IMF | CEF

Target Audience: TBD

Qualifications: TBD

Language: TBD

Course Description: TBD

Course Objectives: TBD

Target Audience: Mid-level to senior government officials directly or indirectly involved in trade negotiations at bilateral, plurilateral or multilateral level

Qualifications: Expertise in one or more areas of international trade policy formulation, implementation and assessment. Experience in trade negotiation or in ex ante evaluation of free trade agreements and/or trade flow analysis.

Language: The workshop is conducted in English only

Course Description: The workshop is designed to introduce and deepen participants' understanding of trade negotiation theory and practices within the WTO context. The program blends lectures, interactive discussions, exercises, and simulation activities. Over four days, attendees explore WTO negotiation history, and a variety of techniques through theory refreshers, practical exercises, and simulation drills, culminating in debriefings and evaluations that bridge theory with the realities of multilateral trade negotiations. 

Target Audience: Mid- to Senior level banking supervisors and central bankers involved in Crypto Assets regulation, licensing and supervision.

Qualifications: Participants are actively involved in banking supervision and possess a strong understanding of bank regulation and supervision matters.

Language: The course is conducted in English with simultaneous interpretation into Arabic.

Course Description: The course provides a comprehensive overview of the legal, regulatory, and supervisory frameworks for crypto‑assets, drawing on international standards and lessons from country experiences. Designed for policymakers, regulators, and supervisors, the course examines the challenges posed by rapidly evolving crypto markets and outlines practical approaches for developing sound and proportionate regulatory regimes. The course highlights key principles for establishing a coherent legal and regulatory perimeter, mitigating financial integrity and consumer protection risks, addressing financial stability concerns, and ensuring effective cross‑border cooperation. The course also addresses tokenization, consistent with the IMF and Financial Stability Board (FSB) definitions of crypto‑assets, and discusses its implications for regulation, market integrity, and financial stability. Through lectures, case studies, and interactive discussions, participants will explore policy trade‑offs, institutional coordination challenges, and sequencing considerations in developing and implementing effective crypto‑asset regulatory and supervisory frameworks. They will gain an understanding of global standards and recommendations relevant to crypto‑assets, including guidance from international standard‑setting bodies. The course aims to equip authorities with practical tools to promote innovation while safeguarding financial stability, integrity, and consumer protection.

Course Objectives: Upon completion of this course, participants should be able to:

• Designing and implementing licensing and authorization regimes for crypto‑asset service providers (CASPs)
• Developing regulatory and supervisory frameworks for stablecoin issuers, with attention to governance, reserve management, disclosure, and risk management
• Building risk‑based supervisory approaches tailored to the specific operational, technological, and market risks of crypto participants
• Strengthening supervisory tools, data collection, and reporting frameworks necessary for monitoring crypto markets and managing systemic risks.

Experts:

• Nehmat Hantas, METAC Banking Regulation and Supervision Advisor
• Speaker: Puja Singh, IMF Senior Financial Sector Analyst, Monetary and Capital Markets Financial Regulation and Supervision Division (MCMFR)
• Additional speakers could be invited.

For additional information concerning the content of the course, please address your inquiries to Ms. Nehmat Hantas, Banking Regulation and Supervision Advisor, METAC @ nhantas@imf.org.

Target Audience: Officials from ministries of finance, central banks, and related public institutions involved in debt management, fiscal policy, or sustainable finance. The course is particularly relevant for staff working on sovereign issuance, Islamic finance, and public investment planning who seek to strengthen their capacity to design and implement thematic bonds and sukuk.

Qualifications: Participants are expected to have a foundational understanding of public debt management or fiscal policy and familiarity with sovereign issuance processes; no prior experience with thematic or green instruments is required.

Language: The course is conducted in English with simultaneous interpretation into Arabic.

Course Description: The course, presented by the United Nations Development Programme (UNDP), helps government officials understand why thematic sovereign bonds and sukuk are powerful tools to finance national priorities while attracting responsible and Sharia-compliant investors. Participants learn how to design and implement these instruments through clear, step-by-step guidance—from project identification and framework preparation to governance, external review, and impact reporting. The course focuses on what practical tools and international standards can be applied to ensure credible, transparent issuance processes. By combining expert insights, regional examples, and hands-on exercises, it offers a concrete opportunity for participants to strengthen fiscal innovation, diversify financing sources, and link public finance to measurable sustainable development outcomes.

