Accountable public financial management stressed
Thursday, 19 November 2009
FE Report
Public service in Bangladesh will continue to suffer without a strong and accountable public financial management (PFM) system as a strong PFM will maximise utilisation of revenue and aid money through better service delivery to enhance the standard of living of the poor, speakers said at a round table meeting on public financial management in the city Tuesday, said a press release.
Dr Quazi Mesbahuddin Ahmed, Managing Director, Palli Karma-Sahayak Foundation (PKSF) moderated the discussion organised by Policy Research Institute (PRI).
Civil society members and academics participated in the discussion.
The speakers also emphasised that PFM reform cannot succeed if it is a stand-alone agenda, adding "Other issues such as human resource management or public procurement management need to be addressed," the press release said.
The discussants engaged in a candid talk on challenges for PFM reforms in Bangladesh as faced in the past and present and brainstormed possible mechanisms to overcome the challenges.
People are willing to pay taxes as long as they know how it would benefit them, the speakers said.
Public service in Bangladesh will continue to suffer without a strong and accountable public financial management (PFM) system as a strong PFM will maximise utilisation of revenue and aid money through better service delivery to enhance the standard of living of the poor, speakers said at a round table meeting on public financial management in the city Tuesday, said a press release.
Dr Quazi Mesbahuddin Ahmed, Managing Director, Palli Karma-Sahayak Foundation (PKSF) moderated the discussion organised by Policy Research Institute (PRI).
Civil society members and academics participated in the discussion.
The speakers also emphasised that PFM reform cannot succeed if it is a stand-alone agenda, adding "Other issues such as human resource management or public procurement management need to be addressed," the press release said.
The discussants engaged in a candid talk on challenges for PFM reforms in Bangladesh as faced in the past and present and brainstormed possible mechanisms to overcome the challenges.
People are willing to pay taxes as long as they know how it would benefit them, the speakers said.