Macro-Fiscal Planning for Central Banks Training Course

INTRODUCTION

Effective macro-fiscal planning is essential for ensuring economic stability and fostering sustainable growth. Central banks play a pivotal role in shaping fiscal policies that complement monetary strategies to achieve macroeconomic objectives. Macro-Fiscal Planning for Central Banks Training provides a comprehensive understanding of macro-fiscal frameworks, focusing on fiscal forecasting, budget planning, and policy coordination with monetary institutions.

Participants will engage with case studies, practical tools, and simulations to analyze fiscal trends, design medium-term frameworks, and address emerging economic challenges such as debt sustainability and climate finance. This Macro-Fiscal Planning for Central Banks Training training emphasizes practical skills, equipping participants to analyze and address real-world fiscal challenges effectively. The Macro-Fiscal Planning for Central Banks Training Course also fosters collaboration and knowledge sharing, enabling participants to apply innovative solutions in their respective roles.

 DURATION

5 days

TARGET AUDIENCE

This Macro-Fiscal Planning for Central Banks Training Course is designed for:

  • Central Bank Officials involved in fiscal analysis and policy coordination.
  • Government Economists working on fiscal forecasting and budgeting.
  • Policy Advisors and Analysts supporting macroeconomic planning.
  • Academics and Researchers focused on public finance and macroeconomic stability.

 COURSE OBJECTIVES

By the end of the Macro-Fiscal Planning for Central Banks Training Course, participants will be able to:

  • Understand the principles and components of macro-fiscal planning.
  • Develop medium-term fiscal frameworks aligned with economic objectives.
  • Conduct fiscal risk assessments and scenario analyses.
  • Address the challenges of fiscal sustainability, including public debt dynamics.
  • Integrate climate considerations and development goals into fiscal planning.
  • Foster coordination between fiscal and monetary policies.

COURSE CONTENT

Module 1: Foundations of Macro-Fiscal Planning

  • Introduction to fiscal policy objectives and macroeconomic stability.
  • The role of central banks in fiscal planning.
  • Fiscal policy in the context of economic cycles.

Module 2: Fiscal Forecasting and Budget Analysis

  • Techniques for forecasting government revenues and expenditures.
  • Budgeting principles and performance-based budgeting.
  • Workshop: Analyzing fiscal deficits and their macroeconomic implications.

Module 3: Medium-Term Fiscal Frameworks

  • Designing fiscal strategies for medium-term economic goals.
  • Tools for fiscal planning: fiscal rules, targets, and anchors.
  • Practical exercise: Building a medium-term fiscal plan for a case economy.

Module 4: Public Debt Management

  • Dynamics of public debt: sustainability and risks.
  • Strategies for managing sovereign debt and mitigating fiscal crises.
  • Case study: Lessons from global debt crises and successful recoveries.

Module 5: Climate and Development Finance

  • Integrating climate risks and sustainability into fiscal frameworks.
  • Mobilizing domestic and international resources for development goals.
  • Discussion: The role of fiscal policy in achieving SDGs.

Module 6: Fiscal-Monetary Policy Coordination

  • Interactions between fiscal and monetary policy: challenges and opportunities.
  • Central bank independence vs. fiscal policy alignment.
  • Simulation: Managing a fiscal-monetary policy response to an economic shock.

Module 7: Simulation and Final Presentations

  • Group project: Designing a comprehensive macro-fiscal plan.
  • Presentation and peer review of projects.
  • Certification ceremony and course evaluation.

 CERTIFICATION

  • Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

TRAINING VENUE

  • Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

  • Airport pick up and accommodation is arranged upon request

TERMS OF PAYMENT

  • Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com

 

Macro-fiscal Planning For Central Banks Training Course
Dates Fees Location Action
25/11/2024 - 29/11/2024 $1,250 Nairobi
02/12/2024 - 06/12/2024 $1,250 Nairobi
09/12/2024 - 13/12/2024 $1,500 Mombasa
16/12/2024 - 20/12/2024 $2,900 Kigali
06/01/2025 - 10/01/2025 $1,250 Nairobi
13/01/2025 - 10/01/2025 $1,500 Mombasa
20/01/2025 - 24/01/2025 $2,900 Kigali
03/02/2025 - 07/02/2025 $4,950 Dubai
10/02/2025 - 14/02/2025 $2,900 Kigali
17/02/2025 - 21/02/2025 $1,250 Nairobi
24/02/2025 - 28/02/2025 $4,000 Johannesburg
03/03/2025 - 07/03/2025 $1,250 Nairobi
10/03/2025 - 14/03/2025 $1,500 Mombasa
24/03/2025 - 28/03/2025 $2,900 Kigali
31/03/2025 - 04/04/2025 $1,500 Mombasa
07/04/2025 - 11/04/2025 $1,250 Nairobi
21/04/2025 - 25/04/2025 $2,900 Kigali
05/05/2025 - 09/05/2025 $1,250 Nairobi
12/05/2025 - 16/05/2025 $2,900 Kigali
19/05/2025 - 23/05/2025 $4,950 Instanbul
26/05/2025 - 30/05/2025 $1,250 Nairobi
02/06/2025 - 06/06/2025 $2,900 Kigali
09/06/2025 - 13/06/2025 $1,250 Nairobi
23/06/2025 - 27/06/2025 $1,500 Mombasa