Course Objectives: Upon completion of this course, participants should be able to:

• Understand the role of thematic bonds and sukuk in linking fiscal policy, sustainable development, and Islamic finance principles.
• Identify and explain the sequenced steps, roles, and governance mechanisms involved in issuing sovereign thematic instruments.
• Apply a project screening tool to evaluate project eligibility, sustainability alignment, and readiness for inclusion in thematic issuance frameworks.
• Assess how thematic bonds and sukuk can diversify financing sources, strengthen public debt management, and attract ethical and sustainability-oriented investors.
• Apply international best practices for governance, transparency, and impact reporting to enhance credibility and investor confidence.

Target Audience: Government officials involved in matters relating to trade in services field. The workshop aims in particular at officials that have already participated in WTO trainings on trade in services or have a prior good knowledge of the GATS.

Qualifications: The nominees should be middle to senior level officials who are directly involved in the formulation of trade in services policy and/or the conduct of multilateral or preferential services negotiations.

Language: The workshop is conducted in English only.

Course Description: This programme is a comprehensive training workshop for GCC members on trade in services. It covers a wide range of topics, beginning with an overview of the evolving role of services trade in development and a review of the GATS and its commitments. Participants engage in practical exercises on drafting schedules for trade commitments, contrasting negative and positive list scheduling, and applying analytical tools like the I-TIP Services, the WTO-World Bank Services Database, and the Trade in Services Competitiveness Dashboard. Additional sessions explore regional agreements, domestic regulatory practices, and the impact of regulatory measures on the services market. The workshop culminates in a services trade negotiation simulation that lets participants apply their learning in a dynamic, real-world context, complemented by tests, group discussions, and an evaluation session.

Target Audience: Mid- to senior officials in central banks and ministries of finance or economy who are directly involved in diagnosing the state of the macroeconomy and making projections.

Qualifications: Participants are expected to have an advanced degree in economics or equivalent experience, good quantitative skills, and proficiency in the use of Microsoft Excel. It is strongly recommended for applicants to have completed the online Financial Programming and Policies, Part 1: Macroeconomic Accounts and Analysis (FPP.1x), or the online Macroeconomic Diagnostics (MDSx) course.

Language: The course is conducted in English only. Due to the technical nature of the course, English proficiency is a prerequisite.

Course Description: The course is designed to strengthen participants’ ability to comprehensively assess a country’s macroeconomic situation, including the current state of the economy, the stance of fiscal and monetary policy, financial stability, exchange rate misalignments, vulnerabilities in the different sectors, and the medium-term outlook, especially the sustainability of public and external debt.

The course emphasizes practical tools for use in day-to-day macroeconomic analysis and relies on case studies relevant to the region, where the course is given, to illustrate how these tools are applied and can contribute to the policymaking process.

Course Objectives: Upon completion of this course, participants should be able to:

• Analyze potential output, calculate output gaps, and diagnose the outlook for the economy.
• Assess the stance of current fiscal, monetary, exchange rate, and financial policies.
• Assess macro-financial linkages, including through the analysis of financial sector soundness indicators.
• Assess the medium-term prospects of the economy, especially the sustainability of public and external debt.
• Identify possible external and internal economic risks and vulnerabilities to economic growth and identify policies to address them.

Target Audience: The course is designed for experienced securities regulators, supervisors and central bank officials, and debt management officers engaged in Islamic capital market development and sovereign financing strategies. 

Qualifications: Participants are expected to possess fundamental knowledge of debt securities, and preferably, prior exposure to Sukuk.

Language: The course will be conducted in English with simultaneous interpretation into Arabic.

Course Description: This course provides authorities with a focused, practical, and fully integrated understanding of Sukuk structuring across, financial, legal and Shariah dimension within the broader context of international standard-setting and capital market oversight. It examines the macro-financial role of Sukuk in public finance and market development, while also covering the practical aspects of structuring, issuance, pricing, credit rating, and operationalization of Sharīʿah contracts.

The course emphasizes the operational application of key IFSB Standards to strengthen participants’ ability to evaluate Sukuk structures, assess disclosure practices, and support effective supervisory implementation in line with evolving market developments. Through case-based diagnostics, participants will examine the financial market infrastructure, apply relevant IFSB guidance in supervisory and disclosure assessments, liquidity management, and Sharīʿah governance, and identify vulnerabilities, disclosure gaps, and governance challenges in Sukuk markets.

