Joint MEFMI/ IMF Course on Monetary and Financial Statistics – Advanced

BACKGROUND

Evidence-based economic policy remains at the helm of the agenda of most developing countries, and the MEFMI region is no exception. To support this agenda, there is a need for consistent, accurate, and comprehensive macroeconomic data supported by a proper System of National Accounts, Balance of Payments and International Investment Position Manual, and the Government Finance Statistics. The need for capacity building in the area of macroeconomic statistics continues to be a priority in MEFMI’s Phase VI period (2024 – 2026). In that regard, the Institute will offer an advanced course on monetary and financial statistics. The course will provide the basis for the migration of member countries to intermediate standards applicable in the compilation of macroeconomic statistics in line with international best practices. The course will build on the introductory e-learning courses conducted in 2022 and 2023. The course materials shall mostly be based on the IMF Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG).

OBJECTIVES

This course aims to improve participants’ understanding of the methodology for compiling, reporting, and the usage of monetary and financial statistics in line with international best practices.

CONTENT

The course will, amongst others, cover the following:

1. Introduction and overview of the monetary and financial statistics framework;

2. Institutional units and classification of financial assets and liabilities;

3. Stocks, flows, and accounting rules, money, liquidity, credit, and debt;

4. Compilation, source data, and dissemination of monetary statistics; and

5. Financial statistics.

TARGET GROUP

This targets mid-level to senior-level officials responsible for the compilation and analysis of monetary and financial statistics from Statistic Offices, Central Banks, Ministries of Finance and Planning (or other agencies).