Public Finance Management Act (PFMA)

The Public Finance Management Act (PFMA) is a law that guides how government funds are managed to ensure transparency, accountability, and responsible use of public money. It sets rules for planning, allocating, and controlling government budgets to prevent misuse and ensure that resources are used efficiently to benefit citizens. The PFMA also mandates regular reporting and oversight to promote financial discipline within government departments and agencies, ultimately aiming to improve service delivery and maintain public trust.