Achieving economic growth and poverty reduction for a developing or transition economy requires the deliberate management of the country's public finances.

Public finance management is the process of analyzing and managing a country's public finances -as well as its fiscal processes- in order to promote economic growth and to achieve other strategic policy outcomes, such as such as the effective delivery of government services, poverty reduction and good governance.

Assuring a sound approach to public finance management requires not only a comprehensive development finance strategy (often contained in the PRSP), but also requires strong public expenditure management and fiscal accountability systems, appropriate sectoral finance strategies, as well as an effective intergovernmental fiscal framework.

PF&D Solutions LLC is a U.S.-based consulting firm that provides comprehensive technical assistance and capacity building solutions to developing and transitional countries around the world in order to support economic development, reduce poverty and promote good governance through sound public finance management.