Resident Macroeconomic Frameworks Advisor - METAC

Tags: finance
  • Added Date: Thursday, 13 February 2025
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The IMFโ€™s Institute for Capacity Development (ICD) and the IMFโ€™s Middle East Regional Technical Assistance Center (METAC) are seeking a qualified candidate to fill the position of Resident Macroeconomic Frameworks Advisor. METAC was established in October 2004 as a collaborative venture between the International Monetary Fund (IMF), member countries, and bilateral and multilateral development partners. The mission of METAC is to assist member countries in advancing public policies and institutions that enable inclusive and sustainable growth, so that living standards improve for all citizens. METAC assistance is provided to fourteen countries, including Afghanistan, Algeria, Djibouti, Egypt, Iraq, Jordan, Lebanon, Libya, Morocco, Sudan, Syria, Tunisia, West Bank and Gaza, and Yemen.

The aim of capacity development (CD) in the area of macroeconomic frameworks is to help member countries improve the macroeconomic forecasting and analytical capabilities of government institutions in support of their macroeconomic policy decision-making process. Depending on country needs and capacity, macroeconomic-frameworks technical assistance (TA) projects may range from building Excel-based, sectoral relationship frameworks with supporting economic projection equations, to building semi-structural gap models or DSGE models of national economies. Near-term forecasting/nowcasting and/or debt dynamics tools are also included in these macroeconomic frameworks. In view of the capacity and resource constraints and small staff of many of the METAC membersโ€™ central banks and ministries of finance, the work agenda may include assistance with the implementation of basic elements of macroeconomic diagnostics, such as the analysis of equilibrium exchange rates, output gaps, and the basics of debt sustainability.

The Macroeconomic Frameworks Advisor will undertake these activities through TA missions, TA-related training engagements, and peer-to-peer learning activities, either alone or together with IMF staff and/or specialized short-term experts (STX) employed by the IMF. She/he will coordinate closely with ICDโ€™s CD delivery divisions, IMF country teams, the IMF Center for Economics and Finance (CEF) in Kuwait, or the IMF Regional Office in Riyadh to ensure consistency with other IMF CD activities in the region. Among the main tasks, the Macroeconomic Frameworks Advisor will:

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