Public Finance Management Act

The Public Finance Management Act is a legal framework that guides how government funds are managed to ensure responsible use. It sets rules for budgeting, spending, and accountability, helping prevent misuse of taxpayer money. The Act promotes transparency, efficiency, and proper oversight, ensuring public resources are used effectively to serve citizens’ needs. It applies to government departments and entities, providing procedures to plan budgets, record transactions, and report financial activities clearly. Overall, it aims to support good financial governance and maintain public trust in government financial operations.