08.00-08.30

Registration

08.30-09.00

Introduction: MoF  update on works related to NCA and WAVES activities by Purnama T. Sianturi, Director of State Claims and Other State Assets

09.00 – 09.20

Introduction session: participants introduce themselves and their expectation on the training

09.20 – 09.40

Overview Indonesia-WAVES Program by Farhan Helmy – IWAVES Country Coordinator

09.40 - 09.50

Coffee/tea break

09.50 - 11.00

Background, Concepts & International Data

Session I: National Accounts and Macroeconomic indicators, Natural capital accounting, and SEEA (Presentation)

·        Introduction to national accounts & macroeconomic indicators (GDP, GNP, GNS)

·        Introduction to natural capital accounting

·        Outline of the System of Environmental-Economic Accounting (SEEA)

Session 1 outlines the principles behind the basic macroeconomic indicators (GDP etc.), explains some of those shortcomings of these measures, and introduces the extension of macroeconomic measures in the SEEA.

11.00-12.30

Background, Concepts & International Data

Session II: ANI, ANS, Comprehensive Wealth (Presentation)

·        Income accounts – Adjusted national income (ANI) and national savings (ANS)

·        Balance sheet – Adjusted wealth (comprehensive wealth)

Session II details the extended macroeconomic indicators introduced in the SEEA for adjusted national income and savings as well as comprehensive wealth calculations. It will cover the methodology for the calculations

12.30-13.30

Lunch Break

13.30-14.45

Background, Concepts & International Data

Session III: Data and Examples

·        World Bank data on ANI/ANS

·        Examples of country results

Session III introduces the dataset developed by the World Bank for the Changing Wealth of Nations Project, which contains estimates of ANS and Comprehensive Wealth for most countries. It will include examples of results.

14.45-15.00

Coffee/tea break

15.00-16.15

Background, Concepts & International Data

Session IV: Exercise

·        Utilising WB data for country/regional comparisons

In Session IV, participants will use the World Bank data for Comprehensive Wealth calcualtions for selected countries.

08.30-09.00

Registration

09.00-09.10

Introduction to Session

Short session for reflections on the previous day

09.10-10.30

Building (Adjusted) National Income Accounts in Indonesia

Session V: Adjusted national income (ANI) (Presentation)

·        From GNI to GDP

·        From GNI to NNI and adjusted NNI

·        Data sources and calculations

10.30-10.45

Coffee/tea break

10.45-12.15

Building (Adjusted) National Income Accounts in Indonesia

Session VI: Exercises (ANI)

·        calculating mineral depletion

·        ANI for Indonesia

12.15-13.00

Lunch Break

13.00-14.30

Building (Adjusted) National Income Accounts in Indonesia

Session VII: Adjusted National Saving (ANS)

·        Data sources and calculation

14.30-14.45

Coffee/tea break

14.45-16.15

Building (Adjusted) National Income Accounts in Indonesia

Session VIII: Exercises (ANS)

·        Calculating ANS for Indonesia

08.30-09.00

Registration

09.00-09.05

Introduction to Session

Short session for reflections on the previous day

09.05-10.30

Comprehensive Wealth calculations for Indonesia

Session IX: Calculating comprehensive wealth (Presentation)

Mineral accounts

·        principles of calculation

·        available data & trends

International Investment Position (IIP)

·        principles of calculation

·        available data & trends

Measuring produced capital (PC)

·        principles of calculation

·        inputs required/data sources

10.30-10.45

Coffee/tea break

10.45 – 12.15

Comprehensive Wealth calculations for Indonesia

Session X: Exercise (PC)

·        calculating mineral accounts

12.15-13.00

Lunch Break

13.00 – 14.30

Comprehensive Wealth calculations for Indonesia

Additional asset classes for CW calculations:

• Human capital
• Institutional capital
• Land
• Forests

·        Principles of calculation

·        Available data and trend

14.30-14.45

Coffee/tea break

14.45-16.15

Comprehensive Wealth calculations for Indonesia

Session XI: Exercise (CW)

·        comprehensive wealth calculation for Indonesia

08.00 – 08.30

Registration

08.30 – 09.00

Introduction to Session

Short session for reflections on the previous day

09.05-10.30

Policy Implications and the Way Forward

Session XII: Practical and Policy Implications (Presentation) (Data)

Policy & analytical implications of wealth and adjusted national income and savings

·        Monitoring asset composition / diversification

·        Monitoring net savings / preservation of capital

·        Policy-related indicators

·        Implication for fiscal policy

10.30-10.45

Coffee/tea break

10.30-11.30

Policy Implications and the Way Forward (cont.)

·        Indonesia’s NCA Objective

·        Data and capacity gaps

·        Country experience on institutional arrangement (Botswana example)

11.30-11.45

Closing by Ibu Purnama T. Sianturi

11.45-13.00

Lunch