Regional Workshops
Fiscal Year 2026
Public Investment Management (May 12–16, 2025). The regional workshop introduced tools to strengthen public investment management through a mix of lectures, country presentations and practical group work that combined hands-on training and peer learning. The workshop was well attended by 29 participants from eight CCAM countries and covered a range of topics including strategic planning of public investment, cost-benefit analysis, managing risk in major projects, project and portfolio management, digitalization of PIM processes and integrating climate change. The hands-on exercises were particularly well received and provided practical application of emerging topics in infrastructure governance such as managing major project risk.
Monetary Policy Implementation (May 19–23, 2025). CCAMTAC organized a five-day regional workshop on Monetary Policy Implementation in Almaty, Kazakhstan, bringing together 18 participants from seven CCAM countries. Targeted at junior to mid-level central bank staff involved in monetary operations, the workshop combined conceptual lectures with practical discussions on interest rate corridors, liquidity forecasting, money market development, reserve requirements, and central bank collateral frameworks. The workshop fostered active regional dialogue and highlighted opportunities for further bilateral capacity development. Participants engaged in hands-on discussions on policy instruments, their calibration, and challenges in liquidity management. They emphasized the need to streamline operational tools, strengthen market infrastructure, enhance central bank communication, and further develop frameworks for emergency liquidity assistance and central bank balance sheet risk analysis. The event concluded with a panel discussion that summarized key takeaways and identified areas for future technical collaboration.
High-Level Supervision Roundtable (May 28–30, 2025). This inaugural, high-level gathering, in cooperation with IMF’s Monetary and Capital Markets Department and contributions of the Bank for International Settlements, brought together the heads of supervision, who are directly responsible for the supervision of banks and non-banks as well as those who steer the policy framework in their respective jurisdictions, was held in Almaty during a three-day session. The key themes discussed during the gathering included risk-based supervision, corporate governance and periphery issues including cyber risk and fintech. High level perspectives in policy development and supervision that are related to governance, Pillar 2 implementation and other current issues were also discussed at length.
Use of Alternative Data Sources in Consumer Price Indices (CPIs) (June 9–12, 2025). This introductory four-day in-person regional training course, arranged by CCAMTAC, focused on the use of alternative data sources in the compilation of the Consumer price indices (CPIs). The 25 participants included both CPI compilers and representatives from regional central banks. The training aimed to broaden participants’ understanding and knowledge of the key concepts and methods used for the implementation of these sources in the CPI. Key topics discussed included the use of both individual and aggregated transaction data and new data collection technologies such as web scraping and API data. Additionally, the workshop also covered newly developed methodologies like multilateral price index methods and challenges related to the digital economy. The training was based on the principles and recommendations of the CPI Manual (2020) and focused on practical solutions from countries experienced in implementing alternative data sources in the CPI.
Managing Tax Incentives (June 23–27, 2025). A five-day in-person workshop was conducted at the CCAMTAC center in Almaty. The aim of the workshop was to enhance member tax administrations’ understanding of key concepts of tax incentives and how revenue administrations can successfully manage tax incentives from their establishment to their closing. The content of the course was based on the recently issued Technical Note Managing Tax Incentives in Developing Countries (). All nine CCAM administrations were represented at the workshop and the topic created many good discussions and sharing between the countries. Given the success of the workshop and the input from the participants similar workshops may also be conducted at other technical assistance centers.
The 10th JVI-IMF-CCAMTAC Peer-To-Peer Workshop for Central Bank Practitioners from the Caucasus, Central Asia, and Mongolia (CCAM) (June 24–25, 2025). Under the JVI’s leadership, the workshop in Vienna brought together 21 senior central bank officials from nine countries alongside IMF, JVI, and external experts from major institutions. The sessions explored lessons from recent inflation surges, the regional economic outlook, central banks’ balance sheet risks, monetary policy communication, applications of the IMF’s Integrated Policy Framework, and the role of AI in central banking. Each session incorporated peer–to–peer components, where central banks shared their views and practices. The 11th workshop is planned for Vienna in 2026.
