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Gov’t launches public finance management reform strategies
Primary Minister Hun Sen yesterday introduced the start of the government’s implementation of eyesight and tactics of its general public finance management reform packages for the fourth phase to enrich fiscal achievements after the previous three phases had concentrated on spending plan, monetary accountability and finance-policy connectivity. The general public finance administration reform applications have enabled the authorities to maximize its countrywide spending plan income and expenditure to an approximated total of $8.13 billion and $10.25 billion respectively in 2023 from about $450 million and $740 million respectively in 2003—before the government’s implementation of the packages, the Premier reported. The reform programs have also served Cambodia lower its dependency on…
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FreeBalance Accountability Suite(TM) Goes Live in Brazil to Support Public Financial Management (PFM) Reform
OTTAWA, ON / ACCESSWIRE / January 12, 2023 / FreeBalance, a world-wide Public Economic Administration (PFM) answers and advisory services organization, today introduced that the new, unified money details management program implemented for the Condition of Pará, Brazil went live yesterday. The Sistema Integrado de Administração Estadual (SIAFE) leverages the Professional Off-the-Shelf (COTS) FreeBalance Accountability Suite™ as the monetary system of record for the 216 administration administration units throughout the legislative, judicial and govt branches of the Government of the Point out of Pará. The SIAFE project was funded by the Inter-American Enhancement Financial institution (IDB) to promote the integration of the fiscal units from distinctive States and to modernize…





