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September 15, 2021

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Financial system, growth and economic development

FINANCIAL SYSTEM, GROWTH AND ECONOMIC DEVELOPMENT Author Name: Sneha Thacker (MBA FINANCE – 10010) PUBLIC FINANCE Study conducted by Prostebi. L states that the important areas of development of the public financial management system are the development of an effective multifaceted mechanism that provides opportunities to ensure the reliability and predictability of public administration bodies actions, their decision-making based on legally defined rules; carrying out a systematic assessment of the public finance management effectiveness; strengthening the responsibility of state authorities for actions and inactions; maintaining an appropriate level of the government revenues and expenditures ratio. Institutional changes in the financial Read More
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