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Fiscal Frameworks and Medium-Term Budgeting

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Session No.: CE 24.30

Location: Kuwait City, Kuwait

Date: November 17-21, 2024 (1 week)

Delivery Method: In-person Training

Primary Language: English

Interpretation Language: Arabic

    Target Audience

    The course targets senior and mid-level government officials in ministries of finance or economy working in budget or macro-fiscal analysis departments.
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    Qualifications

    Applicants are expected to be mid-to senior level qualified professionals with experience and background in macro-fiscal analysis, fiscal policy, and budget formulation
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    Course Description

    In today's dynamic economic environment, establishing robust fiscal frameworks and implementing effective medium-term budgeting processes are crucial for ensuring fiscal sustainability and promoting economic stability. This workshop aims to enhance understanding of how a medium-term perspective in budgeting can improve fiscal discipline and expenditure control, and the preconditions and elements for effective MTBFs, including their relationship with fiscal rules. It is designed to provide participants with a comprehensive understanding of the principles underpinning fiscal frameworks and the practical applications of medium-term budgeting. Participants are expected to actively contribute to presentations on country practices and exercises. Peer learning will be an essential element of the workshop.
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    Course Objectives

    Upon completion of this course, participants should be able to:¿ Understand the key components and principles of fiscal frameworks that support sustainable public finances.¿ Develop skills in designing and implementing a medium-term budgeting process that aligns with fiscal policy objectives.¿ Analyze the impact of fiscal frameworks and medium-term budgeting on fiscal discipline.¿ Explore best practices and case studies from the region on the successful integration of fiscal frameworks and medium-term budgeting into public financial management systems.
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