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Financial Programming and Policies (FPP)

Financial Programming and Policies

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.

Read More Topic : General Macroeconomic Analysis

    Target Audience

    Officials from ministries of finance, economy, planning and central banks who advise on or help design and implement macroeconomic and financial policies.

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    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 and the online Financial Programming and Analysis, Part 2: Program Design (FPP.2x) course.

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    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.
    • Negotiate an economic adjustment program with the respective counterparty in a role-playing simulation exercise.
    • Identify further policy goals and measures that will be incorporated into a medium-term framework.
       
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    Syllabus

    This course aims to teach participants how to both 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/financial) and the interrelations among them, highlighting both accounting and behavioral relationships, using data from a country case study.
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    Upcoming Offering

    Start date End date Location Delivery Method Session No. Primary & (Interpretation) language Apply
    January 27, 2025 February 7, 2025 Vienna, Austria Blended Training JV 25.03 English (Russian) Deadline passed
    March 3, 2025 March 14, 2025 Washington, D.C., United States Blended Training HQ 25.01 English Deadline passed
    July 21, 2025 August 1, 2025 Vienna, Austria Blended Training JV 25.20 English (Russian) Apply online by March 30, 2025
    October 27, 2025 November 7, 2025 Singapore, Singapore In-person Training ST 25.27 English Apply online by July 29, 2025
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