Financial Programming and Policies-Customized Training
Target Audience
OOfficials from ministries of finance, economy, and planning and central banks who advise on or help implement macroeconomic and financial policies.
Qualifications
Participants are expected to have a degree in economics or equivalent experience, and be proficient in the use of spreadsheets. It is strongly recommended that applicants complete the online FPP courses (FPP.1x and FFP.2x) before enrolling in this course
Course Description
This course, presented by the IMF Institute, explains how to diagnose macroeconomic imbalances and correct them through a coordinated set of adjustment policies. It covers the principal features of the four main macroeconomic sectors (real, fiscal, external, and monetary) and their interlinkages, highlighting both accounting and behavioral relationships and using data from a country case study.Note: Weekend off will be observed on June 14 and 15. The course will commence on June 16, 2019
Course Objectives
Upon completion of this course, participants should be able to:
• Analyze economic and financial developments of a country in the region using historical data and a hands-on, Excel-based framework.
• Create consistent one-year economic projections under the assumption of unchanged policies.
• Identify economic vulnerabilities and risks under a baseline scenario and policy measures to address them.
• Prepare an adjustment scenario which reflects these policy measures and their macroeconomic impacts.
• Identify further policy goals and measures beyond the one-year horizon that will be incorporated into a medium-term framework.
