Advanced Public Financial Management, Fiscal Policy and Resource Mobilization Course

Course Introduction

Public Financial Management (PFM) forms the backbone of effective governance, ensuring that public resources are mobilized, allocated, and utilized in a transparent, efficient, and accountable manner. In an era of increasing fiscal constraints, governments must strengthen their financial systems to maximize development outcomes. This course provides a deep and practical understanding of advanced PFM systems, fiscal policy design, and sustainable resource mobilization strategies.

Fiscal policy plays a central role in shaping macroeconomic stability, economic growth, and equitable development. Governments must continuously balance revenue generation, public expenditure, debt management, and investment priorities to achieve national development goals. Participants will explore how fiscal policy tools are designed and implemented to address economic challenges while promoting inclusive and sustainable growth.

Resource mobilization has become increasingly complex due to declining aid flows, rising debt burdens, and expanding development needs. Governments and institutions must diversify revenue sources, improve tax administration, and explore innovative financing mechanisms. This course equips participants with strategies for expanding fiscal space through both domestic and external resource mobilization approaches.

Modern public financial systems require strong institutional frameworks that ensure budget credibility, fiscal discipline, and performance-based resource allocation. Weak financial governance often leads to inefficiencies, corruption risks, and poor service delivery outcomes. Participants will gain insights into strengthening institutions, improving budget execution, and enhancing fiscal transparency.

Debt sustainability and macro-fiscal stability are critical concerns for both developing and emerging economies. Governments must manage borrowing strategically while ensuring long-term fiscal health. This course examines debt management frameworks, fiscal risk assessment, and strategies for maintaining sustainable public finances in volatile economic environments.

By the end of the course, participants will be able to design and implement advanced PFM systems, formulate effective fiscal policies, and develop innovative resource mobilization strategies that enhance national development and economic resilience.

Duration

10 days

Who Should Attend

• Ministry of finance officials and senior budget officers
• Public financial management and treasury professionals
• Economic planners and macroeconomic policy analysts
• Tax administration and revenue authority officers
• Debt management office professionals and fiscal analysts
• Central bank and monetary policy specialists
• Development finance and donor agency professionals
• Public sector accountants and auditors
• Local government finance and budget officers
• Policy advisors and government economic consultants
• NGO and public sector financial managers
• Academic researchers in economics, finance, and public policy

Course Objectives

• Develop a comprehensive understanding of advanced public financial management systems and their role in promoting effective governance and accountability.
• Strengthen participants’ ability to design and implement fiscal policies that support macroeconomic stability and sustainable development objectives.
• Build expertise in budget formulation, execution, monitoring, and evaluation within complex public sector environments.
• Enhance skills in domestic resource mobilization strategies including taxation, revenue administration, and compliance improvement mechanisms.
• Equip participants with knowledge of innovative financing approaches for expanding fiscal space in constrained economic environments.
• Strengthen capacity to manage public debt sustainably while minimizing fiscal risks and ensuring long-term economic stability.
• Improve understanding of macro-fiscal frameworks and their application in national development planning and policy formulation.
• Develop competencies in financial governance, transparency, and accountability systems within public sector institutions.
• Enhance ability to conduct fiscal risk analysis and develop mitigation strategies for economic shocks and uncertainties.
• Build skills in performance-based budgeting and results-oriented public expenditure management systems.
• Strengthen institutional capacity for improving financial reporting, auditing, and compliance systems in government operations.
• Develop strategic thinking skills for designing integrated fiscal policies that align with national development priorities.

