{
  "title": "Key Elements of Strategic Budget Formulation",
  "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2019/bfbpsa19-77",
  "canonical": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2019/bfbpsa19-77",
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  "summary": "Key Elements of Strategic Budget Formulation Training Program Target Audience Officials in finance departments and line ministries responsible for budget formulation, revenue and expenditure estimates, and budget policy documents.",
  "publishDate": "2020-10-24",
  "sections": [
    {
      "heading": "Target audience and qualifications",
      "content": "- Target Audience:\n  - Officials in finance departments and line ministries responsible for budget formulation, revenue and expenditure estimates, and budget policy documents.\n- Qualifications:\n  - Participants should have significant experience in fiscal policy formulation, medium-term budgeting, expenditure management, capital budget formulation and drafting budget policy documents.\n- Pre-requisites:\n  - Participants are encouraged to register for the PFM online course in preparation for this course: https://www.imf.org/en/Capacity-Development/Training/ICDTC/Schedule/OL/2019/PFMxOL19-115"
    },
    {
      "heading": "Course description — substantive coverage",
      "content": "- Strategic budgeting, including:\n  - The importance of fiscal policy, fiscal targets and fiscal space\n- Medium term budget frameworks, including:\n  - Developing aggregate and departmental budget ceilings\n- Baseline budget formulation:\n  - Definitions and cost drivers\n- Budgeting within an aggregate ceiling\n- Program and performance information used in budgeting\n- Communicating fiscal policy clearly and effectively in budget documents\n- The course includes practical examples and exercises"
    },
    {
      "heading": "Course objectives — competencies for participants",
      "content": "- Upon completion participants should be able to:\n  - Understand the importance of medium-term macro-fiscal forecasting as an input to strategic budgeting\n  - Appreciate distinctions between medium term fiscal frameworks, medium term expenditure frameworks and medium-term budget frameworks\n  - Understand techniques used in developing top-down aggregate and bottom-up expenditure ceilings\n  - Recognize the importance of developing and examining baselines and using performance information in allocating resources\n  - Recognize the importance of clear budget documentation for effective policy communication\n  - Apply the principles in their day-to-day work"
    }
  ],
  "bullets": [
    "Target Audience:",
    "Qualifications:",
    "Pre-requisites:",
    "Strategic budgeting, including:",
    "Medium term budget frameworks, including:",
    "Baseline budget formulation:",
    "Budgeting within an aggregate ceiling",
    "Program and performance information used in budgeting",
    "Communicating fiscal policy clearly and effectively in budget documents",
    "The course includes practical examples and exercises",
    "Upon completion participants should be able to:"
  ],
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  "generatedAtUtc": "2026-09-29T19:31:11.090Z"
}