Financial Policy

Financial policy refers to the set of guidelines and strategies that an organization or government uses to manage its money effectively. It involves decisions about budgeting, spending, saving, and investing to ensure financial stability and meet long-term goals. These policies help control risks, allocate resources efficiently, and maintain economic health. Clear financial policies provide a framework for making consistent decisions, supporting transparency, and adapting to changing economic conditions. Overall, they serve as a roadmap to ensure responsible financial management and sustainability.