IMF Capacity Development

The European Union Delegation in Conakry and the International Monetary Fund (IMF) have signed an agreement to support Public Financial Management (PFM) reforms in Guinea. Through this project, the IMF will assist the Guinean authorities in strengthening PFM functions and practices, with a focus on program budgeting and the further roll-out of climate and gender budgeting, fiscal reporting, and fiscal risk management. The IMF thanks the European Union for financing this long-term effort and partnership in support of Guinea's economic development. #IMFCapDev #IMFPartners #DGINTPA Rattan Preet Bhullar Benoît WiestRaoilisoa O.

📺 Did you miss the International Monetary Fund event on the Global Public Finance Partnership (GPFP) during the 2024 #IMFMeetings? Don't worry! You can watch it here: 🔗 https://lnkd.in/gM3Vie7V 🌍 Launched in January 2024, the Global Public Finance Partnership (GPFP) is the IMF’s main vehicle for providing fiscal capacity development (CD) to emerging and developing economies. The GPFP combines under one roof support on both revenue and spending. It also integrates cross-cutting themes into its work—including climate change, gender, inclusion, and the digitalization of fiscal operations. The initial partners who support the initiative are Belgium 🇧🇪, France 🇫🇷, Germany 🇩🇪, Japan 🇯🇵, Luxembourg 🇱🇺, The Netherlands 🇳🇱, Sweden 🇸🇪, Switzerland 🇨🇭, and the United Kingdom 🇬🇧. New partners were announced during the event: The European Union 🇪🇺, Denmark 🇩🇰, Norway 🇳🇴, and the Kingdom of Saudi Arabia 🇸🇦. #IMFCapDev #IMFPartners Vitaliy Dubil Peter Kunzel Teresa Curristine

Join us for a special webinar this Wednesday, November 6th at 1:00PM Mauritius Time, on "Experiences in Gender Budgeting: A Cross Country Perspective" Register now: https://lnkd.in/ewBm9Z6x Africa Training Institute #MiddleEastRegionalTechnicalAssistanceCenter #SouthAsiaRegionalTrainingandTechnicalAssistanceCenter #SukhwinderSingh Holger Floerkemeier Giorgia Albertin Monique Newiak #LaurenKeating #SarojKumarAdhikari Oussama Gidar #LeilaMejal

💻 How can information technology (IT) support tax administration?     💡 Find the answer in the new online course “VITARA: Information Technology and Data Management”, our latest addition to the comprehensive Virtual Training to Advance Revenue Administration e-learning program. Equip yourself with the IT essentials and tools necessary for transformative tax reforms.    👉REGISTER NOW!    📚 COURSE: - First edition available for government officials only: https://lnkd.in/eYyCGppx   📅 DATES:  - Registration deadline: November 26th, 2024    - Course opens: November 19th, 2024    - Course closes: December 10th, 2024      📚VITARA SERIES: - Government Officials: https://lnkd.in/ebnBSHdi - General Public: https://lnkd.in/efX2eeZp     #IMFOnlineLearning #IMFTraining #DigitalTransformation #VITARA #TaxAdministration #ITinTax

Financial integrity failure shocks can result in a plunge in stock prices and a rise in insurance costs. What’s more, the ripples can be felt through the banking sector.   Join us for a panel discussion on this and more on Oct 24 @ 11am (EST). Streaming LIVE - https://lnkd.in/dQtMbKhG

🌍 At the 2024 #IMFMeetings, we had an insightful event on the fight against money laundering.    The event highlighted an innovative Nordic-Baltic project, which, as @Yan Liu, General Counsel and Director of the Legal Department at the International Monetary Fund, noted, is “very unique in the sense that it took a cross-border view of money laundering activities (instead of looking at each country separately) and also analyzed the exposure of the region to money laundering and terrorism financing risks in Sweden.”    The project, funded by 🇩🇰 Denmark, 🇪🇪 Estonia, 🇫🇮 Finland, 🇮🇸 Iceland, 🇱🇹 Lithuania, 🇱🇻 Latvia, 🇳🇴 Norway, and 🇸🇪 Sweden, provided a comprehensive understanding of how money moves across borders. 💰 Using data from SWIFT (a global messaging network for banks), the project identified unusual financial activities and patterns that might indicate money laundering. It also linked financial integrity (preventing money laundering and terrorist financing) with financial stability (ensuring the health of the financial system).    This work will allow regulators and banks to take proactive measures to prevent crises, such as financial losses, legal penalties, reputational damage, financial market instability, loss of investors’ confidence, and more.    The project underscored the importance of international cooperation in tackling cross-border financial crimes. We hope it can serve as a model for future efforts in promoting financial integrity and stability in the world.    In the event, we had the pleasure of hearing from distinguished guests and IMF representatives:  🔵Erik Blommé, Director of AML Supervision, Financial Supervisory Authority, Sweden  🔵Chady El Khoury, Deputy Division Chief of the Legal Department's Financial Integrity Group, IMF  🔵Mindaugas Leika, Senior Financial Expert in the Monetary and Capital Markets Department, IMF  🔵Yan Liu, General Counsel and Director of the Legal Department, IMF  🔵Anna Seim, Deputy Governor, Riksbank, Sweden    Capacity Development support is available to the broader IMF membership through the AML/CFT Thematic Fund which is supported by twelve development partners: Germany 🇩🇪, Switzerland 🇨🇭, Netherlands 🇳🇱, Japan 🇯🇵, Luxembourg 🇱🇺, Italy 🇮🇹 (the newest member), Qatar 🇶🇦, Saudi Arabia 🇸🇦, Canada 🇨🇦, Korea 🇰🇷, the United Kingdom 🇬🇧, and France 🇫🇷.     📺 Did you miss the event? Watch the recording here: https://lnkd.in/ewXVPpEM     #IMFCapDev #IMFPartners #AntiMoneyLaundering #AML #FinancialStability #CFT #InternationalCooperation Vamsee Kanchi

