Fiscal Risks Management

This one-week hands-on training course presents an introduction to practical tools that are useful in country analysis to help economists better assess a country’s fiscal risks and fiscal positions under various macroeconomic conditions and prepare consistent fiscal forecasts under uncertainty. It will help deliver analytically informed policy advice for the design of development policy and other WB lending operations, and related non-lending products, with fiscal policy measures. It will also help assess fiscal impacts of state-owned enterprise (SOE) operations and energy subsidy reforms. It could help identify fiscal risks from a country’s demographic structure (e.g. aging), impacts of natural disasters, and from large infrastructure development plans using market-based financing/public-private partnerships (PPPs) with a view towards maximizing finance for development.