Program Medium-Term Budget Frameworks Workshop
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Program Medium-Term Budget Frameworks Workshop

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Program of FAD-IMF-AFRITAC West 2 regional workshop on Medium Term Budget Framework held in Accra, June 2th-6th 2014. Countries attending: Cabo Verde, Gambia Ghana, Liberia, Nigeria, Sierra Leone

Program of FAD-IMF-AFRITAC West 2 regional workshop on Medium Term Budget Framework held in Accra, June 2th-6th 2014. Countries attending: Cabo Verde, Gambia Ghana, Liberia, Nigeria, Sierra Leone

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Program Medium-Term Budget Frameworks Workshop Program Medium-Term Budget Frameworks Workshop Document Transcript

  • Fiscal Affairs Department, International Monetary Fund & AFRITAC West 2 Workshop on Medium-Term Budget Frameworks June 2nd –6th , 2014 Accra, Ghana Program Schedule Time Session Resource person Day 1: Monday, June 2, 2014 THEME 1: INTRODUCTION TO MTBFs IN AFRICA 09:00 – 09:30 am Registration 09:30 – 09:40 am 09:40 – 09:50 am 09:50 – 10:00 am 10:00 – 10:30 am 10:30 – 11:15 am Session 1.1: Official Opening. Welcoming statements by MoF of Ghana Welcoming statements by AFRITAC West 2 Presentation of the seminar Introductions from attendees Fiscal Planning and PFM Reforms Mr. Patrick Nomo Luc Leruth, Center Director Jean-Marc Lepain (AFW2) Jean-Marc Lepain (AFW2) 11:15 – 11:30 am BREAK 11:30 – 12:30 pm Session 1.2: Plenary Lecture – Introduction to Public Sector Budgeting and MTBFs  Key budgeting concepts  Prerequisites  Key MTBF concepts and objectives Followed by plenary discussion. Imran Aziz (Consultant) 12:30 – 13.30 pm LUNCH 13:30 – 14:30 pm Session 1.3: Plenary Lecture – MTBFs in Africa: An Assessment.  Overview of history of MTBFs in Africa  Summary of lessons from MTBFs in Africa Followed by plenary discussion. Ismaila Ceesay (World Bank)
  • 2 Time Session Resource person 14:30 – 15:00 pm BREAK 15:00 – 16:00 pm Session 1.4: Plenary lecture – Implementing MTBFs in Ghana: Issues and challenges. Followed by plenary discussion. Peter Naidoo 16:00 – 17:30 pm Session 1.5: Group Exercise – MTBF Reforms and Practices – Country Experiences. Groups reflect on MTBF reforms in their countries:  Have MTBFs improved fiscal discipline, expenditure allocation, and/or sector-level planning?  If not, why not? Followed by plenary discussion. Imran Aziz Group 1: Ghana, Nigeria, Sierra Leone Group 2: Cabo Verde, Liberia, The Gambia Day 2: Tuesday, June 3, 2014 THEME 2: CONSTRUCTION OF A MEDIUM-TERM FISCAL FRAMEWORK AND AGGREGATE EXPENDITURE CEILING – THE TOP DOWN PROCESS 8:30 – 10:00 am Session 2.1: Plenary Lecture – Medium-term Fiscal Framework: Concepts and Practices.  Features of a medium-term fiscal framework: macro-forecast and fiscal policy framework  Fiscal objectives, fiscal rules and transparency  Examples Followed by plenary discussion. Imran Aziz 10:00 – 10:30 am BREAK 10:30 – 12.00 pm Session 2.2: Lecture – Construction of aggregate expenditure ceilings.  Medium Term Expenditure Ceilings: Concepts and purpose.  Methodology and design: time-horizon; fixed vs. indicative; real, nominal, % GDP, comprehensiveness, etc. Jean-Marc Lepain
