Mid-level to senior officials in ministries of finance or economy, treasuries, debt management offices, or financial planning divisions in line ministries.
Participants should have significant experience in fiscal policy, macroeconomics, or budgeting.
This course, presented by the IMF Fiscal Affairs Department, examines the role of fiscal institutions, such as medium-term fiscal frameworks, top-down budgeting, medium-term budgeting, cash and debt management, independent fiscal institutions, and budget comprehensiveness, and how each promotes fiscal discipline.
Upon completion of this course, participants should be able to:
- Explain and describe the importance of fiscal institutions for modern public finance management.
- Summarize and analyze the strengths and weaknesses of the budget institutions of their own country relative to regional comparators.
- Summarize factors in the choices involved in the design of fiscal responsibility laws, fiscal rules, and independent fiscal institutions.
- Explain and analyze the main techniques used to measure fiscal risks, and steps taken choices involved in the management of fiscal risks.
- Describe and summarize the key features of the IMF Fiscal Transparency Code and Public Investment Management Assessment framework.
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