Short and Long term training opportunities
The MoF would like to notify that the IMF Regional office for Asia and the Pacific (OAP) is inviting applications for PhD in macroeconomics and short-term program (macroeconomics seminars) under the IMF-Japan Scholarships. MoF’s employees who are interested and eligible as per the provisions of the BCSC-2018 can apply for the above scholarships.
Details 
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The MoF would like to inform all eligible and interested employees of the MoF to apply for PhD in Economics and Master’s Degree program offered under HRD Scholarship Project by Japanese grant AID. For further information please contact Nima Lhamu, Senior Assistant Country Officer, JDS project office, Japan International Cooperation Center (JICE), Babese, Thimphu at mobile No: 17279147 and RCSC, Thimphu at 322491.
For more information
http://jds-scholarship.org/country/bhutan/index.html
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LTT scholarship
Details of scholarship
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Announcement for SAARCFINANCE Scholarship
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Visit e-Catalog of IMF ICD to apply and check any new courses.
Public Financial Management (OL18.119, PFMx) in English
Work at your own pace from May – July 4, 2018.
Total expected workload: 40-50 hours
Application deadline: May 2, 2018
Course Description:
This online course, presented by the IMF’s Fiscal Affairs Department, provides an overview of PFM systems, institutions, and capacity building in developing and emerging market economies. It focuses on PFM issues based on the IMF’s operational and analytical perspectives, in support of macroeconomic stability, economic growth, and achievement of the Sustainable Development Goals (SDGs).
The training covers a wide range of topics, and treats PFM as an integrated system. As such, it focuses on PFM priorities, reform objectives and implementation risks. The course takes conceptual and practical approaches, and includes testimonies from ministers of finance, practitioners, and civil society.
Macroeconomic Management in Resource-Rich Countries (OL18.05, MRCx) in English
April 4 – May 23, 2018 (7 weeks)
Expected workload: 6 – 8 hours a week
Application deadline: March 28, 2018
Course Description:
This course, presented by the IMF Institute for Capacity Development, the Fiscal Affairs Department, and the Statistics Department discusses macroeconomic policy issues and challenges that confront resource-rich countries.
Watch a special video introducing the course!
Energy Subsidy Reform (OL18.103, ESRx) in English
Complete at your own pace from March 28 – April 25, 2018
Expected workload: Approx. 32 hours over 4 weeks
Application deadline: March 26, 2018
Course Description:
This course builds on an extensive cross-country analysis, which is reported analysis, reported notably in the IMF book on “Energy Subsidy Reform: Lessons and Implications,” to make recommendations on how to best implement reforms aimed at reducing state subsidies on energy.
It will introduce the concept of energy subsidies – their definition and measurement – and will review the economic social and environmental implications of subsidies. It will also present tools for assessing the distributional effects of alternative subsidy reform scenarios on the population. Finally, the course will review what works best in energy subsidy reform and will illustrate successes and failures in particular country contexts by summarizing some case studies.
Financial Programming and Policies, Part 1: Macroeconomic Accounts (OL18.105, FPP.1x) in English
Work at your own pace between May 1 and October 31
Total expected workload: Approx. 48-60 hours.
This course explains the basic skills required to conduct financial programming; the principal features of the accounts of the four main sectors that comprise the macroeconomy (real, fiscal, external, and monetary); and how they relate to each other. For each sector, the course presents the accounting framework, interpretations of variables and indicators from these accounts, and basic analysis of the accounts.
Debt Sustainability Analysis (OL18.117, DSAx) in English
Work at your own pace between May 1 and October 31
Total expected workload: between 40-50 hours
This course provides, in five modules, a comprehensive overview of the frameworks for debt sustainability analysis and debt management. The modules are as follows:
– the key concepts of debt sustainability and the role of macroeconomic policies;
– debt sustainability framework for countries with market access;
– debt sustainability framework for low-income countries;
– a medium-term debt management strategy (MTDS) framework;
– and debt sustainability analysis under uncertainty.
