

Target Audience:
Public sector lawyers who are involved in central banking, oversight of financial market infrastructures, financial sector regulation/supervision, bank resolution, and crisis management.

Language:

The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:

This one-week course, presented by the IMF’s Legal Department, covers various aspects of the institutional and legal infrastructure that are necessary to support sound and efficient market-based financial systems. It therefore addresses the legal underpinnings of effective central banking, oversight of financial market infrastructures, financial sector regulation/supervision, bank resolution, and crisis management.

CE16.04 - Macroeconomic Diagnostics

Course Date Course Number
Feb 7-18, 2016 CE16.04

Target Audience:

Mid-to senior-level officials in central banks and ministries of finance or economy directly involved in diagnosing the state of the macroeconomy and making projections.

Qualification:

Applicants should have an advanced degree in economics or equivalent experience, good quantitative skills, and proficiency in the use of computers to analyze data.

Language:

The course is conducted in English only. Due to the technical nature of the course, English proficiency is a prerequisite.

Course Description:

This two-week courseaims to strengthen participants’ ability to assess a country’s macroeconomic situation, emphasizing practical tools for use in day-to-day macroeconomic analysis of developments in complex economies. The course draws heavily on actual country experiences, emphasizing diagnostic and analytic tools that typically are not well covered in macroeconomics textbooks or in university courses. The lectures and corresponding workshops cover three broad types of assessments:

The current state of the macroeconomy, including developments in aggregate productivity and demand, inflation, labor markets, asset markets, and the external sector.
Fiscal and monetary policies from a positive (rather than normative) perspective. Are these policies expansionary or contractionary? What impacts do these policies have on the macroenomy, and why?
Medium-term prospects for the country, including sustainability of public and external debt trajectories, potential misevaluation of the real exchange rate, and balance sheet vulnerabilities in a country’s financial sector, non-financial corporations, and public sector.

Participants are expected to actively participate in discussions throughout the course. For practical workshops that implement the diagnostic and analytical tools presented in the lectures, participants are divided into small groups, each directed by a counselor.

CE16.104 - Contemporary Issues in Reform of Public Procurement Policy and Practice

Course Date Course Number Sponsor
Feb 14-18, 2016 CE16.104 World Bank – Governance Global Practice

Target Audience:
Senior public officials involved in public procurement policy making, operations, oversight and audit.

Qualification:

Officials with experience in the development of public procurement policy, management of procurement operations, and/or oversight and auditing of public procurement.

Language:

The course is conducted in English with simultaneous interpretation into Arabic.

Course Description: This one-week course, presented by the World Bank’s Public Integrity and Openness Department within the Governance Global Practice, surveys contemporary trends in the reform and modernization of public procurement systems at the national, regional and international levels. The course, which is facilitated by international procurement specialists with global experience in public procurement policy and reform, addresses key topics including:

1) Strategic role of public procurement in addressing key regional priorities including service delivery, sustainable procurement and shared prosperity, emergency response and reconstruction, inclusive/socially accountable governance, anti-corruption and regional integration;

2) Strategic principles and practical approaches to public procurement reform and modernization based on experience in many countries;

3) Main issues in modernization of legal and institutional frameworks for public procurement, including the role of international instruments (e.g., the new World Bank Procurement Policy, the UNCITRAL Model Law on Procurement, the OECD Methodology for Assessing Procurement Systems, the WTO Agreement on Government Procurement, and the EU Procurement Directives);

4) Modernization of procurement procedures for value for money, responsive service delivery and transactional efficiency, e.g., a. framework agreements; b. e-Procurement; c. innovative contracting forms such as performance-based contracts, and PPP contracting;

5) Capacity-building and professionalization of procurement systems, including the capacity-building strategy of the MENA Regional Network of Procurement Experts;

6) Sustainable procurement policies that promote economic development, innovation, and competitiveness through procurement from small-and-medium enterprises, foster energy efficiency and environmental conservation, and promote social welfare objectives;

7) Citizen engagement, social accountability, and integrity in governance through open and participatory public procurement, and the role of the Open Government and the Open Contracting partnerships;

8) The central role of procurement reform in implementing obligations under the United Nations Convention Against Corruption (UNCAC), e.g., through professionalization, transparency, citizen engagement in public procurement, SME procurement initiatives that counter elite capture, the Regional Network of Procurement Experts, and the regional e-Procurement Portal.

For additional information concerning the workshop, please contact Ms. Yolanda Tayler at: ytayler@worldbank.org

CE16.06 - Macroeconomic Management and Fiscal Policy*

Course Date Course Number Course Location
Feb 28-Mar 10, 2016 CE16.06 Arab Monetary Fund (AMF) Abu Dhabi-UAE

Target Audience:

Mid-to senior-level government officials in ministries of finance, economy, and planning, or in central banks, who provide advice on macroeconomic and fiscal policies or who are involved in policy implementation.

Qualification:

Participants are expected to have an advanced degree in economics or equivalent policy experience.

Language:

The course is conducted in Arabic only.

Course Description:

This two-week course aims at deepening participants’ understanding of fiscal policy issues and their implications for macroeconomic management. It covers the interrelations between fiscal variables and macroeconomic aggregates, and the main aspects of the design and implementation of fiscal policy as an instrument to achieve macroeconomic stability and growth. The course draws on the Fund’s experience in providing fiscal policy advice, on studies undertaken by Fund staff, and on selected research by outside scholars. Topics include: macroeconomic aspects of fiscal policy, such as estimating cyclically-adjusted fiscal balances and the role of automatic stabilizers and discretionary fiscal policy; fiscal sustainability; and structural and institutional fiscal issues such as tax reform and administration, expenditure policy and management, and fiscal rules. Participants are expected to make presentations on key policy issues of interest in their countries.

CE16.07 - High-Frequency Indicators of Economic Activity

Course Date Course Number
Mar 6-10, 2016 CE16.07

Target Audience:

Compilers of short-term or monthly economic indicators in central banks and statistical offices.

Qualification:

Participants should have a degree in economics, statistics or equivalent experience.

Language:

The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:

This one-week course will discuss identification and assessment of indicators and techniques for combining indicators into a single overall index of economic activity to track short-term changes in the economy. Indexes of economic activity bring together a range of specific economic indicators to give timely information on the overall evolution of the economy and can be seen as flash estimates of activity as a whole. Such measures give useful additional information to policymakers beyond annual and quarterly GDP estimates (which are more comprehensive but usually only available after substantial lags) and partial monthly and quarterly indicators (which are up-to-the-minute but reflect just fractions of the total economy). This course is oriented toward actual or potential compilers of short-term indicators in central banks and statistical offices as well as those involved in data collection of monthly indicators. Participants are expected to prepare and bring a set of available monthly and quarterly indicators for their country and assemble data. These indicators will be used in the hands-on sessions of the course to develop experimental estimates.

CE16.08 - Macroeconomic Management in Resource-Rich Countries (MRC)

Course Date Course Number
Mar 6-17, 2016 CE16.08

Target Audience:
Mid- to senior-level officials from central banks, ministries of finance and other relevant government agencies involved in the design and execution of policies in resource-rich countries.

Qualification:
Participants should be involved in the design and execution of policies in resource-rich countries and have a good understanding of macroeconomic, fiscal, and financial issues.

Language:
The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:
This two-week course aims at broadening participants’ understanding of the challenges faced by resource-rich countries. Drawing upon the Fund’s experience as well as academic contributions to the policy debate, the course provides participants with analytical skills to study the challenges faced by resource-rich countries and the policy responses. The skills developed during the course would allow participants to understand and develop a wide range of macroeconomic policies, including the implications of alternative fiscal rules and tax regimes, and alternative monetary and exchange rate policy frameworks in dealing with the key challenges of commodity price volatility and exhaustibility of natural resources. The course will discuss factors impacting economic growth and inequality in resource-rich countries, including structural reforms. The course also provides the opportunity to discuss in depth a number of case studies of natural resource-rich countries that are adapted to the regional offerings of the course.

CE16.105 - Fiscal Reporting and Transparency (FR)

Course Date Course Number Sponsor
Mar 13-16, 2016 CE16.105 CEF-The Middle East Regional Technical Assistance Center (METAC)

Target Audience:
Participants should include the head or deputy head of the following departments: (i) the Treasury or Accountant General’s Department, (ii) Budget Department, and (iii) Macroeconomic and Fiscal Planning Department.

