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Fiscal Frameworks (FF)

Fiscal Frameworks

This course, presented by the Institute for Capacity Development, starts by reviewing the role of government and the objectives of fiscal policy; revisits essential macrofiscal tools and methodologies; and identifies a country’s fiscal framework as the set of institutions that design and conduct fiscal policy. The course stresses the need for high-quality information, transparency, and responsibility in order to hold governments accountable for their medium- to long-term fiscal objectives. The course concludes with thematic presentations by participants.

Read More Topic : Fiscal Policy

    Target Audience

    Junior to mid-level government officials in ministries of economy, planning, and finance, treasuries, central banks, independent fiscal agencies, and other agencies involved in the analysis, design, conduct, and assessment of fiscal policy.

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    Qualifications

    Participants are expected to have a degree in economics or finance or equivalent work experience, good quantitative skills, and proficiency in the use of computers to analyze data. It is strongly recommended that applicants have completed the Financial Programming and Policies (FPP) and the Fiscal Policy Analysis (FPA) course before enrolling in this course. Familiarity with Microsoft Excel is essential as many workshops are conducted in Excel.

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    Course Objectives

    Upon completion of this course, participants should be able to:

    • Describe recently introduced institutions to enhance fiscal policy effectiveness.
    • Critically assess the quality of data for fiscal policy.
    • Design fiscal rules for specific national problems.
    • Use an in-year tool to monitor fiscal performance.
    • Contribute to building a medium-term budget (for consolidation or stimulus) while limiting recession risks and respecting sustainability.
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    Syllabus

    This course starts with essential concepts to measure and analyze fiscal policy consistency and effectiveness, then moves to the study of fiscal frameworks as best practices devised to foster fiscal discipline (including fiscal rules and fiscal councils to promote transparency and accountability). Discipline in fiscal policy is essential to achieve macroeconomic stability and minimize the risk of unsustainable dynamics that hamper long-term adequate and inclusive growth.
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    Upcoming Offering

    Start date End date Location Session No. Primary & (Interpretation) language Apply
    October 26, 2020 November 6, 2020 Ebene, Mauritius AT 20.52V English (French) Apply online by September 23, 2020
    November 9, 2020 November 20, 2020 Singapore, Singapore ST 20.27 English Cancelled
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    Videos

    Introduction to Fiscal Frameworks course

    by Francesco Luna
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    Apply Now - Application deadline approaching:

    IMF offers online training to government officials and public. Click Learn more to find our current offerings.

    Virtual - Financial Sector Surveillance (FSS)

    English, November 2-6, 2020, Vienna, Austria

    Apply online by September 20, 2020

    Virtual - Financial Development and Financial Inclusion (FDFI)

    English, November 16-27, 2020, Singapore, Singapore

    Apply online by September 21, 2020

    Virtual - Economic Issues in Regional Integration (ERI)

    English (French), October 12-23, 2020, Ebene, Mauritius

    Apply online by September 23, 2020

    Virtual - Fiscal Frameworks (FF)

    English (French), October 26, 2020 - November 6, 2020, Ebene, Mauritius

    Apply online by September 23, 2020

    Virtual - Financial Sector Policies (FSP)

    English (French), November 9-20, 2020, Ebene, Mauritius

    Apply online by September 25, 2020