In its courses on Financial Analysis and Policy, the IMF Institute for many years has utilized a set of integrated workshops designed to enable the participants to apply the analytical tools discussed in these courses to an actual situation in a member country of the International Monetary Fund. These workshops, which have been elaborated upon and refined over the years in the light of teaching experience, assist the participants in preparing a financial program for a given country. Such a program consists of a set of policies in the monetary, fiscal, and balance of payments fields to achieve a balance between financial resources and their use. Therefore, these workshops deal with the organization of statistical data in a relevant framework, the economic analysis of the data, and the formulation of policies to achieve desired objectives.
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