Qualification:
Participants should be involved in the preparation of in-year and end of year fiscal/budget reports, fiscal statistics, and annual financial statements.

Language:
The workshop is conducted in English with simultaneous interpretation into Arabic.

Workshop Description:
This four-day regional workshop aims to share experiences in enhancing fiscal reporting and transparency.
The workshop will: (i) present the conceptual framework of fiscal reports, including latest changes in the methodology; (ii) focus on institutional and data coverage, accounting rules, classifications, balance sheets and other instruments used for fiscal data compilation according to GFSM2014; (iii) cover selected issues of fiscal analysis; (iv) discuss the treatment of Islamic Finance; (v) and discuss international good practices and practical issues of fiscal data compilation and dissemination using countries’ experiences.

For additional information concerning the content of this joint CEF-METAC workshop offered at the CEF, please address your inquiries to Mr. Jacques Charaoui: jcharaoui@imf.org

CE16.106 - Investment Policy and Promotion (IPP)

Course Date Course Number Sponsor
Mar 20-24, 2016 CE16.106 World Bank – Trade and Competitiveness (T&C)

Target Audience:
Government officials in our client countries and representatives from regional intra-governmental organizations interested in deepening their familiarity and understanding of International Investment Agreements (IIAs) and their potential impact on development, as well as how to use IIAs to foster domestic investment climate reforms.

Qualification:
Participants should be involved in Investment Promotion or Investment Policy, implementation, monitoring, or evaluation at the central, line ministry, or agency level.

Language:
The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:
The one-week course, presented by the World Bank’s Trade & Competitiveness Global Practice (T&C GP) provides analytical tools and techniques that can be used in deepening familiarity and understanding of Investment Policy and Promotion and how to leverage Foreign Direct Investment (FDI) and the evolving international investment environment to achieve domestic business environment reforms. It also explores the rationalte and provisions of IIAs, their application in practice, and potential impact on development. The course will focus on practical implementation-related issues, including, best practices on how to maximize the benefits of IIA’s.

Investment Promotion

Module 1
The FDI Strategy: Approach, methodology and best practices;

Module 2
Institutional framework and effective coordination mechanism: models of global leaders of FDI attraction; and

Module 3
The implementation capacity of the Investment Promotion Agency: Main Pillars

CE16.107 - Enhancing Public Sector Performance Including Delivery Units (GOV-PSP)

Course Date Course Number Sponsor
Mar 27-31, 2016 CE16.107 World Bank – Governance Global Practice

Target Audience:
Mid-to senior-level officials at the Council of Ministers, Ministry/Supreme Council for Planning, Civil Service Commission, Ministry of Finance, Parliament Secretariat, and Public Education and Training Centers/Authorities

Qualification:
Participants should be involved in civil service affairs, staff capacity building and career development, strategic planning and performance management, project management and execution, at the central, line ministry, or agency level.

Language:
The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:
The one-week course, presented by the World Bank’s Governance Global Practice (GGP), provides an overview of relevant public sector performance topics, such as:

Organizing Public Sector Administration. This includes: executive offices, regulatory management, ministerial functional reviews, and arms-length agencies.

Managing Performance. This includes: performance measurement & management, management Information Systems and service standards.

Managing People. This includes: remuneration policy, pension arrangements, career management, ethics & codes of conduct, senior civil servants programs, civil service management systems, recruitment practices and performance incentives.

Delivering public services. This includes Partnerships (e.g., Outsourcing, SOEs, PPPs, etc.), market-type mechanisms, administrative simplification, and E-Government.

Open government. Mechanisms to promote citizen-centric governance, information & transparency, with openness as central pillar to facilitate inclusive decision-making processes and increase trust between governments and citizens.

Particular attention will be paid to international practices on how to foster competence in the public sector management, across middle and senior leadership. The importance of having a competent public sector which is able to regulate private sector and provide services to the public is increasingly being recognized as a government priority in a number of jurisdictions. Building leaders though requires a competency framework and cohort assessment. Investing in research, training, and IT is equally important.

The course will also focus on special delivery units, their institutional structure, rationale, mandate, functions, and overall role within the administration. These unit are emerging as one fast and efficient route to oversee the proper execution of specific reform agenda or strategic government programs. Delivery units are in demand, including in the Middle East, given challenges countries can face such as bureaucracy, inefficiency, and low productivity in the public sector.

At the end of the course, the participants will learn about and be exposed to 1) key success requirements and ingredients and guiding principles for a performing and productive public sector, 2) the role and functions of delivery units (with examples), 3) real case studies of public sector reform (success and/or failures), and 4) models to identify, groom, and develop the capacity of leaders and high-flyer managers.

For additional information concerning the content of the course, please address your inquiries to Hisham Waly:hwaly@worldbank.org

CE16.108 - Towards Universal Health Coverage: “How to” Bring More Value for Money in the Health Sector in MENA (HRH-MENA)

Course Date Course Number Attendance Sponsor
April 4-6, 2016 CE16.108 By Invitation World Bank – Health Nutrition and Population Global Practice

Target Audience:
The target audience for this regional workshop will incorporate senior health policy makers from governments across the MENA region, including Ministries of Health and Finance.

Qualification:
Given the topic of this year’s event, senior staff who can both speak to current policies and can engage in cross country learning (both learning from the global experience and within region variety) would be best placed for this workshop.

Language:
The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:
Background : No region has experienced more change than the MENA region in recent years. The region has completed the demographic transition and is deep into a sizable epidemiological transition. Moreover, the region is undergoing a seismic shift at the governance level that is bring up a much higher level of expectation for services and engagement from the population. It is important then for the health sector to adapt to address the different needs (such as from NCDs) and population expectations in a new reality of limited resources and expanded needs.

Another critical background factor is the fact that there is no standard health sector model or approach in the MENA region. Country frameworks range from full public (owned and financed) to dominantly private (owned and financed) to a range of mixed models. While this heterogeneity for health sector approaches is global in nature, no region offers the range of experiences like MENA.

Workshop Objectives

The envisaged workshop comes with the key objectives to focus on “how to” improve health systems for more value for money in the context of universal health coverage

Brief Synopsis on Workshop: A high level regional workshop will take place in Kuwait April 4-6, 2016 focusing on learning from lessons in MENA and globally on “how to” make health sectors more efficient and effective in the context of UHC. The UHC agenda has galvanized considerable attention to the health sector, but the distance between the “what to” do and the “How to” do it is still considerable. As such, this workshop will shed light on practical dimensions for ensuring more value for money in the health sector. In essence the workshop will focus on:

How to finance, pay and invest in the health sector including provider payment mechanisms, contracting, and leverage private sector participation;
How to organize health systems to cater to quality service delivery; and
How to increase the capacity of MENA countries in developing cost effective and evidence based interventions in pre-service education, health labor market, and management systems to improve HRH performance.

The workshop will bring together representatives from MENA Countries to share experiences, and lessons learned in support of the UHC agenda from very different perspectives and systems. The idea is to learn from the amazing heterogeneity in the health sectors in the region.

Complementing the intra-regional learning will be learning from wider global experiences from experts from the World Health Organization and the World Bank.

Workshop approach: The workshop will take a hands on approach to knowledge sharing. Half of the time available will be reserved to the MENA experience with country teams both working together to assess the relevance of global “how to” and presenting their own country experiences and lessons.

CE16.102 - Governance for Service Delivery (GOV-GSD)

Course Date Course Number Sponsor
April 10-14, 2016 CE16.102 World Bank – Governance Global Practice

Target Audience:
Mid-to senior-level officials at ministries of finance, planning, public administration / civil service, education, and health.

Qualification:
Participants should be involved in the development and implementation of policies affecting service delivery especially in the education and health sectors.

Language:
Participants should be involved in the development and implementation of policies affecting service delivery especially in the education and health sectors.

Course Description:
Evidence suggests that policy reforms are insufficient for improving service quality without addressing incentives of public servants and service providers. Service delivery performance, including the quality and efficiency of education and health services, have been shown to reflect formal and informal accountability relationships between the citizens, service providers such as schools and health clinics, and the state.

Internationally, there is a growing appreciation of the important role played by upstream governance areas such as public finance management, procurement, public employment, regulatory frameworks for private and public service provision, monitoring and evaluation, and accountability institutions such as the courts, in service delivery performance. Experience shows how these dimensions of governance help or hinder service delivery performance; and how cross-cutting institutional solutions can contribute to efficiency and performance improvements in sectors such as education and health.