  • 3 Time Session Resource person  Issues in construction 12:00 – 13:00 pm LUNCH THEME 3: SECTORAL AND MINSTERIAL ALLOCATIONS – THE BOTTOM-UP PROCESS 13:00 – 14:45 am Session 3.1: Plenary Lecture – Constructing a sector/ministerial-level budget projection  Sector/ministry level MTEFs: requirements and links to overall MTBF.  Baseline vs. new policy costings  Experience and challenges of sector-level MTEFs Followed by case study of Liberia and plenary discussion. Kubai Khasiani Representative of Liberia 14:45 – 15:15 am BREAK 15:15 – 17:00 pm Session 3.2: Plenary Lecture – Reconciling sector-based planning with budgeting.  Strategic budgeting vs. financial programming  Incorporating aid in a sector ceiling  Public investment planning  Medium-term program and performance budgeting Followed by case study of Gambia and plenary discussion. Kubai Khasiani Representative of Gambia Day 3: Wednesday, June 4, 2014 PRACTICAL SIMULATION EXERCISE 8:30 – 10:30 am Part 1 of the simulation exercise – constructing an aggregate expenditure ceiling Explanation of excel-based simulation exercise that will require groups to decide on a primary balance target and aggregate expenditure ceiling for an example country. Imran Aziz (Consultant) 10:30 – 10:45 am BREAK
  • 4 Time Session Resource person 10:45 – 13:00 Part 1 of the simulation exercise continued Imran Aziz (Consultant) 13:00 – 14:00 LUNCH 14.00 – 15.45 Part 2 of simulation exercise – allocating a ceiling to sectors / ministries / economic categories Interactive lecture based on an example followed by Part 2 of the simulation exercise which will require groups to make decisions on how to allocate the expenditure ceiling from Part 1 between a number of Ministries. 15.45 – 16.00 BREAK 16.00 – 17.00 Part 3 of simulation exercise – Constructing a ministerial budget Groups will undertake Part 3 of the exercise, which will involve constructing a budget for the education Ministry and preparing a policy paper for the Minister to present to the President at Cabinet on Friday. (Groups can work on completing this exercise during Wednesday and Thursday evenings with support from the resource team) Day 4: Thursday, June 5, 2014 THEME 4: BUDGET PROCESSES AND PRESENTATION – THE RECONCILIATION PROCESS 8:30 – 10:30 am Session 4.1: Plenary lecture – Budgetary Institutions and Processes.  Institutional roles and responsibilities  Sequencing of decisions in an MTBF process  Integrating the MTBF and Annual Budget Process Followed by plenary discussion Kubai Khasiani 10:30 – 11:00 am BREAK
  • 5 Time Session Resource person 11:00 – 13:00 pm Session 4.2: Group exercise – Budgetary Institutions and Processes.  Groups discuss strengths and weakness of budget processes in their countries  Report back on experiences in plenary Kubai Khasiani 13:00 – 14:00 pm LUNCH 14:00 – 15:30 pm Session 4.3: Plenary Lecture – MTBF Budget documentation and Budget framework paper.  Importance of transparency in an MTBF  Use of budget framework papers, budget policy statements and other MTBF documentation Jean-Marc Lepain (AFW2) 15:30 – 16:00 pm BREAK 16:00 – 17:30 pm Session 4.4: Group Exercise – Budget framework papers from three countries. Groups will review and discuss example budget framework papers. Followed by plenary discussion Jean-Marc Lepain (AFW2) Group 1: Ghana, Nigeria, Sierra Leone Group 2: Cabo Verde, Liberia, The Gambia Day 5: Friday, June 6, 2014 THEME 5: CONCLUSION AND LESSONS LEARNT 8:30 – 10:00am Session 5.1: Plenary Presentations – Simulation exercise Groups to present the results of their simulation exercises to Cabinet in a role-play situation. Group Representatives Sami Yläoutinen (FAD) Imran Aziz (Consultant) 10:00 – 11:00am Session 5.2: Plenary Presentations – Lessons learnt Group discussion followed by presentations on lessons from the workshop to take back to home countries. Jean-Marc Lepain (AFW2)
  • 6 Time Session Resource person 11:00 – 11:15 am BREAK 11:15 – 12:00 pm Session 5.3: Plenary Discussion – Evaluation of the course Attendees to complete evaluation forms followed by discussion on how to strengthen the course Sami Yläoutinen (FAD) Jean-Marc Lepain (AFW2) 12:00 – 1:00 pm Session 5.4: Closing remarks and certificates Sami Yläoutinen (FAD) Jean-Marc Lepain (AFW2)