Fiscal Sustainability-Debt Sustainability Framework for Low Income Countries (FS)

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Course No.: SA 18.36
Location: Bangkok, Thailand
Date: November 12, 2018-November 16, 2018 (1 Week)
Language: English

Target Audience:

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 LIC Debt Sustainability Framework (LIC-DSF) be completed (in full or sever

Course Description:

This 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 and sovereign debt management strategies. It also covers policy issues related to fiscal risk and the impact of various contingent liabilities (such as Public Private Partnerships - PPPs) on the long-term fiscal position.

Course Objectives:

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.- Understand the Debt Sustainability Framework for Low-Income Countries.- Identify near- and long-term risks and fiscal vulnerabilities.- Prepare a risk-based Debt Sustainability Analysis (DSA) for the case of a low income country.

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.