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Liquidity Forecasting and Estimation of Demand for Reserves

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Session No.: SA 25.10

Location: New Delhi, India

Date: February 10-14, 2025 (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 an advanced degree in economics or finance, or equivalent work experience; a basic understanding of econometrics; the ability to interpret econometric results; and working knowledge of Excel.

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Course Description

The program will cover issues related to Liquidity Forecasting and Estimation of Demand for Reserves. The IMF's New Statistical Tool for Liquidity Forecasting and Statistical Tool for Estimation of the Demand for Reserves will be introduced, followed by a workshop on applying these tools. The training will include hands-on experience through scenarios for mock Liquidity Forecasting Groups (LFGs).  Following the presentations and workshops, selected country case presentations will be featured.

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Course Objectives

The primary objective of this course is to:

  • Deepen participants' understanding of Liquidity Forecasting and the Estimation of Demand for Reserves.
  • Familiarize participants with the IMF's New Statistical Tool for Liquidity Forecasting and Statistical Tool for Estimation of the Demand for Reserves, enabling them to leverage these tools effectively.
  • Provide a hands-on workshop to guide participants in applying the introduced tools through scenarios involving mock Liquidity Forecasting Groups (LFGs), ensuring practical skill development.
  • Offer a comprehensive training program that empowers participants with the skills required for accurate Liquidity Forecasting, fostering competence in assessing and managing reserve demands.
  • Illustrate the practical application of Liquidity Forecasting and Demand for Reserves based on selected country cases.
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