Assessing and Managing Fiscal Risks (AMFR)
This course, presented by the Fiscal Affairs Department, discusses key institutions that help governments better assess and manage risks to the government budget. It provides an overview of typical fiscal risks – including those created by the COVID-19 pandemic, – their scale and relative importance, approaches for identifying and analyzing them, possible mitigating measures, and institutional arrangements for dealing with them. The course also discusses standards for the disclosure of fiscal risks – as prescribed in the IMF’s Fiscal Transparency Code – and the lessons from the IMF’s fiscal transparency evaluations. The course will also provide an overview and hands-on demonstrations of relevant tools from the IMF Fiscal Risk Toolkit.
Target Audience
Mid-level to senior government officials in ministries of economy and finance, treasuries, government accounting offices, and national-level fiscal planning bodies.
Qualifications
Relevant experience in fiscal policy, management of fiscal risks, treasury management, or budgeting.
Course Objectives
Upon completion of this course, participants should be able to:
- Define fiscal risks and contingent liabilities and identify their key characteristics.
- Identify the main fiscal risks a country may face and assess and prioritize these risks according to their relevance.
- Identify approaches to analyzing and quantifying macroeconomic risks and risks from specific sources, such as government credit guarantees, sub-national governments, state-owned enterprises, insurance programs, and public-private-partnerships.
- Develop the content of a fiscal risk statement.
- Identify institutional arrangements required for effective fiscal risk monitoring and management.
Institutional Sector Accounts (ISA)
English | December 9-13, 2024 | In-person Training | New Delhi, India
Apply online by November 5, 2024
Central Bank Digital Currency - Initial Considerations (CBDC)
English (Arabic) | January 5-9, 2025 | In-person Training | Kuwait City, Kuwait
Apply online by November 7, 2024
Macroeconomic Policy Communication Blended
English (English) | January 20-24, 2025 | Blended Training | Singapore, Singapore
Apply online by November 8, 2024
Strengthening Revenue Administration for Gender Equality
English | December 9-11, 2024 | In-person Training | New Delhi, India
Apply online by November 9, 2024
Government Finance Statistics - Advanced (GFS-A)
English | February 10-21, 2025 | In-person Training | Singapore, Singapore
Apply online by November 10, 2024