Macroeconomic Foundation course for Nepal Rastra Bank

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Mid-level to senior officials in Nepal Rastra Bank and Ministry of Finance who are directly involved in diagnosing the state of the macroeconomy and making projections.

Provides new inductees into the Nepal Rastra Bank and Ministry of Finance's general stream with a broad understanding of macroeconomic tools used to assess a country's macroeconomic situation.
Covers the current state of the economy; the stance of fiscal and monetary policy; financial stability; exchange rate misalignments; vulnerabilities in the different sectors; and the medium-term outlook, especially the sustainability of public debt.
Applies concepts to Nepal to illustrate its current macroeconomic opportunities and challenges, and to demonstrate practical tools for use in day-to-day macroeconomic analysis and policy making.

Analyze economic and financial developments of a country in the region using historical data and a hands-on, Excel-based tools.
Analyze potential output and calculate output gaps and diagnose the outlook for the economy.
Assess the stance of current fiscal, monetary and exchange rate, and financial policies.
Assess macro-financial linkages, including through the analysis of financial sector soundness indicators.
Assess the medium-term prospects of the economy, especially the sustainability of public and external debt, and identify impediments to long-term growth.
Identify possible risks and vulnerabilities to economic growth and identify policies to address them.