Public Finance Reforms for Fiscal Consolidation and Enhanced Domestic Resource Mobilisation
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Dear Friends & Colleagues Public Finance Reforms for Fiscal Consolidation and Enhanced Domestic Resource Mobilisation Public Financial Management (PFM) reforms entail changes to laws, systems and processes used by Governments, to mobilise revenue, allocate public funds, undertake public spending, account for funds and audit. A strong PFM system is essential for effective Governance because effective delivery of public services is associated with poverty reduction and growth. To this effect Government has made reforms to the Public Finance Management Act and has intentions of reviewing the Public Procurement and the Loans and Guarantees Act; Public Financial Management (PFM) Act of 2018;...