Virtual : Financial Programming and Policies (FPP)
Target Audience
Officials trainees of the recent IES Batch from the Institute of Economic Growth (IEG), Ministry of Finance, India
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. However, prerequisites may depend on the region-specific version of the FPP course being offered.
Course Description
This course, presented by the Institute for Capacity Development, 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.
Course Objectives
Upon completion of this workshop, 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 macroeconomic projections on the assumption that policies do not change.
- Identify economic vulnerabilities and risks in a baseline scenario and policy measures to address them.
- Prepare an adjustment scenario that reflects the policy measures and their macroeconomic impact.
- Identify further policy goals and measures beyond the one-year horizon that will be incorporated into a medium-term framework.
