## Fiscal Sustainability

## Source details

**Canonical URL:** [Fiscal Sustainability](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ct/2019/fsct19-09)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ct/2019/fsct19-09/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ct/2019/fsct19-09/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ct/2019/fsct19-09/bundle-manifest.json)

## Bibliographic details
- Session: CT 19.09
- Location: Dalian, China
- Dates: September 2-12, 2019 (1 week)
- Primary language: English

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### Invitation and Logistics
- Training Program: Fiscal Sustainability (FS)
- Session No.: CT 19.09
- Location: Dalian, China
- Date: September 2-12, 2019 (1 week)
- Primary Language: English
- Presenter: IMF Institute for Capacity Development

### Target Audience and Qualifications
- Target Audience: Junior to senior officials with some intermediate fiscal background who are interested in understanding and applying fiscal sustainability analysis and how it may relate to the country-specific macrofiscal environment.
- Qualifications:
  - Participants are expected to have a degree in economics or equivalent work experience and some familiarity with using spreadsheets.
  - It is highly recommended that applicants first complete all or several modules of the online course on Debt Sustainability Analysis, DSAx, before taking this course.

### Course Description
- The course looks at fiscal sustainability as a requirement for macroeconomic stability and sustainable and inclusive long-term growth.
- Provides a thorough overview of how to assess fiscal sustainability from a policy and tools perspective.
- Discusses fiscal risks and the early warning indicators used by the IMF.
- Covers debt crises, debt management strategies, contingent liabilities, and long-term fiscal challenges.

### Course Objectives
Upon completion of this course, participants should be able to:
- Describe why fiscal sustainability is central to macroeconomic stability and sustainable growth.
- Apply effective concepts, definitions, and techniques for analyzing fiscal sustainability.
- Identify near- and long-term risks and fiscal vulnerabilities.
- Analyze crisis and fiscal adjustment cases.
- Differentiate various debt sustainability analysis (DSA) frameworks.
- Prepare a risk-based public DSA for a country with access to financial markets.

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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/schedule/ct/2019/fsct19-09_