Training Program Course
Public Financial Management (PFMx)
This online 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. 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 testimonials from ministers of finance, practitioners, and other stakeholders from many countries.
Target Audience
Anyone with an interest in public finances, budget transparency and government accountability, including government officials, staff from development agencies and civil society organizations. The course is relevant for mid-level to senior officials in ministries of finance, treasuries, debt management offices, and financial divisions in line ministries. The training is designed for those who already have a basic understanding of PFM systems and builds on that knowledge at an intermediate level.
Qualifications
Basic understanding of PFM systems would be helpful.
Course Objectives
Upon completion of this 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.
Upcoming Offering
| Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
|---|---|---|---|---|---|---|
| May 1, 2025 | April 15, 2026 | Course conducted online | Online Training | OL 25.195 | English | Apply online by April 1, 2026 |