## Virtual Workshop on Fiscal Risk Management Toolkit — April 26-30, 2021

## Source details

**Canonical URL:** [Virtual Workshop on Fiscal Risk Management Toolkit — April 26-30, 2021](https://www.imf.org/-/media/files/topics/fiscal/fiscal-risks/seminarsdocs/captacdrenglishversionfrmtoolkitworkshop-april2021.pdf)

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### Workshop overview
- Event: Virtual Workshop on Fiscal Risk Management Toolkit
- Organizer: Fiscal Affairs Department (FAD), International Monetary Fund
- Dates: April 26-30, 2021
- Location / Timezone: Washington DC (GMT -4)*
- Format: Multi-day program with presentations, tool introductions, Q&A, country presentations, and panel discussion

### Major tools and methodologies introduced
- Fiscal Risk Management — An Overview
  - Presenter: Mr. Ramon Hurtado, Senior Economist, Fiscal Affairs Department, IMF
- Identification and Quantification of Fiscal Risks
  - Presenters: Ms. Lesley Fisher, Senior Economist, Fiscal Affairs Department, IMF; Mr. Noel Gallardo, Public Financial Management Expert
- COVID-19 Stress Test Tool
  - Presenter: Mr. Alvaro Manoel, Public Financial Management Expert
- SOE Health Check Tool
  - Presenter: Mr. Felipe Bardella, Senior Economist, Fiscal Affairs Department, IMF
- PFRAM (Public Financial Risk Assessment Matrix)
  - Presenter: Mr. Rui Monteiro, Technical Assistance Advisor

### Daily program highlights and timing
- Day 1: Monday, 26 April, 2021
  - 10:00 a.m. – 10:10 a.m.: (Opening slot)
  - 10:10 a.m. – 10:45 a.m.: Introduction to the Workshop — Ms. Manal Fouad, Assistant Director, Fiscal Affairs Department, IMF
  - 10:45 a.m. – 11:20 a.m.: Identification and Quantification of Fiscal Risks — Ms. Lesley Fisher, Senior Economist, Fiscal Affairs Department, IMF
  - 11:20 a.m. – -11:35 a.m.: Break
  - 11:35 a.m. – 12:15 p.m.: Identification and Quantification of Fiscal Risks — Mr. Noel Gallardo, Public Financial Management Expert
  - 12:15 p.m. – 12:45 p.m.: (Session)
  - 12:45 p.m. – 1:15 p.m.: Q&A; Country presentation: Fiscal Risk Unit (Rolando Sapriza, Paraguay)

- Day 2: Tuesday, 27 April, 2021
  - 10:00 a.m. – 10:10 a.m.: Recap of previous day and polling question — Mr. Ramon Hurtado, Senior Economist, Fiscal Affairs Department, IMF
  - 10:10 a.m. – 10:50 a.m.: Introduction to COVID-19 Stress Test Tool — Mr. Alvaro Manoel, Public Financial Management Expert
  - 10:50 a.m. – 10:55 a.m.: Break
  - 10:55 a.m. – 11:30 a.m.: Introduction to COVID-19 Stress Test Tool — Mr. Alvaro Manoel, Public Financial Management Expert
  - 11:30 a.m. – 12:00 p.m.: (Session)
  - 12:00 p.m. – 12:45 p.m.: Q&A; Country presentation: Macro-fiscal risks (Guilherme Furtado de Moura, Brazil)

- Day 3: Wednesday, 28 April, 2021
  - 10:00 a.m. – 10:10 a.m.: Recap of previous day and polling question — Mr. Alvaro Manoel, Public Financial Management Expert
  - 10:10 a.m. – 10:50 a.m.: Introduction to SOE Health Check Tool — Mr. Felipe Bardella, Senior Economist, Fiscal Affairs Department, IMF
  - 10:50 a.m. – 10:55 a.m.: Break
  - 10:55 a.m. – 11:30 a.m.: Introduction to SOE Health Check Tool — Mr. Felipe Bardella, Senior Economist, Fiscal Affairs Department, IMF
  - 11:30 a.m. – 12:00 p.m.: Q&A
  - 12:00 p.m. – 12:45 p.m.: Country presentation: SOE fiscal risk management (Fritz Bachmair, Cabo Verde)

- Day 4: Thursday, 29 April, 2021
  - 10:00 a.m. – 10:10 a.m.: Recap of previous day and polling question — Mr. Felipe Bardella, Senior Economist, Fiscal Affairs Department, IMF
  - 10:10 a.m. – 10:50 a.m.: Introduction to PFRAM — Mr. Rui Monteiro, Technical Assistance Advisor
  - 10:50 a.m. – 10:55 a.m.: Break
  - 10:55 a.m. – 11:30 a.m.: Introduction to PFRAM — Mr. Rui Monteiro, Technical Assistance Advisor
  - 11:30 a.m. – 12:00 p.m.: Q&A
  - 12:00 p.m. – 12:45 p.m.: Country Presentation: PPP fiscal risks (Carlos Salinas, Mexico)

- Day 5: Friday, 30 April, 2021
  - 10:00 a.m. – 10:10 a.m.: Recap of previous day and polling question
  - 10:10 a.m. – 11:15 a.m.: Panel Discussion on Fiscal Risks in Latin America
    - Country Participants: Argentina, Brazil, Costa Rica, Dominican Republic, and Peru
    - Facilitator: Ms. Lorena Rivero del Paso
  - 11:15 a.m. – 11:30 a.m.: Q&A and Evaluation
  - 11:30 a.m. – 12:00 p.m.: Participant Presentations of FRAT (2 examples)
  - 12:00 p.m. – 12:10 p.m.: Final Remarks — Ms. Martha Cubillo, PFM Advisor CAPTAC

### Country and participant engagements
- Country presentations and discussants included:
  - Paraguay: Fiscal Risk Unit — Rolando Sapriza
  - Brazil: Macro-fiscal risks — Guilherme Furtado de Moura
  - Cabo Verde: SOE fiscal risk management — Fritz Bachmair
  - Mexico: PPP fiscal risks — Carlos Salinas
  - Panel participants: Argentina, Brazil, Costa Rica, Dominican Republic, Peru
- Facilitators and discussants from IMF/FAD and CAPTAC supported tool demonstrations and FRAT presentations:
  - Ms. Manal Fouad; Mr. Ramon Hurtado; Ms. Lesley Fisher; Mr. Noel Gallardo; Mr. Alvaro Manoel; Mr. Felipe Bardella; Mr. Rui Monteiro; Ms. Lorena Rivero del Paso; Ms. Martha Cubillo

*Local time Washington D.C., USA (UTC/GMT-4 hours).

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_Source: https://www.imf.org/-/media/files/topics/fiscal/fiscal-risks/seminarsdocs/captacdrenglishversionfrmtoolkitworkshop-april2021.pdf_