Public Finance Management

The Public Finance Management training programme aims to provide participants with an understanding of Public Finance Management (PFM) in all its aspects. The course focuses on Public Finance Management in-depth and builds up knowledge on all aspects of PFM step by step, highlighting the inter-linkages between the different elements. This will enable the participants to become fully acquainted with the various aspects of PFM and to gain insight into how to apply the acquired knowledge in PFM to the reform agendas in their own countries.

The training programme emphasises the three main objectives of PFM: 1) promoting macroeconomic stability by achieving aggregate fiscal discipline; 2) enabling that policy priorities are implemented in an effective way (allocative efficiency); and 3) contributing to an efficient implementation of government services (operational efficiency). The international ‘good practice’ combined with the practices in the Netherlands and in target countries are the starting point throughout the training course. Besides technical ‘good practice’, the soft side of PFM such as institutional and cultural aspects, is taken into account.

The training programme will have a practical and interactive character. This is in line with the objective to share knowledge and strengthen the co-operation between the public servants and magistrates of the participating countries.

Training programme structure:

The programme will stimulate much participant interaction and is built around three balanced, mutually supportive and integrated components, namely:

  • Theory
  • Practical Skills
  • Study visits/Social programme

This training is intended for:
Senior civil servants of the Ministry of Finance, the Court of Audit, financial/budget department of a line ministry, etc.

The maximum number of participants is 25. The total will represent a balance in the number of participants from the individual countries.

On completion of the training, participants will:

  • Have insight in the best practices for Public Finance Management;
  • Know how the Dutch PFM system works in practice;
  • Be able to use the acquired knowledge and best practices as a source of inspiration for dealing with challenges related to improving PFM in their own countries;
  • Be trained in the practical application of specific subjects and in a number of needed practical skills;
  • Have had the opportunity to share knowledge and experiences;
  • Have had the opportunity to create new professional cross-border networking relations.

Eligible countries:

Albania, Bosnia-Herzegovina, Kosovo, Macedonia, Montenegro, Serbia and Turkey.

Training period:
12 – 22 April 2015

Application deadline:
15 February 2015

Please read the admission requirements carefully. Applicants who satisfy all of the requirements may proceed to complete the application form.


Programme Costs:
The Netherlands Government will provide full fellowships to selected participants. Each fellowship will cover the cost of international travel (economy), board and lodging, visa and insurance, tuition fees, lecture materials and excursions.

The Hague, the Netherlands

Training venue:
T.M.C. Asser Instituut
R.J. Schimmelpennincklaan 20-22, 2517 JN The Hague

Hotel accommodation:
Hotel Court Garden, The Hague

Download more information

2015 Brochure Public Finance Management.pdf