## Macroframework Foundations Tool (MFT) 1.0: User Manual

_Technical Notes and Manuals, August 12, 2025_

## Source details

**Canonical URL:** [Macroframework Foundations Tool (MFT) 1.0: User Manual](https://www.imf.org/en/publications/tnm/issues/2025/08/12/macroframework-foundations-tool-mft-1-566790)

## Other formats

- [Markdown version](/en/publications/tnm/issues/2025/08/12/macroframework-foundations-tool-mft-1-566790/index.md)
- [Structured JSON version](/en/publications/tnm/issues/2025/08/12/macroframework-foundations-tool-mft-1-566790/index.json)
- [Bundle manifest](/en/publications/tnm/issues/2025/08/12/macroframework-foundations-tool-mft-1-566790/bundle-manifest.json)

## Bibliographic details
- Authors: Tubagus Feridhanusetyawan, Amgad Hegazy, Marie Pierre Aquino Coste, Michal Andrle, Robert J Corker, Fernando L Delgado
- Published: August 12, 2025
- Series: Technical Notes and Manuals
- DOI: https://doi.org/10.5089/9798229009256.005

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### Overview
- MFT 1.0 is a basic version of the Macroframework Foundations Tool developed by the IMF Institute for Capacity Development (ICD).
- Purpose: operational guidance for building and customizing a multi-sector macroeconomic framework for forecasting and policy analysis.
- Conceptual basis: structure based on the standard four-sector framework of Financial Programming and Policies (FPP) used by IMF staff, with greater sectoral aggregation and lower data requirements.
- Key methodological distinction: uses behavioral equations for generating projections and incorporates explicit feedback loops between variables across sectors, as opposed to the standard accounting-based FPP framework.
- Intended role: a simple but powerful tool to produce consistent macroeconomic projections from accounting and economic perspectives; not ready-to-use without country-specific building and customization.

### Key features and design
- Version: MFT 1.0 (basic version while the tool is being further developed to incorporate more features).
- Sectoral design: based on the standard four-sector FPP framework but simplified via greater sectoral aggregation.
- Projection mechanism:
  - Behavioral equations drive projections.
  - Explicit feedback loops connect variables across sectors.
- Data requirements: designed to require less data than standard FPP frameworks.
- Extensibility:
  - Can be extended to incorporate a longer projection horizon.
  - Can be extended to include greater sectoral detail.
  - Can be adapted to different policy environments.
- Deliverables accompanying the manual:
  - Excel template: "TNM 2025-11 - Macroframework Foundations Tool (MFT) 1.0 - Macrofoundland.xlsm"

### Operational aspects and usage guidance
- Customization: the MFT is not a ready-to-use tool; it needs to be built and tailored to a specific country context using the User Manual and accompanying Excel template.
- Use cases:
  - Producing consistent macroeconomic projections that reconcile accounting and behavioral perspectives.
  - Forecasting and policy analysis within a simplified multi-sector framework.
- Implementation considerations:
  - Users should map country data to the aggregated sectoral structure of MFT.
  - Users should calibrate behavioral equations and feedback loops to reflect country-specific dynamics.
  - The basic version supports foundational forecasting tasks while further development will add features and complexity.

### Limitations and recommended extensions
- Limitations:
  - MFT 1.0 is a basic version and lacks some advanced features under development.
  - Not immediately deployable without country-specific construction and calibration.
- Recommended extensions and future development paths:
  - Extend projection horizon beyond the current basic setup.
  - Increase sectoral detail where data permit.
  - Incorporate alternative policy environment modules and more advanced behavioral specifications.

### Publication and metadata (key statistics)
- Authors: Tubagus Feridhanusetyawan, Amgad Hegazy, Marie Pierre Aquino Coste, Michal Andrle, Robert J. Corker, Fernando L Delgado
- Publication date: August 12, 2025
- Series: Technical Notes and Manuals No. 2025/011
- Issue: 011
- Volume: 2025
- Pages: 64
- DOI: https://doi.org/10.5089/9798229009256.005
- Stock No: TNMEA2025011
- ISBN: 9798229009256
- ISSN: 2075-8669
- Accompanying Excel file: TNM 2025-11 - Macroframework Foundations Tool (MFT) 1.0 - Macrofoundland.xlsm

*Source: Macroframework Foundations Tool (MFT) 1.0: User Manual — https://www.imf.org/en/publications/tnm/issues/2025/08/12/macroframework-foundations-tool-mft-1-566790*

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## Content in this bundle

- **Macroframework Foundations Tool**
  - [Macroframework Foundations Tool (Markdown version)](/-/media/files/publications/tnm/2025/english/tnmea2025011.pdf.md){rel="alternate" type="text/markdown"}
  - [Macroframework Foundations Tool (PDF)](/-/media/files/publications/tnm/2025/english/tnmea2025011.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/tnm/issues/2025/08/12/macroframework-foundations-tool-mft-1-566790_