Public Investment Act

The Public Investment Act is legislation that sets rules and guidelines for government-funded projects and spending. It ensures that public funds are invested efficiently, transparently, and in a manner that promotes economic growth and development. The Act typically establishes procedures for planning, approval, monitoring, and evaluation of public investments, aiming to maximize social and economic benefits while minimizing waste or mismanagement. It helps coordinate public resources to support infrastructure, healthcare, education, and other critical sectors, fostering responsible governance and sustainable development.