User Guide: A ���Basic��� Multiannual Macroeconomic Programming Exercise

For many purposes it is useful to determine whether or to show that a nation’s per-capita real consumption balance of payments and fiscal accounts are on financially-sustainable medium-term trajectories. This User Guide describes the Excel workbook DoMQ.xlsm a “basic” multiannual macroeconomic programming exercise for the Dominican Republic. Part A introduces the exercise and describes its purpose. Part B briefly summarizes what the user needs to know to “get started.” Part C describes the workbook’s overall structure and its various worksheets. Part D describes an illustrative sensitivity analysis. The essential point is that useful credible multiannual macroeconomic projections can be formulated using straightforward techniques. Similar projection exercises could be developed for other economies.