ITP/Public Financial Management Focus

Public Financial Management (PFM)

    The PFM focus culminating in a Master of International Development Policy degree, is designed to enable international development decision makers and managers to improve public sector budgeting and financial management and enhance the efficient, accountable and equitable delivery of public services.  PFM reforms are being implemented to create an enabling environment for economic growth, socio-economic development and poverty reduction.  These reforms are designed to effectively integrate revenue and expenditure, achieve effective expenditure control and prioritization, through the development of medium-term and performance-oriented budgets.  Improved PFM enhances transparency and accountability in public resource management, reducing fiduciary risks which affect the ability to mobilize domestic revenue, borrowing, foreign investment and aid. 

    The PFM focus will develop those leadership management and technical skills needed to design and implement successful PFM reforms throughout the world.  The faculty brings together a unique combination of academic and professional practice from being involved in numerous international public sector management reforms linked to planning, budgeting, fiscal policy, expenditure analysis, tax policy and administration, fiscal decentralization and local government finance.  

    The ITP invites officials and other professionals involved in PFM reforms at the international, national and subnational levels, to pursue a high quality, graduate level education in the field of public financial management.

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Faculty

Core faculty includes Graham Glenday, GP Shukla, Roy Kelly, Fernando Fernholz, Richard Hemming, Rubi Sugana, and Joseph Tham.

These faculty members have extensive experience as short-term advisors, long-term resident advisors and government officials in numerous public financial management reforms linked to planning, budgeting, fiscal policy, expenditure analysis, tax policy and administration, fiscal decentralization, and local government finance in more than 30 countries. Participants will benefit from this unique blend of academic rigor applied to the analysis of current PFM issues.