Economist/Senior Economist, CEMAC, Central II Division, AFR
About The Position
Work for the IMF. Work for the World. The African Department’s Central II Division has a desk assignment for an Economist to work as the CEMAC desk. The CEMAC monetary union includes 6 countries, spanning the categories of fragile states, low-income countries, middle income countries and frontier markets (Cameroon, Central African Republic (CAR), Chad, Equatorial Guinea, Gabon, and Republic of Congo). All CEMAC members are program or near-program countries. The CEMAC team leads dialogue with regional institutions—regional central bank (BEAC), financial supervisor (COBAC), and the CEMAC Commission—on policy assurances needed to underpin the programs in the region. The CEMAC faces a difficult economic and financial situation amid large fiscal imbalances, intensified sovereign-bank nexus and dwindling external buffers, raising interesting questions about the Fund’s regional engagement strategy. The region will need to continue to pursue a regionally coordinated strategy to restore fiscal and external sustainability, with the support of national governments, CEMAC regional institutions and international partners, including the Fund. With country programs expected to anchor fiscal adjustment, CEMAC regional institutions’ main objectives are to support rebuilding regional reserves, strengthen the financial sector, and support structural reforms. The position offers a unique opportunity to work on a regional program and play a central role in the coordination with CEMAC country teams. This assignment will count toward the required 2-year requirement to apply for A15 opportunities under the new Fungible Macroeconomist Career Framework.
Requirements
- strong background in macroeconomics with good knowledge of Fund policies and practices
- strong interest in analytical work and cross-country surveillance
- excellent drafting
- be able to manage his/her time well
- sound analytical and data management skills
- strong interpersonal and teamwork skills
- resourcefulness in handling unexpected events
- ability to work effectively under pressure
Nice To Haves
- Working knowledge of French
Responsibilities
- be part of a team conducting the review of regional policy assurances supporting the programs
- be involved in the analysis of all sectors of the economy (with a focus on one or two sectors), policy discussions, and preparation of documents
- carry out research and analytical work on the region
- be involved in drafting the policy note and staff report for the regional policy assurances, the note for the Tripartite meeting with CEMAC ministers of finance and regional institutions, organizing the CEMAC breakfast (Annual Meetings) and participating in the review and Article IV missions
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
1,001-5,000 employees
