Regional Workshops
Regional Workshop – Managing the Relationship with Large Taxpayers (April 20–21, 2022). |
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This was the third and last regional workshop in the series “Tax Administration of the 21st Century” exploring the compliance risk management approaches to large taxpayers’ segment from the single case to the strategic level, be it in a sophisticated digitalized environment or in the context of limited IT tools. The expert team shared the experience specific to their countries of origin as well approaches and trends they have learned in their international work. | |||
Regional Workshop – Modern Approaches to Tax Audit (April 5– 6, 2022) |
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This was the second workshop of FAD/CCAMTAC regional workshop series on “Tax Administration of 21st Century”, which discuss the strategic approaches to modernizing the revenue administration services and processes in the era of digitalization. This workshop focused on the implications of digitalization on traditional “hands-on” audit techniques specifically in relation to micro, small and medium-sized businesses. It also discussed the changing mix and timing of the compliance activities as well as the changing role of a tax auditor. | |||
Regional Workshop – Strengthening Tax Policy in CCAM (April 5–April 7, 2022) |
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The workshop provided a high-level training on tax policy design, bringing participants up to speed on key current tax policy issues, especially from a regional perspective. It was the first workshop offered by CCAMTAC that exclusively focuses on tax policy and design issue. The general umbrella of the workshop was how CD in tax policy can assist in guiding the tax reform process. Discussions were centered around the following specific topics: (i) income tax policy reform options that can boost revenue in a way that is both inclusive and growth friendly; (ii) the effectiveness and efficiency of tax incentives, considering the 2021 G20-OECD Inclusive Framework agreement; the taxation of the natural resources sector; environmental taxes; anti-tax avoidance rules; and cross-border tax dispute prevention and resolution options in the context of tax treaties. | |||
Regional Workshop – Projecting Debt Dynamics and Fiscal Paths (March 21–25, 2022) |
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CCAMTAC, the Joint Vienna Institute (JVI), and Singapore Regional Training Institute in cooperation with the China IMF Capacity Development Center hosted an online regional workshop, which was jointly delivered by the IMF’s ICD, CCAMTAC, and JVI experts. The objective of this event was to provide hands-on capacity development on ICD’s Debt Dynamics Tool to officials from countries covered by CCAMTAC in projecting public debt dynamics, while working with their own country data. At the end of the workshop, participants gave a presentation on their country debt developments and discussed a | |||
| baseline scenario, possible fiscal adjustment paths, results of standard and customized stress tests. A session responding the questions brought up by the participants. | ||||
Regional Webinar – Strengthening Banks' Corporate Governance in the Post Covid-19 World (March 17, 2022) |
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A Webinar on Corporate Governance covering the impact of Covid-19 was held on 17 March 2022. The Webinar was delivered jointly by the CCAMTAC resident advisor and experts joining from IMF’s Monetary and Capital Markets Department and discussed the recent developments in corporate governance, including the upcoming international standard setters’ reviews and possible changes to the corporate governance framework. In addition, overall compliance with the international standards as well as the impact of Covid on supervision and changing financial services’ delivery modes due to Covid restrictions and hybrid engagements were discussed. The National | |||
| Bank of Georgia presented their governance framework and highlighted the issues they faced during the covid restrictions. They also presented the elements of their risk-based supervision framework and steps they have taken to deal COVID and supervisory issues. The presentations followed by an engaging discussion session among the participants and included a Q&A session responding the questions brought up by the participants. | ||||
Regional Workshop – Monetary Operations and Collateral Framework (March 15-16, 2022) |
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| On March 15-16, 2022, the CCAMTAC held the workshop on monetary operations and collateral frameworks. The event was jointly organized by the CCAMTAC and Monetary and Capital Markets Department. The workshop aimed at familiarizing participants from central banks with main concepts, recent trends and challenges of setting collateral frameworks. Presentations covered conceptual issues of the collateral framework and its implications for monetary policy implementation and central bank balance-sheet, practical considerations of collateral for emerging countries and discussion of the main elements of the ELA. At the workshop experts presented categorizing | ||||
