## Fiscal Risk Management - Indian States

## Source details

**Canonical URL:** [Fiscal Risk Management - Indian States](https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2026/frsa26-12)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/sa/2026/frsa26-12/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/sa/2026/frsa26-12/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/sa/2026/frsa26-12/bundle-manifest.json)

## Bibliographic details
- Session: SA 26.12
- Location: Goa, India
- Dates: April 20-24, 2026 (1 week)
- Delivery method: In-person Training
- Primary language: English

---

### Training Program
- 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.

### Invitation and Logistics
- Session No.: SA 26.12
- Location: Goa, India
- Date: April 20-24, 2026 (1 week)
- Delivery Method: In-person Training
- Primary Language: English

### Course Description
- 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.

### Course Objectives
- 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.

---


## References

- [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Introduction to Financial Programming and Policies (FPP.0 X)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/fpp-0xol26-143)
- [Fiscal Policy Analysis (FPA)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/hq/2026/fpahq26-11)
- [Fiscal Policy Analysis (FPA)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/st/2026/fpast26-27)
- [VITARA - Audit Program (VITARA-AUD)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/vitara-audol26-232)
- [Monetary and Financial Statistics (MFSX)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/mfsxol26-109)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2026/frsa26-12_
