The International Monetary Fund and Austrian authorities have renewed their cooperation agreement on the Joint Vienna Institute, extending the framework for the training center through 2030. The agreement, signed by IMF Managing Director Kristalina Georgieva, Austria's finance minister and senior officials from the Oesterreichische Nationalbank, keeps in place the JVI's role as a policy training hub for central bankers and public sector officials across Central, Eastern and Southeastern Europe, the Caucasus, Central Asia, as well as Iran and Türkiye. The renewed memorandum sets the terms of IMF-Austria cooperation for the next four years. The JVI is an independent international organization and the oldest IMF-affiliated regional capacity development center. Since 1992, it has trained almost 60,000 officials from 31 countries and now runs close to 100 courses, seminars and peer-to-peer events each year on macroeconomics, fiscal and financial sector policy, public governance, structural policy, digitalization and other emerging policy issues. Training is delivered by experts from the IMF, Austrian public institutions, the Oesterreichische Nationalbank, JVI staff and a broad group of partner institutions. The memorandum requires a review every four years. The previous review was completed in 2022.
International Monetary Fund2026-06-18
International Monetary Fund and Austria renew Joint Vienna Institute cooperation through 2030
The International Monetary Fund and Austrian authorities renewed their cooperation agreement on the Joint Vienna Institute, extending it through 2030. The agreement maintains the JVI as a regional training hub for central bankers and public officials. The center has trained almost 60,000 officials since 1992 and now delivers close to 100 events a year.