Fiscal Risk Management - Indian States

Source details

Target audience:
- Mid to senior level officials in the Finance Departments, Macro-fiscal Units, PSU Oversight, Debt Management or Budget Departments in Indian State Governments.
Qualifications:
- Participants should have experience or be responsible for mapping the impacts, analyzing, managing or reporting fiscal risks.

This one-week course identifies the key sources of fiscal risk facing governments and sets out key mitigation actions and institutional arrangements that can be taken.
The workshop will explore in detail risks associated with:
- climate and natural disasters,
- government guarantees and loans,
- macro-economic environment,
- Public Sector Undertakings (PSU's),
- Public Private Partnerships.
Practical elements:
- Use of the IMF-Fiscal Risk Tools available to support the management of fiscal risks.
- Delivery through lectures, exercises, and groupwork to ensure participants gain practical experience and an opportunity to share country experiences.

Understand the main sources of fiscal risks that affect governments.
Recognize the significance and components of a Fiscal Risk Statement and Register.
Understand profitability, liquidity and solvency risks and mitigation strategies for PSU's.
Demonstrate an understanding of the techniques and tools available to manage a range of fiscal risks.
Analyze risks from government loans and guarantees.
Foster collaborative approaches to share best practices and innovations in fiscal risk management across different state governmental contexts.