English

Public Financial Management Legal Frameworks (LFPFM)

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Deadline for the application has passed.
Course No.: CE 19.02
Location: Kuwait City, Kuwait
Date: January 27, 2019-January 31, 2019 (1 Week)
Language: English (Arabic)

Target Audience:

Lawyers from ministries of finance, line ministries, central banks, state audit bodies, state-owned enterprises, sovereign wealth funds, and attorneys-general offices who deal with public financial management issues. The course is designed for heads oflegal departments and senior counsels; participants should have a good understanding of the main legal issues pertaining to public financial management.

Qualifications:

Participants should have five years of relevant work experience, good knowledge of public financial management, and preferably an advanced law degree. Attendance is by invitation only. Prerequisites are specified in the nomination request letters.

Course Description:

This course, presented by the IMF Legal Department, covers institutional and legal issues related to sound and effective public financial management. Among the topics covered are the legal foundations and governance-related aspects of budget formulation, preparation, and execution; fiscal rule and institutions; public debt management; and fiscal oversight of state-owned enterprises, public investment management, and sovereign wealth funds.

Course Objectives:

Upon completion of this course, participants should be able to:

  • Identify best practices for addressing public financial management issues.
  • Identify legal design approaches that have proven effective, based on cross-jurisdictional experiences shared by presenters and fellow participants.
  • Analyze and assess domestic public financial management legislation against international good practices.
  • Develop and formulate recommendations on how to modify public financial management legislation through law reform to align it to international good practices.
  • Explain to stakeholders proposed amendments to public financial management legislation and defend those proposals in discussions and consultation procedures with stakeholders.

Important Note for Online Courses:

For Online Learning (OL) courses, which are delivered through the edX platform, you will need an additional piece of information to register: you will be prompted for your edX.org username. If you do not already have a username, please go to https://courses.edx.org/register and sign up for a free account. Once you have created an account, you may complete the IMF Institute application. If you already have an edX account, your username can be found on the top right of the screen after logging in.

Important Note for Internal Economics Training Courses:

Internal Economics Training (IT) courses are self-financed. The IMF will not charge officials for attending courses. However, all travel, insurance, hotel, and living costs will need to be covered by the agency sponsoring the participants.