Financial Programming and Policies (FPP)
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.
Target Audience
Officials from ministries of finance, economy, planning and central banks who advise on or help design and implement macroeconomic and financial policies.
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 and the online Financial Programming and Analysis, Part 2: Program Design (FPP.2x) course.
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.
- Negotiate an economic adjustment program with the respective counterparty in a role-playing simulation exercise.
- Identify further policy goals and measures that will be incorporated into a medium-term framework.
Syllabus
Upcoming Offering
| Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
|---|---|---|---|---|---|---|
| November 11, 2024 | November 22, 2024 | Singapore, Singapore | Blended Training | ST 24.26 | English | Deadline passed |
| December 2, 2024 | December 13, 2024 | Almaty, Republic of Kazakhstan | In-person Training | OT 24.34 | English | Deadline passed |
| January 27, 2025 | February 7, 2025 | Vienna, Austria | Blended Training | JV 25.03 | English (Russian) | Deadline passed |
| March 3, 2025 | March 14, 2025 | Washington, D.C., United States | Blended Training | HQ 25.01 | English | Deadline passed |
| July 21, 2025 | August 1, 2025 | Vienna, Austria | Blended Training | JV 25.20 | English | Apply online by March 30, 2025 |
| October 27, 2025 | November 7, 2025 | Singapore, Singapore | In-person Training | ST 25.27 | English | Apply online by July 29, 2025 |
Government Finance Statistics - Advanced (GFS-A)
English | February 10-21, 2025 | In-person Training | Singapore, Singapore
Apply online by November 10, 2024
Strengthening Revenue Administration for Gender Equality
English | December 9-11, 2024 | In-person Training | New Delhi, India
Apply online by November 11, 2024
Cyber Risk Supervision - Path to Operational Resilience (CRS)
English (Arabic) | January 12-16, 2025 | In-person Training | Kuwait City, Kuwait
Apply online by November 11, 2024
Cyber Risk Supervision (CRS)
English | January 20-24, 2025 | In-person Training | New Delhi, India
Apply online by November 12, 2024
Tax Policy and Administration: Theory and Practice (TPAT)
English (Arabic) | January 19-23, 2025 | In-person Training | Kuwait City, Kuwait
Apply online by November 14, 2024