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RFAx

Revenue Forecasting and Analysis (RFAx)

Apply online by April 1, 2025 Deadline extended

Session No.: OL 24.213

Location: Course conducted online

Date: May 1, 2024 - April 15, 2025 (50 weeks)

Delivery Method: Online Training

Primary Language: English

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    Target Audience

    All government officials are welcome to register. This course is designed for anyone interested in learning about the theory and practice of revenue forecasting and tax policy analysis.

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    Qualifications

    Some knowledge of taxation and/or economics is helpful. Basic Microsoft Excel skills and access to a computer with a reliable Internet connection are essential.

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    Course Description

    Presented by the IMF Fiscal Affairs Department, the course offers hands-on learning that will help students build foundational knowledge on the different quantitative models and techniques that can be used to forecast revenues and undertake tax policy analysis, while also exploring related issues such as the features of a sound institutional framework and the key principles of tax policymaking.

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    Course Objectives

    Upon completion of this course, participants should be able to:  

    • Analyze fundamental principles and trends in tax revenue analysis.
    • Explain the key features of an effective institutional framework for revenue forecasting.
    • Identify data requirements and recognize potential data issues.
    • Produce revenue forecasts using different models.
    • Recognize the strengths and limitations of different forecasting methods.
    • Use the adequate model(s) to quantify the impact of tax policy changes, including input-output tables and micro-simulation models.
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