Macroeconomic Management Department Programmes

Regional Course on Macroeconomic and Public Financial Management: Debt, Budgeting, Planning and Performance

Date: February 18 - 22, 2019
Duration: 1 Week
Venue: Freetown, Sierra Leone

Objectives of the Course

Upon the completion of this course, it is expected that participants will be able to understand the importance of public financial management in macroeconomic analysis and management and alsoidentify the linkages between the components of PFM systems and improve economic and fiscal performance.
This course is designed to provide participants with an understanding of how public budgeting fits into the macroeconomic framework. Specifically aimed at:

  • Exposing the participants to how public financial management requires different forms of public accounting.
  • Learning the techniques of budget formulation and the budget process
  • Understanding costs and different ways of measuring them and how costs are used in budgets
  • Increasing their understanding of the budgeting process at the national and other levels of governance; and
  • Applying ideas about accounting to the production of various forms of account for public services and public money.

Who May Attend

The course is intended for middle, senior and executive level officials of Central Banks, ministries of Finance and Economic planning, and other relevant agencies whose responsibilities include budgeting in countries of the sub-region.

Regional Course on Techniques of Economic Analysis, Monetary Policy and Financial Management

Date: March 4 - 8, 2019
Duration: 1 Week
Venue: Banjul, The Gambia

Objectives

The objective of this course is to upgrade the knowledge and sharpen the analytical skills of relevant technical staff whose responsibilities include policy advice on economic management. The course is also designed as foundation course to prepare attendees for the Institute's three other macro courses, namely: macroeconomic Modelling, Forecasting and Policy Analysis, Financial Programming and Policies and Demand for Money Estimation Models.

Who may attend

This course is targeted at middle/executive level officials of central banks, ministries of finance and economic planning and other public sector agencies. Nominees to the course should be numerate with some experience in econometrics. Some computer background in the basis of DOS and Windows environments would be beneficial. Participants would be required to bring along with them, their country data.

Regional course on Fundamentals of Macroeconomic Analysis

Date: April 1 - 12, 2019
Duration: 2 Weeks
Venue: Lagos, Nigeria

Objectives of the course

The principal objective of the course is to upgrade the analytical skills of officials who have limited formal training in modern macroeconomics but are involved in macroeconomic analysis in central banks, finance ministries and sub-regional institutions.

Who May Attend

The course is targeted at senior economists, including middle/executive level officials of Ministries of Finance and Economic planning, Central Banks, and relevant public sector agencies involved in the formulation, implementation and analysis of monetary policy for effective macroeconomic management.

Regional Course on Domestic Resourse Mobilisation and Economic Management

Date: May 6 - 10, 2019
Duration: 1 Week
Venue: Lagos, Nigeria

Objectives of the course

The course introduces participants to the different regimes and exchange rate arrangements that countries may choose. It addresses the factors relevant for the choices and the consequences of these choices.

Who May Attend

The workshop is targeted at senior economists, including middle/executive level officials of Ministries of Finance and Economic Planning, Central Banks and relevant public sector agencies involved in formulation, implementation and analysis of exchange rate policy for effective macroeconomic management.

Regional Course on Fiscal policy Analysis and Revenue Forecasting

Date: May 13 - 17, 2019
Duration: 1 Week
Venue: Lagos, Nigeria

Objectives of the course

The course is aimed at equipping participants with the required skills and knowledge to formulate policy reforms aimed at domestic resource mobilization for financing projects and programmes for sustainable economic development. It will also give participants first hand appreciation of the challenges associated with the mobilization of resources to finance key infrastructure projects.

Who May Attend

This course is organised for mid-career senior level government officials working in Central Banks, the Ministries of Finance and Economic Development who are an responsible for budgeting, tax policy, resource mobilization, financial sector and investment policy.

Regional Workshop on Economic and Financial Analysis for Financial Analysts

Date: May 20 - 24, 2019
Duration: 1 Week
Venue: Monrovia, Liberia

Objectives of the workshop

The objective of the workshop is to upgrade the knowledge and skills of practitioners in economic and financial policy formulation, analysis, performance monitoring and reporting. The workshop seeks to increase the "economic quotient" of attendees towards promoting a greater public awareness of domestic and international economic and financial issues in the interest of a more enlightened electorate that will engender greater popular participation in the national economic and financial agenda.


