The Public Financial Management Blog (PFM Blog) is managed by the two Public Financial Management Divisions of the IMF Fiscal Affairs Department. The Divisions' main task is to assist IMF member countries in enhancing performance of their public financial management systems in the following areas: budget preparation, budget execution and financial controls, accounting and treasury management, fiscal reporting, internal and external audit, debt management, and other aspects related to budgetary process. The IMF staff expertise extends from basic PFM issues to the more sophisticated PFM topics such as performance and output-oriented budgeting, accrual accounting, medium-term expenditure frameworks, assessment of fiscal risks, etc.
The PFM blog aims at sharing the IMF staff's vast experience with PFM practitioners in Ministries of Finance and other fiscal agencies, academia, students, non-governmental organizations, as well as with the general public. It will also feature current news, resources and ideas about public financial management systems, their operation and improvement, and their contribution to economic growth and achieving national objectives, including economic and financial stability.
The PFM blog aims not only to share IMF expertise and experience in public financial management and contribute to understanding and improved PFM outcomes, but also to highlight new Web sites, articles and books that public finance practitioners and other readers might find useful, and provide informed comments on news and developments in PFM field.