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Fiscal Policy

Strengthening Public Financial Management Framework - Batch-2

Invitation

Session No.: SA 22.42

Location: New Delhi, India

Date: October 10-14, 2022 (1 week)

Primary Language: English

    Target Audience

    Officials from Government of Bangladesh registered in the FEEM Course - to be nominated by Institute of Public Finance, Dhaka.

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    Qualifications

    Participants should have experience in fiscal policy, budgeting and/or expenditure management.

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    Course Description

    This course shall present the good practices in public financial management and their role in promoting fiscal discipline and efficient fiscal management in the areas of medium-term budget frameworks and forecasting techniques, strategic budgeting, fiscal reporting, public investment management and fiscal risk management. Participants will also work in groups on hands-on exercises.

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    Course Objectives

    On completing this course, participants should be able to:

    • Demonstrate a better understanding of the relationship between macroeconomic forecasting and fiscal policy.
    • Appreciate and describe the importance of fiscal institutions within a modern public finance management framework.
    • Summarize, describe, and analyze the strengths and weaknesses of Bangladesh's budgeting and public investment practices, relative to good practices.
    • Demonstrate an understanding of techniques used in identifying and quantifying fiscal risks, and choices in the management of fiscal risks
    • Appreciate the key features of the IMF's Fiscal Transparency Code.
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