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MONTSERRAT STATUTORY RULES AND ORDERS. R.O. 27 OF 2019PUBLIC FINANCE (MANAGEMENT AND ACCOUNTABILITY) (PROCUREMENT) REGULATIONS 2019ARRANGEMENT OF REGULATIONSPART 1 PRELIMINARY ........................................................................
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Government agencies to effectively manage public funds.
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Public finance management is the process of planning, directing, monitoring, and controlling the use of financial resources in the public sector to achieve desired outcomes.
Government agencies, organizations, and public entities that handle public funds are required to file public finance management reports.
Public finance management reports can typically be filled out online through a designated government portal or software.
The purpose of public finance management is to ensure transparency, accountability, and efficiency in the use of public funds.
Public finance management reports typically include details on budget allocations, revenue sources, expenditures, and financial performance.
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