Selected Issues in Fiscal Law and Governance (FLG)
This course, presented by the Legal Department, focuses on legal design aspects of current issues related to fiscal and tax laws. It covers a wide range of topics currently on fiscal policy agendas around the world in this era of fiscal tightening. Examples of issues covered are:
- current taxation issues, such as cross-border issues and base erosion, and the design of instruments in the areas of income tax and general consumption taxes (e.g., VAT) to address them;
- budget law issues, such as sound legal principles for organic budget laws, designing fiscal rules, fiscal coordination in a federal context, and the role of fiscal councils;
- aspects of public debt management (PDM) and securities, including legal and institutional aspects of PDM and the issuance of public debt securities; and
- designing legal frameworks for sovereign wealth funds and state-owned enterprises.
Target Audience
Lawyers from ministries of finance or other government agencies concerned with the legal aspects of fiscal policy making.
Qualifications
Participants are expected to be qualified lawyers with a background advising ministries of finance or other government agencies on legal aspects of fiscal policy or on drafting fiscal legislation. Attendance is by invitation only. Prerequisites are specified in the nomination request letters.
Course Objectives
Upon completion of this course, participants should be able to:
- Explain the links between various aspects of fiscal law and their implications.
- Identify legal and current policy issues in various aspects of fiscal law and best practice approaches to addressing them, such as law reform.
- Identify legal design approaches that have proven effective, based on cross-jurisdictional experiences shared by presenters and fellow participants.
Financial Markets and Instruments (FMI)
English | August 19-30, 2024 | In-person Training | Vienna, Austria
Apply online by May 19, 2024
Debt Management, Debt Reporting, and Investor Relations (DMIRx)
English | April 30, 2024 - June 18, 2024 | Online Training | Course conducted online
Apply online by May 21, 2024
Macro-relevant Environment and Climate Change Statistics - Introductory Level
English | July 29-31, 2024 | In-person Training | Vienna, Austria
Apply online by May 22, 2024
Nowcasting (NWC)
English | July 1-12, 2024 | In-person Training | Ankara, Republic of Türkiye
Apply online by May 24, 2024