Capacity Development
Strengthening the capacity of institutions, including central banks, finance ministries, revenue administrations, statistical agencies, and financial sector supervisory agencies, results in more effective policies and greater economic stability and inclusion. The IMF works with countries to strengthen these institutions by providing technical assistance and training focused on issues that are critical to economic stability and growth.
Building Institutions
The IMF provides capacity development—hands-on technical assistance, policy-oriented training, and peer-learning opportunities—so countries can build sustainable and resilient institutions that can weather external shocks. These efforts are an important contribution to countries’ progress toward the Sustainable Development Goals.
Capacity development (CD) focuses on the IMF’s core areas of expertise and helps countries tackle cross-cutting issues, such as income inequality, gender equality, corruption, and climate change. The IMF is uniquely positioned to support its membership with its global reach, institutional experience, and world-class expertise. All countries benefit from capacity development, with more support and better tailoring of capacity development activities for fragile states.
At the request of country authorities, IMF country teams and technical experts develop and implement an integrated work plan. The IMF typically works with countries through a global network of regional centers, in-country placements of long-term resident advisors, short-term visits by IMF staff and experts, classroom training, and free online courses. In response to the COVID-19 pandemic, IMF capacity development teams quickly pivoted to support institutions in formulating their economic policy response, leveraging technology and innovative modalities to ensure continued engagement when countries needed it most.
- Million
for hands-on technical advice, policy-oriented training, and peer learning
technical assistance visits involving 1,617 experts
fragile states among the top 10 recipients of technical assistance
courses delivered
languages offered
officials trained
Top 10 Partners for IMF Capacity Development
- European Union
- Japan
- China
- United Kingdom
- Germany
- Norway
- Korea
- Switzerland
- Canada
- Austria
Top 10 Recipients of Technical Assistance
- Myanmar
- Ukraine
- Liberia
- Mozambique
- Ghana
- Kenya
- Somalia
- Mongolia
- Sri Lanka
- Uganda
Top 10 Recipients by Training Participation
- India
- China
- Uganda
- Zimbabwe
- Brazil
- Egypt
- Ghana
- Cambodia
- Nigeria
- Armenia
Capacity Development Spending as Share of Major IMF Activities
Spending on Capacity Development
FY 2016–20(Millions of US Dollars, by Fiscal Year)