Who May Attend

This workshop is targeted at the middle/executive level officials involved in macroeconomic and financial analysis in the countries of WAIFEM member central banks.

Regional Course on Econometric Methods for Policy Analysis

Date: TBA, 2019
Duration: 2 Weeks
Venue: Lagos, Nigeria

Objectives of the course

This course is structured at the basic level, and hence no prior knowledge of econometrics is required, even though this might be helpful. At the end of the course, participants should be able to conduct basic statistical and econometric analysis and forecasting. They should be able to among others: derive multiple regression parameter estimates and perform statistical inference on regression parameters. Participants would also understand basic research methods and use econometric software (Eviews, RATS,Stata,SPSS) for basic data analysis and forecasting.

Who May Attend

This course is targeted at senior economists, including middle/executive level officials of ministries of Finance and Economic planning, Central Banks, and relevant public-sector agencies involved in the formulation, implementation and analysis of monetary policy for effective macroeconomic management.

Regional Workshop on Banknote and Currency Management

Date: June 17 - 21, 2019
Duration: 1 Week
Venue: Abuja, Nigeria

Objectives of the workshop

This workshop is aimed at exploring the key challenges central banks face in currency management and how they are tackling them. Specifically, the course is designed to deepen the knowledge and upgrade the analytical skills of staff in performing the currency management function. It is also designed to enhance participants' forecasting techniques and expose them to contemporary issuesin banknote and currency management.

Who Should Attend

The workshop is targeted at senior/executive level officials of Central Banks and other monetary authorities that are involved in currency management issues. The programme will also be beneficial for financial for financial journalists to scale-up their knowledge about currency management issues and their advocacy role.

IMF/WAIFEM Regional Course on Balance of Payments and International Investment PositionStatistics

Date: July 15 - 19, 2019
Duration: 1 Weeks
Venue: Accra, Ghana

Objectives of the course

The course is designed to keep participants abreast of the revised SNA and BOP compilation ad regional harmonization of statistical/analytical data. The course is aimed at upgrading the knowledge and skills of participants for the compilation of balance of payments, international investment position, the systems of National accounts and the inter-linkages with other sectoral accounts. The basic concepts, accounting principles and methods of compilation/classification will also be dealt with within the context of the larger system of national accounts.

Who may Attend:

This course is targeted at Middle, Executive level officials of central banks, Ministries of Finance, Economic planning and trade, government statistics bureau/offices and other public-sector agencies involved in the compilation of national accounts and balance of payments as well as the analysis, formulation and implementation of macroeconomic policies.

Regional course on Modeling and Forecasting for Policy Analysis for Senior Economists and Other Professionals

Date: September 16 - 27, 2019
Duration: 2 Weeks
Venue: Lagos, Nigeria

Objectives of the Course

This course is designed to upgrade the analytical skills of economists with operational responsibility for preparing policy papers, statistical data, forecasts and other inputs into the policy making process through intensive training in techniques for developing macroeconomic and demand for money models. The main objective of this course is to improve the participants’ skills in the following:

  • Data manipulation on E-views
  • Techniques and procedures for monitoring periodically the movement of key economic variables and methods for tracking their effects on macroeconomic aggregates.
  • Simulating the effects of external and internal shocks and policy changes
  • Forecasting models for macroeconomic policy formulation for monetary management.

Who may attend

 The course is intended for middle, senior and executive level officials of Central Banks, ministries of Finance and Economic planning, and other relevant agencies whose responsibilities include policy analysis and advise on economic management. Participants should have at least some experience in econometrics with a minimum background in Economics.

IMF/WAIFEM Regional course on Financial Programming and Policies

Date: October 7 - 18, 2019
Duration: 2 Weeks
Venue: Accra, Ghana

Objectives

The main objective of this two-week course is to provide participants with an understanding of the key analytical concepts and frameworks required to design and implement macroeconomic and financial policies that are needed to ensure growth, stability and poverty reduction.

Who May Attend

The course is targeted at middle, executive level officials from central banks, ministries of Finance and Economic planning and other public agencies that are involved in the formulation, implementation and analysis of macroeconomic and financial policies in their respective countries.
Nominees of this course should have advanced degrees in Economics and/or Finance and preferably be former participants of the institute’s courses on Techniques of Economic Analysis (TEA) or Macroeconomic modelling, forecasting and policy analysis.
The ability to use computer-based spreadsheets is highly desirable due to the technical nature of this course.