Comprehensive Course Outline

Module 1: Foundations of Public Financial Management

• Understanding public financial management systems and governance principles
• Exploring the role of PFM in national development and economic stability
• Examining institutional frameworks for fiscal policy implementation
• Assessing global best practices in public financial management systems

Module 2: Fiscal Policy Frameworks and Macroeconomic Management

• Designing fiscal policy instruments for economic growth and stability
• Understanding macroeconomic indicators and fiscal policy interactions
• Evaluating fiscal policy effectiveness in different economic environments
• Integrating fiscal policy into national development planning processes

Module 3: Budget Formulation and Planning Systems

• Developing medium-term and annual budget planning frameworks
• Aligning budgets with national development goals and priorities
• Strengthening participatory budgeting and stakeholder engagement systems
• Improving budget credibility and policy coherence in public finance

Module 4: Budget Execution and Control Mechanisms

• Managing budget implementation processes in public sector institutions
• Strengthening expenditure controls and financial discipline systems
• Monitoring budget performance and ensuring compliance with regulations
• Enhancing efficiency in public expenditure management systems

Module 5: Domestic Resource Mobilization Strategies

• Expanding tax bases through effective policy and administrative reforms
• Strengthening tax compliance and enforcement mechanisms
• Improving revenue collection systems and institutional capacity
• Designing sustainable domestic resource mobilization strategies

Module 6: Tax Policy and Revenue Administration

• Developing effective tax policy frameworks for economic development
• Strengthening tax administration systems and digital transformation
• Enhancing taxpayer compliance and reducing revenue leakages
• Evaluating tax incentives and their fiscal implications

Module 7: Public Debt Management and Sustainability

• Managing public debt portfolios and borrowing strategies effectively
• Assessing debt sustainability and fiscal risk exposure
• Designing debt management frameworks for long-term stability
• Strengthening institutional capacity for debt oversight and control

Module 8: Fiscal Decentralization and Local Government Finance

• Understanding fiscal decentralization frameworks and principles
• Strengthening local government revenue and expenditure systems
• Enhancing intergovernmental fiscal transfer mechanisms
• Improving accountability in subnational financial management

Module 9: Public Sector Accounting and Financial Reporting

• Implementing accrual and cash-based accounting systems in government
• Strengthening financial reporting standards and transparency systems
• Enhancing public sector auditing and compliance frameworks
• Improving financial data management and reporting accuracy

Module 10: Performance-Based Budgeting Systems

• Designing results-based budgeting frameworks for public institutions
• Linking budget allocations to performance indicators and outcomes
• Strengthening monitoring and evaluation in budget systems
• Improving accountability in resource allocation processes

Module 11: Fiscal Transparency and Accountability Systems

• Enhancing transparency in public financial management systems
• Strengthening anti-corruption measures in fiscal operations
• Improving public access to financial information and reporting
• Building trust through accountable financial governance systems

Module 12: Fiscal Risk Management and Contingency Planning

• Identifying and assessing fiscal risks in public finance systems
• Developing contingency planning frameworks for economic shocks
• Strengthening risk mitigation strategies in government budgeting
• Enhancing resilience in public financial systems

Module 13: Public Investment and Capital Budgeting

• Planning and managing public investment projects effectively
• Evaluating capital budgeting processes and investment priorities
• Strengthening project appraisal and selection mechanisms
• Improving efficiency in infrastructure and capital spending

Module 14: International Aid and External Resource Mobilization

• Managing development aid and external financing mechanisms
• Strengthening donor coordination and aid effectiveness systems
• Exploring blended finance and international funding opportunities
• Aligning external resources with national development priorities

Module 15: Digital Transformation in Public Finance

• Implementing digital financial management systems in government
• Leveraging technology for revenue collection and expenditure control
• Enhancing data analytics in public financial decision-making
• Strengthening cybersecurity in digital financial systems

Module 16: Capstone Fiscal Policy and PFM Strategy Project

• Designing integrated public financial management reform strategies
• Developing fiscal policy frameworks for national development goals
• Applying resource mobilization tools to real-world fiscal challenges
• Presenting actionable public finance reform proposals

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: training@upskilldevelopment.com Tel: +254 721 331 808

Training Venue 

The training will be held at our Upskill Training Centre. We also offer training for a group (at a discount of 10% to 50%) at requested location all over the world. The Onsite course fee covers the course tuition, training materials, two break refreshments, buffet lunch, airport transfers, Upskill gift package, and guided tour.

Visa application, travel expenses, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Upskill certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: training@upskilldevelopment.com, +254 721 331 808

Terms of Payment:

Unless otherwise agreed between the two parties’ payment of the course fee should be done 3 working days before commencement of the training so as to enable us to prepare better.