Developing adequate accountability relationships, and linking cross-cutting institutional reforms with the downstream financing and management of services in sectors remains a challenge for many governments in the MENA region and beyond.

The one-week course provides a conceptual framework, problem-driven and context specific analytical approaches, and lessons from experience that can be used in developing institutional mechanisms for implementing policy reforms and programs especially in education and health. It exposes participants to tools for diagnostic and improvement of institutions affecting public service delivery.

The course will discuss the following topics:

– The cycle of performance: how political, administrative, and social institutions affect service delivery performance and citizens’ trust and engagement;

– Education and health: the governance roots of the quality and efficiency challenge in the MENA region;

– Subnational variation and lessons from local successes in service delivery in the MENA region;

– Tools for evaluating local governance and service delivery performance to inform policymakers and empower citizen action: Quantitative Service Delivery Surveys, Service Delivery Indicators, Local Governance Indicators, and ICT & social accountability tools;

– Problem-driven approaches to institutional reforms in the areas of public finance management, procurement, public employment, regulatory frameworks for private and public service provision, monitoring & evaluation, and accountability institutions, toward enhancing service delivery performance in sectors;

– Strategies and quick wins: Integrating governance solutions with reform needs in sectors.

For additional information concerning the content of the course, please address your inquiries to Mr. Hisham Waly: hwaly@worldbank.org

CE16.109 - Pension Policies Challenges in the Gulf Cooperation Council (PEN-GCC)

Course Date Course Number Sponsor
April 17-21, 2016 CE16.109 World Bank – Regional GCC Pension

Target Audience:
Officials at Pension Administrations, Ministries of Finance and Ministries of Labor as well as other key stakeholders from the region.

Qualification:
Participants should be involved in pension policy design, administration, monitoring, or evaluation.

Language:
The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:

Pension systems in the GCC states are relatively young, as compared with those of other regions in the World. As they generally are not exposed to the same challenges that other countries confront, they were designed with particularly generous parameters, aiming at providing high quality protection to their elderly population. However, the rapid economic and social development of these countries will result in a fast demographic transition of the population and the consequent maturation of the pension programs, which in turn may result in growing fiscal pressures. While the fiscal constraint manifests differently in countries with abundant resources, the allocation of public wealth will still demand increasing attention from public policy makers.

On the other hand, if the revues of the pension schemes are not a binding constraint for the long term sustainability, then contributory pensions may not be the right model for economies based on the distribution of abundant public resources. Additionally, critical business processes for pension funds, such as collection and investment need to be reconsidered if the logic of contributory pension schemes is questioned or revised.

Finally, in spite of the generosity of the pension rules, there are equity issues, mostly related with the incidence of the benefit formulas for different groups of workers, and from the exclusion of part of the labor force, notably the expatriate but also part of the private sector workers. Some countries in the region are considering alternatives to enhance retirement savings capacity among expatriate workers. Special modalities of low-cost fully funded schemes, such as the so-called “Mobility Savings Accounts” will be presented and its main features described and discussed.

The regional Pension Course will focus on reviewing discussing the basic principles of pension policies and how they apply to the GCC states, demographic trends, pension programs design, disability and survivors programs, and implementation issues. Each session will follow the same structure: a presentation by an expert on the topic, following by comments from different participants and open discussion.

The five-day program will include:

Day 1: Introduction and basic concepts. The sessions of this first day will provide a framework for policy analysis and describe the current state of the existing programs worldwide and the region, starting with a discussion of basic concepts and principles in pension policy, following by a review of the current state of policy design in the GCC countries and around the world and finishing with a discussion of the Labor Markets dynamics and their influence on pension systems in the GCC states.

  1. Welcome and opening session
  2. Basic concepts and principles in pension policy
  3. Preventing vulnerability through social insurance and savings
  4. Integrating Pensions in the Social Protection agenda of GCC
  5. Pension policies in the World and GCC
  6. Labor Markets and Pensions in GCC

Day 2: Macro and social determinants of pension policies. The sessions of this day will discuss the main demographic trends and their influence on pension systems as well as the trade-offs that policy makers must consider while designing pension policies. The first session will discuss the global demographic trends and how they affect pension policies across different countries. The second session will focus on the demography of the GCC states, considering whether these countries are following global trends, what are their medium and long term perspectives and what challenges they might confront in the future. Finally, a third session will be focused on the wider role of public expenditures in general and income transfers programs in particular, considering the effects of these programs on intergenerational equity and on long term human capital development strategies.

  1. Demographic Change and pension policies throughout the World
  2. Demographic trends in GCC countries
  3. The costs and trade-offs of public transfers to old-age population

Day 3: Principles of pension system’s good design, based on international best practices: The sessions of this day will discuss the three main principles of pension system design: Coverage (that is, who should be covered by the pension systems and how effective are these systems to include them); Adequacy (that is, how large should be the benefits paid to pensioners, and how they should be designed to ensure satisfactory equity and fair results); and long term financing ( that is, how should governments pay for these programs, what type of funding options are available, and what are their relative advantages and risks)

  1. Coverage of national and expats. How to cover nationals of GCC states working across the regionm
  2. Adequacy of benefits for different groups
  3. Long-term financing challenges and options: Is “sustainability” a binding constraint for GCC countries?
  4. Improving equitability of pension systems in the GCC

Day 4: Beyond old-age pensions. The sessions of this day will discuss the social security programs that cover risks other than old-age, such as survivors and disability, and consider their performance in GCC countries and how they operate as part as of an integrated system with old age pensions. Also, the third session will focus on the issue of fragmentation, where different groups of workers are protected by separate schemes, generating inequities and inefficiencies, and options to overcome these issues.

  1. Social Protection, Social Security and Pensions
  2. Survivorship pensions
  3. Disability pensions
  4. Unemployment
  5. Health Insurance

Day 5: Implementation issues. The sessions of the last day of the workshop will focus on operational issues. The first session will discuss how to improve the performance of administrative and IT functions in pension administrators, while the second session will be more focused on strategies to maximize returns of accumulated assets of pension funds in a safe environment. Finally, the last session of the workshop will open a discussion on the policy reforms process from a political economy perspective, describing actors, discussing conflicts of interests and priorities and communication strategies.

  1. Fragmentation of pension schemes: Advantages, costs and options to consolidate
  2. Designing Management Information Systems (MIS) for Social Insurance
  3. Investment policies and pension fund governance
  4. Political economy of ‘successful’ pension reforms, from theory to practice
  5. Closing session

CE16.09 - Fiscal and Tax Law (FTLW)

Course Date Course Number
Apr 17-21, 2016 CE16.09

Target Audience:
Lawyers from ministries of finance and tax administrations with responsibility for designing tax law frameworks and having at least five years of relevant working experience

Language:
The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:
This one-week course, presented by staff and experts of the IMF’s Legal Department, focuses on current issues in tax law design. The course touches on a wide range of issues on today’s agenda of tax policymakers, with a particular emphasis on cross-border and base erosion issues in the areas of income and consumption taxes.

CE16.110 - For Resilience and Promotion: Social Safety Nets in the Middle East and North Africa (SSN-MENA)

Course Date Course Number Attendance Sponsor
Apr 24-28, 2016 CE16.110 By Invitation World Bank Social Protection & Labor

Target Audience:
Mid- to senior-level officials in ministries of finance, planning and social development involved in the design and implementation of social safety nets (SSNs), and compensatory cash transfer programs, subsidy reform schemes, or graduation and activation policies. Nomination from civil society stakeholders, NGOs, researchers and trainers from academic institutions is also welcome.

Qualification:
Participants are expected to have a track record of at least five years working in the field of social development, welfare, finance or administrative development.

Language:
The course is conducted in English and Arabic.

Course Description:
The role of social safety nets (SSN) has been particularly fluid in the Middle East and North Africa (MENA) region responding to a changing political, social, and macro-fiscal environment. As a result, this has complicated policymaking to ensure effective and resilient safety nets. The course aims at discussing the crucial elements affecting the design and implementation of effective, responsive, and resilient SSN programs in general, and in the MENA region in particular addressing the specific challenges arising from the changing environment.

The course will first present participants with the conceptual and operational aspects involved in the design, set-up, implementation, as well as performance monitoring and impact evaluation of safety net programs. It will then address specific system and program issues, including: a systemic approach to safety nets and programs compatibility assessment tools; characteristics of effective and well-functioning SSNs in a changing political economy; design and implementation of safety nets to mitigate the impact of subsidy reforms; accountability and governance in service delivery; and use of SSNs to promote human capital development and labor market activation in various countries (high-to-middle income, low-income and fragile states).

