Welcome to SARTTAC

South Asia Regional Training and Technical Assistance Center (SARTTAC) is a collaborative venture between the IMF, the member countries (Bangladesh, Bhutan, India, Maldives, Nepal, Sri Lanka), and development partners. The Center’s strategic goal is to help its member countries strengthen their institutional and human capacity to design and implement macroeconomic and financial policies that promote growth and reduce poverty.

Less than a year after IMF Managing Director Ms. Christine Lagarde and the Finance Minister of India, Mr. Arun Jaitley, signed a historic Memorandum of Understanding to establish a capacity development center for South Asia, the opening of SARTTAC marks a major milestone in the partnership between the IMF and its member countries in the region.

SARTTAC will allow the IMF to meet more of the high demand for technical assistance and training from the region and contribute to its ability to bring growth and stability to the region. Through its team of international resident experts, SARTTAC is expected to become the focal point for the delivery of IMF capacity development services to South Asia. Read More



Phase 1 Program Document (February 2017)

SARTTAC operations will focus on training and technical assistance (TA) in the IMF’s core areas of expertise, including macroeconomic and financial policies; fiscal management and policies; monetary policy and operations; financial sector regulation and supervision; and real sector statistics...... Download


January 10, 2018 - February 21, 2018 (6 weeks): Financial Programming and Policies, Part 1: Macroeconomic Accounts & Analysis (Fpp.1x)

Language: English

Course Description: 

This online course, presented by the IMF Institute for Capacity Development, explains the basic skills required to conduct financial programming; the principal features of the accounts of the four main sectors that comprise the macroeconomy (real, fiscal, external, and monetary); and how they relate to each other. For each sector, the course presents the accounting framework, interpretations of variables and indicators from these accounts, and basic analysis of the accounts. The expected workload for this course is 8-10 hours per week. 

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

. Calculate economic variables using macroeconomic accounting principles.

. Interpret the accounts of: real, fiscal, external, and monetary sectors that comprise the macroeconomy.

. Describe the accounting and behavioral links between the macroeconomic accounts.

. Analyze economic and financial developments of a case study country using a hands-on, Excel-based framework.

Apply online by : January 03, 2018


January 10, 2018 - February 28, 2018 (7 Weeks): Financial Market Analysis (FMAx)

Language: English

Course Description: 

This online course, presented by the IMF Institute for Capacity Development, introduces participants to the fundamentals of financial analysis that are in the toolkit of policymakers. These tools are used to study the characteristics of various financial instruments and their pricing, analyze portfolios of assets, and become familiar with the basics of risk management. Mastery is essential for participants who wish to participate in more advanced and policy-oriented ICD courses in financial or macrofinancial areas. The FMAx course covers, among other topics, pricing of fixed-income securities and equity; the term structure of interest rates; portfolio allocation and diversification; and an introduction to risk management.  The expected workload for this course is 8-10 hours per week.

. Price a variety of financial assets (money market instruments, bonds, and equities) using the present value (PV) principle.

. Measure and compare different yield measures for financial assets.

. Construct and estimate a yield curve on the basis of readily available information, and use several theories to interpret its behavior.

. Relate differences in the valuation of single equities or markets to economic fundamentals.

. Construct an optimal portfolio of risky assets using historical return data, and assess likely changes in its composition as macroeconomic conditions change.

. Assess the market risk of an investment by calculating its value at risk (VaR), stressed VaR, and expected shortfall, and use back-testing to evaluate the accuracy of past VaR.

Apply online by January 03, 2018


An overview for each of the IMF's training centers, programs, and other training venues. Read More



2018 Training CatalogEnglish | Arabic 
French | Spanish



Training BrochureEnglish | Arabic 
French | Spanish

IMF Annual Meetings 2017 

October 9 - 15, 2017, Washington DC


Recent Events

November 17, 2017: Interim Steering Committee Meeting


The Steering Committee of the South Asia Regional Training and Technical Assistance Center (SARTTAC) met in New Delhi today and applauded the work done by the Center at a faster pace since its inauguration; Endorses the Center’s Fiscal Year 2018 Work Plan. Press Release.

September 11, 2017: India's States Finance Secretaries Meet


Workshop on Involvement of Multilateral Agencies on "Developing Capacity of State Finance Departments"
Venue: SARTTAC, New Delhi, India

Upcoming Trainings


December 11 - 15, 2017

Training course on "Financial Development and Financial Inclusion (SA17.08, FDFI)" 
Apply by: November 13, 2017
Venue: New Delhi, India

December 11 - 22, 2017

Training course on "Financial Programming and Policies (SA17.25, FPP)" 
Apply by: November 27, 2017
Venue: New Delhi, India

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Our Development Partners


Australian Government
The Treasury

European Union

Ministry of Strategy and Finance