Two week training course on "Fiscal Policy Analysis" (FPA)

Gorgasali Street N16

0114 Tbihsi, Georgia

+995 32226 1444

MINISTER OF FINANCE infomof.ge

OF GEORGIA

09 February 2024 iI1iIIINIii1IIi]NI[IIIIflhIi1111I N 23/9989

Honorable Tiit Riisalo

Minister of Economic Affairs and Information Technology of the Republic of Estonia

Dear Minister,

1 am pleased to inform you that the International Monetary Fund (IMF), in cooperation with the Ministry ofFinance

of Georgia and the Academy of the Ministry of Finance of Georgia, will oifer a two-week in-person training course

on “Fiscal Policy Analysis” (FPA) for junior to senior officials interested in understanding fiscal policy and its

macroeconomic implications. The course will take place from April 15 to 26, 2024 at the Academy of the Ministry

of Finance.

The course is targeted at up to 20 officials from Ministries of Finance, Economy, and Central Banks who are expected

to have taken undergraduate courses in macroeconomics or have equivalent experience, as well as a basic

background in microeconomics and econometrics. It is strongly recommended that applicants have completed the

Financial Programming and Policies (FPP) course. The training will be conducted in English.

This course, presented by the Institute for Capacity Development, provides an overview of the concepts and

techniques used to analyze how fiscal policy can help ensure macroeconomic stability and sustainable long-term

growth. It is a hands-on course that focuses on the core macrofiscal topics necessary for analyzing fiscal policy. The

learning units include general empirical findings, Microsoft Excel-based workshops, case studies, and selected topics

of regional interest. The course will be of interest to officials who wish to better understand how fiscal policy can

affect the economy and the related tools of analysis. Upon completion of this course, participants will he able to:

- Use fiscal policy to attain key government objectives: macro-stability, equity and efficiency, and

sustainable long-term growth.

- Use the tools and techniques acquired to assess the country’s fiscal stance, fiscal multipliers, and debt

sustainability.

- Assess the key elements of tax and expenditure policy.

Ali interested candidates from your institution should apply for the course using the onhine application system at:

https://www-ins.imf.org/TAS/signon.aspx?pkey=1271295400007428

The application deadline is February 232024. Up to two candidates from your instipr *M1 e)cted and invited

to participate in the course. 20. 02. 2024

Respectfully,

The course organizers are Mr. Naomitsu Yashiro, Senior Economist at the Institute ofCapacity (IMF) and Mr. Tariel

Chuhilchadze, Director of the Academy of the Ministry of Finance of Georgia. For additional information, please

contact Ms. Khatuna Zakariadze, International Relations Manager at the International Relations Department of the

Academy of the Ministry of Finance of Georgia, at [email protected]

We look forward to the participation of your representatives in this course.

https://edoc.mof.ge/public/#/9989-23-2-202402091 625

Lasha Khutsishvili