PFM

Special Correspondent The Auditor-General of Namibia, Mr. Junias Kandjeke, has commended the SADC Parliamentary Forum for developing a SADC Model Law on Public Financial Management (PFM), saying the regional soft law can help in efforts to meet Sustainable Development Goals (SDGs). Good PFM is widely seen as an enabler in achieving SDGs because it promotes evidence-based budget allocation and prudent management of scarce public resources to support public infrastructure and social investments. For example, Target 12.7 of the SDGs seeks to promote sustainable public procurement practices while Target 16.6 focuses on development of effective, accountable and transparent institutions. Last week,…