Strengthening Fiscal Institutions and Managing Fiscal Risks (SFR)

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Deadline for the application has passed.
Course No.: AT 18.16
Location: Ebene, Mauritius
Date: October 8, 2018-October 12, 2018 (1 Week)
Language: English

Target Audience:

Mid-level to senior officials in ministries of finance, treasuries, debt management offices, ministries of economy, general accounting offices, and financial planning divisions in line ministries.


Participants should have significant experience in fiscal policy, macroeconomics, management of fiscal risks, treasury management, or budgeting.

Course Description:

This course, presented by the IMF Fiscal Affairs Department, examines the role of fiscal institutions in identification and management of fiscal risks. It discusses key institutions that help governments better understand the types, scale, and probability that the risks confronting them will materialize and explores how governments can make the necessary institutional arrangements to mitigate many of the risks. It also examines the extent to which identification and quantification of risks can help promote fiscal transparency. The course will also discuss the Fiscal Transparency Code, Fiscal Transparency Evaluation, and Fiscal Transparency Manual and recent IMF research on identification and management of fiscal risks.

Course Objectives:

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

  • Describe, explain, and illustrate the main fiscal risks and contingent liabilities related to formulation of fiscal policies.
  • Describe the role of the main fiscal institutions in managing fiscal risks.
  • Identify the main fiscal risks a country may face.
  • Prioritize and assess the relevance of each type of fiscal risk.
  • Calculate the impact of the main macroeconomic and other fiscal risks.
  • Prepare a statement of the main fiscal risks.

Important Note for Online Courses:

For Online Learning (OL) courses, which are delivered through the edX platform, you will need an additional piece of information to register: you will be prompted for your edX.org username. If you do not already have a username, please go to https://courses.edx.org/register and sign up for a free account. Once you have created an account, you may complete the IMF Institute application. If you already have an edX account, your username can be found on the top right of the screen after logging in.

Important Note for Internal Economics Training Courses:

Internal Economics Training (IT) courses are self-financed. The IMF will not charge officials for attending courses. However, all travel, insurance, hotel, and living costs will need to be covered by the agency sponsoring the participants.