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Financial Programming and Policies

Financial Programming and Policies (FPP)

Apply online by August 17, 2025 Deadline extended

Session No.: HQ 25.09

Location: Washington, D.C., United States

Date: December 1-12, 2025 (5 weeks) New dates

Delivery Method: Blended Training

Primary Language: English

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Target Audience

Officials from ministries of finance, economy, planning and central banks who advise on or help design and implement macroeconomic (fiscal and monetary) policies.
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Qualifications

Participants are expected to have a degree in economics or equivalent experience in a relevant institution (e.g., ministry of finance or a central bank) and be proficient in the use of spreadsheets. It is strongly recommended that applicants have completed the online (self-paced) Financial Programming and Policies, Part 1: Macroeconomic Accounts and Analysis (FPP.1x) course.
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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 blended FPP course will be partly delivered virtually via Moodle platform and partly held in-person in Washington DC.
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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 program 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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