Seminar agenda

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Topics to be covered by the seminar


DAY 1 – June 20, 2011 (Monday)

  • Fiscal institutions: An overview of international experience and key requirements
  • Macroeconomic forecasting: Key inputs for sound fiscal policy formulation
  • Macro-fiscal forecasting and identifying and managing fiscal risks: Importance and challenges
  • Case-study-lessons from successful fiscal consolidations and the role of fiscal institutions

DAY 2 – June 21, 2011 (Tuesday)

  • Medium-term budget frameworks: Why they are an essential tool in ensuring fiscal sustainability and achievement of fiscal objectives
  • Workshop on building a medium-term budget framework: What is needed to successfully implement an MTBF
  • Interactive discussion: The role of parliament in the budget approval process

DAY 3 – June 22, 2011 (Wednesday)

  • Performance budgeting: What should SEE countries expect to gain from introduction of performance based budgeting and what to watch out for
  • Group exercise: Identification of needs and challenges in introducing performance informed budgeting in SEE countries
  • The role of independent fiscal agencies: What they add to sustainability of fiscal policy
  • Case study: Independent fiscal agencies in Europe

DAY 4 – June 23, 2011 (Thursday)

  • Fiscal accounting and reporting: How they contribute to fiscal transparency and oversight
  • Budget execution and treasury management: Role in implementation of fiscal policy
  • Wrap-up session
  • (Seminar evaluation)
 

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