Public Financial Management (PFM

04 Mar

Model Law on PFM could assist Parliaments tackle corruption

ObserverUncategorisedHonorable Brian Dube, outhern Africa Development Community Organisation of Public Accounts Committees (SADCOPAC), Public Financial Management (PFM, SADC Model Law

Moses Magadza The SADC Model Law on Public Financial Management (PFM) that the SADC Parliamentary Forum is developing to promote responsive, accountable and transparent use of public resources is the latest addition to the SADC Region’s arsenal against corruption. The Chairperson of the Public Accounts Committee (PAC) of the Parliament of Zimbabwe, Honorable Brian Dube, has said the SADC Model Law can, among other things, help National Parliaments strengthen their PACs and stem corruption in the use of public resources. Dube is also the Deputy Secretary General of the Southern Africa Development Community Organisation of Public Accounts Committees (SADCOPAC). He…

17 Feb

AG says Model Law on Public Financial Mgt good for SDGs

ObserverUncategorisedMr. Junias Kandjeke, PFM, Public Financial Management (PFM, SADC Model Law

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,…