Fiscal Policy and Public Expenditure Training Course: Strengthening Economic Governance and Resource Allocation

Introduction

Sound fiscal policy and effective public expenditure management are central to economic stability, sustainable growth, and efficient service delivery. Governments around the world face growing demands to balance budgets, manage public debt, and allocate resources transparently. This training course is designed to equip participants with practical knowledge and advanced skills in fiscal policy formulation, expenditure management, and financial governance.

Through a mix of theoretical insights, case studies, and interactive exercises, participants will explore the complexities of fiscal frameworks, expenditure prioritization, and performance evaluation. The course emphasizes transparency, accountability, and alignment with development goals, ensuring professionals are empowered to implement reforms that enhance fiscal discipline and maximize the impact of public spending.

Duration: 10 Days

Target Audience:

  • Government policymakers and advisors
  • Public finance managers and officers
  • Economists and financial analysts
  • Budget officers and expenditure planners
  • Officials from ministries of finance and planning
  • Development partners and donor agency staff
  • Local government finance administrators
  • Researchers and academics in fiscal policy

Course Objectives:

  • Understand the foundations of fiscal policy and expenditure management
  • Analyze the role of fiscal policy in economic stabilization and growth
  • Strengthen budget planning and expenditure prioritization
  • Apply tools for debt and deficit management
  • Explore approaches to sustainable revenue mobilization
  • Integrate fiscal policy with national development goals
  • Enhance accountability and transparency in public expenditure
  • Evaluate efficiency and effectiveness of fiscal systems
  • Examine international best practices in fiscal management
  • Develop strategies for fiscal reform and innovation

Course Modules

Module 1: Fundamentals of Fiscal Policy

  • Definition and objectives of fiscal policy
  • Role in macroeconomic management
  • Types of fiscal policy: expansionary vs. contractionary
  • Fiscal tools and instruments
  • Challenges in fiscal policy design

Module 2: Public Expenditure Management

  • Key principles of expenditure management
  • Expenditure classification and structures
  • Allocating resources effectively
  • Controlling expenditure growth
  • Role of expenditure ceilings

Module 3: Fiscal Frameworks and Medium-Term Planning

  • Medium-term expenditure frameworks (MTEF)
  • Linking budgets to long-term plans
  • Policy-based fiscal planning
  • Resource forecasting methods
  • Fiscal sustainability analysis

Module 4: Revenue Mobilization Strategies

  • Taxation principles and systems
  • Non-tax revenue sources
  • Revenue forecasting models
  • Equity and efficiency in taxation
  • Strengthening domestic revenue mobilization

Module 5: Budget Formulation and Prioritization

  • Stages of budget preparation
  • Policy alignment and resource allocation
  • Program and performance-based budgeting
  • Cost-benefit analysis in budget choices
  • Participatory budgeting approaches

Module 6: Public Debt and Deficit Management

  • Debt sustainability concepts
  • Domestic and external borrowing
  • Fiscal deficit measurement and control
  • Debt restructuring strategies
  • Risks of unsustainable debt

Module 7: Fiscal Policy and Economic Stability

  • Fiscal-monetary policy interactions
  • Countercyclical fiscal measures
  • Inflation and fiscal management
  • Addressing fiscal shocks
  • Case studies on crisis management

Module 8: Expenditure Monitoring and Evaluation

  • Role of monitoring systems in expenditure control
  • Performance indicators and benchmarks
  • Program evaluation methods
  • Linking evaluation to policy reform
  • Tools for expenditure tracking

Module 9: Transparency and Accountability in Fiscal Policy

  • Importance of fiscal openness
  • Citizen access to fiscal information
  • Role of supreme audit institutions
  • Anti-corruption strategies in expenditure
  • Global transparency initiatives

Module 10: Social Spending and Equity in Expenditure

  • Public expenditure on health and education
  • Poverty reduction strategies
  • Gender-responsive budgeting
  • Targeting social safety nets
  • Balancing equity and efficiency

Module 11: Infrastructure and Capital Expenditure

  • Role of infrastructure in development
  • Capital vs. recurrent expenditure
  • Project appraisal techniques
  • Financing infrastructure projects
  • Risks in large-scale capital spending

Module 12: Fiscal Policy and Sustainable Development Goals (SDGs)

  • Linking fiscal policy to global development goals
  • Green budgeting approaches
  • Climate change and fiscal frameworks
  • Financing sustainable development
  • Inclusive fiscal strategies

Module 13: International Experiences in Fiscal Management

  • OECD and IMF frameworks
  • Lessons from emerging economies
  • Best practices in fiscal reform
  • Innovations in expenditure management
  • Comparative country case studies

Module 14: Digital Transformation in Fiscal Management

  • E-governance in fiscal policy
  • Digital platforms for revenue collection
  • Real-time expenditure tracking
  • Transparency through digital tools
  • Big data and fiscal analytics

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 is provided by the institute. 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

For More Details call: +254-114-087-180

 

 

Fiscal Policy And Public Expenditure Training Course: Strengthening Economic Governance And Resource Allocation in Tuvalu
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