Macroeconomic Diagnostics (OL18.08, MDSx) in English
May 2 – June 13, 2018 (6 weeks)
Total expected workload: 6 – 9 hours a week
Application deadline: April 25, 2018
Course Description:
This online course aims at strengthening participants’ ability to assess a country’s macroeconomic situation, emphasizing practical tools for use in day-to-day macroeconomic analysis. The course covers assessments of: the current state of the macroeconomy; the stance of fiscal and monetary policy; financial stability; and the medium-term prospects of the economy including the sustainability of public and external debt, the possible misalignment of the exchange rate, and vulnerabilities from the different sectors.
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The IMF- STI has shared the various courses available in 2018 through their brochure. Therefore, the officials interested may kindly go through the brochure and apply for the courses that are relevant in your field of work. For more information on STI you can also check their website at www.imfsti.org
STI brochure
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March/April 2018 Online IMF Courses.
Participation in all online courses is free of charge, and there are no limits on the number of participants per country or agency. Please use this link to register for any course. For individual course listings in the e-catalog.
NEW COURSE! MACROECONOMIC MANAGEMENT IN RESOURCE-RICH COUNTRIES (OL18.05, MRCX) in English
April 4 – May 23, 2018 (7 weeks)
Total expected workload: 6 – 8 hours a week
Application deadline: March 28, 2018
Click here to directly apply to this course.
Course Description:
This course, presented by the IMF Institute for Capacity Development and Fiscal Affairs Department, discusses macroeconomic policy issues and challenges that confront resource-rich countries.
Upon completion of this course, participants should be able to:
– Assess how economic performance might differ in RRCs and in other countries in terms, e.g, of growth, inclusive growth, political economy, resource curse, diversification, and Dutch disease.
– Apply simple fiscal rules to determine how much to extract, consume, and save from the sale of natural resource sand modalities for savings, such as a sovereign wealth fund.
– Design a framework with clear objectives and priorities that delivers long-run fiscal sustainability and addresses commodity price volatility, with a supporting role for the public sector on the fiscal regime and government spending.
– Identify appropriate macroeconomic policy responses to commodity price shocks.
– Assess the pros and cons of policies to promote diversity and transparency in the management of natural resources.
Click here for more information about this course.
Energy Subsidy Resources (OL18.103, ESRx) in English
March 28 – April 25, 2018 (4 weeks)
Expected workload: Approx. 32 hours self-paced over 4 weeks
Application deadline: March 21, 2018
Click here to directly apply to this course.
Course Description:
This four-week online course is presented by the IMF’s Institute for Capacity Development, Fiscal Affairs Department, and Middle East and Central Asia Department. It builds on an extensive cross-country analysis, which is reported analysis, reported notably in the IMF book on “Energy Subsidy Reform: Lessons and Implications,” to make recommendations on how to best implement reforms aimed at reducing state subsidies on energy.
The course will introduce the concept of energy subsidies – their definition and measurement – and will review the economic social and environmental implications of subsidies. It will also present tools for assessing the distributional effects of alternative subsidy reform scenarios on the population. Finally, the course will review what works best in energy subsidy reform and will illustrate successes and failures in particular country contexts by summarizing some case studies.
Click here for more information about this course.
Financial Programming and Policies, Part 2: Program Design (OL18.04, FPP.2x) in English
March 7 – April 25, 2018 (7 weeks)
Expected workload: 6-9 hours/week
Application deadline: February 28, 2018
THIS WEDNESDAY – APPLY NOW!
Click here to directly apply to this course.
This seven-week course builds on the FPP.1x course and aims to extend participants’ understanding of the design and implementation of macroeconomic and financial policies. Specifically, the course presents simple forecasting methods for each sector of the macroeconomy; diagnosis of macroeconomic performance under baseline assumptions; and preparation of a macroeconomic adjustment program for a case study country.
Click here for more information about this course.
Please keep checking our e-catalog often, as new offerings are added regularly.
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The Ministry of Finance is pleased to announce the availability of Scholarship of Masters in
Logistics and Supply Chain, Masters in Economics and Masters in Accountancy under TICA.
For details please visit the website:
http://www.rcsc.gov.bt/wp-content/uploads/2018/02/Reannouncement-2018-TICA.pdf
Any further clarifications could be sought from the HRDD, RCSC or HRD, MoF.
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Call for Applications for Japan-IMF Macroeconomic Seminar for Asia (JIMS) 2018
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