Typical street scene in Santa Ana, El Salvador. (Photo: iStock)
IMF Survey: IMF Inaugurates India Training Program
January 29, 2007
- Seventh training program outside Washington headquarters
- Aims to pass on policy lessons learnt elsewhere
John Lipsky, IMF First Deputy Managing Director, and Rakesh Mohan, Deputy Governor of the Reserve Bank of India (RBI), formally inaugurated the Joint India-IMF Training Program (ITP) on January 24.
Lipsky inaugurated the India center in January. (Photo: IMF)
The ITP provides policy-oriented training in economics and related operational fields to officials in India, and in other countries in South Asia and East Africa. Courses will cover macroeconomic management and policies, financial programming, monetary policy, bank supervision, financial sector issues, public finance, exchange rate policy and foreign exchange operations, and statistics. Costs are shared by the IMF, the RBI, and the Australian government.
Lipsky noted that training is a major part of the IMF's efforts to strengthen policymaking capacity in member countries. He hoped that the new Institute would "help disseminate the policy lessons learned in other parts of the world and provide a forum for discussing regional issues. My IMF colleagues and I are very pleased that India is our partner in this new enterprise," he said.