- 10 Marks
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.
Question
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.
Find Related Questions by Tags, levels, etc.
- Tags: Financial management, Governance, PFM Act 2016, Public Financial Resources, Safeguarding
- Level: Level 2
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