In the public eye

The four pillars of effective expenditure management

Expenditure management is the foundation of good financial governance and management

The Municipal Finance Management Act Section 62 prescribes that an accounting officer, a municipal manager in the case of a municipality, should take steps to ensure that resources are effectively, efficiently and economically utilised. Failure to manage these resources can have dire consequences on service delivery.

Government spending needs to be channelled towards the highest impact areas and should be monitored closely to ensure delivery is achieved in the most efficient and effective manner. This is particularly critical in South Africa where we have experienced more than 3000 service delivery protests over the past five years.

“Government spending needs to be channelled towards the highest impact areas and should be monitored closely to ensure delivery is achieved in the most efficient and effective manner.”

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