Courses
Understanding, Assessing, and Managing Fiscal Risks (UAMFR)
March 3rd to 7th, 2024

This course, presented by the Fiscal Affairs Department (FAD) discusses key institutions that help governments better understand, monitor, and manage risks to public finances. It provides an overview of the key sources of fiscal risks, the main approaches to analyzing, reporting, disclosing, and mitigating them, and the related institutional arrangements. It also provides an overview of FAD’s Fiscal Risk Toolkit, which comprises a range of practical excel-based tools to assist countries in analyzing and quantifying their fiscal risk exposures, as well as training on the application of some of the newest tools in the Toolkit. In particular, the course will focus on macroeconomic risks, such as volatility in commodity prices, risks stemming from state-owned enterprises, and other contingent liabilities.