Public Financial Management
/ˈpʌblɪk faɪˈnænʃəl ˈmænɪdʒmənt/
Definitions
- (n.) The processes and procedures used by governments to manage public resources, including budgeting, accounting, auditing, and expenditure control, ensuring accountability and efficient allocation.
Effective public financial management is essential for good governance and fiscal discipline.
Forms
- public financial management
Related terms
See also
Commentary
Often emphasized in legal frameworks governing government fiscal responsibilities and transparency.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.