Public Financial Management (PFMx) — Training Program Course

Source details

Start date	End date	Location	Delivery Method	Session No.	Primary & (Interpretation) language	Apply
May 1, 2026	April 15, 2027	Course conducted online	Online Training	OL 26.190	English	Apply online by April 1, 2027

The course provides an overview of PFM systems and institutions, mostly 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), and post-crisis recovery.
Treats PFM as an integrated system rather than a collection of specialties, focusing on PFM priorities, reform objectives and implementation risks.
Built on conceptual and practical approaches and includes testimonials from ministers of finance, practitioners, and other stakeholders from many countries.
Topic: Fiscal Issues

Anyone with an interest in public finances, budget transparency and government accountability, including government officials, staff from development agencies and civil society organizations.
Relevant for mid-level to senior officials in ministries of finance, treasuries, debt management offices, and financial divisions in line ministries.
Designed for those who already have a basic understanding of PFM systems and builds on that knowledge at an intermediate level.

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

Explain why PFM is an important tool to implement public policies and describe the budget cycle.
Describe a simple medium-term budget framework, a cash management plan, and a public investment management reform strategy.
Identify tools for the effective management of fiscal risks and the components of fiscal reporting and transparency.
Identify challenges in prioritizing PFM reforms and assess the role of local conditions and political institutions on their implementation.
Explain how civil society, public participation, and supreme audit institutions keep governments accountable.