Contributing to the Global Economy
Public Financial Management: Collaborating in the Public Interest
Darlene Nzorubara, Laura Leka | February 16, 2022
Supporting public financial management (PFM) is a priority area for IFAC. It features as one of the two key actions in IFAC’s G20 Call to Action, and other advocacy efforts, including a ‘Point of View,’ on Greater Transparency and Accountability in the Public Sector. PFM was also the focus of a session during the annual IFAC Council meeting, which convened the executive leaders from IFAC’s 180 member and associate organizations across 135 countries and jurisdictions.
Helping to strengthen PFM globally is a significant opportunity for professional accountancy organizations (PAOs) to advance our profession’s public interest mandate, but it requires collaboration. This was a message that resonated throughout the council session, which brought together the perspectives from different key stakeholders. Participants heard a case study from Rwanda, and views from development partners the World Bank, Gavi, and The Global Fund.
These articles summarize the key messages from the session.
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