Connect with IMF Institute

Financial Programming and Policies (FPP)

Financial Programming and Policies

This course, presented by the Institute for Capacity Development, explains how to diagnose macroeconomic imbalances and correct them through a coordinated set of adjustment policies. It covers the principal features of the four main macroeconomic sectors (real, fiscal, external, and monetary) and their interlinkages, highlighting both accounting and behavioral relationships and using data from a country case study.

Read More Topic : General Macroeconomic Analysis

    Target Audience

    Officials from ministries of finance, economy, planning and central banks who advise on or help implement macroeconomic and financial policies.

    Back to top

    Qualifications

    Participants are expected to have a degree in economics or equivalent experience and be proficient in the use of spreadsheets. It is strongly recommended that applicants have completed the online Financial Programming and Policies, Part 1: Macroeconomic Accounts and Analysis (FPP.1x) or the online Financial Programming and Analysis, Part 2: Program Design (FPP.2x) course.

    Back to top

    Course Objectives

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

    • Analyze economic and financial developments of a country in the region using historical data and a hands-on, Excel based framework.
    • Create consistent one-year macroeconomic projections on the assumption that policies do not change.
    • Identify economic vulnerabilities and risks in a baseline scenario and policy measures to address them.
    • Prepare an adjustment scenario that reflects the policy measures and their macroeconomic impact.
    • Identify further policy goals and measures beyond the one-year horizon that will be incorporated into a medium-term framework.
    Back to top

    Syllabus

    This course aims to teach participants how to both diagnose macroeconomic imbalances and correct them through a coordinated set of adjustment policies. It covers the principal features of the four main macroeconomic sectors (real, fiscal, external, and monetary/financial) and the interrelations among them, highlighting both accounting and behavioral relationships, using data from a country case study.
    Back to top

    Upcoming Offering

    Start date End date Location Session No. Primary & (Interpretation) language Apply
    October 17, 2022 October 28, 2022 Vienna, Austria JV 22.34 English (Russian) Deadline passed
    November 28, 2022 December 9, 2022 Accra, Ghana OT 22.316 English Invitation
    January 15, 2023 January 26, 2023 Kuwait City, Kuwait CE 23.06 Arabic Apply online by December 2, 2022
    February 6, 2023 February 17, 2023 Vienna, Austria JV 23.04 English (Russian) Apply online by November 13, 2022
    June 19, 2023 June 30, 2023 Singapore, Singapore ST 23.22 English Apply online by January 20, 2023
    Back to top

    Apply Now - Application deadline approaching:

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

    Virtual : Monetary Policy Implementation Course - Reference Exchange Rate

    English, October 18-20, 2022, New Delhi, India

    Apply online by October 5, 2022

    Monetary and Fiscal Policy Analysis with DSGE Models (DSGE)

    English (French, Portuguese), November 14-25, 2022, Ebene, Mauritius

    Apply online by October 7, 2022

    SADC Economic Peer Reviews - refresher surveillance Course - SA

    English (French), November 14-18, 2022, Ebene, Mauritius

    Apply online by October 7, 2022