Given the diverse challenges facing MENA countries, the course draws on the World Bank’s and other institutions’ operational work with a focus on lessons learned and good practices in similar low- and middle-income countries from around the globe. Throughout the course, participants will have the opportunity to present and discuss challenging SSN issues facing their own countries, engage in hands-on simulation exercises covering SSN issues most relevant to the region, and work toward finding solutions with other participants and experts. An effort will be made to expand the discussion and connect with a wider regional community of practice with specialists in this field.

For additional information concerning the content of the course, please address your inquiries to Ms. Surat Nsour (World Bank Social Protection Global Practice, Social Protection Specialist): snsour@worldbank.org

This course is conducted in collaboration with the World Bank Office in Kuwait.

CE16.10 - Economic Policies for Financial Stability*

Course Date Course Number Attendance Sponsor
May 1-12, 2016 CE16.10 By Invitation Arab Monetary Fund (AMF)-Abu Dhabi-UAE

Target Audience:
Mid-to senior-level officials in central banks, ministries of finance, and regulatory agencies who are involved in the formulation of macroeconomic and financial policies.

Qualification:
Participants are expected to have an advanced degree in economics or equivalent experience.

Language:
The course is conducted in English only. Due to the technical nature of the course, English proficiency is a prerequisite.

Course Description:
This two-week course examines macroeconomic and micro-prudential policies to safeguard financial stability. It explores the macroeconomic causes, consequences, and policy responses to stress in financial markets and banking systems, and distills policy lessons from recent crises. Particular attention is paid to the interaction among the macroeconomic, financial, supervisory and regulatory frameworks. Early warning systems, techniques for assessing financial stability (including stress testing), and financial risk management are also addressed. Participants may be asked to make short presentations on topics of interest in their countries.

CE16.111 - Improving Competitiveness in MENA Countries

Course Date Course Number Attendance
May 9-12, 2016 CE16.111 OECD

Target Audience:
Government officials from ministries and agencies in charge of policies for competitiveness, productivity, industrial development and investment promotion.

Qualification:
Participants should be involved in the development and implementation of policies and strategies for competitiveness at the national, sub-national or industry level.

Language:
The workshop is conducted in English with simultaneous interpretation into Arabic.

Course Description:
Conducted by experienced OECD staff and international experts in competitiveness and industrial policies, the course focuses on analyzing and sharing concrete instruments and policies to enhance national and sub-national competitiveness. The course covers different concepts of competitiveness and productivity; specific measures to improve business and investment climates; methodologies to identify economic activities with competitive potential; and targeted tools to promote the development of those activities. The course combines active discussions of those topics and practical exercises. The participants are invited to put the presented methodologies and tools in the perspective of their own countries and are encouraged to share their own experiences and practices.

Participants will:

Gain knowledge on emerging methodologies and approaches to defining what is important for increasing competitiveness and analyze different tools to support specific economic sectors or activities.
Debate the reach and limitations of those methodologies and approaches and discuss the policy mixes and institutional set-ups to competitiveness strategies.
Present the practices and experience of their own institutions and learn from peers.
Expand their professional networks.

For additional information concerning the content and admission to OECD workshop contact Mr. Jorge Galvez Mendez: jorge.galvezmendez@oecd.org

CE16.112 - Trade Facilitation for Arab and Middle East Countries (TP1)

Course Date Course Number Sponsor
May 15-19, 2016 CE16.112 World Trade Organization

Target Audience:
Government officials involved in WTO negotiation matters.

Language:
The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:
WTO courses, presented by experienced staff, cover specific issues related to WTO Agreements. They cover the legal and economic foundations of WTO rules, explain legal and institutional provisions of specific WTO Agreements and rules, explore how the WTO Agreements affect trade-related economic policies and how the WTO serves in resolving trade disputes. More precise information is provided closer to the date of the course and would also be posted on the CEF website.

For additional information concerning the content and admission to WTO courses offered at the CEF, please address your inquiries to Mr. Samer Seif El-Yazal: samer.seif@wto.org

CE16.12 - Financial Programming and Policies (FPP)

Course Date Course Number
May 15-26, 2016 CE16.12

Target Audience:
Officials, primarily in ministries of finance, economy, and planning, or in central banks, who provide advice on macroeconomic and financial policies, or who are involved in policy implementation.

Qualification:
Applicants are expected to have a degree in economics or equivalent experience, along with proficiency in the use of spreadsheets.

Language:
The course is conducted in Arabic only.

Course Description:
This two-week courseaims at extending participants’ understanding of the design and implementation of macroeconomic and financial policies, drawing on the IMF’s experience in economic surveillance, the design of financial programs, and the provision of technical advice to member countries. The course covers the principal features of the four main sectors that comprise the macroeconomy (real, fiscal, external, and monetary) and the interrelations between them. For each sector, the course first presents the accounting approach, followed by analytical issues and simple forecasting methods; diagnosis of macroeconomic performance and analysis of the effects of macroeconomic and structural policies on the main variables of interest to policymakers, including output, prices, and the balance of payments; and preparation of a macroeconomic policy program aimed at correcting imbalances identified in the diagnosis of a case study based on real-world data.

Region-specific variations of the FPP course are available (e.g. with a focus on inflation targeting) and some offerings of the FPP also include an online component to be completed before attending the residential component of the course—please check the online catalog for details.

CE16.31 - Government Finance Statistics (GFS)

Course Date Course Number Sponsor
May 15-26, 2016 CE16.31 Arab Monetary Fund (AMF)-Abu Dhabi-UAE

Target Audience:
Officials from ministries of finance, treasuries, accounting offices, national statistical offices, central banks, etc. whose main responsibility is compiling fiscal statistics.

Qualification:
Participants should have a degree in economics, statistics, or equivalent experience.

Language:
The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:
This course, presented by the IMF’s Statistics Department, focuses on the conceptual framework of government finance statistics (GFS) as presented in the IMF’s Government Finance Statistics Manual 2014 (GFSM 2014, the update of the Government Finance Statistics Manual 2001), as well as on the practical aspects of data compilation and dissemination. Basic concepts, accounting principles, and detailed classifications are dealt with in the context of the new methodology that is harmonized with the system of national accounts. The course examines the coverage and accounting rules of the GFS framework (including accrual accounting), valuation, classification, debt, balance sheets, and the sources and methods used for compiling the statistics. It also deals with data reporting to the IMF, including data dissemination standards. The course includes a series of case studies.

CE16.11 - Reforming Fuel Subsidies (RFS)

Course Date Course Number
May 22-26, 2016 CE16.11

Target Audience:
Mid- to senior-level officials at the ministry of finance or other ministries and government agencies involved in the determination of fuel prices or fuel subsidy policy.

Qualification:
Participants should be involved in the implementation of government policies that determine fuel prices and fuel subsidies.

Language:
The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:
This five-day course, presented by the IMF’s Fiscal Affairs Department, explores recent developments in fuel subsidies, their macroeconomic impact, and the environmental and social implications. Building on country specific case studies, the course elaborates on key elements of successful reforms, including targeted mitigating measures to protect low-income groups adversely affected by the reduction of subsidies. The course also disseminate tools for measuring subsidies, assessing the distributional impact and alternative fuel pricing mechanisms that can help smooth the transmission of international fuel prices to domestic prices while protecting the budget. Participants may be asked to make presentations on different aspects of their country’s experience in setting fuel prices and reforming subsidies.

CE16.13 - Macro-Prudential Policies (MPP)

Course Date Course Number Location
May 23-27, 2016 CE16.13 Bank Al Maghrib-Morocco

Target Audience:
Central bank and government agency economists and regulators with macroeconomic and supervisory responsibilities.

Qualification:
Participants are expected to have an advanced degree in economics or equivalent experience.

Language:
The course is conducted in English only. Due to the technical nature of the course, English proficiency is a prerequisite.

Course Description:
This one-week course starts with a motivation of the need for macro-prudential policies, and defines their objectives and instruments. After a brief review of macro-financial linkages in theory and some country experiences, the course focuses on the two main dimensions of macroprudential policies: time dimension (pro-cyclicality of financial systems); and the cross section dimension (systemic risk). Two workshops offer hands-on exercises on measures of systemic risk using the network approach and Co-VaR. The course concludes with a discussion of issues related to the architecture of macroprudential policies (the roles of central banks and regulatory agencies, rules-versus-discretion, and others).

