PFM development strategy

The Public Finance Management Development Strategy comprises the synthesis of planned and ongoing reforms, as well as policy actions and strategies on several critical components of Public Finance Management. 

The Strategy outlines the current state of Public Finance Management and summarises both short-term and long-term high-level objectives, for the implementation of EU and international standards and practices.

Placing the Public Finance Management in a consolidated strategy is a very complex and dynamic process, as Public Finance Management covers a comprehensive and diverse range of thematic areas, that interact in various ways and at different levels. 

The Strategy acts as a general guide to the reform of Public Finance Management and rather integrates, than duplicates, the existing strategic framework specific to the components of Public Finance Management.