Financial Programming and Policies

TARGET GROUP | Officials from ministries of finance, economy, planning and central banks who advise on or help design and implement macroeconomic and financial policies.

QUALIFICATIONS | Participants are expected to have a degree in economics or equivalent experience and be proficient in the use of spreadsheets.

COURSE DESCRIPTION | This course 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.

BLENDED COURSE REQUIREMENTS |

Blended FPP course will be partly delivered virtually via Moodle platform and partly held in-person.

• In the virtual part of the course, which will run for two weeks between January 18 and 29, participants will self-study the prescribed material and attend live virtual meetings (about two hours long) on every other day. It is expected that these self-study sessions and live meetings to take about 2 hours daily. There will be an online mini assessment at the end of every lesson in the virtual part of this course.

• In the in-person part of the course, which will also run for two weeks (but full time), participants will spend most of their time in hands-on workshops, working together in small groups, to formulate first a baseline scenario using macro framework and then prepare and negotiate an economic adjustment program in a role-playing simulation exercise for the case-study country under the guidance of an experienced counselor.

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 scenario 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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Course Details

Start: 20270208Feb 08
End: 20270219Feb 19

Language: English

Sponsoring Organization: IMF

Admin Arrangements


Application Deadline: November 01, 2026

Apply here