CE16.113 - Shaping Better Functioning Markets in MENA through Competition Policy Enforcement and Advocacy (CPEA)

Course Date Course Number Sponsor
May 29 – June 2, 2016 CE16.113 World Bank – Trade and Competitiveness (T&C)

Target Audience:
Mid-to senior-level officials at Competition Authorities, Sectoral Regulators, Ministries of Economy/Finance/Trade and other relevant line ministries.

Qualification:
Participants should be involved in the implementation of competition policy as case handlers and competition policy specialists, in the implementation of sectoral policies in areas such as telecom, energy, etc, and other public officials involved in the implementation of economic growth and competition agendas.

Language:
The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:
The one-week course, presented by the World Bank’s Trade and Competitiveness Global Practice (T&C GP) will discuss the role of competition policies in fostering economic development and enhanced policy outcomes for businesses and consumers.

Many markets from the MENA countries are characterized by weak competition conditions, where the state still interferes with market forces and private initiative is systematically stifled. The combination of market distortions introduced through various regulatory instruments, selective incentives/state aid and the burden of regulations and red-tape, have hampered investment and limited growth opportunities, driving unemployment up in several countries from the region, especially among youth. At the same time, the implementation of competition policy frameworks requires improvements to tackle the most harmful anticompetitive practices and help infuse competition principles into sectoral policies.

Competition Policy is one of the key themes of the World Bank- IMF agenda on inclusive growth and shared prosperity. As such, the World Bank Competition Policy cluster has been providing support to enhance effectiveness of competition policies in client countries from the MENA region, using diagnostics tools and advisory work for implementation. The successful implementation of competition policies implies: (a) eliminating anticompetitive product market regulations that limit entry or affect firms’ capacity to compete, in particular: (i) the removal of restrictions to the number of firms allowed to enter the market, statutory monopolies or any bans to private investment; (ii) the reduction of government controls on prices and other market variables that increase business risk, particularly in markets subject to competition forces; and (iii) to guarantee a level playing field and non-discriminatory treatment against certain firms, including minimizing distortive incentives that favor specific market participants; (b) tackling anticompetitive business practices by effective antitrust enforcement, notably through (i) prosecuting cartel agreements that raise the costs of key inputs and final products; (ii) preventing anticompetitive mergers; (iii) controlling state aid to avoid favoritism and ensure competitive neutrality.

The course will provide analytical tools necessary for the effective implementation of competition policies in the MENA region. Sessions will focus on (1) embedding procompetition principles into economic policies and regulations; (2) understanding the links between competition policies and other economy-wide as well as sectoral policies; and (3) using analytical instruments to identify barriers to competition and design pro-competitive solutions. These topics will be illustrated by good practices and case studies from international and regional experience regarding competition policy enforcement and advocacy

The course will discuss practical implementation aspects related to the pillars of the competition policy and law and its objectives, including the treatment of anticompetitive agreements, collusive practices, abuse of dominance, and merger control, among others. It will also discuss the underlying assumptions of monopolistic and oligopolistic competition and analytical methods the competition authorities need to use for market definition, analysis of cartels, assessment of abuse of dominance cases, merger analysis (unilateral and coordinated effects in case of horizontal mergers; foreclosure and conglomerate effects in non-horizontal mergers; efficiencies defense) and the competition analysis in regulated industries (network effects; anticompetitive practices; other relevant characteristics: multiproduct firms, switching and searching costs, technology), including the role of competition policies in network and regulated industries.

For additional information concerning the content of the course, please address your inquiries to:

Georgiana Pop: gpop@worldbank.org

Iulia Cojocaru: icojocaru@worldbank.org

CE16.114 - Bringing Success to Your Public-Private Partnership Project (PPP)

Course Date Course Number Sponsor
May 30-June 2, 2016 CE16.114 OECD

Target Audience:
Government officials at PPP units and line ministries / public entities responsible for infrastructure planning and procurement.

Qualification:
This course is aimed at professionals who have experience in infrastructure projects and who wish to improve their knowledge and decision-making capacity to enact policies related to PPPs.

Language:
The workshop is conducted in English with simultaneous interpretation into Arabic.

Course Description:
The goal of the course is to offer the participants an overview of public-private partnerships in terms of rationale, decision-making tools, process and institutional issues. The course is conducted by the OECD and the IMF and uses both theory and case studies based on the experiences of OECD and MENA countries. Participants are encouraged to also share their own national experiences.

Speakers have a deep and varied knowledge of the topic from the public and private side. The course is conducted in an informal and frank manner to encourage general participation and lively discussions.

Participants will:

Gain in-depth knowledge of PPPs in order to better develop policy frameworks and manage projects in strategic utilities sectors such as transport, energy, water and sanitation, etc;
Be provided with multiple and concrete examples of projects and how to maximize success and value for money while addressing problems that might cause them to fail;
Learn about specific tools and strategies for reforming institutions and creating new ones to facilitate PPPs in their home countries;
Expand their professional networks.

For additional information concerning the content and admission to this training, please address your inquiries to Mr. Sabri DRAIA: Sabri.Draia@oecd.org

CE16.20 - Macroeconomic Management and Financial Sector Issues (MMF)

Course Date Course Number Sponsor Course Location
Aug 28-Sept 8, 2016 CE16.20 Arab Monetary Fund (AMF) Algeria

Target Audience:
Mid- and senior-level officials involved in formulation and implementation of policies for the financial sector or interaction of these policies with macroeconomic management.

Qualification:
Participants should have an advanced degree in economics or equivalent experience.

Language:
The course is conducted in Arabic only

Course Description:
This two-week courseexamines the policy dilemmas confronting authorities in developing and emerging market economies, and the options available to policymakers, with special attention to how financial sector issues interact with macroeconomic management. The course covers a number of key macroeconomic topics, such as stabilization and growth, fiscal and external debt sustainability, frameworks for monetary policy, choice of the exchange rate regime, and international capital flows. It also addresses financial sector topics, such as the role of the financial sector in the economy, the relationship between financial fragility and macroeconomic stability, financial sector policies, and policies to address financial crises. The course content is differentiated to better address issues relevant to different regions. Participants are expected to engage in discussions throughout the course and are divided into small groups, under the direction of counselors, to conduct workshop exercises aimed at solidifying their understanding of the lecture materials.

Participants may also be asked to make presentations on key policy issues of interest in their countries.

CE16.15 - Compilation of Balance of Payments Statistics (BPSCG)

Course Date Course Number
Sept 4–8, 2016 CE16.15

Target Audience:
oficials whose main responsibility is compiling balance of payments and/or international investment position statistics. Participants should be familiar with BPM6.

Qualification:
Participants should have a degree in economics, statistics, or equivalent experience.

Language:
The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:
This new course, presented by the IMF’s Statistics Department, provides practical advice on the compilation and dissemination of balance of payments and international investment position statistics based on the 2014 Balance of Payments and International Investment Position Compilation Guide. The Compilation Guide is a companion document of the sixth edition of the Balance of Payments and International Investment Position Manual (BPM6). The purpose of the course is to show how the conceptual framework described in BPM6 may be implemented in practice. The course consists of a series of discussions on the various compilation methods for the preparation of the international accounts. Lectures and class discussions focus on compilation practices, including data sources that can be used to compile the international accounts, as well as complex methodological and compilation issues related to specific components and other issues that cut across several accounts. Participants will have the opportunity to discuss problems encountered in their work in compiling the international accounts statistics in their countries.

CE16.16 - Effective Public Debt Management Strategies in a World of Sovereign Assets (PDM-SA)

Course Date Course Number
Sept 18-22, 2016 CE16.16

Target Audience:

Senior and mid-level government officials, monetary authorities and other public sector officials with responsibility for debt management policies and decisions and / or oversight and management responsibility of key sovereign asset portfolios.

Qualification:

Participants are expected to have a background in financial markets and macroeconomics; familiarity with debt sustainability analysis is desirable.

Language:

The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:

This one-week course, presented by the IMF’s Monetary and Capital Markets Department, is intended to broaden participants’ understanding of the main policy and operational issues in developing public debt management strategies that effectively take a comprehensive and holistic overview of the sovereign balance sheet. The course also covers the management of sovereign assets, including international reserves but also sovereign wealth or other public sector asset funds (such as pension assets), under a comprehensive Asset-Liability Management (ALM) approach. It explores the issue of contingent liabilities, and how strategies could be adapted to reflect the risk that such liabilities materialize. The course further addresses a range of technical issues, including quantitative techniques to inform decision making, and key institutional issues, including issues in coordination, and transparency.

