Strengthening Budget Institutions (SBI)

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Presented by the Fiscal Affairs Department.
Examines the role of fiscal institutions and how each promotes fiscal discipline.
Topics include medium-term fiscal frameworks, top-down budgeting, medium-term budgeting, cash and debt management, independent fiscal institutions, and budget comprehensiveness.

Mid-level to senior officials in ministries of finance or economy, treasuries, debt management offices, or financial planning divisions in line ministries.

Participants are expected to have significant experience in fiscal policy, macroeconomics, or budgeting.

Explain and describe the importance of fiscal institutions for modern public finance management.
Summarize and analyze the strengths and weaknesses of the budget institutions of their own country relative to regional comparators.
Summarize factors in the choices involved in the design of fiscal responsibility laws, fiscal rules, and independent fiscal institutions.
Explain and analyze the main techniques used to measure fiscal risks, the steps taken and the choices involved in the management of fiscal risks.
Describe and summarize the key features of the Fiscal Transparency Code and Public Investment Management Assessment frameworks.