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Fiscal Sustainability

Fiscal Sustainability (FS)

Apply online by June 7, 2026 Deadline extended

Session No.: JV 26.32

Location: Vienna, Austria

Date: September 14-25, 2026 (2 weeks) New dates

Delivery Method: In-person Training

Primary Language: English

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Target Audience

Officials from ministries of finance, debt agencies, central banks, and other government agencies responsible for implementing macroeconomic and debt policies.  

Qualifications

Participants are expected to have a degree in economics or equivalent work experience and some familiarity with using spreadsheets

Course Description

This course introduces the easy-to-use Excel-based Public Debt Dynamics Tool (DDT) and explains how to use this tool for projecting the stock of public debt for the baseline (most likely) and alternative scenarios, including natural-disaster scenarios and fan charts. The DDT is also used to estimate paths of fiscal adjustments consistent with a user-defined target level of debt. Participants are given preliminary data and are expected to present an analysis of the public debt situation in their country (or the country of their choice) at the end of the course. 

Course Objectives

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

  • Use real data to project public debt and compute measures of fiscal adjustments consistent with a public debt target.
  • Prepare a public debt report presenting the main driver of debt changes and a stress test to public debt projections.
  • Identify the main components of a debt sustainability analysis.
  • Analyze the risk of public debt distress. 

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