| collateral and risks of accommodative collateral policies for central banks, particularly in an environment with weak central bank independence and shallow financial markets. The presentations followed by an engaging discussions of peer experiences and challenges. Participants from Mongolia and the Kyrgyz Republic presented their collateral frameworks. | ||||
Regional Workshop - Tax Administration in the 21st Century (March 15-16) |
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The first workshop was part of CCAMTAC/ FAD (IMF Fiscal Affairs Department) Regional Workshop series on Tax Administration in the 21st Century, discussing the strategic approaches to modernizing the revenue administration services and processes in the era of digitalization. The workshop introduced the OECD’s Tax Administration 3.0 Maturity Model, explored the role of the Revenue Administrations in the wider tax ecosystem, and the challenges related to managing the transformational change. The event brought together senior and functional managers from CCAMTAC member countries’ revenue | |||
| administrations. They had an opportunity to learn from international experience, specifically, from cases of Australia, Estonia, Finland, and New Zealand. Please click on the following links to access the workshop presentations: Tax Administration 2.0, Tax Administration 3.0, Introducing the Change, Technology Enablers and New Business Approaches. |
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Regional Workshop – Follow-up workshop on Liquidity Forecasting Framework (March 9, 2022) |
| On March 9, 2022, the CCAMTAC held the workshop on liquidity forecasting framework which aimed at assisting central banks to enhance their liquidity management. The workshop was organized jointly by the CCAMTAC and expert from the Monetary and Capital Markets Department of the IMF. Participants familiarized with the concept of the liquidity forecasting framework, model’s interface, pros and cons of models applied for forecasting autonomous factors as well as discussed future bilateral TA cooperation. Participants actively discussed the quality of forecasts, model’s applicability for forecasting of various variables in different operating frameworks. The workshop hosted officials from all nine central banks of the region involved in liquidity management and forecasting. |
Regional Workshop – Use of DSGE Models in Policy Environment (March 1-3, 2022) |
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| The workshop, organized jointly by CCAMTAC, ICD, and MCM aimed at (i) sharing experience in the region, (ii) reviewing some of the frontier thinking; and (iii) discussing how CCAMTAC can support peer-learning. More and more central banks, as well as ministries of finance and economy, intend to upgrade their analytical tools, with a strong interest in dynamic stochastic general equilibrium (DSGE) models. Forecasting and policy analysis tools have become even more important during the current covid-19 pandemic and will be key as | ||||
| countries are exiting from the pandemic and dealing with heightened global uncertainty. The workshop provided an excellent opportunity to bring experts and specialists from regional country authorities together. The active participation of officials from central banks, ministries, and agencies helped to cross the institutional aisle and underline the alternative use of models in the various institutions. | ||||
Regional Workshop – Economic Time Series and Quarterly National Accounts (February 21-25, 2022) |
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| The workshop discussed main challenges in the compilation of quarterly GDP. The regional workshop hosted the national accountants from all nine countries of the region. Through presentations, discussions, and workshops participants were encouraged to implement the recommended practices to the extent possible in: (i) transition from cumulative source data to discrete; (ii) chain-linking of quarterly time series with the annual data; and (iii) compiling | ||||
| quarterly household consumption at constant prices. Following the discussion with participants, the preliminary plan of CCAMTAC technical assistance activities was prepared for the next fiscal year. | ||||
Regional Workshop – Liquidity Management and Forecasting (February 15-16, 2022) |
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| The workshop was the second event in the series of workshops on monetary policy implementation. The workshop focused on “Liquidity Management and Forecasting” and was aimed to familiarize participants from central banks on main concepts, processes and challenges of liquidity management and forecasting for effective monetary policy implementation. The workshop included three lecture sessions and one panel discussion which covered the following issues: (1) main concepts of liquidity management and forecasting; | ||||
| (2) recent liquidity management challenges, (3) liquidity management and forecasting processes, (4) discussion of the IMF technical assistance on liquidity forecasting frameworks, (5) peer-to-peer discussions and sharing country experiences on liquidity frameworks from representative of Armenia and Kazakhstan. During the workshop participants actively discussed: (1) liquidity management for various monetary regimes, (2) neutral liquidity position and setting the reserve target, (3) frequency and horizon of liquidity forecasts and benefits of publishing liquidity forecasts. The workshop hosted the central bank officials from all nine countries of the region. | ||||
