Projecting Public Gross Financing Needs: The Public Debt Dynamics Tool with Gross Financing Needs

The course explains how gross financing needs can be projected with the easy-to-use Excel-based Public Debt Dynamics Tool with Gross Financing Needs (DDT_GFN). The DDT_GFN provides public debt and gross financing needs projections under a baseline and alternative scenarios, including through fan charts that represent the uncertainty about the evolution of these variables.

• Upon completion of this course, participants should be able to:· Project the evolution of the GFN-to-GDP ratio, using projections of the relevant macrofiscal variables.· Compute fiscal paths consistent with a user-defined GFN target.· Produce GFN ratio projections under alternative scenarios, including fan charts