## Selected Issues in Fiscal Law and Governance (FLG)

## Source details

**Canonical URL:** [Selected Issues in Fiscal Law and Governance (FLG)](https://www.imf.org/en/capacity-development/training/icdtc/courses/flg)

## Other formats

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

## Bibliographic details
- Published: October 23, 2020

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### Overview and Scope
- Presented by the Legal Department.
- Focuses on legal design aspects of current issues related to fiscal and tax laws during an era of fiscal tightening.
- Topic: Legal and Institutional Frameworks.
- Examples of issues covered:
  - Current taxation issues, such as cross-border issues and base erosion, and the design of instruments in the areas of income tax and general consumption taxes (e.g., VAT) to address them.
  - Budget law issues, including sound legal principles for organic budget laws, designing fiscal rules, fiscal coordination in a federal context, and the role of fiscal councils.
  - Aspects of public debt management (PDM) and securities, including legal and institutional aspects of PDM and the issuance of public debt securities.
  - Designing legal frameworks for sovereign wealth funds and state-owned enterprises.

### Target Audience and Qualifications
- Target Audience:
  - Lawyers from ministries of finance or other government agencies concerned with the legal aspects of fiscal policy making.
- Qualifications:
  - Participants are expected to be qualified lawyers with a background advising ministries of finance or other government agencies on legal aspects of fiscal policy or on drafting fiscal legislation.
  - Attendance is by invitation only.
  - Prerequisites are specified in the nomination request letters.

### Course Objectives
- Upon completion of the course, participants should be able to:
  - Explain the links between various aspects of fiscal law and their implications.
  - Identify legal and current policy issues in various aspects of fiscal law and best practice approaches to addressing them, such as law reform.
  - Identify legal design approaches that have proven effective, based on cross-jurisdictional experiences shared by presenters and fellow participants.

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## References

- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)
- [Fiscal Sustainability (FS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fsce26-38)
- [Safeguards Assessments of Central Banks (SAC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/sacat26-30)

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