Public Financial Management Reform and Fiscal Governance

Course objectives

• Explain the public financial management cycle and its legal and institutional foundations
• Apply medium term expenditure framework principles to national and sectoral planning
• Assess fiscal performance using PEFA and comparable diagnostic frameworks
• Analyse public debt sustainability and borrowing governance
• Evaluate the roles of supreme audit institutions and parliament in fiscal oversight

Who should attend

• Ministry of finance and treasury officials
• Budget directors and planning officers in government ministries
• Public debt management office staff
• Auditor general office and parliamentary budget office staff
• Development partner staff working on public financial management reform

Course outline

1. 01Legal and institutional foundations of public financial management
2. 02Macro fiscal planning and medium term expenditure frameworks
3. 03Treasury single account and cash management architecture
4. 04Public debt sustainability analysis and borrowing governance
5. 05PEFA and public financial management performance assessment
6. 06External oversight: supreme audit institutions and parliamentary budget scrutiny
7. 07Public financial management reform sequencing and change management
8. 08Fiscal transparency, open budget practices, and citizen engagement
9. 09Managing donor and development partner financing within the budget
10. 10Building a public financial management reform action plan

Scheduled sessions