The course considers, inter-alia, the following:

  1. The different approaches for developing a debt management strategy under an ALM framework: identification of the objectives of the strategy; identification of key risk parameters; and, measurement of portfolio risks, including currency, duration and refinancing exposures;
  2. Coordination with other key policy areas (including monetary and fiscal policy): identifying key information on relevant asset portfolios (including characteristics and projected impact on overall balance) and the systematic approach for developing a strategic asset management strategy under an ALM framework; and, determining the key risk scenarios (including on contingent liabilities); and
  3. Implementation and operational issues: effective organizational arrangements; accessing debt capital markets effectively (international and domestic); the role of communication strategies, and, effective monitoring arrangements (including ongoing risk measurement).

CE16.17 - Public Sector Debt Statistics (PDS)

Course Date Course Number Sponsor Course Location
Sept 18-22, 2016 CE16.17 Arab Monetary Fund Bahrain

Target Audience:
Officials whose main responsibility is compiling public sector debt statistics.

Qualification:
Participants should have a degree in economics, statistics, or equivalent experience.

Language:
The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:
This course, conducted by the IMF’s Statistics Department, focuses on the conceptual framework of public sector debt statistics as presented in the Public Sector Debt Statistics Guide, as well as on the practical aspects of public sector debt data compilation. Basic concepts, accounting principles, and detailed classifications are dealt with in the context of the methodology that is harmonized with the government finance statistics and system of national accounts. The workshop examines coverage and accounting rules of the public sector debt statistics framework, valuation, classification, selected methodological issues, and the sources and methods used for compiling the statistics. It also deals with debt data reporting to the IMF and the World Bank. The workshop is organized around a series of case studies.

CE16.18 - AML/CFT – Assessed Country Course

Course Date Course Number Target Audience:
Sept 25-29, 2016 CE16.18 AML/CFT – Assessed Country Course

Language:
The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:
This one-week workshop, presented by the IMF’s Legal Department, is aimed at explaining the requirements of the revised Financial Action Task Force (FATF) recommendations related to the role and functions of the FIUs and the measures that need to be implemented by countries to have an efficient and independent unit in line with the international standard. The course will focus on the requirements that will ensure good governance of the FIU and its core functions mainly the operational and strategic analysis that will facilitate the collection and use by competent authorities of a wide variety of financial intelligence and other relevant information to investigate money laundering, associated predicate offences and terrorist financing.

CE16.19 - Macro Stress Testing (MST)

Course Date Course Number
Sept 25-29, 2016 CE16.19

Target Audience:
Mid-to senior-level officials working in the banking supervision or financial stability departments/units of central banks or banking supervisory authorities.

Qualification:
Participants should have experience in the area of stress testing, Basel II and financial stability analysis.

Language:
The course is conducted in English only. Due to the technical nature of the course, English proficiency is a prerequisite.

Course Description:
This one-week course, presented by the IMF’s Monetary and Capital Markets Department, aims at discussing the recent developments in the area of stress testing for banks, and giving participants the opportunity to learn and apply new tools developed or used by MCM for stress testing purposes. Some of the tools form an integral part of the Financial Sector Assessment Program (FSAP) and Technical Assistance missions to various parts of the world including the MENA region. Moreover, the course provides an occasion for participants to share experiences in this important area.

The course provides an overview of the objectives of stress testing and of the different methodologies and techniques currently used for that purpose; it also advises on some best practices to follow in applying these techniques. Furthermore, a large portion of the course incorporates several hands-on training modules based on case studies where participants work in groups using real bank data; as such, groups are exposed to the entire cycle of the stress testing process, including (1) entering data; (2) estimating econometric models to create macro-financial links; (3) designing assumptions; (4) running tests; and (5) summarizing and presenting the results. Throughout, the focus is on the solvency and liquidity elements of the stress testing exercise. The course concludes with a roundtable discussion where participants share country experiences and exchange knowledge in this area.

CE16.116 - Policies for Diversified Development (DIV)

Course Date Course Number Sponsor
Oct 9-13, 2016 CE16.116 IMF and World Bank – Macro-Fiscal Management Global Practice

Target Audience:
Senior-level officials from the resource abundant countries of MENA region from the Supreme Economic and Planning and Petroleum Councils, senior officials from ministries of oil, Finance, National Economy and Planning, Trade, Industry and Commerce, Agriculture, Petrochemicals, and Labor. Senior policy makers from oil-companies are also encouraged to participate.

Qualification:
Participants should be involved in making policies and identifying major programs related to economic diversification and broadening the productive base of the economy in both oil and non-oil sectors.

Language:
The workshop is conducted in English with simultaneous interpretation in Arabic.

Course Description:
The three day workshop is jointly delivered by the IMF and the World Bank primarily for senior policy makers from resource abundant MENA countries. There are a plethora of studies and conferences in the Middle East and North Africa on the issue of economic diversification. Most acknowledge the progress achieved by the resource-rich countries in the region in oil-based growth over the many decades. They recognize the changing global context and the need to generate high-growth low-carbon economic performance necessitating an important change in fuel subsidies and incentive structures. It is well understood that ongoing state-led diversification has to yield higher rate of returns to ensure future sustainable growth and to achieve this, there is a need for accelerating the pace of non-oil tradable sector to support future growth, the requisites for which are likely to be prudent macro-fiscal policies and improvements in competitiveness coupled with changing incentive structures, including less protection for domestic firms and increased competition for helping diversification and the primacy of quality education to move to a knowledge-based innovative economy.

This workshop aims at bringing together the accumulated knowledge and insights from earlier events and country studies conducted by the IMF, World Bank and others across the globe to focus on (i) the roles of state and market in accelerating the pace of diversification; (ii) the policy package comprising of macro-fiscal, trade and regional integration, labor policies and capital flows, regulations and restrictions placed on the private sector, the knowledge economy and technology adoption, and other policy areas, including tradeoff and implementation challenges; and (iii) lessons that countries could learn from successfully diversified economies, such as Chile, Malaysia, Norway, Mexico, Korea and others.

For additional information concerning the content of the course, please address your inquiries to Mr. Lahcen Achy: lachy@imf.org or Mr. Ibrahim al-Ghelaiqah: ialghelaiqah@worldbank.org

CE16.21 - Introductory Course on Monetary and Financial Statistics (MFS-1)

Course Date Course Number Location
Oct 9-20, 2016 CE16.21 Arab Monetary Fund (AMF) – Abu Dhabi-UAE

Target Audience:
Central bank officials responsible for the compilation of monetary statistics.

Qualification:
Participants should have a degree in economics, statistics, or equivalent experience.

Language:
The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:
This course, presented by the IMF’s Statistics Department, is designed to assist officials in the compilation of monetary statistics in accordance with international best practices. The course materials are based on the Monetary and Financial Statistics Manual and the Monetary and Financial Statistics: Compilation Guide. The course discusses the principles of economic sectorization, the characteristics and classification of financial instruments, valuation, and other accounting issues that are relevant to the compilation of analytical accounts for the central bank, other depository corporations and the entire depository corporations sector. In addition, the course discusses the revisions in the forthcoming Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). The course consists of lectures, workshops, and case studies that familiarize participants with practical aspects of monetary statistics compilation, in particular with respect to the standardized report forms (SRFs) for depository corporations. Participants are expected to make a short presentation on monetary statistics compilation issues for depository corporations in their countries.

CE16.14 - Macroeconomic Diagnostics (MDS)

Course Date Course Number
Oct 9-20, 2016 CE16.14

Target Audience:
Mid- to senior-level officials in central banks and ministries of finance or economy directly involved in diagnosing the state of the macroeconomy and making projections.

Qualification:
Applicants should have an advanced degree in economics or equivalent experience, good quantitative skills, and proficiency in the use of computers to analyze data.

Language:
The course is conducted in English only. Due to the technical nature of the course, English proficiency is a prerequisite.

