Public Finance Law

Public Finance Law refers to the legal framework governing how governments raise and spend money. It includes regulations on taxation, public budgeting, borrowing, and expenditure management. This area of law ensures that public funds are collected and used responsibly, promoting transparency and accountability. It also sets the rules for financial reporting and audit processes to prevent misuse of resources. Essentially, Public Finance Law is vital for maintaining the financial health of government entities and ensuring that taxpayer money is managed effectively to provide public services and infrastructure.