Master Class

Master Class

Economic Management and Budget Analysis

The course aims at providing Planners, Statisticians and Economists in the Public and Private sector with Knowledge and Skills on development process respectively as well as improving their capacity in planning and implementation of development policies and strategies. Put it differently, the training aims at making an intervention by offering training in a wide knowledge and experience of local scholars who have been extensively involved policy making process in Tanzania.

While the course is primarily targeted at building the capacity of Economists , Statisticians and Planning officers in both central and local government in Tanzania; many other working professionals in the public and private sector as well as CSOs/NGOs will find the course relevant.

The course will cover the following items.
(i) Introduction to economic management
This session will introduce the participants to the meaning of development management. In doing this, the session shall dwell on elucidating some key goals for economic management including economic growth and economic development.The session shall also expound on different players participating in the economy as well the role of state in development management.The session shall also elucidate in a nutshell the centrality of national budget in economic management.


(ii) Instruments of economic management: Monetary and Fiscal policies
Monetary and fiscal policies are some of the key tools that governments use in steering the economy in the right direction. This session aims at making the participants understand the instruments and their applicability in economic management process.Training on these important instruments will include both theory and practice. As such, in addition to main trainers who will mostly cover theory, the session shall also be facilitated by guest speakers from Bank of Tanzania and Ministry of Finance and Planning who will cover monetary and fiscal policies from a practical perspective.


(iii) An overview of economic transformation
Over the past two decades, the term “economic transformation” has become not only a buzzword but also a real development objective in many developing countries.As articulated in Tanzania Development Vision 2025 and Second Five Years Development Plan 2016/17 – 2020/21 ”Nurturing Industrialization for Economic Transformation and Human Development” economic transformation forms the heart of country’s development goal. However, this concept is not well understood among many economists/ planners.This session will aim at educating the participants on the meaning and relevancy of economic transformation for today’s Tanzania. The session shall also dwell on discussing the structure of the Tanzanian economy and the nature of the ongoing transformation in Tanzania.


(iv) Tanzania policy development process in a historical perspective
Tanzania has a rich history of policy making since independence;unfortunately, most citizens including economists and planners are imperfectly acquainted with this history of policy making in the country.This session will therefore focus on illuminating planning process in Tanzania from a historical perspective and drawing lessons that experience for current policy concerns. The session will be facilitated by economists who have long and rich history of involvement in planning processes in Tanzania since independence.


(v) Budget Analysis
National budget is certainly one of the key instruments used by governments in economic management.This session will introduce the participants to the budget process, the budget cycle and roles of different entities in the budget cycle.The session will also dwell on components of the budgets and key techniques to be used by economists/planners in analysis and interpreting national budget. In addition to the main trainers, this session shall include guest speakers from Ministry of Finance and Planning who will provide the participants with an understanding of budget analysis from a practical perspective.


(vi) Current development challenges and their relevance to planning
Today’s world is characterized by important development challenges which need to be understood and taken into account in the planning process. This topic will address such challenges including the concept of green economy and integration of climate change issues in planning processes. The course shall address in sufficient detail implications of population issues (demographics, urbanization, etc) on planning and budgeting.


(vii) Global and regional process with implication to planning in Tanzania
Tanzania as a member of global development community has ratified a number of commitments with implications to planning and budgeting. In this session, the participants shall be refreshed on a few of such commitments especially Agenda 2030 for Sustainable Development (SDGs),Africa Agenda 2063, EAC 2050, Maputo Declaration (agriculture) and Abuja Declaration (health) etc.

“We’re Intellectuals and Analytical Professional.”

Please register below

Note:

We will facilitate course materials, two tea breaks, buffet lunch, refreshments and a certificate of participation.

Fee;- 200,000/= Tsh.

Place;- TICGL Office, Africana, Dar Es Salaam

Tel:- +255 734 862 343

Fee do not cover accommodation or travel costs.

Duration:

Two (2) Days, Thursday 17th to 18th, November, 2022

Registration deadline:

14th November 2022

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