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IMF 2023 Youth Fellowship Program is open for applications

IMF 2023 Youth Fellowship Program is open for applications

About The International Monetary Fund(IMF)

The IMF works to achieve sustainable growth and prosperity for all of its 190 member countries. It does so by supporting economic policies that promote financial stability and monetary cooperation, which are essential to increase productivity, job creation, and economic well-being.

The IMF was established in 1944 in the aftermath of the Great Depression of the 1930s. 44 founding member countries sought to build a framework for international economic cooperation. Today, its membership embraces 190 countries, with staff drawn from 150 nations.

The IMF is governed by and accountable to those 190 countries that make up its near-global membership.

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At the top of its organizational structure is the Board of Governors. The day-to-day work of the IMF is overseen by its 24-member Executive Board, which represents the entire membership and supported by IMF staff. The Managing Director is the head of the IMF staff and Chair of the Executive Board. S/he is assisted by four Deputy Managing Directors.

The IMF’s resources mainly come from the money that countries pay as their capital subscription (quotas) when they become members. Each member of the IMF is assigned a quota, based broadly on its relative position in the world economy. Countries can then borrow from this pool when they fall into financial difficulty.

The IMF provides loans—including emergency loans—to member countries experiencing actual or potential balance of payments problems. The aim is to help them rebuild their international reserves, stabilize their currencies, continue paying for imports, and restore conditions for strong economic growth, while correcting underlying problems.

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The IMF monitors the international monetary system and global economic developments to identify risks and recommend policies for growth and financial stability.

The Fund also undertakes a regular health check of the economic and financial policies of its 190 member countries. In addition, the IMF identifies possible risks to the economic stability of its member countries and advises their governments on possible policy adjustments.

IMF 2023 Youth Fellowship Program is open for applications

The IMF Youth Fellowship Program (YFP) provides an opportunity for young leaders between 20 and 35 years of age from across the world to become part of our global effort to build forward better and join the IMF at the forefront of the response to global economic challenges.

The IMF YFP is a competitive capacity building program that has attracted more than 9,000 applicants since its launch in August 2020. This year, the IMF is sponsoring selected participants to experience the World Bank-IMF Annual Meetings in Marrakech, Morocco.

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  • IMF YFP is looking for youth fellows who want to contribute to the IMF’s efforts to build more resilient and inclusive growth for all, particularly for young people. As part of the program, the selected youth fellows will attend in-person workshops led by IMF management, senior IMF staff, and external experts. They will also have access to Annual Meetings seminars and events in Marrakech. The IMF will cover travel and related expenses.
  • Selected candidates will have opportunities to meet scholars, activists, leaders, and experts while creating lasting connections with other youth fellows from around the world.
  • Selected candidates will become part of the IMF Youth Network to connect with previous IMF Youth Fellows and stay informed of future opportunities, events, and publications.

If you want to create more inclusive growth for youth and share your voice with peers from around the world, apply to the IMF YFP!APPLY TO FELLOWSHIP HERE


Application Criteria:

A successful applicant should

Be between the ages of 20 and 35 years as of October 15, 2023

Have demonstrated experience in one or more of the following:

Social activism and/or engaging with a civil society organization

Entrepreneurship and/or participating in a start-up

Content creation/influencer and/or contributing to independent platforms

Have knowledge and expertise in international studies, basic economics, and development issues, particularly on inclusive economic growth, the digital economy, or climate change

Have graduated from or currently be a student in the field of international relations and development, communications, economics, or related fields

Demonstrate good public speaking and presentation skills

Be a citizen of an IMF member country

Have no current affiliation with government institutions

Not have previously been a fellow of the YFP.

Timeline

 Date (in 2023) 
 May  IMF YFP application period opens
 June 30th IMF YFP application period closes
 July Selected participants informed
 Week of October 9th  Selected participants attend the IMF YFP and IMF Annual Meetings in Marrakech, Morocco.

*Applications can be submitted in Arabic, English or French.

APPLY TO FELLOWSHIP HERE

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Simon Tyrus Caine

Simon Tyrus Caine is a solar energy expert with more than 10 years experience in the solar sector. Simon has worked and lived in more than 5 countries. Simon has been involved in solar installations, solar project development, solar financing as well as business development in the solar sector. At SolarEyes International, Simon manages content development and day to day operations of the organisation.

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