Payment Control – NBC Institute

PSAF – Nov 2019 – L2 – Q5b – Public sector fiscal planning and budgeting

Explanation of Treasury Single Account and its purposes.

Question

As part of the measures for regulating the Financial Management systems of Public Sector Entities, Government through Public Financial Management Act, 2016, (Act 921) established the Treasury Single Account (TSA).

Required: i) Explain what is meant by Treasury Single Account. (2 marks) ii) Explain any THREE (3) purposes for the establishment of Treasury Single Account. (3 marks)

Answer

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Tags: Government Finance, Payment Control, PFM Act 2016, Public Sector Management, Treasury Single Account
Level: Level 2

Topic: Public sector fiscal planning and budgeting
Series: NOV 2019

Question Tag: Payment Control

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PSAF – Nov 2019 – L2 – Q5b – Public sector fiscal planning and budgeting

Explanation of Treasury Single Account and its purposes.

PSAF – Nov 2019 – L2 – Q5b – Public sector fiscal planning and budgeting

Explanation of Treasury Single Account and its purposes.

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PSAF – Nov 2019 – L2 – Q5b – Public sector fiscal planning and budgeting

Explanation of Treasury Single Account and its purposes.

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Explanation of Treasury Single Account and its purposes.

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