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 design and 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) course 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: 

    • Create consistent macroeconomic baseline projections on the assumption that policies do not change, while respecting accounting and behavioral links among economic variables. 

    • Analyze the baseline macroeconomic scenario, to understand economic and financial developments, and diagnose macroeconomic imbalances.  

    • Identify economic vulnerabilities and risks in the baseline scenario and articulate how policy measures address them. 

    • Prepare an adjustment scenario that reflects the policy measures and their macroeconomic impact. 

    • Identify further policy goals and measures 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 Delivery Method Session No. Primary & (Interpretation) language Apply
    March 18, 2024 March 29, 2024 Minsk, Republic of Belarus Virtual Training OT 24.16V English (Russian) Invitation
    April 15, 2024 April 26, 2024 Dar Es Salaam, United Republic of Tanzania In-person Training OT 24.305 English Apply online by March 8, 2024
    October 28, 2024 November 8, 2024 Singapore, Singapore In-person Training ST 24.26 English Apply online by August 19, 2024
    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.

    Financial Sector Policies (FSP)

    Spanish | June 3-14, 2024 | In-person Training | Washington, D.C., United States

    Apply online by February 25, 2024

    Macroeconometric Forecasting and Analysis (MFA)

    English (French, Portuguese) | March 25, 2024 - April 5, 2024 | In-person Training | Ebene, Mauritius

    Apply online by February 25, 2024

    Safeguards Assessments of Central Banks (SAC)

    English | May 6-10, 2024 | In-person Training | Vienna, Austria

    Apply online by February 25, 2024

    Virtual : Financial Market Infrastructures: Principles and Practices (FMI-PP)

    English (French, Portuguese) | March 11-15, 2024 | Virtual Training | Ebene, Mauritius

    Apply online by February 25, 2024

    International Tax Administration

    English | April 1-5, 2024 | In-person Training | New Delhi, India

    Apply online by February 26, 2024