Course Objectives: Upon completion of this course, participants should be able to:

• Design and critically assess corporate and sovereign Sukuk structures by selecting appropriate Sharīʿah contracts evaluating structural features, and analyzing how pricing dynamics, credit rating considerations, and jurisdiction‑specific legal constraints influence investor expectations and regulatory capital treatment.
• Apply key IFSB standards in supervisory and regulatory assessments to assess the adequacy, transparency, and compliance of Sukuk offering documents, market disclosures, Sharīʿah governance frameworks, and supporting financial market infrastructure.
• Identify and diagnose structural vulnerabilities in Sukuk instruments from both regulatory and market perspectives, including asset transfer enforceability, commingling risks, credit-enhancement mechanisms, post-default remedies, material disclosure gaps that affect investor protection and systemic resilience.
• Evaluate the role of Sukuk and Sharīʿah-compliant instruments in liquidity management and assess the robustness, interoperability and supervisory relevance of financial market infrastructure (listing, trading, clearing, settlement, custody and depository function) within Islamic capital markets.
• Analyze the legal, regulatory, and supervisory implications of emerging innovations, including Green and ESG Sukuk, taxonomy and reporting requirements, as well as digital issuance technologies (blockchain, tokenization, smart contracts), and integrate these developments within a sound governance and risk management frameworks.

Target Audience: Compilers of national accounts statistics.

Qualifications: Proficiency in Excel is required.

Language: The course will be conducted in English with simultaneous interpretation into Arabic

Course Description: The course will concentrate on statistical methods already tested in FCS to establish a new GDP benchmark when comprehensive and reliable source data are lacking. The proposed method uses the supply and use tables framework, offering a thorough analytical approach to identify and fill data gaps while enhancing the quality and consistency of GDP estimates. Expected/proposed modes of delivery: In person. Names of the designated mission chiefs and lecturers: Greg Legoff plus one Lecturer: Mohamed Frigui.

Course Objectives: Build knowledge to compile a new national benchmark using scarce source data.

Target Audience: Mid-level to senior officials from central banks and government agencies dealing with regulation of the financial sector. Preference is given to applicants working on issues directly related to financial development and inclusion.

Qualifications: Participants are expected to have a basic knowledge of economics or finance, or equivalent work experience. Knowledge of econometrics is helpful but not required. It is strongly recommended that applicants complete the online Financial Development and Financial Inclusion (FDFIx) course.

Language: The course is conducted in English only. Due to the technical nature of the course, English proficiency is a prerequisite.

Course Description: This course, presented by the Institute for Capacity Development, explains the macroeconomic relevance of financial development and inclusion. Beginning with an analysis that defines the role of finance in the economy, the course presents a framework for financial market development; identifying the main players and instruments, as well as highlighting the obstacles that could impede the development of such markets as well as policies that encourage the development of financial markets. The course introduces financial inclusion as an integral dimension of financial development—a perspective that has only recently received attention. The course reviews the indicators currently used to measure financial inclusion, its macroeconomic impact, and the main policy strategies usually pursued to encourage inclusion. The course makes use of extensive case studies, groupwork and workshops to ensure that participants gain practical experience that is useful for their jobs.

Course Objectives: Upon completion of this course, participants should be able to:

• Identify the main players and instruments needed for financial
• market development.
• Measure the degree of financial development and inclusion for a country or countries using a wide range of standard indicators.
• Use a simple analytical model to predict the likely outcomes of different policies on financial inclusion.
• Assess policy options and strategies for financial development and inclusion from a macroeconomic perspective by identifying potential tradeoffs and possible impediments.
• Formulate a strategy for policies to support financial development in a country, taking into account initial conditions and links between the financial sector and the macroeconomy.

Target Audience: Mid-level officials from central banks and regulatory agencies involved in banking regulation and/or financial stability analysis.

Qualifications: Participants are expected to have a degree in economics or finance and work experience related to financial regulation and supervision.

Language: The course is conducted in English with simultaneous interpretation into Arabic.

Course Description: The course, presented by the Monetary and Capital Markets Department, examines selected issues in the evolving financial regulatory framework and takes a critical look at the evolving framework for banks. Topics include Basel III capital requirements, including the countercyclical capital buffer and buffers for systemically important banks, leverage and liquidity requirements, as well as macroprudential policies, regulation and supervision of climate-related financial risks, regulatory challenges around fintech, and ongoing international regulatory discussions. The course pays special attention to proportionality in bank regulation and supervision. It identifies the main operational issues and challenges when implementing the Basel framework and provides practical guidance. The training sessions are interactive, using case studies and group activities. Participants are invited to make presentations on selected topics that reflect their country’s experiences.

Course Objectives: Upon completion of this course, participants should be able to:

• Summarize the main pieces of the prudential regulatory framework for bank, including emerging topics.
• Extract lessons from previous financial stability threats to prevent their recurrence.
• Identify regulatory measures to mitigate banking risks.