OGResearch

19/10/2026

🎓 Honoring Academic Excellence at the Erasmus Mundus EGEI Graduation!

On October 16, the graduation ceremony for the Erasmus Mundus Joint Master in Economics of Globalisation and European Integration (EGEI) took place in Santander, Spain. 🇪🇸

OGResearch was proud to support emerging economic talent by presenting three student awards recognizing exceptional dedication and analytical work:

🏆 Anna Klosova Prize for Best Master’s Thesis (Class of 2026): Giacomo Pignatti (Italy)

🌟 Best Student Award (Class of 2026): Jietse Roose (Belgium)

📈 Best First-Year Student Award (Class of 2027): J. Logan Williamson (United States)

We have a long-standing relationship with the EGEI consortium and regularly host students from the program for applied macroeconomic modeling and capacity building.

Warmest congratulations to the awardees and to the entire graduating class! 👏🌍

07/10/2026

🏛️ Concluding the MPMP Project in Tajikistan: Final Technical Workshop

OGResearch Economists Réka Doma and Zsolt Kondrát recently conducted the final workshop under the SECO-funded Macroeconomic Planning and Management Project (MPMP) in Tajikistan.

Working closely with teams from the Ministry of Finance of the Republic of Tajikistan and the National Bank of Tajikistan (NBT), the mission successfully concluded the project series with a focus on:

🔹 Monetary Sector Integration
🔹 Forecast Analysis
🔹 Policy Operationalization

This final milestone marks the completion of the MPMP project, leaving behind enhanced analytical tools and strengthened forecasting capabilities across Tajikistan's economic authorities.

06/10/2026

Check out our newsletter where we summarize the key findings from our recent forecasts. Discover the latest insights on the Dominican Republic, Kazakhstan and Malawi. Stay informed about these developments and more by checking out our newsletter on our portal at https://www.ogresearch.com/news/ogresearch-macro-portal-newsletter----october-2026

23/09/2026

🏛️ OGResearch at the 10th NBU-NBP Research Conference

OGResearch Managing Partner David Vavra participated in a panel on "The Role of Central Bank Independence in Supporting Modern Monetary Policy Frameworks" at the 10th NBU-NBP Annual Research Conference.

He spoke alongside:
🔹Anca Dragu, Governor of the National Bank of Moldova,
🔹Annika Eriksgård, Deputy Director-General for Investment and International at the Directorate-General for Economic and Financial Affairs (DG ECFIN) of the European Commission,
🔹Paweł Szałamacha, Member of the Management Board of Narodowy Bank Polski & former Minister of Finance of Poland,
🔹Oleksandr Kravchenko, Minister of Economy of Ukraine.

During his intervention, David asserted that financial markets are the best gauge of central bank independence and, as such, a central bank's best friend in pursuing independent policies. Consequently, he emphasized that central banks in emerging and developing economies must treat financial market development as a critical tenet safeguarding their independence, as the absence of markets makes the fight for independence far more difficult.

🔗 Details: https://events.bank.gov.ua/ARConference/2026/en.html

Research Conference NBU

04/09/2026

Check out our newsletter where we summarize the key findings from our recent forecasts. Discover the latest insights on Armenia and Moldova. Stay informed about these developments and more by checking out our newsletter on our portal at https://www.ogresearch.com/news/ogresearch-macro-portal-newsletter----september-2026

01/09/2026

How can central banks integrate Islamic finance into modern monetary policy while balancing exchange rate flexibility and price stability?

In a recent interview at the Monetary Policy Dialogue Forum 2026, OGResearch Managing Partner David Vávra sat down to discuss the evolving central banking landscape in Uzbekistan.

Key topics from the discussion include:
🔹 Integrating Islamic banking into modern monetary policy and liquidity management frameworks.
🔹 Navigating the interplay between exchange rate flexibility and price stability.
🔹 Supporting overall financial market development in Uzbekistan.

Watch the full interview here: https://www.youtube.com/watch?v=qRc_Xj6rwMc

05/08/2026

Check out our newsletter where we summarize the key findings from our recent forecasts. Discover the latest insights on Mongolia, Uzbekistan and Angola. Stay informed about these developments and more by checking out our newsletter on our portal at https://www.ogresearch.com/news/ogresearch-macro-portal-newsletter----august-2026

31/07/2026

🌍 Enhancing Monetary Operations in Uzbekistan

We are pleased to see the Central Bank of Uzbekistan (CBU) take a major step forward in refining its monetary policy operations. In accordance with joint recommendations from OGResearch, the International Monetary Fund (IMF), and the European Bank for Reconstruction and Development (EBRD), the CBU has introduced 7-day repo auctions as its primary instrument for absorbing liquidity.

This updated framework includes several key technical upgrades to the interbank market:
🔹 utilizing yield curve data to calculate bond pricing in repo auctions,
🔹 removing restrictions on the secondary market circulation of bonds during the repo period,
🔹 abolishing the 5-day maturity limit post-transaction,
🔹 launching "fine-tuning" repo auctions to smooth out unexpected banking liquidity fluctuations.

Read the official announcement here: https://cbu.uz/en/press_center/news/4194168/

21/07/2026

OGResearch is proud to announce a new partnership with the Erasmus Mundus Joint Master in Economics of Globalisation and European Integration (EGEI)!

Starting next academic year, we are providing a €3,000 annual fund to support outstanding student achievements and high-impact thesis research:

🏆 €1,000 — Anna Klosova Prize (Best Thesis)
🥇 2 × €1,000 — Best Student of the Year (Academic Excellence)

With several members of our team rooted in the EGEI network, this partnership reflects our ongoing commitment to nurturing global talent and bridging top-tier academia with applied macroeconomic practice.

09/07/2026

OGResearch Economists Réka Doma and Áron Iker conducted a follow-up Technical Assistance mission to Tajikistan under the SECO-funded Macroeconomic Planning and Management Project (MPMP).

Working closely with the Ministry of Finance, the Ministry of Economic Development and Trade, and the National Bank of Tajikistan, the team focused on operationalizing the existing macroeconomic model, with a specific emphasis on revenue forecasting.