Training Program

Junior to senior officials interested in understanding fiscal policy and its macroeconomic implications.

Participants are expected to have taken undergraduate courses in macroeconomics or have equivalent experience and have a basic background in microeconomics and econometrics. It is strongly recommended that applicants have completed the Financial Programming and Policies (FPP) course. Familiarity with Microsoft Excel is essential as many workshops are conducted in Excel.

This course, presented by the Institute for Capacity Development, provides an overview of the concepts, tools, and techniques used to analyze how fiscal policy can help ensure macroeconomic stability and sustainable long-term growth. This hands-on course is built around the core macro-fiscal topics needed to analyze fiscal policy. The learning units include general empirical findings, Microsoft Excel-based workshops, case studies, and selected topics of regional interest. The FPA course integrates post-COVID data, recent research, and policy discussions by the Fund. It also includes an inclusive growth component, featuring new units on climate change and gender inequality. The course features selected non-core lectures on energy subsidy reform and fiscal frameworks for resource-rich economies. It also includes review sessions and participant presentations.The course will appeal to officials seeking to deepen their understanding of how fiscal policy impacts the economy and to learn about related analytical tools.