The Public Finance

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The Public Finance

Part 7 Sections 113 & 114

In the arena of public finance the new Constitution has resulted in increased autonomy accompanied by enhanced checks and balances. Key changes include the assumption by an elected Finance Minister of responsibility for public finance in the Legislative Assembly, a limit imposed on borrowing, which previously had only been done in the Public Management and Finance Law (PMFL). In addition, the Constitution now details further, the responsibilities of the Auditor General and his relationship with Public Accounts Committee.

Last Updated: 2010-08-17