Core Principles and IFRS9 (June 30–July 4, 2025). This regional workshop provided an in-depth discussion platform for the supervisors in the region, covering current issues and challenges in IFRS9 implementation with the core elements of bank supervision as the reference for supervisory expectations. Sessions were geared towards strengthening the knowledge of the supervisors regarding how core elements of banking supervision are linked to the guidance and application of accounting for expected credit losses as outlined by the Basel Committee on Banking Supervision (BCBS). This was the first workshop where the key topics of a workshop tied to the high-level BCBS principles, highlighting their importance in the development and implementation of relevant frameworks, both supervisory and regulatory. Each day was dedicated to a specific element where governance, credit risk, and Pillar 2 implementation issues were discussed. During the workshop participating delegates highlighted their IFRS9 approaches and discussed bottlenecks and challenges in implementation of IFRS9 supervisory approaches.
Medium-Term Debt Management Strategy (MTDS) (July 7–11, 2025). This workshop provided participants with a comprehensive understanding of the MTDS framework and its analytical tools. The event brought together 21 officials from CCAMTAC member countries. Participants received hands-on training in compiling and analyzing debt data using country-specific examples. The sessions focused on evaluating the cost-risk characteristics of sample debt portfolios and identifying key risks, including those stemming from contingent liabilities. The workshop concluded with guidance on drafting a debt strategy document suitable for publication.
Sectorization of Public Units (July 15 –18, 2025). In the last two years, several countries of the region have initiated or intensified the sectorization exercises, aiming at identifying a list of public sector units in line with the international statistical standards. The bilateral technical assistance in these countries will follow up on the general work done during the workshop. The lectures focused on explaining the sectorization rules and their application in practice. To help the participants understand the principles and practical issues of sectorization based on the standards represented by GFS Manual 2014, the lecturers combined the theoretical background with practical group and guided exercises with real country case studies. The GFS compilers dealing with sectorization at Statistics Canada delivered an online presentation of their country practices. In addition, the representatives from Tajikistan and Uzbekistan shared their experience with the ongoing sectorization work in their countries. Seventeen participants from ministries of finance and central banks representing seven CCAMTAC member countries attended the workshop in person and six participants from Armenia attended the workshop remotely.
Using Digital Solutions in Treasury Function (September 8–11, 2025). IMF CCAMTAC hosted a regional workshop on Using Digital Solutions in Treasury Functions bringing together government representatives from nine countries to explore how fast-evolving digital technologies are reshaping the PFM. The workshop showcased practical applications of AI and machine learning aimed at boosting operational efficiency and enabling data-driven decision-making in treasury operations. Participants gained foundational knowledge of AI concepts, models, and techniques specifically tailored to PFM challenges. From operational risk management to cash forecasting, the AI use cases demonstrated the transformative potential of these technologies in treasury functions.
Georgia: Operational Risk Workshop (September 15–19, 2025). This second stage of the operational risk framework support to NBG included a workshop going over key issues in operational risk in banks with a focus on key regulations covering operational risk and proposed revisions to several provisions and went over the capital calculations to align the existing regulations with the Basel framework. The final, third stage of the mission will be developing the relevant internal procedures for the supervisors in the coming weeks and following the internal deliberations in NBG.
Managing the Shadow Economy (October 6–10, 2025). The aim of the workshop was to enhance Caucasus, Central Asia and Mongolia (CCAM) member tax administrations’ understanding of key concepts of the shadow economy and how revenue administrations can successfully manage the risks related to the shadow economy. The workshop material was structured based on the Fiscal Affairs Department (FAD) Technical Note “Managing the Shadow Economy” and other CD related analytical work in this area. Presentations among other included the member countries’ mitigations of the Shadow Economy risks as well as country presentations from Denmark and Poland.
Optimizing Growth and Resilience through Gender-Responsive Economic Policies (October 13–17, 2025). From October 13–17, 2025, IMF CCAMTAC hosted a regional workshop on "Optimizing Growth and Resilience through Gender-Responsive Economic Policies", welcoming 24 participants from all CCAMTAC member countries. The workshop explored how gender dynamics affect economic performance and resilience, with a focus on practical tools and data-driven policy design. Participants worked with microdata to analyze challenges like tax and benefit policies, financial inclusion, and demographic shifts. Through lectures, country presentations, and group sessions, they learned to identify inefficiencies, improve labor force participation, and design gender-sensitive policies for sustainable growth.
Climate in Macroeconomic Frameworks (October 27–31, 2025). From October 27–31, 2025, IMF CCAMTAC hosted a one-week workshop focused on Excel-based macroeconomic tools and models that integrate climate considerations, with a special emphasis on natural disasters. The program featured three hands-on workshops on incorporating climate into macroeconomic frameworks, debt dynamics with natural disasters and debt, investment, growth, and natural disasters. Each session combined lectures with practical exercises and concluded with group presentations by participants. The workshop brought together 25 participants for an intensive and collaborative learning experience.
