Fiscal Institutions and Fiscal Discipline

This course, presented by the IMF’s Fiscal Affairs Department, examines the role of fiscal institutions in promoting fiscal discipline. It will cover issues including fiscal rules and medium-term fiscal frameworks, top-down and medium-term budgeting, fiscal risk analysis, and the role of the legislature and independent fiscal institutions. 

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

• Explain and describe the significance and importance of fiscal institutions within a modern public finance management framework. 

• Analyze and evaluate relevant case studies of fiscal institution development. 

• Assess the strengths and weaknesses of their countries' budget institutions, relative to the region.