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Financial Programming and Policies (FPP)

Financial Programming and Policies

This 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) and their interlinkages, highlighting both accounting and behavioral relationships and using data from a country case study.

Topic : General Macroeconomics

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.1x) course and the online Financial Programming and Analysis, Part 2: Program Design (FPP.2x) course.

Course Objectives

Upon completion of this course, participants should be able to:

  • 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

This course aims to teach participants how to both 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 the interrelations among them, highlighting both accounting and behavioral relationships, using data from a country case study.

Upcoming Offering

Start dateEnd dateLocationDelivery MethodSession No.Primary & (Interpretation) languageApply
December 8, 2025December 19, 2025Ebene, MauritiusIn-person TrainingAT 25.39English (French, Portuguese)Deadline passed
January 12, 2026January 23, 2026Ebene, MauritiusIn-person TrainingAT 26.04English (French, Portuguese)Deadline passed
February 9, 2026February 20, 2026Vienna, AustriaBlended TrainingJV 26.05English (Russian)Deadline passed
April 19, 2026April 23, 2026Kuwait City, KuwaitIn-person TrainingCE 26.15English (Arabic)Invitation