Courses 2020 Virtual

Course Date Course Number Sponsor
Sep 21- October 1, 2020 CE 20.30V IMF (CEF/ICD)-AMF


Course Description: The COVID-19 pandemic and the economic contraction it triggered is putting enormous pressures on public finances. The impact is compounded in oil-exporting countries due to a sharp decline in oil prices. The severity of the shock will likely result in a temporary large deterioration in the fiscal accounts and an increase in public debt levels.

The course provides an overview of the fiscal policy tools that governments have used to mitigate the impact of the pandemic on households and firms and their potential implications on macroeconomic stability and sustainable long-term growth.  This hands-on course is built around the core macro-fiscal topics needed to assess the role of fiscal policy in macroeconomic management. The learning units include general empirical findings, Microsoft Excel-based workshops, case studies, and selected topics of regional interest.

Course Date Course Number Sponsor
Nov 2-5, 2020 CE20.112V OECD


Course Description: The course is conducted by a team of OECD and international experts. The first part of the course focuses on SME policy aspects such as criteria for official SME definitions, initiatives to improve the business environment, monitoring and evaluation of policies, SME statistics, etc. The second part is devoted to access to finance, including access to credit and equity finance. The course also includes modules on innovative and high potential enterprises. It combines active discussions, the presentation of experiences from participants and practical exercises.

Course Objectives: Upon completion of this course, participants should be able to:

·       Gain knowledge on the different elements and institutional set-ups of SME policy;

·       Analyze the importance of improving the regulatory and legal environment for access to finance and discuss specific mechanism to facilitate access to finance;

·       Present the practices and experience of their own institutions and learn from peers; and

·       Expand their professional networks.

Course Date Course Number Sponsor
November 9-19, 2020 CE2025v



Target Audience: Junior to senior officials with some intermediate fiscal background who are interested in understanding and applying fiscal sustainability analyses and how they may relate to a country-specific environment.


Qualifications: Participants are expected to have a degree in economics or equivalent work experience and some familiarity with using spreadsheets.


Course Description: The sharp economic downturn and high fiscal deficits due to the COVID- 19 pandemic have exacerbated the debt build-up, witnessed during the last decade. The resulting debt burdens threaten fiscal sustainability and economic growth and stability.

This virtual course, presented by the Institute for Capacity Development, consists of a hands-on webinar series that discuss how to project the stock of public debt for a baseline (most likely) and alternative scenarios, and how to estimate the path of fiscal adjustments necessary to reach a pre-determined target level of debt. The course also discusses fiscal risks and fiscal crisis.

This course lays out the underpinnings of public debt dynamics (i.e., the evolution of public debt over time) and explains how these concepts are applied in the easy-to-use Excel-based Public Debt Dynamics Tool (DDT). Using projections of some 10 key macroeconomic and financial variables, the DDT provides public debt projections under a baseline and alternative scenarios, including through fan charts that describe uncertainty about the evolution of debt over time in a probabilistic manner. The DDT also identifies the main drivers of public debt changes, and computes measures of fiscal adjustments that are necessary to achieve a public debt target after a certain period, as specified by the user. At the end of the course, participants are expected to use the DDT to analyze public debt dynamics in the country they are working with.


Course Objectives: Upon completion of this course, participants should be able to:


·       Compute public debt dynamics and identifying the main drivers of changes in public debt.

·       Compute paths of fiscal adjustments necessary to achieve a public debt target.

·       Conduct a stress test to public debt dynamics, including using fan charts.

·       Analyze fiscal risks

·       Analyze fiscal crisis and fiscal adjustment.

Course Date Course Number Sponsor
Nov 30-Dec 3, 2020 CE20.114v World Bank- Regional Human Development Practice Group in MENA (WBG)

Target Audience:
This course is designed for senior level government officials from the health, education, social protection and labor market sectors who are engaged in the human capital project of the World Bank. In addition, representatives from the Ministries of Finance, Economy and Planning covering human development will benefit from this course. 


Qualifications: Participants will be senior level representatives from the relevant ministries and agencies engaged in the human capital project of the World Bank, who are playing a decision-making role in the design, implementation, oversight and/or evaluation of national policies, strategies and/or programs related to accelerating human capital formation in their respective countries.


Language: The course is conducted in English with simultaneous interpretation into Arabic.


Course Description: Human Capital is being recognized as key driver of sustained economic growth.  Countries that aim at diversifying their economies, creating jobs, and achieving shared prosperity need to invest in their people.  This four-day course is designed to engage participants in understanding how human capital contributes to increased productivity and economic growth; learning from the global experiences on improving human capital; identifying the best practices and strategies for improving education and health outcomes as well as skills development, particularly for the youth; and learning about innovations to improve human capital using technology and behavioral insights. The impact of COVID-19 will be addressed as part of each of these topics.

The course will be delivered virtually and will be interactive and engaging participants on various topics.

For additional information concerning the content of the course, please address your inquiries to Dr. Sameh El-Saharty, Program Leader for Human Development, at:

Course Date Course Number
October 12-22, 2020 CE20.19v


Target Audience: Junior to mid-level officials from emerging markets and low-income countries interested in understanding and analyzing the conduct of monetary policy and its interaction with the rest of the economy.

Qualifications: Participants are expected to have an advanced degree in economics or equivalent experience and be comfortable using Microsoft Excel and Excel-based applications. This is an overview course. It is strongly recommended that applicants have completed a few general macroeconomic courses, such as Financial Programming and Policies (FPP) and Macroeconomic Diagnostic (MDS), face-to-face or online.

Language: The course is conducted in English only. Due to the technical nature of the course, English proficiency is a prerequisite.


Course Description: This course gives a comprehensive overview of monetary policy regimes, monetary transmission mechanisms, and the role of monetary policy in macroeconomic stabilization. The course bridges the gap between theory, empirical evidence, and operational experience by illustrating the optimization problems and tradeoffs involved in monetary policy decisions. The learning process moves from lectures introducing the basic concepts to hands-on workshops. Case studies are used to reinforce participant understanding and to help them compare and assess a variety of experiences.

Course Objectives: Upon completion of this course, participants should be able to:

·                Analyze how monetary policy decisions are made under various regimes to deliver price stability;

·                Identify how these decisions are transmitted to the real economy; and

·                Evaluate how the economy and monetary policy respond to macroeconomic shocks under various monetary policy frameworks, demonstrated through a group presentation to their peers.

Central bank practitioners should also be able to:

·                Design a sound monetary policy framework; and

·                Prescribe policies consistent with the framework chosen.