TARGET GROUP | Central bank officials responsible for compiling monetary statistics. Participants should have a degree in economics or statistics or equivalent experience.
DESCRIPTION | This one-week course, presented by the IMF´s Statistics Department, prepares participants to compile monetary statistics covering the central bank (CB) and other depository corporations (ODCs) in accordance with international standards. The course materials are based on the Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). The course discusses the principles of residency and sectorization of institutional units, the characteristics and types of financial instruments, valuation principles, and other accounting issues that are relevant to the compilation of monetary statistics. Participants also become familiar with the defining characteristics of depository corporations (DCs), notably their role as money issuers, and with the main principles on which analysis of monetary and credit aggregates is based. The course consists of lectures, workshops, and case studies dealing with practical aspects of compiling monetary statistics, especially the use of financial statements for filling out standardized report forms (SRFs 1SR and 2SR) for the CB and ODCs, and the derivation of the monetary survey for the CB, ODCs, and the depository corporations sector. At the end of the course, Participants are expected to make a short presentation on monetary statistics compilation issues in their own countries.
OBJECTIVES | Upon completion of this course, participants should be able to: Compile monetary statistics (sectoral balance sheets and surveys) for the CB, ODC, and DC sectors according to the methodology recommended by the MFSMCG (i.e., residency, sectorization, account classification by type of financial instruments, valuation, and other accounting issues) using SRFs 1SR and 2SR. Use the monetary survey and the main monetary and credit aggregates in analyzing monetary policy.
Start:
End: Mar 18
Language: Eng/Pyc
Sponsoring Organization: IMF
Application Deadline: January 24, 2021