Fiscal Governance

Fiscal governance refers to the processes and policies that manage a government's financial resources effectively and responsibly. It involves planning budgets, monitoring spending, ensuring transparency, and maintaining debt levels within sustainable limits. Good fiscal governance helps prevent waste, reduces corruption, and ensures funds are used efficiently to support economic stability and public services. It provides a framework for decision-making that balances revenue collection, expenditure, and fiscal discipline to promote long-term economic health and public confidence in financial management.