| Regional Webinar on "The Quarterly Macro Forecasting Framework – A Novel Approach to Policy Analysis and Forecasting(19 March 2025 г.) |
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| Presenters Mr. Tibor Hledik, Lead Economist, Joint Vienna Institute Ms. Maria Arakelyan, Senior Economist, Joint Vienna Institute Mr. Rilind Kabashi, Senior Economist, Joint Vienna Institute |
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The webinar focused on the innovative Quarterly Macroeconomic Forecasting Framework (QMFF), which aims to enhance economic forecasting and policy analysis. The core of the framework consists of behavioral equations specified in terms of deviations of real variables from their long-run trends. It is a novel combination of a gap-based modeling approach and financial programing. It has the flexibility to be adjusted to accommodate the macroeconomic characteristics of various countries and different exchange rate regimes, as well as to incorporate backward- or forward-looking expectation formation. For the detailed information please click here |
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| Regional Webinar on "Armenia’s New Risk-based Monetary Policy Framework" (13 November 2024 г.) |
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| Presenters Mr. Hayk Avetisyan, Director, Macroeconomic Directorate, Central Bank of Armenia |
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Armenia has recently introduced significant changes to its monetary policy framework. In 2024 the Central Bank of Armenia (CBA) adopted a risk management approach to price stability, known as FPAS Mark II. This new framework replaced the traditional baseline scenario with scenario analysis for decision-making and communication. The CBA conducts monetary policy within a risk management framework to analyze and communicate the uncertainty surrounding the economic outlook more effectively. Since the framework was launched recently, a profound assessment of it will require time and observation. For the detailed information please click here |
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| Regional Webinar on "Data Adequacy Assessment and Data Provision for Fund Surveillance" (27 June 2024 г.) |
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| Presenters Mr. Daniel Rodriguez, Senior Economist, Statistics Department, IMF Mr. Lawrence Dwight, Senior Economist, Middle East and Central Asia Department, IMF Mr. Dmitry Plotnikov, Senior Economist, Strategy, Policy, and Review Department, IMF Mr. Laurent Kemoe, Economist, Strategy, Policy and Review Department, IMF |
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One of the core responsibilities of the Fund is to monitor economic and financial policies of member countries and provide policy advice as part of its surveillance activity. Therefore, the data provided by country authorities to the Fund plays a pivotal role in the dialogue of between the authorities and the Fund. The current webinar focused on the data provision framework (DPF) to the Fund and the new Data Adequacy Assessment (DAA) framework updated in 2024. For the detailed information please click here |
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