Fiscal Frameworks for Pacific Countries (FF)
Invitation
Session No.: OT 19.56
Location: Port Moresby, Papua New Guinea
Date: August 5-9, 2019 (1 week)
Primary Language: English
Interpretation Language: English
Target Audience
Qualifications
Course Description
This course, presented by the IMF Institute for Capacity Development, starts by reviewing the role of government and the objectives of fiscal policy; revisits essential macrofiscal tools and methodologies; and identifies a country’s fiscal framework as the set of institutions that design and conduct fiscal policy. The course stresses the need for high-quality information, transparency, and responsibility in order to hold governments accountable for their medium- to long-term fiscal objectives. The course concludes with thematic presentations by participants.
Course Objectives
- Describe emerging fiscal policy methodologies and tools.
- Adopt a critical approach to assessing the quality of data for fiscal policy.
- Design fiscal rules for specific national problems.
- Use an in-year tool to monitor fiscal performance.
- Contribute to building a medium-term budget (for consolidation or stimulus) while limiting recession risks and respecting sustainability.
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