Fiscal Sustainability (FS)
This course, presented by the Institute for Capacity Development, introduces the easy-to-use Excel-based Public Debt Dynamics Tool (DDT) and explains how to use this tool for projecting the stock of public debt for the baseline (most likely) and alternative scenarios, including natural-disaster scenarios and fan charts. The DDT is also used to estimate paths of fiscal adjustments consistent with a user-defined target level of debt. Participants are given preliminary data and are expected to present an analysis of the public debt situation in their country (or the country of their choice) at the end of the course.
Target Audience
All government officials are welcome to register. This course is particularly useful for officials from ministries of finance, debt agencies, central banks, and other government agencies responsible for implementing macroeconomic and debt policies.
Qualifications
Participants are expected to have a degree in economics or equivalent work experience and some familiarity with using spreadsheets.
Course Objectives
Upon completion of this course, participants should be able to:
- Project public debt.
- Identify the main drivers of public debt changes.
- Compute measures of fiscal adjustments consistent with a public debt target.
- Conduct a stress test to public debt projections, including through the use of fan charts.
- Identify the main components of a debt sustainability analysis to assess the risk of debt distress.
Upcoming Offering
| Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
|---|---|---|---|---|---|---|
| December 4, 2023 | December 15, 2023 | Vienna, Austria | In-person Training | JV 23.36 | English | Deadline passed |
| February 5, 2024 | February 16, 2024 | New Delhi, India | In-person Training | SA 24.01 | English | Apply online by December 29, 2023 |
| February 11, 2024 | February 22, 2024 | Kuwait City, Kuwait | In-person Training | CE 24.06 | English (Arabic) | Apply online by December 3, 2023 |
| February 19, 2024 | March 1, 2024 | Ebene, Mauritius | In-person Training | AT 24.15 | English (French, Portuguese) | Apply online by January 12, 2024 |
| March 11, 2024 | March 22, 2024 | Bridgetown, Barbados | In-person Training | OT 24.304 | English | Apply online by February 2, 2024 |
| April 1, 2024 | April 12, 2024 | Singapore, Singapore | In-person Training | ST 24.11 | English | Apply online by December 22, 2023 |
| July 8, 2024 | July 19, 2024 | Vienna, Austria | In-person Training | JV 24.19 | English (Russian) | Apply online by April 7, 2024 |
| September 16, 2024 | September 27, 2024 | Washington DC, United States | In-person Training | OT 24.10 | Spanish | Apply online by August 9, 2024 |
| December 2, 2024 | December 13, 2024 | Singapore, Singapore | In-person Training | ST 24.20 | English | Apply online by July 5, 2024 |
Videos
Introduction to Fiscal Sustainability course
Strengthening Medium-Term Budgeting of Capital Investments
English | February 27, 2024 - March 1, 2024 | In-person Training | Vienna, Austria
Apply online by November 29, 2023
Reforming Fuel Subsidies (RFS)
English (Arabic) | January 28, 2024 - February 1, 2024 | In-person Training | Kuwait City, Kuwait
Apply online by November 29, 2023
Model-Based Monetary Policy Analysis and Forecasting (MPAF)
English | March 18-29, 2024 | Blended Training | Singapore, Singapore
Apply online by November 30, 2023
Debt Sustainability and Debt Restructuring
English (French, Portuguese) | January 29, 2024 - February 2, 2024 | In-person Training | Ebene, Mauritius
Apply online by November 30, 2023
Climate in Macroeconomic Framework
English (French, Portuguese) | February 5-9, 2024 | In-person Training | Ebene, Mauritius
Apply online by December 1, 2023