Question Tag: Public Financial Resources

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PSAF – Nov 2018 – L2 – Q2a -Public expenditure and financial accountability framework

State and explain four ways to safeguard public financial resources under the PFM Act 2016.

The Public Financial Management (PFM) Act, 2016 (Act 921) was introduced to ensure that public funds and resources are properly safeguarded and are used economically, efficiently, effectively, and with due propriety.

Required:
State and explain FOUR (4) ways in which public financial resources can be safeguarded under the PFM Act 2016.

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PSAF – Nov 2018 – L2 – Q2a -Public expenditure and financial accountability framework

State and explain four ways to safeguard public financial resources under the PFM Act 2016.

The Public Financial Management (PFM) Act, 2016 (Act 921) was introduced to ensure that public funds and resources are properly safeguarded and are used economically, efficiently, effectively, and with due propriety.

Required:
State and explain FOUR (4) ways in which public financial resources can be safeguarded under the PFM Act 2016.

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