Financial Programming and Policies (FPP)
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- Financial Programming and Policies (FPP)
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Bibliographic details
- Published: July 31, 2024
Upcoming offerings
| Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
|---|---|---|---|---|---|---|
| November 9, 2026 | November 20, 2026 | Rabat, Morocco | [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | CE 26.41 | Arabic | [Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=CE26.41A) by August 6, 2026 |
| February 15, 2027 | February 26, 2027 | Ebene, Mauritius | [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | AT 27.04 | English (French, Portuguese) | [Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=CE26.41A) by January 8, 2027 |
Overview
- The course, presented by the Institute for Capacity Development, explains how to diagnose macroeconomic imbalances and correct them through a coordinated set of adjustment policies.
- It covers the principal features of the four main macroeconomic sectors: real, fiscal, external, and monetary/financial, and their interlinkages.
- Emphasis on both accounting and behavioral relationships and use of data from a country case study.
Target audience and qualifications
- Target Audience:
- Officials from ministries of finance, economy, planning and central banks who advise on or help design and implement macroeconomic and financial policies.
- Qualifications:
- 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 have completed the online Financial Programming and Policies, Part 1: Macroeconomic Accounts and Analysis (FPP.1 x) course and the online Financial Programming and Analysis, Part 2: Program Design (FPP.2 x) course.
Course objectives
- Create consistent macroeconomic baseline projections on the assumption that policies do not change, while respecting accounting and behavioral links among economic variables.
- Analyze the baseline macroeconomic scenario, to understand economic and financial developments, and diagnose macroeconomic imbalances.
- Identify economic vulnerabilities and risks in the baseline scenario and articulate how policy measures address them.
- Prepare an adjustment scenario that reflects the policy measures and their macroeconomic impact.
- Negotiate an economic adjustment program with the respective counterparty in a role-playing simulation exercise.
- Identify further policy goals and measures that will be incorporated into a medium-term framework.
Syllabus and instructional focus
- Aim: Teach participants how to diagnose macroeconomic imbalances and correct them through a coordinated set of adjustment policies.
- Coverage:
- Principal features of the four main macroeconomic sectors (real, fiscal, external, and monetary/financial).
- Interrelations among sectors, highlighting both accounting and behavioral relationships.
- Practical application using data from a country case study.
- Course Structure: Standard syllabus organized to integrate sectoral analysis with policy design and simulation exercises.