Course Schedule 2017

Fiscal Sustainability (JV17.20)


TARGET GROUP | Junior- to senior-level officials with some intermediate fiscal background, who are interested in understanding and applying a fiscal sustainability analysis and its applications in the context of country-specific macro-fiscal environments. Participants are expected to have a degree in economics or equivalent experience, along with some experience using spreadsheets. It is highly recommended that the online course on Debt Sustainability Analysis (DSAx) be completed (in full or several modules) before attending this course.


DESCRIPTION | This two-week course, presented by the IMF’s Institute for Capacity Development, looks at fiscal sustainability as a key requirement to achieve macroeconomic stability and ensure sustainable long-term growth and equity. It provides a thorough overview of how to assess fiscal sustainability from a policy and tools perspectives. It presents and discusses tools to understand fiscal risks and early warning indicators used by the IMF; sovereign debt management strategies; and debt crisis. It also covers policy issues related to long-term fiscal challenges such as aging populations and pension reform, and the impact of various contingent liabilities (such as Public Private Partnerships—PPPs) on the long-term fiscal position.


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

• Describe why fiscal sustainability is key to macroeconomic stability and sustainable growth

• Characterize key concepts, definitions and techniques for fiscal sustainability analysis

• Identify near- and long-term risks and fiscal vulnerabilities

• Analyze crises and fiscal adjustments cases

• Differentiate between various Debt Sustainability Analysis frameworks

• Prepare a risk-based Debt Sustainability Analysis for the case of a country with access to financial markets

Course Program

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Course Details

Start: 20170717Jul 17
End: 20170728Jul 28

Language: English

Sponsoring Organization: IMF

Admin Arrangements
Application Deadline: April 07, 2017

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