Fiscal Analysis and Revenue Forecasting

Statement of Need

Overtime governments are faced either with the challenge of a declining fiscal space or with a stagnant fiscal space. On the other hand, public expenditure is growing at an exponential rate. Creating and expanding the fiscal space is therefore a constant obsession of the budget and revenue experts. This requires development of models for analysing the fiscal space and for carrying out revenue forecasting.

Who Attends

The programme is relevant for revenue and budgeting officers from treasury and revenue authority from any level of government including national and subnational governments. Participants are encourage to bring their laptops loaded with Ms Excel.

How participants will benefit

At the end of the course, participants will:

• Learn how to analyse and to create strategies for expanding the fiscal space
• Learn about emerging models and techniques of analyzing the fiscal space
• Create models for revenue forecasting
• Develop models for scenario analysis and simulation with respect to revenue gap, funding, policy simulation and analysis

Topics Include

• Fiscal space
  
• Strategies for expanding the fiscal space
  
• Fiscal space and data analysis
  
• Developing Financial Models for Revenue Forecasting
  
• Simulation techniques
  
• Policy scenario analysis and simulation
  
• Revenue forecasting using emerging models