Connect with IMF Institute
Fiscal Frameworks

Developing a Medium-Term Fiscal Framework Tool (FF)

Deadline passed

Session No.: SA 22.31

Location: New Delhi, India

Date: July 25-29, 2022 (1 week)

Primary Language: English

    Target Audience

    Mid-level staff working in macro-fiscal units, economic analysis departments or budget departments, typically within Finance or Planning ministries, who are involved in macro-fiscal forecasting or high-Ievel budget formulation.

    Back to top

    Qualifications

    Candidates should have at least intermediate Excel skills, and a good
    understanding of English.

    Back to top

    Course Description

    Medium term fiscal frameworks (MTFFs) have become central to medium term budgeting and fiscal planning for finance ministries. At the heart of a MTFF is a spreadsheet that brings together macroeconomic and fiscal data, and projects these in to the future. This course covers how to design and build an MTFF spreadsheet in Microsoft Excel.

    Back to top

    Course Objectives

    Upon completion of this course, participants should be able to:

    • Understand the principles of "Useful, useable, accurate, and sustainable" in developing an appropriate MTFF tool.
    • Understand the key role in having a binding "fiscal anchor" when setting up a MTFF and determining a resource envelope for the next year's budget.
    • Link together data and exogenous forecasts from different sources and use appropriate methods to forecast revenues, financing and expenditures in to the medium term.
    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.

    Fiscal Policy Analysis (FPA)

    Arabic, September 4-15, 2022, Kuwait City, Kuwait

    Apply online by July 5, 2022

    Fintech Market Development and Policy Implications (FINTECH)

    English, November 7-11, 2022, Singapore, Singapore

    Apply online by July 8, 2022