Understanding, Assessing and Managing Fiscal Risks (UAMFR)
This course, presented by the Fiscal Affairs Department (FAD), forms part of FAD’s Fiscal Risk Work Program, and discusses key institutions that help governments better understand, monitor, and manage risks to public finances. It provides an overview of the key sources of fiscal risks, approaches to analyzing and mitigating them, and institutional arrangements for dealing with them. It provides an overview of FAD’s Fiscal Risk Toolkit, which comprises a range of practical eExcel-based tools to assist countries in analyzing and quantifying their fiscal risk exposures, as well as training on the application of some of the newest tools in the Toolkit. The course also discusses standards for reporting and disclosing fiscal risks – as prescribed in the IMF’s Fiscal Transparency Code.
Target Audience
Mid-level to senior officials in ministries of finance and economy, treasuries and debt management offices, or other government offices involved in assessing and managing fiscal risks.
Qualifications
Participants are expected to have relevant experience in fiscal policy, budgeting, treasury, and debt management, or fiscal risk management and have knowledge of Excel.
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.
- Understand the main techniques and approaches used to assess macro-fiscal and risks from specific sources such as government loan guarantees, state-owned enterprises, and public-private partnerships.
- Identify institutional arrangements that support effective fiscal risk monitoring and management.
- Prepare a fiscal risk statement.
Institutional Sector Accounts (ISA)
English | December 9-13, 2024 | In-person Training | New Delhi, India
Apply online by November 23, 2024
Building Institutions to Fight Corruption (BIFC)
English (Russian) | March 3-7, 2025 | In-person Training | Vienna, Austria
Apply online by November 24, 2024
Reforming Fuel Subsidies (RFS)
English (Arabic) | February 2-6, 2025 | In-person Training | Kuwait City, Kuwait
Apply online by November 24, 2024
Fiscal Policy Analysis (FPA)
Arabic | February 3-13, 2025 | In-person Training | Abu Dhabi, United Arab Emirates
Apply online by November 25, 2024
VITARA - Information Technology and Data Management (VITARA-ITD)
English | November 19, 2024 - December 10, 2024 | Online Training | Course conducted online
Apply online by November 26, 2024