Work for the IMF. Work for the World.
The African Department’s Eastern III Division is looking to hire Macroeconomists (Fungible) to work on the Central African Republic (CAR)—a fragile and conflict‑affected state (FCS) and member of the CEMAC currency union.
CAR confronts complex policy challenges, including low domestic‑revenue mobilization, severe debt vulnerabilities, and deep‑rooted structural impediments. As the current ECF arrangement nears expiration, CAR is set to embark on a successor Fund‑supported program which will be anchored within a new joint IMF‑WB 10‑year strategic framework. This framework aims to durably tackle underlying fragilities and imbalances, substantially reduce debt‑distress risks, and lower exposure to senior debt. In line with the FCS Strategy, the Fund has been delivering extensive technical assistance to CAR, particular in fiscal policy.
The CAR assignment is an exciting opportunity to participate in the negotiation of a new arrangement and develop—or deepen—comprehensive program experience, join a team shaping a new and far‑reaching collaborative initiative with the WB, and meet the LIC‑FCS operational experience requirement. It also provides strong visibility in AFR and across the Fund, along with exposure to a substantial capacity‑development agenda. In addition, the country team provides an excellent work environment that encourages initiative and independent thinking, combined with efforts to ensure good work-life balance.
The team expects to hire multiple macroeconomists for the CAR Team. The selected candidate(s) is expected to oversee the monetary and financial sectors while also contributing to selected structural fiscal issues, although specific responsibilities may be adjusted considering individual backgrounds. They will be expected to contribute to, and in some cases lead, the preparation of team outputs and to deliver high-quality analytical work. The economist(s) is expected to travel to the country as a member of the CAR team and participate in missions, numbering about four per year. Additional responsibilities include reviewing departmental and Fund-wide policy papers, as well as contributing to cross-country and regional analytical work.
Eastern III Division comprises the following countries: CAR, Democratic Republic of the Congo, Tanzania, and Uganda.
Minimum Qualifications
In addition to the qualifications set forth in the job standards, the successful candidate(s) must have a strong background in macroeconomics with good knowledge of Fund policies and practices.
Further, they should have excellent writing skills, sound analytical, data management and quantitative skills, strong organizing skills and adaptability to meet tight deadlines and carry a substantial workload, and strong interpersonal and communications skills to foster effective work relations with authorities and work collaboratively in a team environment. Working knowledge of French would be a strong advantage.
Relevant questions can be directed to CAR’s Mission Chief, Nazim Belhocine.
Department:
AFRE3 African Department Eastern III Division
Hiring For:
A11, A12, A13, A14
The IMF is guided by the principle that the employment, classification, promotion, and assignment of staff shall be made without discrimination against any person. We welcome requests for reasonable accommodations for disabilities during the selection process. Information on how to request accommodations will be provided during the application process.
The International Monetary Fund has a key position in promoting the health of the world economy. Established in 1944 as a part of the United Nations system, the IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries and their citizens to buy goods and services from each other. This is essential for sustainable economic growth and rising living standards.
To maintain stability and prevent crises in the international monetary system, the IMF conducts surveillance of national, regional, and global economic and financial developments. It provides advice to its 190 member countries, encouraging them to adopt policies that foster economic stability, reduce their vulnerability to economic and financial crises, and raise living standards. The IMF also serves as a forum where its global membership can discuss the national, regional, and global consequences of their policies.
The IMF makes financing temporarily available to member countries to help them address balance of payments problems—that is, when they find themselves short of foreign exchange to meet their payments to other countries.
Finally, the IMF provides countries with training to help them build the expertise and institutions they need for economic stability and growth. Supporting all of these activities is the institution's work in economic research and statistics.
