9 Topics
5 Days
Programme Overview
Training Description
Government budget officials and policymakers
Public sector economists
Development and finance ministry staff
Researchers and academics in public finance
International development agency professionals
Central bank analysts
NGO and civil society advocates
Public financial management (PFM) consultants
University students in economics or public administration
Parliamentarians and legislative researchers
Session Objectives
- Master the core principles of public financial management. Analyze the macroeconomic context for budget policy design. Formulate effective strategies for revenue mobilization and tax administration. Design expenditure policies that align with national development priorities. Understand and mitigate the risks associated with public debt. Incorporate gender and social equity into the budgeting process
About the Course
Effective budget policy is the cornerstone of sustainable development, economic stability, and poverty reduction in developing nations. Unlike developed economies, these countries often face unique challenges, including volatile revenue streams, limited institutional capacity, and urgent social and infrastructural needs. A well-designed budget policy must navigate these complexities, balancing fiscal discipline with the imperative for inclusive growth. Mastering the principles of sound public finance is essential for policymakers and practitioners aiming to build resilient and prosperous societies.
This comprehensive training course is crafted to provide you with the strategic insights and practical skills required to design and implement robust budget policies tailored to the specific needs of developing economies. The curriculum covers a range of topics from macroeconomic forecasting and revenue mobilization to debt management and gender-responsive budgeting. Through a blend of theoretical frameworks and hands-on case studies, you will learn to create a fiscal blueprint that not only ensures financial stability but also acts as a powerful tool for achieving national development goals
Curriculum & Topics
9 Topics | 5 Days
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Subtopic 1.1:
The role of the budget in a developing economy.
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Subtopic 1.2:
Key concepts of fiscal policy and its macroeconomic effects.
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Subtopic 1.3:
The budget cycle from formulation to evaluation.
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Subtopic 1.4:
Institutional frameworks for public financial management.
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Subtopic 1.5:
Challenges and constraints in developing economies.
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Subtopic 2.1:
Tools for macroeconomic forecasting and fiscal planning.
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Subtopic 2.2:
Designing a Medium-Term Expenditure Framework (MTEF).
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Subtopic 2.3:
Fiscal rules and their role in ensuring fiscal discipline.
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Subtopic 2.4:
Managing fiscal shocks and economic volatility.
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Subtopic 2.5:
The impact of global economic trends on national budgets.
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Subtopic 3.1:
Principles of a good tax system for developing economies.
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Subtopic 3.2:
Broadening the tax base and improving tax compliance.
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Subtopic 3.3:
The role of non-tax revenues and resource rents.
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Subtopic 3.4:
Best practices in tax administration and customs reform.
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Subtopic 3.5:
Analyzing the distributional impact of tax policy.
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Subtopic 4.1:
Aligning budget allocations with strategic national priorities.
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Subtopic 4.2:
Performance-based budgeting vs. traditional line-item budgeting.
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Subtopic 4.3:
Public investment management and project appraisal.
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Subtopic 4.4:
Controlling and monitoring government spending.
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Subtopic 4.5:
Sectoral budgeting for key areas like health and education.
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Subtopic 5.1:
The role of public debt in financing development.
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Subtopic 5.2:
Differentiating between domestic and external debt.
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Subtopic 5.3:
Debt sustainability analysis and early warning indicators.
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Subtopic 5.4:
Designing a credible and transparent debt management strategy.
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Subtopic 5.5:
Case studies on debt crises and recovery strategies.
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Subtopic 6.1:
Defining social and gender-responsive budgeting.
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Subtopic 6.2:
Tools and techniques for gender budget analysis.
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Subtopic 6.3:
Mainstreaming social equity into budget allocations.
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Subtopic 6.4:
Measuring the impact of budget policies on vulnerable groups.
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Subtopic 6.5:
International case studies on successful social budgeting.
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Subtopic 7.1:
The importance of open budget data and public participation.
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Subtopic 7.2:
Fiscal reporting standards and the role of supreme audit institutions.
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Subtopic 7.3:
Legislative oversight of the budget process.
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Subtopic 7.4:
Combating corruption and illicit financial flows.
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Subtopic 7.5:
Using technology to enhance transparency and citizen engagement.
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Subtopic 8.1:
The principles of fiscal decentralization.
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Subtopic 8.2:
Revenue assignment and intergovernmental transfers.
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Subtopic 8.3:
Challenges and opportunities of local government budgeting.
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Subtopic 8.4:
Capacity building for sub-national financial management.
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Subtopic 8.5:
Case studies of decentralized budgeting in practice.
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Subtopic 9.1:
Participants will work in teams to design a budget policy for a fictional developing country.
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Subtopic 9.2:
Applying all course concepts, from revenue forecasting to expenditure planning.
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Subtopic 9.3:
Presenting and defending the budget policy to a simulated "cabinet."
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Subtopic 9.4:
Peer review and feedback on policy proposals.
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Subtopic 9.5:
Finalizing a policy brief summarizing the key recommendations.
