2018 ICGFM Winter Training Conference

Washington, District of Columbia
Monday, December 03, 2018

ICGFM 2018 Winter Training Conference

December 3-5, 2018, International Monetary Fund, HQ2, Washington, D.C. – USA

  • ICGFM BOD & Membership Meeting - Dec. 3rd, 10:00 am to 12:30 pm
  • Winter Training Conference - Dec. 3rd, 1:00 - 5:30 pm
  • Welcome Reception - Dec. 3rd, 5:30 to 7:30 pm
  • Winter Training Conference - Dec. 4th, 9:00 am to 5:00 pm
  • Winter Training Conference - Dec. 5th, 9:00 am to 5:00 pm
ICGFM Announces Details of the ICGFM Winter Training Conference Program

Every country has embraced public financial reforms over the last decades. While many countries have succeeded, others have not met expectations. Yet, the demand for reform continues. This conference will focus on the political and organizational changes necessary for effective change with an emphasis on building required capacity.

ICGFM desires to take an evidence-based approach to examining “Public Financial Management in a Changing World” with the participation of country reform leaders, bi-lateral and multilateral organizations, leading consultancies and other experts. Conference speakers will present case studies of effective public financial management (PFM) reforms focused on political, organizational, procedural and technological changes that were required for success.

Governments and participating attendees will leave the conference with:

·         An understanding of what makes reform agendas successful and a framework for how to implement successful reform in their countries;

·         Approaches for strategic engagement with stakeholders and effective change management techniques;

·         Evidence-based insights between the quality of the inputs and the desired outcomes, with a deep appreciation of the necessary effort countries undertake to build PFM capacity to serve its citizens, and;

·         Application of technology to reinforce reform efforts and support evidence-based programming, good governance and required transparency.

Conference highlights include: 

1. Fiscal transparency and political, economic development
a. Fiscal transparency and the business enabling environment
b. Fiscal transparency and inclusive economic growth
c. Fiscal transparency and engagement: if you put the numbers out, will anyone care?
d. Fiscal transparency experiences among regime types
e. Fiscal transparency around State Owned Enterprises

2. Taxation as part of PFM
a. Sessions on tax instruments, how they work, where they are used, trends, and lessons
b. International trends in taxation: BEPS, AEOI, tax havens, illicit funds flows
c. How modern tax administrations work, the ideas behind “voluntary compliance”
d. Do Semi-Autonomous Revenue Authorities (SARAs) work better?
e. Customs as a taxing organization

3. Rules and fiscal management
a. Fiscal responsibility laws, experiences and results
b. Debt laws and debt limits, counting contingencies
c. Identifying, quantifying, and properly accounting for fiscal risks

4. Fiscal planning, budgeting, and programming
a. What are the differences among Medium Term Macroeconomic Framework, MTFF, MTBF, and MTEF?
b. Country experiences in implementing multiyear budget planning
c. Should the multiyear budget have the same effect of law as annual budget?
d. Does multiyear budgeting improve fiscal performance?
e. Linking program budgets to national and sector strategies
f. Linking national accounts with fiscal accounts
g. Current policy forecasting and introducing productivity enhancements
h. Revenue forecasting
i. Performance/Results-based budgeting

5. Public Private Partnerships
a. Planning and implementing programs
b. Approaches for risk allocation
c. Competitive/transparent procurement process
d. Developing governance and legal frameworks

6. Non-technical aspects to fiscal modernization/reform
a. Institutional inertia
b. Bureaucratic obstruction
c. Political Economy Analysis
d. Leadership commitment
e. Capacity building

7. Use of Information Technology to Support Reform Agenda
a. Case studies using IFMIS beyond compliance
b. Using decision analytics to support evidence–based programming
c. Use of technology advances; e.g., artificial intelligence and block chain
d. Social media to advance reform
e. Cyber Security, Cyber risks management, and privacy requirements

Working globally with governments, organizations and individuals, the International Consortium on Governmental Financial Management is dedicated to improving financial management so that governments may better serve their citizens.

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