Astana, February 11, 2012 – The World Bank Expert on Public Financial Management, Nina Hajoyan, delivered lecture to the audience of the Public Administration Academy under the President of the Republic of Kazakhstan on the elements of the integrated public financial management focusing on the results based budgeting approach.
During the lecture, the expert showed linkages between the strategy and the budget, and presented the main principles of results based budgeting by bringing examples from New Zealand, Korea, and Armenia. She stressed that streamlining and simplifying the system of strategic planning, further integration of strategies and budget formulation, strengthening of performance indicators and budget analysis functions and capabilities altogether foster stronger focus on implementation of strategic goals and improvement of service delivery.
The delivered lecture is a part of the joint knowledge transfer initiative which allows the Academy students and staff to learn from the World Bank experts of the best international practice in the priority areas of development of Kazakhstan.
“The knowledge of international expertise is an important part of the educational process, and learning it from the experts of international level is very useful and beneficial,” said Sholpan Yessimova, Vice Rector for Science and International Relations of the Academy.
Public Administration Academy under the President of the Republic of Kazakhstan is the only institution in Kazakhstan preparing highly qualified public administration personnel for effective implementation of public policies drawing on the best world practices and innovative management.