Have you ever wondered how tax administrations strategically allocate resources to maximize revenue? 📈 🎬 Our latest 3-min-video playlist, available in the IMF Institute Learning Channel in YouTube, dives into the world of Compliance Risk Management (CRM), explaining how it identifies and prioritizes risk areas for effective resource allocation. 📊 Discover the significant impact of the CRM Framework on enhancing revenue collection and overall compliance. 📺 Watch our playlist here: 👉 https://bit.ly/CRMxPL1LI #IMFCapDev #IMFLearning #CRM #ComplianceRiskManagement

📈 Curious on how to boost your organization’s performance? Find out how a centralized performance management unit can drive efficiency, streamline annual reporting, and enhance program evaluation in our latest 3-min video series on the IMF Institute Learning Channel in YouTube. 📺 Ready to dive in? Watch our playlist now: 👉https://lnkd.in/eejZMcZP #IMFCapDev #IMFLearning #PerformanceManagement

🌍✨ During the 2024 #IMFMeetings, we were delighted to hear about Rwanda’s remarkable achievements in advancing climate reforms at the high-level roundtable on capacity development in Sub-Saharan Africa, organized by the IMF's African Department and Institute for Capacity Development.   With the support of IMF AFRITAC East, Rwanda has successfully developed vital climate reforms for the Resilience and Sustainability Facility (RSF). This collaboration began with assistance on the Climate Policy Implementation and Monitoring Assessment (CPIMA) and progressed through valuable guidance, ultimately leading to essential initiatives such as climate tagging and integrating climate risks into fiscal planning.   This critical work is made possible by the generous financial support of our development partners, demonstrating the power of collaboration in tackling climate challenges and promoting sustainable growth in the region. We extend our gratitude to China, Germany, the European Union, the Netherlands, Norway, Switzerland, and the United Kingdom for their unwavering support of AFRITAC East and its member countries.   Together, we are committed to building a resilient future!   #ClimateReform #SustainableDevelopment #CapacityDevelopment #AFRITACEast #Partnerships National Bank of Rwanda (NBR) Ministry of Finance and Economic Planning Ministerie van Buitenlandse Zaken Norwegian Ministry of Foreign Affairs SECO Economic Cooperation and Development European Commission Foreign, Commonwealth and Development Office Conrad Jacobs Miljan Sladoje Alessandro Pisani Franck Bousquet Daniela T. Amra Srdanovic, MBA, PMP Matthew Quillinan Faith Peter Kunzel K. Ann-Margret Westin  

International Monetary Fund (IMF) Managing Director Kristalina Georgieva and European Commissioner for International Partnerships Jutta Urpilainen signed a partnership agreement related to the European Union's contribution to the Global Public Finance Partnership (GPFP) and the Public Financial Management Partnership Program II (PFM-PP2) of the IMF. The agreements include a contribution of EUR 15 million to the GPFP and a contribution of EUR 8 million to the second phase of the PFM-PP, a bilateral agreement in public financial management. Both these agreements are timely as the world faces high levels of public debt and great global uncertainty making it essential to reduce debt in a way that doesn’t undercut growth. This renewed partnership will enable the IMF to help countries mobilize more revenues and manage public spending. By improving public financial management, countries can create more fiscal space in challenging times. European Commission European External Action Service European Union Delegation to the United States Franck Bousquet Dominique Desruelle Benoît Wiest Demet Cabbar Marion Muscat Peter Kunzel marjeta jager Carolina Lasso Navarro Lucie Bartošková Fanny Dabertrand