Participation in all online courses is free of charge, and there are no limits on the number of participants per country or agency. Completion of IMF online courses is considered in the selection process for advanced IMF training courses.




Inclusive Growth (OL21.01, IGx)


Date: May 26 - July 28, 2021 (8 weeks) 

Total Estimated Workload:  48 - 64 hours

Application Deadline: May 24, 2021



About This Course: This course, presented by the Institute for Capacity Development, is designed to increase participants' understanding of the concepts of inclusive growth and give them analytical and operational tools to evaluate, measure, and monitor how macroeconomic policies can affect growth, poverty, inequality, and job creation. Online instructional materials introduce the basic concepts and policies of inclusive growth and activities offer participants an opportunity to apply the concepts. Participants learn how to design inclusive growth strategies, with special emphasis on fiscal and labor market policies, gender, technology, governance, and climate change.


Have A Peek Into Training: Achieving Inclusive Growth.


To watch course promo video click here.




Revenue Forecasting and Analysis (OL21.19, RFAx)


Date: July 1 - August 12, 2021 (6 weeks) 

Total Estimated Workload: 25 - 35 hours

Application Deadline: June 24, 2021



About This Course: Presented by the IMF Fiscal Affairs Department, the course offers hands-on learning that will help students build foundational knowledge on the different quantitative models and techniques that can be used to forecast revenues and undertake tax policy analysis, while also exploring related issues such as the features of a sound institutional framework and the key principles of tax policymaking.


To watch course promo video click here.



Balance of Payments and Internation Investment Position Statistics (OL21.138, BOP-IIPx)


Date: May 1 - August 31, 2021 (17 weeks)

Total Estimated Workload: 50 - 60 hours

Application Deadline: July 20, 2021





About This Course: This course, presented by the Statistics Department, covers the fundamentals needed to compile the international accounts. The course introduces the conceptual statistical framework for balance of payments and IIP-as presented in the Balance of Payments and International Investment Position Statistics Manual, sixth edition (BPM6), which is harmonized with other macroeconomic statistical frameworks. You will learn about the current, capital, and financial account balances, and how they reflect your economy's interaction with the rest of the world. Basic concepts, definitions, and classifications are covered, along with the principal accounting rules (including valuation and time of recording) that are relevant for compilation of the international accounts. The course also discusses the functional categories, including direct investment. The need for integration of the balance of payments with the IIP for compiling comprehensive, internationally comparable statistics will also be discussed.


To watch course promo video click here.



Public Debt, Investment, and Growth: The DIG and DIGNAR Models (OL21.126, DIGx)


Date: May 1 - August 31, 2021 (17 weeks)

Total Estimated Workload: 3 - 5 hours

Application Deadline: July 20, 2021





About This Course: This online course, presented by the IMF Institute for Capacity Development and the Research Department, explains how to analyze the relation between public investment, growth, and public debt dynamics using two dynamic structural models: the Debt, Investment, and Growth (DIG) model and the Debt, Investment, Growth and Natural Resources (DIGNAR) model. The course discusses the key modelling pieces (the investment-growth nexus, the fiscal adjustment, and the private sector response) and their interactions, which help learners understand and assess the macroeconomic effects of public investment scaling-up plans, including on growth and debt dynamics. It elaborates on factors that may shape these effects such as the type of fiscal financing, the rate of return of public capital, the efficiency of public investment, and the capacity of governments to mobilize revenues. These models help complement the analyses based on the IMF and World Bank Debt Sustainability Framework, informing policy analysis, based on qualitative and quantitative scenario analyses, on issues beyond public investment surges, such as fiscal consolidations, cash transfers to poor households, the mix of public current and capital expenditures, the efficiency of public spending and tax administration, and the collapse of commodity prices. 


To watch course promo video click here.




Enroll in these self-paced courses beginning in May and earn a certificate 



Compilation Basics for Macroeconomic Statistics (OL21.121, CBMSx)


Debt sustainability Framework for Low Income Countries (OL21.124, LIC-DSFx)


Energy Subsidy Reform (OL21.129, ESRx)


Financial Development and Financial Inclusion (OL21.115, FDFIx)


Financial Market Analysis (OL21.120, FMAx)


Financial Programming and Policies, Part 1: Macroeconomic Accounts & Analysis (OL21.127, FPP.1x)


Financial Programming and Policies, Part 2: Program Design (OL21.135, FPP.2x)


Foundation of Central Bank Law (OL21.137, FCBLx)


Government Finance Statistics (OL21.122, GFSx)


Macroeconometric Forecasting (OL21.114, MFx)


Macroeconomic Diagnostics (OL21.123, MDSx)


Macroeconomic Management in Resource-Rich Countries (OL21.130, MRCx)


Medium-Term Debt Management Strategy (OL21.125, MTDSx)


Monetary Policy Analysis and Forecasting (OL21.113, MPAFx)


Public Financial Management (OL21.128, PFMx)


RA – GAP – Tax Gap Analysis (OL21.118, VGAPx)





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The IMF Online Learning Program is generously sponsored by the Government of Japan.