Financial Programming and Policies (FPP)
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.
Target Audience
Officials from ministries of finance, economy, planning and central banks who advise on or help design and 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 have completed the online Financial Programming and Policies, Part 1: Macroeconomic Accounts and Analysis (FPP.1x) course or the online Financial Programming and Analysis, Part 2: Program Design (FPP.2x) course.
Course Objectives
Upon completion of this course, participants should be able to:
Create consistent macroeconomic baseline projections on the assumption that policies do not change, while respecting accounting and behavioral links among economic variables.
Analyze the baseline macroeconomic scenario, to understand economic and financial developments, and diagnose macroeconomic imbalances.
Identify economic vulnerabilities and risks in the baseline scenario and articulate how policy measures address them.
Prepare an adjustment scenario that reflects the policy measures and their macroeconomic impact.
Identify further policy goals and measures that will be incorporated into a medium-term framework.
Syllabus
Upcoming Offering
| Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
|---|---|---|---|---|---|---|
| May 13, 2024 | May 24, 2024 | New Delhi, India | In-person Training | SA 24.27 | English | Invitation |
| June 3, 2024 | June 14, 2024 | Ebene, Mauritius | In-person Training | AT 24.39 | English (French, Portuguese) | Apply online by April 30, 2024 |
| November 11, 2024 | November 22, 2024 | Singapore, Singapore | In-person Training | ST 24.26 | English | Apply online by June 14, 2024 |
Virtual: Building Institutions to Fight Corruption (BIFC)
English (French, Portuguese) | June 3-7, 2024 | Virtual Training | Ebene, Mauritius
Apply online by April 26, 2024
Government Finance Statistics (GFS)
English (French, Portuguese) | June 10-28, 2024 | Hybrid Training | Ebene, Mauritius
Apply online by April 26, 2024
Central Bank Digital Currencies: Principles and Policy Considerations (CBDC)
English | July 22-26, 2024 | In-person Training | Vienna, Austria
Apply online by April 28, 2024
Macroeconomic Diagnostics (MDS)
English | July 29, 2024 - August 9, 2024 | In-person Training | Vienna, Austria
Apply online by April 28, 2024
Compilation of Macro-relevant Environment and Climate Change Statistics - Advanced (CMECC-A)
English | August 19-30, 2024 | In-person Training | Washington, D.C., United States
Apply online by April 30, 2024