Assessing and Managing Fiscal Risks (AMFR)
This course, presented by the Fiscal Affairs Department, discusses key institutions that help governments better assess and manage risks to the government budget. It provides an overview of typical fiscal risks including those created by the COVID-19 pandemic, their scale and relative importance, approaches for identifying and analyzing them, possible mitigating measures, and institutional arrangements for dealing with them. The course also discusses standards for the disclosure of fiscal risks – as prescribed in the IMF’s Fiscal Transparency Code – and the lessons from the IMF’s fiscal transparency evaluations.The course will also provide an overview and hands-on demonstrations of relevant tools from the IMF Fiscal Risk Toolkit.
Target Audience
Mid-level to senior government officials in ministries of economy and finance, treasuries, government accounting offices, and national-level fiscal planning bodies.
Qualifications
Relevant experience in fiscal policy, management of fiscal risks, treasury management, or budgeting.
Course Objectives
Upon completion of this course, participants should be able to:
- Define fiscal risks and contingent liabilities and identify their key characteristics.
- Identify the main fiscal risks a country may face, and assess and prioritize these risks according to their relevance.
- Identify approaches to analyzing macroeconomic risks and risks from specific sources, such as government credit guarantees, sub-national governments, state-owned enterprises, insurance programs, and public-private-partnerships.
- Develop the content of a fiscal risk statement.
- Identify institutional arrangements required for effective fiscal risk monitoring and management.
Financial Soundness Indicators (FSI)
English (Russian) | August 5-9, 2024 | Blended Training | Vienna, Austria
Apply online by May 30, 2024
Navigating Banking Supervision - Unpacking the Latest Issues with a Regional Perspective
English | June 24-28, 2024 | In-person Training | Mumbai, India
Apply online by May 31, 2024
Fiscal Sustainability (FS)
Spanish | September 16-27, 2024 | In-person Training | Washington DC, United States
Apply online by June 2, 2024
Securities Statistics (SS)
English | September 23-27, 2024 | In-person Training | Washington, D.C., United States
Apply online by June 2, 2024
Fiscal Policy Analysis (FPA)
English (Russian) | September 2-13, 2024 | In-person Training | Vienna, Austria
Apply online by June 2, 2024