Customized Training on Model-Based Monetary Policy Analysis and Forecasting (MPAF-CT)

related image
Course No.: OT 19.43A
Location: Washington DC, United States
Date: February 4, 2019-February 6, 2019 (0.6 Week)
Language: English

Target Audience:

Core modelling and broader Forecasting team at the National bank of Rwanda, responsible for model-based monetary policy analysis and forecasting, and for developing policy presentation for the Monetary Policy Committee.


Participants should have an advanced degree in economics or equivalent experience. It is strongly recommended that applicants first take the Monetary Policy (MP) course and complete the online Macroeconometric Forecasting (MFx) course

Course Description:

This CT training, provides off-site support to the Forecasting Team (FT) at the National Bank of Rwanda to conduct monetary analysis and forecasting during the new forecasting round; CID experts will assist the FT with three main tasks: (i) Review and provide extensive feedback on the prototype of the centralized QPM database, (ii) consult sectoral expert in charge of the real sector on the GDP nowcast for 2018Q4 and (iii) review and adjust the draft of the policy presentation for MPC developed during the last on-site mission during November 12-23, 2018.

Important Note for Online Courses:

For Online Learning (OL) courses, which are delivered through the edX platform, you will need an additional piece of information to register: you will be prompted for your edX.org username. If you do not already have a username, please go to https://courses.edx.org/register and sign up for a free account. Once you have created an account, you may complete the IMF Institute application. If you already have an edX account, your username can be found on the top right of the screen after logging in.

Important Note for Internal Economics Training Courses:

Internal Economics Training (IT) courses are self-financed. The IMF will not charge officials for attending courses. However, all travel, insurance, hotel, and living costs will need to be covered by the agency sponsoring the participants.