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VFM stands for value for money which means getting the best possible results for the money spent.
Organizations or individuals who are accountable for public funds are required to file vfm value for money.
To fill out vfm value for money, you need to provide details on how funds were spent and the results achieved.
The purpose of vfm value for money is to ensure that public funds are being used efficiently and effectively.
Information on how funds were spent, the outcomes achieved, and any cost savings or efficiencies realized must be reported on vfm value for money.
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