This article analyzes international experiences applied by both developed and developing countries in the process of reforming public financial management. Particular attention is given to improving the budget system, strengthening fiscal discipline, enhancing transparency and accountability, and introducing digital technologies in public finance management. The study also examines best practices recommended by international financial institutions, including the World Bank and the International Monetary Fund, and explores the possibilities for adapting these practices to national contexts. The findings of the research have significant scientific and practical importance for improving the efficiency of public financial management.