Course Description:
This two-week course aims to strengthen participants’ ability to assess a country’s macroeconomic situation, emphasizing practical tools for use in day-to-day macroeconomic analysis of developments in complex economies. The course draws heavily on actual country experiences, emphasizing diagnostic and analytic tools that typically are not well covered in macroeconomics textbooks or in university courses. The lectures and corresponding workshops cover three broad types of assessments:

The current state of the macroeconomy, including developments in aggregate productivity and demand, inflation, labor markets, asset markets, and the external sector.
Fiscal and monetary policies from a positive (rather than normative) perspective. Are these policies expansionary or contractionary? What impacts do these policies have on the macroenomy, and why?
Medium-term prospects for the country, including sustainability of public and external debt trajectories, potential misevaluation of the real exchange rate, and balance sheet vulnerabilities in a country’s financial sector, non-financial corporations, and public sector.

Participants are expected to actively participate in discussions throughout the course. For practical workshops that implement the diagnostic and analytical tools presented in the lectures, participants are divided into small groups, each directed by a counselor.

CE16.22 - Macroeconomic Management and Fiscal Policy (MFP)

Course Date Course Number
Oct 16-27, 2016 CE16.22

Target Audience:
Mid-to senior-level government officials in ministries of finance, economy, and planning, or in central banks, who provide advice on macroeconomic and fiscal policies or who are involved in policy implementation.

Qualification:
Participants are expected to have an advanced degree in economics or equivalent policy experience.

Language:
The course is conducted in Arabic only.

Course Description:
This two-week courseaims at deepening participants’ understanding of fiscal policy issues and their implications for macroeconomic management. It covers the interrelations between fiscal variables and macroeconomic aggregates, and the main aspects of the design and implementation of fiscal policy as an instrument to achieve macroeconomic stability and growth. The course draws on the Fund’s experience in providing fiscal policy advice, on studies undertaken by Fund staff, and on selected research by outside scholars. Topics include: macroeconomic aspects of fiscal policy, such as estimating cyclically-adjusted fiscal balances and the role of automatic stabilizers and discretionary fiscal policy; fiscal sustainability; and structural and institutional fiscal issues such as tax reform and administration, expenditure policy and management, and fiscal rules. Participants are expected to make presentations on key policy issues of interest in their countries.

CE16.23 - Strengthening Budget Institutions (SBI)

Course Date Course Number
Oct 23-27, 2016 CE16.23

Target Audience:
Mid- to senior-level officials in ministries of finance, treasuries, debt management offices, ministries of economy, or financial planning divisions in line ministries.

Qualification:
Participants should have significant experience in fiscal policy, macroeconomic, or budgeting positions.

Language:
The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:
This one-week course, presented by the IMF’s Fiscal Affairs Department, examines the role of fiscal institutions, such as medium-term fiscal frameworks, top-down budgeting, medium-term budgeting, cash and debt management, independent fiscal institutions and budget comprehensiveness, and their function in promoting fiscal discipline.

CE16.117 - Trade Policy (TP2)

Course Date Course Number Sponsor
Oct 30-Nov 3, 2016 CE16.117 World Trade Organization

Target Audience:
Government officials involved in WTO negotiation matters.

Language:
The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:
WTO courses, presented by experienced staff, cover specific issues related to WTO Agreements. They cover the legal and economic foundations of WTO rules, explain legal and institutional provisions of specific WTO Agreements and rules, explore how the WTO Agreements affect trade-related economic policies and how the WTO serves in resolving trade disputes. More precise information is provided closer to the date of the course and would also be posted on the CEF website.

For additional information concerning the content and admission to WTO courses offered at the CEF, please address your inquiries to Mr. Samer Seif El-Yazal: samer.seif@wto.org

CE16.28 - Financial Programming and Policies (FPP)

Course Date Course Number
Nov 6-17, 2016 CE16.28

Target Audience:
Officials, primarily in ministries of finance, economy, and planning, or in central banks, who provide advice on macroeconomic and financial policies, or who are involved in policy implementation.

Qualification:
Applicants are expected to have a degree in economics or equivalent experience, along with proficiency in the use of spreadsheets.

Language:
The course is conducted in Arabic only.

Course Description:
This two-week courseaims at extending participants’ understanding of the design and implementation of macroeconomic and financial policies, drawing on the IMF’s experience in economic surveillance, the design of financial programs, and the provision of technical advice to member countries. The course covers the principal features of the four main sectors that comprise the macroeconomy (real, fiscal, external, and monetary) and the interrelations between them. For each sector, the course first presents the accounting approach, followed by analytical issues and simple forecasting methods; diagnosis of macroeconomic performance and analysis of the effects of macroeconomic and structural policies on the main variables of interest to policymakers, including output, prices, and the balance of payments; and preparation of a macroeconomic policy program aimed at correcting imbalances identified in the diagnosis of a case study based on real-world data.

Region-specific variations of the FPP course are available (e.g. with a focus on inflation targeting) and some offerings of the FPP also include an online component to be completed before attending the residential component of the course—please check the online catalog for details.

CE16.118 - The Necessary Infrastructure for Effective Supervision of Institutions Offering Islamic Financial Services )IFS-ISB)

Course Date Course Number Sponsor
Nov 7-10, 2016 CE16.118 CEF-METAC

Target Audience:
Senior banking and financial supervision from the banking supervision department of central banks and other supervisory agencies who are directly involved in regulating and supervising IIFS.

Qualification:
Participants should be senior bank supervisors/examiners with experience in Islamic banking and have experience in on-site inspection and or off-site banking supervision, and preferably with adequate background on services and products offered by IIFS.

Course Description:
The four-day regional workshop, presented by the IMF-CEF and the IMF-METAC, aims at providing an overview on a number of thematic Islamic banking subjects related to capital adequacy and liquidity measurement, in addition to explaining key risks in Islamic banking risks and how to supervise them.

The workshop will discuss the following subjects related to Islamic banking:

  1. Sharia’ah compliant high liquid instruments.
  2. Liquidity risk measurement and management.
  3. Eligible capital and sharia’ah compliant instruments.
  4. Key risks in institutions offering Islamic financial services (IIFS) and their management.
  5. Core principles for regulating and supervising IIFS

The workshop will provide a forum for participants to discuss and exchange views on related issues and the challenges they encounter in their respective jurisdiction in addressing them.

CE16.24 - Advanced Macroeconomic Forecasting (MF-A)

Course Date Course Number Location
Nov 7-18, 2016 CE16.24 Bank Al Maghrib-Morocco

Target Audience:
Mid- to senior-level officials involved in conducting research used in the design and implementation of macroeconomic policy. Familiarity with the content of the ICD Macroeconomic Forecasting course would be desirable.

Qualification:
Participants should have an advanced degree in economics or equivalent experience, and be actively involved in using modern econometric methods to prepare policy briefs or research papers. They should also be comfortable using EViews and its built-in programming language.

Language:
The course is conducted in English only. Due to the technical nature of the course, English proficiency is a prerequisite.

Course Description:
This course aims to enhance participants’ applied macroeconomic modeling skills. Lectures employ the case study approach to motivate each econometric technique discussed in the course. Each lecture is built around one or two well-known applied papers, reviewing the key economic issues posed, the econometric methods used, and the technical issues involved in replicating the published findings, including the appropriate EViews code. Hands-on learning and programming in EViews by participants is an integral part of the course. The course focuses on the following econometric methods:

  1. Vector Autoregressions and Error Correction Models (VARs and VECMs);
  2. Structural Vector Autoregression Models (SVARs);
  3. Procedures for potential output/output gap estimation and forecasting;
  4. Estimating models and preparing forecasts using the Kalman filter;
  5. Combination forecasts;
  6. Model simulations.

Participants apply the techniques to a case study country for which they estimate a model, evaluate it, and then use the model for forecasting.

CE16.119 - Strengthening Integrity in the Public and Private Sector (INTG)

Course Date Course Number Sponsor
Nov 14-17, 2016 CE16.119 OECD

Target Audience:
Government officials working in anti-corruption agencies and dedicated units within line ministries (with business regulation and control functions), investment agencies and dedicated promotion units within line ministries as well as representatives from business associations and private sector.

Qualification:
Participants should be involved in developing anti-corruption policies and strategies as well as in the implementation of anti-corruption provisions or in the promotion of integrity in business.

Language:
ture of the course, English proficiency is a prerequisite.

Course Description:
This workshop, conducted by experienced OECD analysts and international experts, covers specific issues related to fighting bribery and promoting business integrity. Participants are familiarized with different international anti-bribery provisions which impact the way the private sector engages in business transactions (trade and investment) and the most recent developments regarding enforcement of anti-bribery provisions. Mechanisms for ensuring transparency and integrity tools will be presented. Compliance tools for the private sector will also be introduced.

