{
  "title": "Projecting Public Debt - The Public Debt Dynamics Tool",
  "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2024/ddtxol24-126",
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  "summary": "Projecting Public Debt - The Public Debt Dynamics Tool Training Program Qualifications Some knowledge of economics would be helpful.",
  "publishDate": "2025-10-28",
  "sections": [
    {
      "heading": "Target Audience and Qualifications",
      "content": "- Target Audience:\n  - All government officials are welcome to register.\n  - Particularly useful for officials from ministries of finance, debt agencies, central banks, and other government agencies responsible for implementing macroeconomic and debt policies.\n- Qualifications and technical requirements:\n  - Some knowledge of economics would be helpful.\n  - Basic Microsoft Excel skills.\n  - Access to a computer with a reliable internet connection and a Google Chrome web browser are essential."
    },
    {
      "heading": "Course Description and Content",
      "content": "- Structure:\n  - Two-module online course presented by the Institute for Capacity Development.\n- Analytical focus:\n  - Explains how to project the stock of public debt over time for baseline (most likely) and alternative scenarios.\n  - Explains how to estimate the path of fiscal adjustments necessary to reach a pre-determined target level of debt.\n- Tool and variables:\n  - Teaches application of concepts using an easy-to-use Excel-based Public Debt Dynamics Tool (DDT).\n  - Uses projections of some 10 key macroeconomic and financial variables.\n- Outputs and functionalities of the DDT:\n  - Provides public debt projections under baseline and stress test scenarios.\n  - Produces fan charts that describe uncertainty about the evolution of debt over time in a probabilistic manner.\n  - Identifies the main drivers of public debt changes.\n  - Computes measures of fiscal adjustments necessary to achieve a public debt target during a certain period, as specified by the user."
    },
    {
      "heading": "Course Objectives",
      "content": "Upon completion of this course, participants should be able to:\n- Compute public debt dynamics.\n- Identify the main drivers of public debt dynamics.\n- Compute measures of fiscal adjustments necessary to achieve a public debt target.\n- Conduct a stress test to public debt dynamics, including through the use of fan charts.\n- Identify the main components of a debt sustainability analysis to assess the risk of debt distress."
    }
  ],
  "bullets": [
    "Target Audience:",
    "Qualifications and technical requirements:",
    "Structure:",
    "Analytical focus:",
    "Tool and variables:",
    "Outputs and functionalities of the DDT:",
    "Compute public debt dynamics.",
    "Identify the main drivers of public debt dynamics.",
    "Compute measures of fiscal adjustments necessary to achieve a public debt target.",
    "Conduct a stress test to public debt dynamics, including through the use of fan charts.",
    "Identify the main components of a debt sustainability analysis to assess the risk of debt distress."
  ],
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  "generatedAtUtc": "2026-09-29T18:13:59.965Z"
}