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Fiscal Policy

Virtual : Tackling Public Investment in Challenging Times

Invitation

Session No.: SA 21.43V

Location: New Delhi, India

Date: September 6-10, 2021 (1 week)

Delivery Method: Virtual Training

Primary Language: English

    Target Audience

    The target audience will be staff of Ministries and other organizations who are involved in the budget and public investment management.

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    Qualifications

    A familiarity with the budget process and/or public investment activities.

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    Course Description

    This workshop will focus on planning and implementing an efficient, effective, and green public investment strategy. It comes as governments—both national and subnational—face staggering infrastructure needs and resource challenges in the pandemic period. The workshop will be anchored by a keynote address on the first day by Eivind Tandberg, Public Financial Management Advisor in IMF Fiscal Affairs Department, which will draw on a recently published IMF note on How to Manage Public Investment during a Postcrisis Recovery (https://www.imf.org/en/Publications/Fiscal-Affairs-Department-How-To-Notes/Issues/2021/07/22/How-to-Manage-Public-Investment-during-a-Postcrisis-Recovery-460746). Other daily session will cover managing and implementing public investment between multiple entities; planning and integrating public investment management policies into the medium-term budget process; delivering and maintaining productive and durable public investment assets; and developing and integrating public investment activities into recovery and reform plans. The workshop will combine expert lectures, participant exercises, and group discussions.

     

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    Course Objectives

    Participants will understand how to maximize public investment efficiency using sound budget allocation and project implementation practices.  They will have an improved knowledge on the linkages of medium term policy with budget preparation, implementation of infrastructure, and planning for operationalizing their infrastructure. In addition the participants will understand how to incorporate climate change considerations into project selection while realizing the benefits of coordinating public investment efforts between governmental entities.

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