Virtual : Strategic Budgeting-Integrating Fiscal Strategy and Policy Analysis with Budget Monitoring and Evaluation
Source details
- Canonical URL
- Virtual : Strategic Budgeting-Integrating Fiscal Strategy and Policy Analysis with Budget Monitoring and Evaluation
Other formats
Bibliographic details
- Session: SA 21.47V
- Location: New Delhi, India
- Dates: November 22-25, 2021 (1 week)
- Delivery method: Virtual Training
- Primary language: English
Target audience and qualifications
- Target Audience:
- Mid to senior level officials from Finance Ministries/Departments with relevant experience in budget formulation and other PFM functions.
- Qualifications:
- Priority will be given to officials engaged with the budget formulation functions at the central or state government level.
Course description
- The regional workshop begins with a foundational discussion on integrating a fiscal strategy into a Medium-Term Fiscal Plan (MTFP) and the related documentation, including a Fiscal Strategy Paper (FSP).
- Participants are introduced to policy analysis concepts, including multi-criteria analysis and cost effectiveness.
- A panel discussion addresses monitoring results with program and performance objectives to help participants evaluate budget and policy outcomes.
Course objectives and instructional components
- Strategy setting and fiscal documentation (Day 1 and the first session of Day 2):
- Relationship between strategy setting and the MTFP.
- Preparation and contents of the Fiscal Strategy Paper (FSP).
- Generating and/or identifying necessary information such as:
- domestic and international economic outlooks,
- projections of medium-term revenues/expenditures,
- fiscal balances,
- debt levels,
- policy/expenditure priorities,
- risks to the budget.
- Policy analysis and analytical tools (second session of Day 2 and Day 3):
- Training using a simple Excel tool to conduct policy and cost/benefit analyses, including multicriteria analysis and cost effectiveness.
- A homework assignment will be given to be discussed on Day 3.
- Budget management, monitoring, and evaluation (Day 4):
- Panel discussion on managing the budget with program and performance budget (PPB) measures.
- Specialized topics including gender, climate change, and green budgeting.
- Methodology for incorporating PPB measures into the monitoring and evaluation system.
- Panelists will identify how other governments' PPB evolution can help those just starting on this method.
References