## Fiscal Analysis and Forecasting (FAF)

## Source details

**Canonical URL:** [Fiscal Analysis and Forecasting (FAF)](https://www.imf.org/en/capacity-development/training/icdtc/courses/faf)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/courses/faf/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/courses/faf/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/courses/faf/bundle-manifest.json)

## Bibliographic details
- Published: July 17, 2025

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### Course overview and content
- Offers participants an extensive exposure to fiscal issues and the macroeconomic effects of fiscal policy.
- Separate lectures are devoted to:
  - fiscal accounts and analysis,
  - fiscal rules and fiscal councils,
  - fiscal multipliers,
  - management of natural resource revenues,
  - fiscal forecasting, and fiscal sustainability,
  - how the fiscal sector relates to the rest of the economy,
  - fiscal dimensions in financial programming.
- Workshops take up about half the course time and cover:
  - fiscal accounting and analysis,
  - fiscal forecasting and sustainability,
  - fiscal multipliers,
  - fiscal rules and fiscal councils,
  - management of natural resource revenues,
  - design of a fiscal baseline and alternative scenarios for a real country case study.

### Target audience
- Junior officials from the ministries of finance and central banks who would benefit from a better understanding of the macroeconomic dimensions of fiscal policy.

### Qualifications
- Expected to have a degree in economics or a related field.
- Experience in macroeconomic analysis.
- Proficiency in Microsoft Excel.

### Course objectives
Upon completion of the course, participants should be able to:
- Prepare detailed analyses of revenue and spending developments.
- Generate forecasts of revenue and spending aggregates and the fiscal balance and discuss policy implications.
- Apply acquired knowledge and skills to group-based assessments of real country case studies.

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_Source: https://www.imf.org/en/capacity-development/training/icdtc/courses/faf_