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 and 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.
    • 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.
       
    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
    October 21, 2024 October 31, 2024 Abu Dhabi, United Arab Emirates In-person Training CE 24.23 Arabic Deadline passed
    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 Apply online by October 25, 2024
    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
    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.

    Nowcasting (NWC)

    English | January 13-24, 2025 | In-person Training | Vienna, Austria

    Apply online by October 14, 2024

    Macroeconomics of Climate Change - Science, Economics, and Policies (MCCx-SEP)

    English | October 21, 2024 - December 31, 2024 | Online Training | Course conducted online

    Apply online by October 14, 2024

    Macroeconomics of Climate Change - Mitigation Strategies (MCCx-MS)

    English | October 21, 2024 - December 31, 2024 | Online Training | Course conducted online

    Apply online by October 14, 2024

    Macroeconomics of Climate Change - Transitioning to Net-zero (MCCx-TNZ)

    English | October 21, 2024 - December 31, 2024 | Online Training | Course conducted online

    Apply online by October 14, 2024

    Macroeconomics of Climate Change - Economics of Adaptation (MCCx-EA)

    English | October 21, 2024 - December 31, 2024 | Online Training | Course conducted online

    Apply online by October 14, 2024