Public Financial Management: Union Minister addresses opening ceremony

The opening ceremony of the Special Refresher Course on Public Financial Management Batch No. (10) was held on Monday at the Ministry of Finance and Revenue in Nay Pyi Taw.

The ceremony was attended by Union Minister for Finance and Revenue Dr. Kan Zaw, Union Minister for Legal Affairs and Union Attorney-General Dr. Thida Oo, instructors, trainees, and officials.

Speaking at the ceremony, Union Minister Dr. Kan Zaw emphasized that a robust public financial management system is essential to carry out national development projects efficiently, effectively, and with accountability and responsibility. To achieve this, it is necessary to establish a sound public financial management system and produce capable government employees.

He noted that the field of public financial management is broad, encompassing processes such as increasing financial revenue, systematically allocating budgets, spending allocated funds efficiently and effectively, and monitoring and regulating implementation outcomes.

He encouraged the trainees attending the course to thoroughly study the theoretical and practical lessons on public financial management to apply in their respective workplaces and contribute effectively to delivering high-quality public services for national development. A total of 32 director-level senior officers from 17 ministries and organizations are attending this Special Refresher Course on Public Financial Management which will run for six weeks.