APA ots news: IMF and Austria extend agreement on joint work at the Joint Vienna Institute
Vienna (APA-ots) – With the Joint Vienna Institute (JVI), Vienna has for over
three
An international center of dialogue, learning and for decades
cooperation on economic and political issues. On the 18th
In June, the IMF and Austria signed an agreement to jointly
Work on JVI renewed for the next four years. Signed
The agreement was signed by Kristalina Georgieva, director of the
International Monetary Fund (IMF), Finance Minister Markus
Marterbauer as well as Martin Kocher and Edeltraud Stiftinger, governor
or deputy governor of the Austrian National Bank (OeNB).
“The fact that we are continuing our collaboration on the JVI shows how much
Importance of the IMF and Austria in the sphere of influence of the institute
attach: After all, it is the mission of the JVI, leading
Public sector figures in the target region with the
to equip you with the tools, knowledge and networks that are necessary for you
Building more innovative, inclusive and resilient
Economies are needed,” Georgieva said. “In one
In an increasingly complex and uncertain world, it is essential to get into it
to invest in the next generation of decision-makers. The
IWF is very grateful for Austria’s continued commitment to this
JVI and for everything that experts from Vienna do in the region.
The JVI is an important pillar of the global IMF network
Capacity building.”
“The region supported by the JVI includes some of our closest
Economic partners as well as countries that work for Austria and the EU
are becoming increasingly important. Building capacity within
the state and monetary policy authorities of such countries
therefore not only benefits them themselves, but also strengthens their role
Austria as a bridge builder in an increasingly difficult world. The
Training measures at the JVI are carried out cooperatively and
in partnership. They enable countries to benefit from their experiences
to benefit each other and facilitate the construction of
Networking between different institutions and public ones
Facilities. The JVI thus contributes to sustainable economic development
Prosperity – from Europe to Central Asia,” said Marterbauer.
“The JVI is a unique forum for knowledge transfer and…
Exchange at expert level for central banks and others
Institutions,” Kocher confirmed. “By strengthening individual
and institutional competencies we promote together
economic and financial stability in the regions affected by the
JVI will be covered.”
“The JVI’s multilateral approach complements our bilateral ones
cooperation activities in the region,” added Edeltraud Stiftinger
added. “Thanks to the great commitment and active commitment on your part
of the JVI and its partners, together we ensure that the
JVI activities remain relevant and responsive to the needs of the
countries.”
The JVI is an independent international organization and that
oldest member of a global network of regional centers for
the capacity building that the IMF is pursuing. It is a
policy-oriented training center for specialists
Central banks and public institutions, the basic and
Highly topical topics are conveyed in a contemporary manner. The JVI is a
unique space for shared learning – here political
Decision makers exchange experiences, build networks
and practical solutions for shared economic
Develop challenges. The JVI addresses the following
Countries or regions: Central, Eastern and Southeastern Europe, Caucasus,
Central Asia, Iran and Türkiye.
Since its founding in 1992, the JVI has had nearly 60,000
Experts from 31 countries trained. Most recently there were almost every year
100 courses, seminars, peer-to-peer training and others
Events on the main topics: economics, tax
and financial policy, public administration, structural policy,
Digitalization and new political challenges. To the alumni
The JVI includes, among others, heads of state and government, many
current and former central bank governors, ministers
and other experts.
The JVI courses are usually taught jointly by
Experts from the IMF, Austrian government institutions, the
OeNB and the JVI. Other partners active at the JVI are the European
Bank for Reconstruction and Development (EBRD), the European
Investment Bank (EIB), the International Bank for Reconstruction and
Development (IBRD), the organization for economic
Cooperation and Development (OECD), the World Trade Organization (
WTO), the European Commission, the International
Labor Organization (ILO), the European Central Bank (ECB) as well
a growing number of central banks, including France’s,
Germany, Poland, Slovakia, the United Kingdom and
of the USA.
The Memorandum of Understanding (MoU) between the IMF and
Austria is reviewed and renewed every four years, most recently in 2022.
The renewed declaration of intent in the current MoU regulates this
Details of the cooperation between the IMF and Austria
Framework of the JVI until 2030.
Image(s) for this broadcast can be found at http://bild.ots.at
Inquiry note:
Austrian National Bank
Mag. Marlies Schroeder, MiM
Telephone: +43-1-404 20-6900
Email: [email protected]
Website: https://www.oenb.at
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OTS0108 2026-06-18/12:31