Participants will:

  1. Gain in-depth knowledge of existing anticorruption legislations and international standards in order to better formulate policy recommendations in order to enhance domestic integrity frameworks ;
  2. Be provided with multiple and concrete examples of anticorruption measures and instruments to enhance integrity in the public sector (e.g. in public procurement) and business integrity in selected sectors;
  3. Learn about specific tools and strategies for reforming institutions and creating new ones to promote integrity and fight corruption in their home countries;
  4. Expand their professional networks.

For additional information concerning the content and admission to OECD workshop, please send your inquiries to Mr. Sabri Draia: Sabri.Draia@oecd.org

CE16.115 - Improving Policies and Access to Finance for SMEs in the MENA Region (SME)

Course Date Course Number Location
Nov 21-24, 2016 CE16.115 OECD

Target Audience:
Government officials in SME promotion agencies or other government agencies in charge of policies for development of private enterprises.

Qualification:
Mid-level to senior officials in charge of the design, implementation and evaluation of SME and access to finance policies.

Language:
The workshop is conducted in English with simultaneous interpretation into Arabic.

Course Description:
The training is conducted by a team of OECD and international experts. The first part of the course focuses on SME policy aspects such as criteria for official SME definitions, initiatives to improve the business environment, monitoring and evaluation of policies, SME statistics, etc. The second part is devoted to access to finance, including access to credit and equity finance. The course also includes modules on innovative and high potential enterprises. It combines active discussions, the presentation of experiences from participants and practical exercises.

Participants will:

  1. Gain knowledge on the different elements and institutional set-ups of SME policy;
  2. Analyze the importance of improving the regulatory and legal environment for access to finance and discuss specific mechanism to facilitate access to finance;
  3. Present the practices and experience of their own institutions and learn from peers;
  4. Expand their professional networks.

For additional information concerning the content and admission to OECD workshop, contact Mr. Jorge Galvez Mendez: jorge.galvezmendez@oecd.org

CE16.26 - Financial Soundness Indicators (FSI)

Course Date Course Number Location
Dec 4-15, 2016 CE16.26 Arab Monetary Fund (AMF) Abu Dhabi-UAE

Target Audience:
Officials at central banks and supervisory agencies for the financial sector who are involved in the collection, compilation, and analysis of financial soundness indicators.

Qualification:
Participants should have a degree in economics, statistics, or the equivalent experience and be involved in the collection, compilation, or analysis of financial soundness indicators.

Language:
The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:
This one-week course, presented by the IMF’s Statistics Department, covers concepts and definitions, data sources, and techniques for the compilation of Financial Soundness Indicators (FSIs) that serve to support macroprudential analysis. It covers the fundamental aspects of the methodology for the construction of FSIs (such as coverage, aggregation, consolidation, valuation) as contained in the Financial Soundness Indicators Compilation Guide, including its 2007 amendments. It introduces the FSI Template for use in the regular reporting of FSI data and metadata to the IMF and provides guidance in accessing and using the IMF’s database for FSI data and metadata. The course also provides information on the use of FSIs in financial sector surveillance. The topics are covered through lectures and workshops (hands-on exercises on the compilation of FSIs).

CE16.27 - Inclusive Growth: Macroeconomic and Sectoral Policies (IG)

Course Date Course Number Sponsor
Dec 4-15, 2016 CE16.27 IMF-CEF-WB

Target Audience:
Mid- to senior-level officials primarily in ministries of finance, economy, and planning, and in central banks, who provide advice on macroeconomic and financial policy formulation or who are involved in policy implementation.

Qualification:
Participants should be involved in the design and implementation of economic growth, investment, employment, education and social policies.

Language:
The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:
This two-week course is offered in joint collaboration between the IMF-CEF and the World Bank- Macroeconomic Fiscal Management, Global Practice. It aims at: (1) providing the necessary concepts and tools for an in-depth analysis of Arab countries’ recent growth performance; (2) examining the fiscal policy role in making growth inclusive through its effect on employment and income distribution; and (3) investigating how the design and implementation of industrial and trade as well as other policies promoting economic diversification, good governance, market competition, financial inclusion, and employment policies can lead to a more inclusive economic growth.

In discussing inclusive growth policies, the objective of reducing poverty and ensuring that all segments of society benefit from the country’s economic growth is paramount. In this vein, the course aims at highlighting aspects of outcome and process underpinning growth. Focusing first on the outcome component, the course demonstrates that growth is inclusive when: (i) it is broad-based across sectors, regions, segments of society, gender and generations, whilst encompassing the concept of pro-poor growth; and (ii) support nondiscriminatory access to opportunities such as education, health, jobs, finance, and markets. As for the process dimension of inclusive growth, a shift in policymaking emphasis is made moving from (income) poverty reducing policies to a broader array of policies that ensure equal nondiscriminatory access to growth opportunities and reduce exclusion of disadvantaged groups.

CE16.29 - Vulnerabilities Diagnostics (VLN)

Course Date Course Number Sponsor Course Location
Dec 4-15, 2016 CE16.29 Arab Monetary Fund Morocco

Target Audience:
The course is targeted to (junior to senior) officials involved in monitoring and risk assessment functions in central banks and Ministries of Finance.

Qualification:
Participants are expected to have an advanced degree in economics or equivalent experience, a basic background in econometrics, and familiar with the use of software for econometric applications such as EViews. Participants are expected to do the e-learning module on “Introduction to Eviews Time Series Analysis” prior to the start of the course. Recommended are also DSAx (e-learning course on Debt Sustainability Analysis) and the e-module on “Calculation of Structural Balances”.

Language:
The course is conducted in Arabic.

Course Description:
This coursehas the objective to strengthen participant’s ability to assess and predict fiscal, financial, and external vulnerabilities through the use of several diagnostics tools aimed at capturing tail risks. At the end of this course, participants will be able to:

  1. Understand how fiscal, financial and external vulnerabilities arise as a result of adverse shocks and/or flawed policies, and how they can morph into “crises”;
  2. Implement a set of diagnostics tools to identify vulnerabilities and predict indicators of tail risks, including selected tools currently employed in IMF surveillance.

CE16.25 - Monetary and Exchange Rate Policy (MERP)

Course Date Course Number
Dec 4-15,2016 CE16.25

Target Audience:
Mid-to senior-level officials involved in monetary and exchange rate policy issues.

Qualification:
Participants should have an advanced degree in economics or equivalent experience.

Language:
The course is conducted in English only. Due to the technical nature of the course, English proficiency is a prerequisite.

Course Description:
This two-week course introduces participants to the different types of monetary policy strategies and exchange rate arrangements that countries may choose, emphasizing that the two choices must be mutually consistent. It addresses the factors relevant for the choices and the consequences of these choices. Other topics covered include: determinants and diagnosis of inflation, the foreign exchange market, financial globalization and capital flows, assessment of the equilibrium real exchange rates, and the pros and cons of capital controls. The course also covers the monetary policy transmission mechanism and forward-looking strategies for setting policy interest rates, including inflation-targeting strategies. Considerable attention is paid to the implementation of monetary policy, including the use of forecasting models and the design of a structured system for monetary policy analysis.

Participants are expected to engage in discussions throughout the course and are divided into small groups, under the direction of counselors, to conduct practical workshop exercises aimed at solidifying their understanding of the lecture material.

CE16.30 - Current Issues in Banking Supervision and Regulation (BSR)

Course Date Course Number
Dec 18-22, 2016 CE16.30

Target Audience:
The course is designed for mid to senior-level bank supervisors and regulators working in banking supervision and regulation departments of central banks and / or banking supervisory agencies.

Qualification:
Participants should have experience in banking regulation and supervision.

Language:
The course is conducted in English with simultaneous interpretation into Arabic.

Course Description:
This one-week course, presented by the IMF’s Monetary and Capital Markets Department (MCM), reviews the latest developments in banking supervisory and regulatory topics. These include changes to capital adequacy standards, the new Basel liquidity measurement rules, as well as supervision of systemically important banks. The course sessions will focus on aspects of particular relevance to the region and will discuss main implementation challenges as well as implications for banks and supervisory authorities. The course will include an Islamic banking component discussing similarities and differences in Islamic and conventional banking risks and the respective capital adequacy measurement. Participants will be actively engaged through a set of case studies and group work exercises.