Virtual : Fiscal Frameworks (FF)
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- Virtual : Fiscal Frameworks (FF)
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Bibliographic details
- Session: SA 21.27V
- Location: New Delhi, India
- Dates: August 2-13, 2021 (2 weeks)
- Delivery method: Virtual Training
- Primary language: English
- Status: Deadline passed
Target audience
- Junior to mid-level government officials in ministries of economy, planning, and finance, treasuries, central banks, independent fiscal agencies, and other agencies involved in the analysis, design, conduct, and assessment of fiscal policy.
Qualifications and prerequisites
- Expected qualifications: a degree in economics or finance or equivalent work experience.
- Required skills: good quantitative skills, proficiency in the use of computers to analyze data.
- Recommended prior courses: Financial Programming and Policies (FPP) and the Fiscal Policy Analysis (FPA) course (strongly recommended before enrolling).
- Software familiarity: Familiarity with Microsoft Excel is essential as many workshops are conducted in Excel.
Course description
- Presented by the Institute for Capacity Development.
- Topics covered:
- Review of the role of government and the objectives of fiscal policy.
- Revisit of essential macrofiscal tools and methodologies.
- Identification of a country’s fiscal framework as the set of institutions that design and conduct fiscal policy.
- Emphasis on the need for high-quality information, transparency, and responsibility to hold governments accountable for their medium- to long-term fiscal objectives.
- Concluding thematic presentations by participants.
Course objectives
Upon completion of the course, participants should be able to:
- Describe recently introduced institutions to enhance fiscal policy effectiveness.
- Critically assess the quality of data for fiscal policy.
- Design fiscal rules for specific national problems.
- Use an in-year tool to monitor fiscal performance.
- Contribute to building a medium-term budget (for consolidation or stimulus) while limiting recession risks and respecting sustainability.