TEXT: -Effective PFM practices increase transparency, accountability and efficiency in public funds management.
Citizens' trust in the government's ability to manage public resources is vital for inclusive growth, social cohesion, and fostering political stability.
The public sector has a critical dual role in defining and responding to climate change challenge.
Green budgeting provides a framework for public sector organisations to implement climate commitments and achieving environmental goals.
Recommendations:
ACCA can contribute to the implementation of National Adaptation Plan by offering support for the development of resilience-building strategies.
ACCA can also play role in promoting awareness and fostering knowledge sharing among experts and practitioners.
Key stakeholders should facilitate the transfer of best practices and lessons learned across borders and sectors.
Copyright Business Recorder, 2023
Comments
Comments are closed for this article.