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Monetary Policy

Monetary Policy Implementation (MP)

Deadline passed

Session No.: SA 24.08

Location: New Delhi, India

Date: January 29, 2024 - February 2, 2024 (1 week)

Delivery Method: In-person Training

Primary Language: English

    Target Audience

    Central bank officials directly engaged in monetary policy implementation.

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    Qualifications

    Participants are expected to have a degree in economics or finance; work experience at central bank; and working knowledge of Excel.

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    Course Description

    This course, presented by South Asia Regional Training and Technical Assistance Center (SARTTAC) in collaboration with Capacity Development Office in Thailand (CDOT) will cover the core issues related to Monetary policy implementation, specifically:

    1. Interest Rate Corridor;
    2. Modernizing Monetary Policy Framework-Governance, Operations and Communication;
    3. Basics of Liquidity Monitoring and Forecasting;
    4. Reserve Requirements;
    5. Central Bank Collateral Framework;
    6. Money Market Development;
    7. Interest Rate Benchmark;
    8. Emergency Liquidity Assistance; and
    9. Monetary Operations Communication and Transparency.


    Some of the sessions will be followed by selected individual country presentations. The course will end with panel discussion.

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    Course Objectives

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

    • Understand the Monetary Policy Implementation among central banks of CDOT and SARTTAC member countries.
    • Foster collaboration and exchange of experiences between central banks in the region.
    • Find effective solutions to the issues and challenges they are currently facing in monetary policy implementation.
    • Access specific additional training and TA needs of individual central banks.
    • Solicit interest in conducting CB Transparency reviews as a toll to enhance accountability and safeguard transparency.
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