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
May 30, 2018 - July 18, 2018 (7 Weeks): Financial Market Analysis (FMAx)
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.
Apply online by: May 23, 2018
August 29, 2018-October 17, 2018 (7 Weeks): Financial Programming and Policies, Part 2: Program Design (FPP.2x)
This online course, presented by the IMF Institute for Capacity Development, builds on the FPP.1x course to expand participants’ understanding of the design and application of macroeconomic and financial policies. It presents simple forecasting methods for each macroeconomic sector, explains the baseline assumptions for diagnosis of macroeconomic performance, and demonstrates preparation of a macroeconomic adjustment program for a case study country. The expected workload for this course is 6-9 hours per week.
Apply online by : August 22, 2018
Important Notes for Online Courses:
• All government officials are welcome to register. These courses are particularly relevant for officials in ministries of finance, economy, and planning and in central banks who advise on macroeconomic and financial policies.
• In general, successful completion of an online course will be viewed favorably when applying to face-to-face ICD courses at headquarters or regional centers.
• Basic Excel skills and access to a computer with a reliable Internet connection and a Google Chrome web browser are essential.
• For Online Learning (OL) courses, which are delivered through the edX platform, you will need an additional piece of information to register: you will be prompted for your edX.org username. If you do not already have a username, please go to https://courses.edx.org/register and sign up for a free account. Once you have created an account, you may complete the IMF Institute application. If you already have an edX account, your username can be found on the top right of the screen after logging in.
IMF SARTTAC held its second steering committee meeting – the first outside Delhi – where members commended the rapid scaling up and quality of services being provided, as well as their customization and practical orientation. Several noted that SARTTAC was building a sustained partnership across the region, one of the intended benefits of the RCDC model. The committee endorsed the governance procedures for the Center and the FY 2019 work program and budget. Discussions covered feedback on SARTTAC’s performance in FY2018, reporting to development partners, reporting on training results, the Result Based Management framework, financing plans, and Technical Assistance dissemination. Member countries’ high-level of ownership of SARTTAC and their appreciation of its work were notable.
IMF Deputy Managing Director Mr. Zhang visits SARTTAC to see first-hand how the center works directly with South Asian countries to build strong institutions and modernize economic policies.