Regional Workshop – Government Finance Statistics and Public Sector Debt Statistics (February 8-9, 2022) |
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| Following up on the request expressed by the participants of the Opening Workshop on Government Finance Statistics and Public Sector debt Statistics held in September 2021, this this virtual regional activity aimed at familiarizing the participants with the methodology and process of decision on the sector classification of public sector units. The workshop was attended by seventy participants from the ministries of finance, the national statistical institutes and offices, and the central banks of all nine CCAMTAC member countries. The participants learnt about (i) the definition of an institutional unit; (ii) the application of a market test; and (iii) specific features of the sectorization of units engaged in the financial and non-financial activities. | ||||
Regional Workshop – Monetary Policy Instruments and Operational Frameworks (February 1-3, 2022) |
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| CCAMTAC has launched a series of workshops on monetary operations in CCAM region to assist country authorities in strengthening their monetary policy implementation and to ensure engagement with authorities. The workshop covered issues related to broad principles of monetary policy, monetary policy instruments and operating frameworks, short-term interest rates and interest rate corridors, open-market operations, standing facilities and other issues related to MP operations.. Several sessions were devoted to sharing country experiences and peer discussions on monetary policy | ||||
| implementation and challenges in regional context. Through presentations and discussions participants found out similarities in monetary frameworks and were encouraged to implement new practices to the extent possible. | ||||
Regional Workshop – Strengthening Public Investment Management Institutions (PIMA) (January 24-27, 2022) |
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| In conjunction with the Japan Infrastructure Governance Facility, CCAM delivered a four-day online workshop for officials from CCAMTAC countries and Pakistan on public investment management. The workshop presented the strategies and tools to strengthen public investment management, including the Public Investment Management Assessment (PIMA) and its new Climate module, and enabled participants to assess the progress in public investment management in their own countries and exchange knowledge with IMF experts. It was CCAMTAC’s first regional seminar on this topic in this region, and the first PFM workshop organized by CCAMTAC. | ||||
Regional Workshop – Informal Economy from Tax Administration Perspective (November 10-12, and November 18, 2021) |
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| The workshop was an opening event for the CCAMTAC’s Revenue Administration workstream and covered the topic that was identified as a priority by all the CCAM revenue administrations. The objective of the workshop was to improve the understanding of the characteristics of the informal economy in the region and share experiences and challenges that the revenue administrations face in relation to reducing the share of informal economy. As a result of the workshop, regional level peer-to-peer contacts were created and more detailed topics for further cooperation identified. | ||||
Regional Workshop - Dollarization Issues in CCAM Region (September 21-22, 2021) |
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| The workshop on “Dollarization in CCAM Region” was aimed to exchange views with officials from the region on dollarization issues and to assist country authorities in enhancing monetary and foreign exchange (FX) operations. The regional workshop was an opening event for the CCAMTAC’s Monetary and FX Operations workstream. The webinar covered broad principles of dollarization, managing associated risks, and measures to contain them. Several sessions were devoted to sharing country experiences and challenges on de-dollarization measures and peer discussions. Country authorities from all nine countries actively participated at the workshop. | ||||
Regional Workshop - Government Finance Statistics (GFS) and Public Sector Debt Statistics (PSDS) (September 13-17, 2021) |
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| The workshop launched CCAMTAC’s CD program in government finance statistics and quarterly public sector debt statistics (GFS and PSDS). The main objective of this capacity development event was to identify each country TA needs and to establish medium term country work plans to improve the compilation and dissemination of its fiscal data. Besides providing theoretical background of the key principles and concepts of the compilation of GFS and PSDS, the workshop also offered the opportunity for the countries to exchange their practice in the compilation of these statistics. The workshop | ||||
| hosted the compilers from the Ministries of Finance, National Statistical Institutes and Central banks from all nine countries of the region. | ||||
