J ,
Gorgasali Street N16
0114 Tbilisi, Georgia
+995 32 226 14 44
MINISTER OF FINANCE infomof.ge
OF GEORGIA
09 February 2024
N 23/9995
Honorable Mart Vörklaev,
Minister of Finance 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, wil 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 frorn 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
sustainahle 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 online application system at:
https://www-ins.imf.org/TAS/signon.aspx?pkey=1 271295400007428
The application deadiine is February 23, 2024. Up to two candidates from your institution will he selected and
invited to participate in the course.
The course organizers are Mr. Naomitsu Yashiro, Senior Economist at the Institute Mr. Tariel
Chululchad.ze, Director of the Academy of the Ministry of Finance of Georgia. For a44jtio1 ijqmation, please
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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.
Respectfully,
/ •-L•-•Z•:::.
Lasha Khutsishvili
https://edoc.mof.ge/public/#/9995-23-2-202402091 627
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