Introduction to the book
This is a comprehensive book on Bangladesh Public Financial Management (PFM). Although PFM is an important topic in the current development discourse, it is surprising that no authentic book on Bangladesh PFM is yet available in this country. In this background, this book has been conceived and produced. It is expected that this book will fill a long felt void that existed up till now in this area. This book covers broad PFM topics to present a complete PFM book for use by the members of the Public Service and students of public administration.
The book contains eighteen (18) chapters on wide-ranging PFM topics: PFM Definitions and Concepts, Legal and Regulatory Framework, Financial Regulations, Bangladesh Revenue Management, Budget Concepts and Structure, Budget Classification, Budget Formulation, Budget Authentication and Parliamentary Procedures, Budget Execution, Development Project Management, Government Accounting, Government Auditing, Public Procurement, Public-Private Partnership (PPP), PFM Reforms and Glossary of Definitions.
Public sector officials and members of the development partners may find this book immensely useful for their guidance and ready reference to the detailed PFM systems and procedures. This book will also meet the long-felt academic requirements of the university students of Department of Public Administration and other social science disciplines. The public sector training academies may also find this as a useful guide book for conducting PFM training courses.
Mr. Firoz Ahmed has served for long in the Public Service of Bangladesh and in Asian Development Bank (ADB). He was a member of the Audit and Accounts Cadre of 1982 batch. In the public service, he held several key positions. including Director General, Railway Audit Directorate and Director General, Local and Revenue Audit Directorate. He took early retirement from the public service and joined Asian Development Bank (ADB), Bangladesh Resident Mission, as Senior Governance Officer (Head, Governance). After retirement from ADB in 2015, he worked for a year in the international consulting firm, Price Waterhouse and Coopers (PwC). In 2016 he rejoined ADB as a consultant and currently working as a Trade Facilitation Expert.
Mr. Ahmed obtained a Master of Public Administration (MPA) from the University of Dhaka and a MBA from the Maastricht School of Management (MSM), the Netherlands and Independent University, Bangladesh (IUB). He also received an International Fellowship in Performance Auditing from the Canadian Audit and Accountability Foundation (CAAF), Ottawa, Canada and a Post-Graduate Diploma in Development Planning from APD, Dhaka. Besides, he participated in several international training courses including ‘Government Financial Management’ at the Royal Institute of Public Administration (RIPA) in London, UK and ‘Public Procurement’ at the International Training Center (ITC) in Turin, Italy.