Hiil Institute for Governance emphasizes the importance of Public Financial Management (PFM), which mainly deals with resource mobilization and expenditure management in the public sector. It’s essential to realize that effective financial management is crucial for achieving business objectives in a company. Similarly, sound public financial management plays a critical role in improving the quality of public service outcomes, operational and strategic decision-making, the long-term sustainability of public services, building public trust in the sector’s performance, and ensuring the efficient and effective use of public funds.

The Hiil Institute offers training in Public Financial Management (PFM) and leverages the knowledge and skills of its staff to train, implement, and certify professionals from the Federal Government of Somalia (FGS) and Federal Member States (FMS). The institute has a wealth of experience in developing and delivering PFM courses. For example, in 2020/2021, the institute undertook a contractual agreement to support SAI Puntland in the following key areas:

• Conducting a rapid training needs assessment (TNA) to contribute in designing and developing training and mentoring activities for audit professionals.
• Advising and assisting in the implementation of Puntland’s SAI’s five-year strategic planning.
• Advising and assisting in the SAI’s annual audit planning and overseeing the implementation of risk-based auditing.
• Building the capacity of the technical staff through a relevant and updated continuous development program.
• Assisting and providing advice to the quality control department and serving as the go-to person for any high-level audit matters.