Public Financial Management

The goal of the Public Financial Management Expert Group (PFM EG) is to exchange information on current PFM learning offerings and relevant resources available among learn4dev members. These offerings provide an overview of current thinking and practice regarding PFM and aim to enhance the capacity among donor ministries and agencies, multilateral organizations, and training or research institutions to participate effectively in development cooperation.

Specific areas for potential collaboration could include:

Context

According to Center for International Development at Harvard University Working Paper “This is PFM” (2014), PFM relates to the way governments manage public resources (both revenue and expenditure) and the immediate and medium-to-long-term impact of such resources on the economy or society. As such, PFM has to do with both process (how governments manage) and results (short, medium, and long term implications of financial flows).

Sound PFM systems have a crucial role in assuring inclusive and sustainable economic growth and poverty reduction and as a result in achieving Sustainable Development Goals (SDGs).

Objectives

The main objectives of the PFM EG are to:

  • Exchange resources, share good practices and uptake of lessons learned on PFM-related topics to support network members’ work in the area of development cooperation;
  • Keep the members of the network up to date on the latest developments in the area of PFM;
  • Seek for joint learning partnership opportunities for cross expert group work through enhanced donor co-operation;
  • Revitalize the membership of the PFM expert group.

Members

Membership to the PFM EG is open to all learn4dev member organisations and other institutions that have interest to share knowledge on the topic of PFM.

The PFM EG is currently looking for member organizations to co-chair the group and consider new joint initiatives under the learn4dev PFM Expert Group umbrella.

All interested members are kindly asked to contact Miguel Angel Exposito Verdejo, Expert Group Coordinator (send email: miguel-angel.exposito-verdejo@ec.europa.eu).

Benefits for members of being involved in learn4dev PFM EG:

  • Possibilities to collaborate and form learning partnership with other members of the network;
  • Access to the latest PFM related initiatives, papers and documents;
  • Access to PFM experts and professionals;
  • Opportunities to attend learning courses that other learn4dev members are delivering or participate in online courses on PFM topics.

Current Initiatives

Please visit Center of Excellence in Finance (CEF) website to learn about training opportunities otherwise targeted at finance officials in South East Europe. Space permitting, learn4dev members can—upon expression of request—join a wide range of face-to-face and online activities.

Past Joint Initiatives

Joint learning journeys – cross expert group work

After the successful joint learning journey between PFM and Gender expert groups “Discovering a shared capacity for gender mainstreaming in development cooperation in the lead-up to the post-2015 Agenda” in 2014 in Brussels, the groups have continued to exchange knowledge, expertise and tools related to gender responsive budgeting (GBR).

The effort resulted in learn4dev gender experts actively contributing to the GRB roundtable discussion organized in April 2016 in Ljubljana by CEF with the goal to provide greater prominence to GRB and gender diversity in ongoing economic reform processes and to support ongoing efforts to ensure the successful integration of a gender perspective into the new PFM Framework.

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Useful resources from the occasion:

 

JUST PUBLISHED: REVENUE MOBILIZATION AND MANAGEMENT IN SECTORS

Background and Case Studies on user fees and charges in selected sectors

bookThis publication is a product of the Center of Excellence in Finance (CEF) and has been produced with financial support and partnership with the German Development Cooperation (GIZ). Case studies on Albania, Moldova, Serbia and Germany promote a better understanding of challenges and best practices in managing fees and charges levied at sector level; and help strengthen the conceptual understanding of revenue mobilization and management in sectors, which are needed to better guide and enable line ministries in future.

Link to the publication.