Public Finance Management

Public Financial management focuses on basic concepts, and practices of public financial management underpinned by laws, regulations, instructions and institutional framework in Botswana. This course brings about exposure to basic principles and processes of national development planning and sector planning, and translation of plans into reliable and predictable budgets. Public Financial Management presents the basic principles, and functions of Public Investment Management (PIM); importance and prerequisites of an efficient Public Investment Management that will contribute to enhanced economic growth and access to public services (infrastructure) on a sustainable basis.

Learning Outcomes

• Participants will understand Public Investment and its relationship with public financial management (PFM).
• Participants will appreciate the concepts, practices and emerging issues for PIM cycle.
• Participants will understand the legal framework and practices for PIM in Botswana.
• Participants will appreciate the current weaknesses in PIM and corrective measures needed to enhance the functionality and efficiency of PIM in Botswana

Target Group

• Ministers and Assistant Ministers
• Permanent Secretaries
• All technical staff in the various schemes of service

Mode of Delivery

Self-Paced Learning

Course Structure

• Definition of PFM
• Importance of PFM in Development
• PFM Concepts and Practices in Botswana
• PFM legal, regulations and institutional framework in Botswana