The Role of the Pakistani Government in the Efficient Management of Public Funds
Mobeen Ur Rehman
University Lecturel, COMSATS Institute of Information Technology, Islamabad, Pakistan
Published in: Public Finance Quarterly 2013/2 (p. 230-237.)
Summary: This paper describes different methods and guiding principles applied to the management of public spending, gives an overview of relevant literature and the theoretical framework. Main conclusions include the important pillars of efficient public spending management: fiscal and financial discipline, joint control over expenditures compatible with macro-economic constraints (ensuring the availability of funds for expenses), efficient allocation of resources (reflecting the priorities of spending policy), efficient provision of public services, and cost reduction in budget management. The paper aims to provide help to the Pakistani government in developing proper strategies for the possibility of efficient control over public spending.
Keywords: public spending, accountability in government, Pakistan
Journal of Economic Literature (JEL) kód: G18, H3, H11, H30, H61