Financial Programming and Policies (FPP)
Apply online by September 22, 2024 Deadline extended
Session No.: HQ 25.01
Location: Washington, D.C., United States
Date: March 3-14, 2025 (5 weeks) New dates
Delivery Method: Blended Training
Primary Language: English
Apply NowTarget Audience
Officials from central banks and ministries of finance, economy, and planning who advise on or help implement macroeconomic and financial policies. Participants are expected to have a degree in economics or equivalent experience and be proficient in the use of spreadsheets.
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: MacroeconomicAccounts and Analysis (FPP.1x) course or the online Financial Programming and Analysis, Part 2: Program Design (FPP.2x) course.
Course Description
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.
This course is being offered in a blended format. To successfully complete this course, participants will be expected to participate in two weeks of virtual training (February 10–21, 2025), including approximately 2–3 hours of self-study and live virtual sessions, 1.5 hours in duration, every other day to facilitate interactive discussions with instructors and peers. These two weeks will prepare participants for the subsequent two weeks of in-person training (March 3–14, 2025). In the in-person part of the course, participants will be able to apply what they have learned through hands-on workshops based on a case study, a negotiation simulation, and rich discussions.
Course Objectives
Upon completion of this course, participants should be able to:
- Analyze economic and financial developments of a country in the region using historical data and a hands-on, Excel-based macro framework.
- Create consistent macroeconomic projections on the assumption that policies do not change.
- Identify economic vulnerabilities and risks in a baseline scenario and policy measures to address them.
- Prepare an adjustment scenario that reflects the policy measures and their macroeconomic impact.
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