Details
Start:
Nov 9, 2020
End:
Nov 20, 2020
Course Number:
ST20.27
Application Deadline:
Jun 12, 2019
Fiscal Frameworks (FF)
Target Audience
Junior to mid-level government officials, such as staff of ministries of economy, planning, and finance, treasuries, central banks, independent fiscal agencies, and other agencies involved in the analysis, design, conduct, and assessment of fiscal policy.
Qualifications
Participants should have a degree in economics or finance or equivalent work experience, good quantitative skills, and proficiency in the use of computers to analyze data. Applicants are strongly encouraged to complete the online FPP.1x and FFP.2x course
Course Description
This course, presented by the 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
Upon completion of this course, participants should be able to
- Describe recently introduced institutions to enhance fiscal policy effectiveness.
- Critically assess 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.
