In this three-session webinar aiming at highlighting the principles and key design features of medium-term budget planning, participants will discuss the relevance of medium-term budget planning for the country’s own budget system, taking into account existing features such as the medium-term fiscal framework.
Upon completion of this webinar, presented by the IMF-Middle East Regional Technical Assistance Center (METAC) and the Institute des Finances Basil Fuleihan,participants should be able to:
– understand the relevance of medium-term budgeting for modern public finance management;
– describe the key features of a medium-term budget framework (MTBF) and institutional underpinnings, including the complementarity to the existing medium-term fiscal framework (MTFF);
– understand the principles of forward costing;
– reflect on (i) the strengths and weaknesses of their country’s budgeting system and (ii) possibilities to consider introducing some features of medium-term budgeting.