## Revenue Forecasting and Analysis

## Source details

**Canonical URL:** [Revenue Forecasting and Analysis](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2025/rfaxol25-204)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ol/2025/rfaxol25-204/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ol/2025/rfaxol25-204/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ol/2025/rfaxol25-204/bundle-manifest.json)

## Bibliographic details
- Session: OL 25.204
- Location: Course conducted online
- Dates: May 1, 2025 - April 15, 2026 (50 weeks)
- Delivery method: Online Training
- Primary language: Spanish
- Status: Deadline passed

---

### Overview
- Training Program title: Revenue Forecasting and Analysis (RFAx)
- Session No.: OL 25.204
- Deadline passed
- Delivery Method: Online Training
- Primary Language: Spanish

### Target audience
- Government officials working in ministries of finance or in revenue administrations who are charged with conducting revenue forecasts and/or assessing the revenue or distributional impact of tax policy changes.

### Logistics and schedule
- Location: Course conducted online
- Date: May 1, 2025 - April 15, 2026 (50 weeks)
- Participants must have access to a computer with a reliable Internet connection and a Google Chrome web browser.

### Qualifications and prerequisites
- Designed for participants with basic to intermediate understanding of tax policy.
- Expected educational background: a degree in economics or tax accountancy (ideally with some background in econometrics).
- Proficiency required: Microsoft Excel.

### Course description
- Presented by the Fiscal Affairs Department.
- Focuses on the technical and institutional aspects of revenue forecasting and tax policy analysis.
- Provides an overview of quantitative methods required to forecast and evaluate revenue implications of changes in major taxes, namely:
  - personal income taxes,
  - corporate income taxes,
  - value added taxes,
  - excise taxes,
  - international trade taxes.
- Emphasizes establishing a strong institutional framework to support the revenue forecasting process.
- Employs both conceptual and practical approaches with hands-on activities that include quizzes and quantitative exercises with real fiscal data.

### Course objectives
Upon completion of the course, participants should be able to:
- Describe the role of revenue forecasting in the budget-making process.
- Identify good practices relating to the institutional framework that supports the revenue forecasting process.
- Identify data requirements for each method of revenue forecasting.
- Apply macro-based models to forecast tax revenue.
- Apply input-output models and micro-simulation techniques to analyze the revenue and distributional implications from indirect and direct taxes.
- Recognize the strengths and limitations of different models.

---


## References

- [Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [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/ol/2025/rfaxol25-204_