October 27 - 31, 2025

From October 27 to 31, 2025, the course on Balance Sheet Approach (BSA) took place in Shenzhen in collaboration with the People’s Bank of China (PBC). 39 participants from PBC, Ministry of Finance and 8 participants from Nigeria, Bangladesh, Mongolia, Azerbaijan, Vanuatu, Cambodia and Timor-Leste participated in the training.

This course was delivered by Ms. Darja Milic (Mission Chief), Ms. Silvia Amiel and Mr. Naoto Osawa from the Statistics Department of IMF. This course equipped participants to compile and analyze the BSA matrix—a tool that integrates the balance sheets of major economic sectors into a single matrix to show sectoral claims and liabilities. Country officials learned how to generate the BSA matrix using financial, fiscal, and external statistics, enabling them to identify key exposures and vulnerabilities, such as dependence on external funding or high leverage in certain sectors.