Expenditure Management

Expenditure management involves capturing all spending transactions and payments within an integrated financial management information system, and using this system to produce spending reports, and to manage financial risks.

a) Government officials make efficient use of an integrated digital financial management information system to record all expenditure transactions and payments.

b) Accurate monthly, quarterly and annual expenditure reports are produced, publicly disseminated, and debated.

c) Effective risk management practices are implemented to continuously improve expenditure management.

d) Civil society groups obtain copies of expenditure reports and assess spending relative to budget allocations, they engage with government officials to establish any differences between approved budget allocations and actual spending.

a) Government officials explain and justify their performance and decisions in controlling and reporting on the expenditure of public funds and engage with civil society groups, who assess explanations and justifications for spending and the implementation of expenditure controls and call for corrective action (where necessary); corrective action is taken on the basis of evidence of poor expenditure management.

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