Fiscal Sustainability (FS)
This course, presented by the Institute for Capacity Development, introduces the easy-to-use Excel-based Public Debt Dynamics Tool (DDT) and explains how to use this tool for projecting the stock of public debt for the baseline (most likely) and alternative scenarios, including natural-disaster scenarios and fan charts. The DDT is also used to estimate paths of fiscal adjustments consistent with a user-defined target level of debt. Participants are given preliminary data and are expected to present an analysis of the public debt situation in their country (or the country of their choice) at the end of the course.
Target Audience
All government officials are welcome to register. This course is particularly useful for officials from ministries of finance, debt agencies, central banks, and other government agencies responsible for implementing macroeconomic and debt policies.
Qualifications
Participants are expected to have a degree in economics or equivalent work experience and some familiarity with using spreadsheets.
Course Objectives
Upon completion of this course, participants should be able to:
- Project public debt.
- Identify the main drivers of public debt changes.
- Compute measures of fiscal adjustments consistent with a public debt target.
- Conduct a stress test to public debt projections, including through the use of fan charts.
- Identify the main components of a debt sustainability analysis to assess the risk of debt distress.
Upcoming Offering
| Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
|---|---|---|---|---|---|---|
| July 8, 2024 | July 19, 2024 | Vienna, Austria | In-person Training | JV 24.19 | English (Russian) | Deadline passed |
| September 16, 2024 | September 27, 2024 | Washington DC, United States | In-person Training | OT 24.10 | Spanish | Apply online by June 2, 2024 |
Videos
Introduction to Fiscal Sustainability course
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