Treasury Single Account (TSA)

A Treasury Single Account (TSA) is a financial management system that consolidates a government's revenue, funds, and payments into a single account or a unified set of accounts. This approach enhances transparency, improves cash management, and reduces funds being held in multiple accounts across various agencies. By centralizing control over government finances, TSA helps prevent misappropriation of funds, ensures better budget discipline, and optimizes the use of public resources. Essentially, it creates a streamlined, transparent system for managing government money efficiently and securely.