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IMF’s Institute for Capacity Development (2-Mar-2018)

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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Vacancy Re-Announcement (9-Jan-2018)

RRCO/PL/ADM-20/2017-2018/4578
Date: 09/01/2018

The Regional Revenue & Customs Office, Phuntsholing would like to re-invite applications from the Bhutanese national for the following post.

Position Category No. of Post Appointment Type Age
Security Guard ESP 3 Consolidated Contract 18 to 50 Years

Interested candidate may apply to the Regional Director, RRCO, Phuntsholing along with the following documents on or before 23rd January 2018.

1. Duly filled RCSC employment application form
2. Copy of Citizenship Identity Card
3. Valid Security Clearance
4. Valid Medical Certificate
5. No Objection certificate, if employed
6. Experience Certificate, if any

Shortlisted candidates shall be notified and called for an interview. For further information, please contact the Administrative Officer, RRCO, Phuntsholing at 05-251792

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Address by the Hon’ble Finance Minister in welcoming the new recruits (9-Jan-2018)

The Ministry of Finance had welcomed 84 new recruits as a part of the MoF family on 8 January 2018. The welcoming ceremony has been graced by the Honorable Finance Minister.

The Honorable Finance Minister congratulated the entire new recruits for having selected into various vital positions under Ministry of Finance and numerous agencies across the RGoB Sectors. The Honorable Minister further highlighted and reminded the new recruits on how fortunate we are to be born in the land of Thunder Dragon under the visionary leadership and guidance of Wangchuck Dynasty. The new recruits have been inspired and motivated by the wisdom of Honorable Minster to work towards achieving greater peace, prosperity and stability of the Nation through shouldering important responsibilities individually and collectively. The Honorable Minister also informed that the new recruits have successfully completed their one phase of life and now, embarking upon a new phase of life; absolutely afresh and encompassed by challenges and successes ahead.

The ceremony has been fruitful and educative with Questions and Answers Sessions between the new recruits and Honorable Minister, Honorable Secretary and Department Directors.

The ceremony concluded with the Honorable Minister extending his prayers and wishes to the entire new recruits for their successes in future endeavors. The Honorable Finance Secretary, Department Directors and Officials from the MoF took part in the important function of welcoming the new recruits on 8 January 2018.

The Honorable Finance Minister Addressing the New recruit

The Honorable Finance Secretary answering to the questions asked by the new recruits

The Director, DRC answering to the questions asked by the New recruits

The Director, DPA answering to the questions asked by the New recruits

The entire New recruits with Honorable Finance Minister, Honorable Finance Secretary and Department Directors

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Annual Financial Management Workshop (22-Dec-2017)

1. The opening ceremony of the “Annual Financial Management Workshop: Improving Public Service Delivery through Enhanced Fiscal Decentralization” was graced by the Hon’ble Finance Secretary on 20th December, 2017 at the Regional Revenue and Customs Office, Gelephu.

2. The three day annual workshop is exclusively for the Accounts Officers from all the budgetary agencies of the country.

3. The objective of this annual workshop is to bring together all key players in the Public Financial Management (PFM) and update knowledge on some of the new initiatives and development in the PFM system like, revised Financial Rules and Regulations 2016, PEMS, MYRB, RAMIS, e-Government Procurement System and e-Payment.

3. This platform will provide an opportunity to discuss and deliberate on the issues and challenges faced by the finance personnel while carrying out responsibilities and functions on daily basis in the field.

4. The Royal Civil Service Commission, Royal Audit Authority and the Office of Anti-Corruption Commission will also make a presentation to the participants during the course of training.

5. Around 100 accounts officers will participate the three day workshop from 20-22 December 2017. The annual workshop will conclude on 22nd December 2017.

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