The PFM reform Coordination Department in collaboration with the Office of the Auditor General has organized a one-day Validation Workshop on presenting the findings of a Public Financial Management Assessment conducted by the Technical Advisor for the Auditor General.
The assessment was aimed to evaluate the government financial management practices including Accounting and Reporting procedures.
The assessment primarily focused on identifying gaps in applying regulations, policies and procedures. Similarly, the assessment scrutinized in forecasting revenue and expenditure, formulation of medium-term expenditure framework, Budget Preparation, managing cash and monitoring expenditures.
The one-day Workshop was attended by representatives from key financial management institutions including the Auditor General, Accountant General and key departments of the Ministry of Finance Development.
The PFM is designed to improve the government’s capacity and systems to utilize public funds, towards meeting the National Development Plan (NDPII) goals and those of Vision 2030