KIPPRA - Treasury Macro Model (KTMM)
This supports the demand side, supply side, and the county modules of policy simulation and medium-term forecast for macroeconomic variables such as GDP growth, inflation, current account balance, interest rate, exchange rate, exports, imports, private investments, and private consumption. The forecasted indicators are key for planning and budgeting processes. The model is also used for simulation purposes on “what if” policy questions to get the impact of certain shocks in the economy, e.g., the impact of droughts, oil prices, and political uncertainty in the economy.