Financial Programming and Policies

Source details

Participants are expected to have a degree in economics or equivalent experience and be proficient in the use of spreadsheets.
It is strongly recommended that applicants complete the online FPP courses (FPP.1 x and FFP.2 x) before enrolling in this course.

Presented by the Institute for Capacity Development.
Explains how to diagnose macroeconomic imbalances and correct them through a coordinated set of adjustment policies.
Covers the principal features of the four main macroeconomic sectors: real, fiscal, external, and monetary.
Highlights both accounting and behavioral relationships and uses data from a country case study.
Uses a hands-on, Excel-based framework for analysis.

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

Analyze economic and financial developments of a country in the region using historical data and a hands-on, Excel-based framework.
Create consistent one-year macroeconomic projections on the assumption that policies do not change (i.e. the baseline scenario).
Identify economic vulnerabilities and risks in a baseline scenario and policy measures to address them.
Prepare an adjustment scenario that reflects the policy measures and their macroeconomic impact.
Identify further policy goals and measures beyond the one-year horizon that will be incorporated into a medium-term framework.