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Public Financial Management (PFMx)

PFMx This online course, presented by the IMF Fiscal Affairs Department, provides an overview of PFM systems, institutions, and capacity building in developing and emerging market economies. It focuses on PFM issues in support of macroeconomic stability, inclusive growth, and achievement of the Sustainable Development Goals (SDGs). The training covers a wide range of topics, and treats PFM as an integrated system rather than a collection of specialties. As such, it focuses on PFM priorities, reform objectives and implementation risks. The course is built on conceptual and practical approaches, and includes testimonies from ministers of finance, practitioners, and other stakeholders from many countries.
Read More Topic : Fiscal Policy

    Target Audience

    All government officials and staff from development agencies. The course is particularly relevant for mid-level to senior officials in ministries of finance, treasuries, debt management offices, ministries of economy, or financial planning divisions in line ministries. It is also targeted at officials involved in capacity strengthening functions related to public financial management (PFM).
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    The training is designed for participants who already have a basic understanding of PFM systems and builds on that knowledge at an intermediate level. Basic understanding of PFM systems would be helpful. Access to a computer with a reliable Internet connection with Google Chrome web browser is essential.
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    Course Objectives

    Upon completion of this course, participants should be able to:

    • Understand why PFM is an important tool to implement public policies.
    • Describe and analyze the budget cycle, and its main components.
    • Understand a simple medium-term budget framework, a cash management plan, and a public investment management reform strategy.
    • Recognize tools for effective management of fiscal risks, components of fiscal transparency, reliable fiscal reports, and internal and external audits.
    • Identify issues relevant to the prioritization and sequencing of PFM reforms, and the challenges faced in implementing such reforms
    • Recognize how civil society, public participation, and supreme audit institutions keep governments accountable. Appreciate the role of local conditions and political institutions in designing and implementing reforms.
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    Upcoming Offering

    Start date End date Location Session No. Primary & (Interpretation) language Apply
    May 1, 2020 April 30, 2021 Course conducted online OL 20.113 English Apply online by April 1, 2021
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    PFMx Promotional Video

    Presented by the IMF Fiscal Affairs Department, this course provides an overview of PFM systems, institutions, and capacity building in developing and emerging market economies. 
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    Apply Now - Application deadline approaching:

    IMF offers online training to government officials and public. Click Learn more to find our current offerings.

    Virtual - Financial Sector Surveillance (FSS)

    English, November 2-6, 2020, Vienna, Austria

    Apply online by September 20, 2020

    Virtual - Financial Development and Financial Inclusion (FDFI)

    English, November 16-27, 2020, Singapore, Singapore

    Apply online by September 21, 2020

    Virtual - Economic Issues in Regional Integration (ERI)

    English (French), October 12-23, 2020, Ebene, Mauritius

    Apply online by September 23, 2020

    Virtual - Fiscal Frameworks (FF)

    English (French), October 26, 2020 - November 6, 2020, Ebene, Mauritius

    Apply online by September 23, 2020

    Virtual - Financial Sector Policies (FSP)

    English (French), November 9-20, 2020, Ebene, Mauritius

    Apply online by September 25, 2020