Mongolia: IFRS9 Workshop for Supervisors (October 28–30, 2025). This mission concluded the technical assistance project supporting the Bank of Mongolia in its development and implementation of the IFRS9 supervisory framework. An initial remote engagement to draft internal supervisory procedures was followed by an in-person workshop providing practical guidance to enhance supervisors’ capacity to review and assess banks’ IFRS9 frameworks. Twenty supervisors from on- and offsite supervision teams and the Banking Policy Division joined the workshop.
Corporate Governance (November 3–7, 2025). This annual flagship governance workshop convened supervisory authorities from across the region to provide focused training on corporate governance. The program delivered specialized instructions on core governance principles applicable to both banking and non-banking institutions. It equipped the 28 participants from eight countries with practical tools to strengthen governance frameworks within their respective jurisdictions. The event fostered cross-border collaboration and the exchange of best practices in supervisory oversight across different jurisdictions.
Cohort training on Macroeconomic Analysis and Management (November 10–21, 2025). Following the successful offerings in FY2024-25, CCAMTAC and the Joint Vienna Institute (JVI) jointly delivered the first two segments of the second blended cohort training for junior government officials from the Caucasus, Central Asia, and Mongolia on Macroeconomic Analysis and Management. Thirty young officials from central banks and ministries of finance and economy gathered in Almaty for an intensive two-week workshop, part of a broader eight-month blended program. The training focused on the IMF’s Financial Programming and Policies (FPP) framework, with hands-on use of the Comprehensive Adaptive Expectations Model (CAEM) and country cases for Georgia, Kazakhstan, and Mongolia. The training included lectures, group work, and a negotiation game, which prepared participants well to deliver excellent final presentations on their baseline projections, shock analyses, and policy recommendations for sustainable growth.
GFS – Main Definitions and Principles (January 19–23, 2026). The workshop supported 26 new staff from ministries of finance and economy and other government agencies from eight CCAM countries in building GFS compilation capacity. The sessions provided the participants with an overview of the GFS framework, explained the main definitions and principles, and raised participants’ awareness of the importance of GFS for analysis and policy making purposes. Case studies, group exercises, and group discussions complemented conceptual lectures. Providing an opportunity for peer learning, the GFS resident advisor from the IMF Pacific Financial Technical Assistance Center delivered a presentation on the GFS compilation in the Pacific region, while CCAMTAC’s Public Financial Management (PFM) resident advisor illustrated the important linkages between GFS and PFM. The participants prepared group role-play presentations on selected GFS topics.
Kyrgyz Republic: National Workshop on Financial Programming and Policies (FPP) (January 26–30, 2026), hosted by the National Bank of the Kyrgyz Republic (NBKR) in Bishkek. The CCAMTAC team employed the Comprehensive Adaptive Expectations Model (CAEM) populated with Kyrgyz Republic data. Conducted in Russian, the program combined three virtual introductory sessions with five days of in-person training for 27 participants from key economic institutions. The participants used the CAEM template to analyze the structure of the economy, recalibrate model equations, update baseline forecasts, and assess policy scenarios. The workshop concluded with a panel discussion with senior central bank and government officials. Experts from the NBKR and the IMF office in the Kyrgyz Republic supported group work and delivered lectures, as part of CCAMTAC’s train-the-trainer initiative to leverage and sustain FPP training.
The Economics of Central Bank Digital Currency (CBDC) and Non-Bank Private Monies (February 2–6, 2026). The workshop focused on the financialeconomic implications of digital money developments, including retail and wholesale CBDCs, stablecoins, and emoney. Discussions explored how these innovations may affect bank balance sheets, monetary policy transmission, financial stability, capital flows, and monetary sovereignty, complemented by quantitative tools and modelbased analysis. The workshop combined expertled sessions with participant case studies and interactive workshops, fostering peer learning and practical policy dialogue.
