25 - 27 March 2025|Cross-COP Event|Vienna, Austria

The Future of PFM: Strategic Alignment and Innovative Solutions

© Pexels.com
© Pexels.com

The event brought together around 200 participants from around 30 countries, including 21 PEMPAL countries. The participants were senior and mid-level managers responsible for government budget planning, preparation, execution, monitoring, and internal audit coordination from Ministries of Finance and Treasuries. Ministers/Deputy Ministers of Finance also participated. Representatives of the World Bank, the current and potential donors of the new PEMPAL program, the hosting Ministry of Finance of Austria, and external guest speakers attended the event.

Meeting objectives were:

  • Explore the emerging trends and tools that would shape the future of public financial management (PFM) and play a central role in the PEMPAL  Strategy 2026-2030 (strategic, green, and digitalized PFM).
  • Provide an opportunity for a wide cross-thematic and cross-country exchange of PFM experiences and networking by bringing together the entire PEMPAL network with its three communities of practice - Budget Community of Practice (BCOP), Internal Audit Community of Practice (IACOP), and Treasury Community of Practice (TCOP).
  • Present the draft PEMPAL Strategy 2026-2030, plan for PEMPAL activities in that period, and report on key up-to-date results and impacts.