This course will introduce the steps and processes for drafting a national budget: preliminary analyses and forecasts, submission of budget requests by ministries and other government units, reviews and decision by the executive, and presentation to the legislature. It specifically focuses on some of the recent trends and innovations in public financial management. The course is to a large extent based on the IMF publication “Public Financial Management and Its Emerging Architecture” as well as on the IMF Guidelines for Public Expenditure Management.