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Budgeting and Financial Management in the Public Sector

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July 23 - August 11, 2017

Priority application deadline: June 23, 2017

Budgeting and financial management are at the core of economic and public sector reform programs in most nations around the world. With the growing pressures for enhanced service delivery and the challenges of budgetary crises and fiscal shocks, the need for improved budget processes and innovative financial management techniques is especially critical in developing and emerging economies.

The three-week BUDGET program is designed to give you the skills you need to reform budget systems and contribute to strengthening public financial management around the world.

Topics

  • Budget and macro-economy
  • Financial programming
  • Public finance and economic growth
  • Budget and stabilization policy
  • Financing the budget and budget deficits
  • Revenue forecasting techniques
  • Management and organization of budget processes
  • Alternative budget frameworks including MTEF (medium-term expenditure framework)
  • Input-control and output-oriented performance or results-based budgeting techniques
  • Balanced scorecard approaches to budgeting and management
  • Budget as an instrument of managerial performance
  • Monitoring and evaluation of budget performance
  • Negotiation techniques and conflict resolution
  • Indicators of budget policy, institutions, and processes
  • Budget implementation, cash management, and budget monitoring techniques
  • Fiscal transparency standards and assessment
  • Fiscal decentralization and budgeting
  • Capital budgeting, cost-benefit, and cost effectiveness analyses
  • Budgeting and poverty reduction strategies
  • Debt management
  • Role, budgeting and management of foreign aid
  • Fiscal aspects of external and domestic debt management

Faculty

Instructors include Dr. Graham Glenday, Dr. GP Shukla, Dr. Richard Hemming (formerly of the International Monetary Fund), and Dr. Roy Kelly; other faculty members from Duke University; and senior practitioners dealing with issues of budgeting and instruments of financial management in the public sector.

Requirements

This training course is designed for middle- and senior-level managers with a substantial record related to public service. This includes:

  • Budget analysts
  • Administrators and officials in ministries of finance and planning
  • Managers of public enterprises
  • Professionals in aid agencies
  • Economists
  • Accountants
  • Auditors