Training Catalog Session Details

 All government officials are welcome to register.  This course is particularly useful for officials from ministries of finance, debt agencies, central banks, and other government agencies responsible for providing advice or implementing macroeconomic and public debt policies.

Some knowledge of economics is helpful.

Basic Microsoft Excel skills and access to a computer with a reliable Internet connection and a Google Chrome web browser are essential.

This two-module course, presented by the Institute for Capacity Development, explains how to project the evolution of public debt (i.e., government debt) over time, for a given set of projections of the relevant macro-fiscal variables.

The course, lays out the underpinnings of public debt dynamics (i.e., of the evolution of public debt over time) and explains how these concepts are applied in the easy-to-use Excel-based Public Debt Dynamics Tool (DDT). The DDT provides public debt projections under a baseline and alternative scenarios, including through fan charts that represent the uncertainty about the evolution of public debt. The DDT also identifies the main drivers of public debt changes, and computes fiscal adjustments paths that would be necessary to achieve a user-defined public debt target after a user-defined adjustment period.