THE conduct of the Public Financial Management Competency Program (PFMCP) for local government units (LGUs) continues in Legazpi City, where about 700 budget officers from the provinces of Albay, Camarines Norte, Camarines Sur, Catanduanes, Masbate and Sorsogon, and other cities and municipalities in Region 5 (Bicol Region), were capacitated on PFM policies and reforms from March 6 to 8.

The PFMCP for LGUs is composed of three tracks on PFMCP foundation, budgeting, and procurement, which are taught by subject-matter experts from the Department of Budget and Management (DBM).