Financial Programming and Policies for IES Probationers (FPP)

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Session No.: SA 24.27
Location: New Delhi, India
Date: May 13-24, 2024 (2 weeks)
Delivery Method: In-person Training
Primary Language: English
Target Audience: Official trainees of the recent IES Batch from the Institute of Economic Growth (IEG), Ministry of Finance, India.

Participants are expected to have a degree in economics or equivalent experience and be proficient in the use of spreadsheets.
It is strongly recommended that applicants complete the online FPP courses (FPP.1 x and FFP.2 x) before enrolling in this course.
Prerequisites may depend on the region-specific version of the FPP course being offered.

Presented by the Institute for Capacity Development.
Explains how to diagnose macroeconomic imbalances and correct them through a coordinated set of adjustment policies.
Covers the principal features of the four main macroeconomic sectors: real, fiscal, external, and monetary, and their interlinkages.
Highlights both accounting and behavioral relationships and uses data from a country case study.
Uses a hands-on, Excel-based framework for practical exercises.

Analyze economic and financial developments of a country in the region using historical data and a hands-on, Excel-based framework.
Create consistent one-year macroeconomic projections on the assumption that policies do not change.
Identify economic vulnerabilities and risks in a baseline scenario and policy measures to address them.
Prepare an adjustment scenario that reflects the policy measures and their macroeconomic impact.
Identify further policy goals and measures beyond the one-year horizon that will be incorporated into a medium-term framework.

Emphasis on diagnosis using historical data.
Practical, Excel-based exercises and country case study applications.
Focus on linking accounting identities with behavioral relationships to inform policy design.