Regional Workshop on Quantitative Tools for Monetary Policy Implementation (February 16–20, 2026) benefited 22 officials from eight countries in the Caucasus, Central Asia, and Mongolia region. Participants received training on advanced statistical methods for monetary and foreign exchange (FX) policy implementation. The workshop covered conceptual and statistical foundations of liquidity forecasting, rule-based FX intervention models, haircut modeling, and central bank stress testing. Each lecture was complemented by hands-on exercises using Excel, R, and Python. Participants engaged in peer discussions and country case presentations on liquidity forecasting challenges and worked with practical tools and scripts that could be applied to their own country's data. Interactive approaches, including gamification of a Value-at-Risk–based FX intervention framework, helped participants better understand policy trade-offs and decision-making. Pre- and post-workshop quizzes showed a significant increase in average scores, indicating a strong improvement in participants’ understanding. Participants highlighted the practical nature of the training.
Regional Academic Fellowship Workshop: Economic Policy Pathways and Regional Resilience in the Caucasus and Central Asia (February 25-26, 2026). The workshop fostered dialogue between IMF staff and 19 leading academics from the CCA region. The workshop focused on regional integration, inflation, fiscal, and structural reforms, and enhanced mutual understanding of macroeconomic challenges. Key lessons include the value of region-specific, collaborative engagement and broad IMF participation. Participants showed strong interest in ongoing collaboration, recommending expanded outreach and deeper research partnerships.
International Reserves Statistics (March 2–6, 2026). The workshop focused on core concepts, classification, and statistical treatment of international reserves in line with international standards, while highlighting their role in macroeconomic analysis. The program combined lectures with handson workshops and country presentations, covering key topics such as reserve assets, net international reserves, and the IMF’s Reserves Data Template. This approach helped participants address common compilation challenges and to exchange country experiences.
CCAMTAC held a regional workshop on communication for Central Bank Credibility and Policy Effectiveness (March 10–13, 2026) jointly with the IMF South Asia Training and Technical Assistance Center (SARTTAC) in Almaty, Kazakhstan, bringing together 25 officials representing central bank communication and policy departments from 10 member countries. Building on ongoing bilateral TA engagements, the workshop covered conceptual and practical aspects of central bank transparency and communication frameworks, including monetary policy and FX communication, crisis communication, the IMF Central Bank Transparency Code, and new tools for assessing communication effectiveness. The interactive program combined lectures with hands-on exercises, including drafting communication messages, press releases, and conducting a mock press conference. Participants exchanged regional experiences and discussed key topics such as Monetary Policy Committee (MPC) minutes, coordination of monetary and foreign exchange (FX) messaging, strategic communication objectives, audience segmentation, and the use of Large Language Model (LLM) tools in communication analysis. Peer learning was further strengthened through country presentations and panel discussions. The workshop was well received, with strong evidence of knowledge transfer reflected in pre- and post-workshop assessments and high participant evaluation scores.
Regional: Workshop on Tax Policy and Administration (March 30 – April 2, 2026). The workshop - delivered jointly by IMF staff from tax policy and revenue administration - brought together participants from eight countries to deepen their understanding of international corporate taxation issues, notably profit shifting by multinational enterprises, tax competition among countries, and the allocation of taxing rights across jurisdictions, including under tax treaties. Participants shared insights on the challenges they face in these areas, past and ongoing reforms in their countries, and related administrative constraints.
A joint CCAMTAC-SARTTAC Regional Workshop On Emergency Liquidity Assistance (April 20–24, 2026) was held in New Delhi, India, bringing together 30 officials from 12 member countries representing market operations, supervision, financial stability, and risk management departments, as well as representatives from the Ministry of Finance of Bangladesh. The workshop focused on operational aspects of ELA frameworks and collateral management, covering topics such as ELA conditions and parameters, governance and internal organization, collateral eligibility and valuation, risk control measures, and communication and transparency practices. The program combined lectures, country case studies, practical exercises, and simulation sessions, including collateral haircut calculations and an ELA simulation exercise designed to replicate decision-making under stress. The workshop concluded with a panel discussion summarizing key lessons and opportunities to strengthen ELA implementation frameworks across member countries.
Reflecting Digitalization in Financial Sector Statistics (April 20–24, 2026). The workshop brought together 27 participants from CCAM member countries, representing central banks and statistical agencies across the region. It focused on emerging issues related to digitalization in the financial sector and implications for monetary and financial statistics. Participants explored key topics such as electronic money, central bank digital currencies (CBDCs), crypto assets, stablecoins, decentralized finance (DeFi), fintech credit, tokenization, and data sources for digital financial instruments. The program also covered recent updates to international statistical standards and the Financial Access Survey, with a strong emphasis on practical application. Interactive exercises, group discussions, and country presentations allowed participants to share country experiences and apply new methodologies in practice.
