## Virtual : Strategic Budgeting-Integrating Fiscal Strategy and Policy Analysis with Budget Monitoring and Evaluation

## Source details

**Canonical URL:** [Virtual : Strategic Budgeting-Integrating Fiscal Strategy and Policy Analysis with Budget Monitoring and Evaluation](https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2021/sbsa21-47v)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/sa/2021/sbsa21-47v/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/sa/2021/sbsa21-47v/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/sa/2021/sbsa21-47v/bundle-manifest.json)

## Bibliographic details
- Session: SA 21.47V
- Location: New Delhi, India
- Dates: November 22-25, 2021 (1 week)
- Delivery method: Virtual Training
- Primary language: English

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### Target audience and qualifications
- Target Audience:
  - Mid to senior level officials from Finance Ministries/Departments with relevant experience in budget formulation and other PFM functions.
- Qualifications:
  - Priority will be given to officials engaged with the budget formulation functions at the central or state government level.

### Course description
- The regional workshop begins with a foundational discussion on integrating a fiscal strategy into a Medium-Term Fiscal Plan (MTFP) and the related documentation, including a Fiscal Strategy Paper (FSP).
- Participants are introduced to policy analysis concepts, including multi-criteria analysis and cost effectiveness.
- A panel discussion addresses monitoring results with program and performance objectives to help participants evaluate budget and policy outcomes.

### Course objectives and instructional components
- Strategy setting and fiscal documentation (Day 1 and the first session of Day 2):
  - Relationship between strategy setting and the MTFP.
  - Preparation and contents of the Fiscal Strategy Paper (FSP).
  - Generating and/or identifying necessary information such as:
    - domestic and international economic outlooks,
    - projections of medium-term revenues/expenditures,
    - fiscal balances,
    - debt levels,
    - policy/expenditure priorities,
    - risks to the budget.
- Policy analysis and analytical tools (second session of Day 2 and Day 3):
  - Training using a simple Excel tool to conduct policy and cost/benefit analyses, including multicriteria analysis and cost effectiveness.
  - A homework assignment will be given to be discussed on Day 3.
- Budget management, monitoring, and evaluation (Day 4):
  - Panel discussion on managing the budget with program and performance budget (PPB) measures.
  - Specialized topics including gender, climate change, and green budgeting.
  - Methodology for incorporating PPB measures into the monitoring and evaluation system.
  - Panelists will identify how other governments' PPB evolution can help those just starting on this method.

---


## References

- [Virtual 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/sa/2021/sbsa21-47v_