## Strengthening PFM Framework for Indian States

## Source details

**Canonical URL:** [Strengthening PFM Framework for Indian States](https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2025/pfm-sgsa25-16)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/sa/2025/pfm-sgsa25-16/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/sa/2025/pfm-sgsa25-16/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/sa/2025/pfm-sgsa25-16/bundle-manifest.json)

## Bibliographic details
- Session: SA 25.16
- Location: New Delhi, India
- Dates: April 28, 2025 - May 1, 2025 (1 week)
- Delivery method: In-person Training
- Primary language: English

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### Invitation and Logistics
- Session No.: SA 25.16
- Location: New Delhi, India
- Date: April 28, 2025 - May 1, 2025 (1 week)
- Delivery Method: In-person Training
- Primary Language: English

### Target Audience and Qualifications
- Target Audience:
  - Mid-level officials from Finance Departments with relevant knowledge of financial planning and public investment.
- Qualifications:
  - Priority will be given to officials engaged in financial planning or PFM reform activities.

### Course Description
- The workshop is described as a four-day workshop designed to provide participants from India States with techniques and tools to identify areas for improvement in their public finance systems.
- Geared to finance department and budget staff responsible for medium-term and annual financial planning and fiscal risk management and staff responsible for considering capital spending proposals.
- Aims to help participants understand how:
  - strategic budgeting,
  - public investment management, and
  - fiscal risk management
  can help improve effective decision making and improve service delivery leading to more active and efficient use of financial resources.
- Teaching methods include lectures, exercises, and groupwork to ensure participants gain practical experience useful for their jobs.
- Hands-on sessions include:
  - preparing budget statements using tagging methodologies, and
  - undertaking self-assessments against the IMF Public Investment Management Assessment (PIMA) framework to reflect how their own processes compare against best practice.

### Course Objectives
- Raise awareness and understanding of the importance of strong public financial management (PFM) practices in participants' systems.
- Specific topics the workshop will look at:
  - the rationale for PFM reform.
  - adopting a more strategic budget process that is informed by analytical forecasting techniques.
  - how to improve accountability and transparency.
  - understand green PFM and climate considerations.
  - how procurement and commitment controls can improve cash forecasting and budget execution.
  - provide an understanding of fiscal risk management, including how to assess risk from Public Sector Undertakings.
  - and improving efficiency of public investment.

### Participant Activities and Deliverables
- Hands-on sessions with practical tools and self-assessments against the IMF PIMA framework.
- Each state government in attendance will be asked to make a brief presentation on existing key PFM reforms and the `way forward' for their state to improve PFM practices.

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## References

- [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)
- [Fiscal Sustainability (FS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fsce26-38)
- [Safeguards Assessments of Central Banks (SAC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/sacat26-30)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2025/pfm-sgsa25-16_