This course is aimed at mid-level officials from both the ministries of finance and central banks who would benefit from a broader understanding of the macroeconomic dimensions of fiscal policy issues.

The aim of this course is to give participants a more extensive exposure to fiscal issues and the macroeconomic effects of fiscal policy than is possible in a normal, two-week course on financial programming and policy. Separate sessions are devoted to fiscal accounts and analysis, issues in tax policy and administration, expenditure issues, fiscal forecasting, interrelations between the fiscal sector and the rest of the economy and the fiscal dimension in financial programming. There will also be presentations on selected issues of current interest in the fiscal sector.

Workshops developed specifically for this course include segments on fiscal accounting and analysis, tax and expenditure policy, and fiscal forecasting. They also include a mini-financial programming exercise focused on fiscal issues. It is expected that about half of the time will be allocated to specially designed workshops based on a selected case study country.

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