Strengthening Budget Institutions (SBI)

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Deadline for the application has passed.
Course No.: CE 18.24
Location: Kuwait City, Kuwait
Date: October 21, 2018-October 25, 2018 (1 Week)
Language: English (Arabic)

Target Audience:

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


Participants should have significant experience in fiscal policy, macroeconomics, or budgeting.

Course Description:

This course, presented by the IMF Fiscal Affairs Department, examines the role of fiscal institutions, such as medium-term fiscal frameworks, top-down budgeting, medium-term budgeting, cash and debt management, independent fiscal institutions, and budget comprehensiveness, and how each promotes fiscal discipline.

Course Objectives:

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

  • Explain and describe the importance of fiscal institutions for modern public finance management.
  • Summarize and analyze the strengths and weaknesses of the budget institutions of their own country relative to regional comparators.
  • Summarize factors in the choices involved in the design of fiscal responsibility laws, fiscal rules, and independent fiscal institutions.
  • Explain and analyze the main techniques used to measure fiscal risks, and steps taken choices involved in the management of fiscal risks.
  • Describe and summarize the key features of the IMF Fiscal Transparency Code and Public Investment Management Assessment framework.

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.