public finance
Noun
Meaning
public finance (uncountable)
A field of economics concerned with paying for collective or governmental activities, and with the administration and design of those activities.
Synonyms
Examples
Blocks the leakages and abuses which hitherto characterized Public Finance Management in Nigeria.
After the meeting, Public Accounts Committee Chairperson Honourable Shadreck Namalomba said the committee has recommended that in the review of Public Finance Management Act there should sanctions for people that misuse public funds.
News24 understands that this was due to a clash between the World Bank’s contracting procedures, which as the creditor it sought to enforce, and the Public Finance Management Act, by which the South African government had to abide.
The authors thank members of the ESCB Working Group on Public Finance, Pablo Burriel, Bogdan Cozmanca, Christophe Kamps, Ricardo Mestre, Javier J. Pérez, Philipp Rother, João Sousa, Milan Vaňko and Isabel Vansteenkiste for their useful comments.
NA rejected NC’s recommendation to amend Section 2 on Commencement and Section 3 on Implementation as per the section 46B of Public Finance (Amendment) Act of Bhutan 2012.
Public Finance Act, 2014.