PFM COMPONENTS
- 1. Economic Management
- 2. Budget Formulation and Preparation
- 3. Fiscal Decentralization
- 4. Domestic Revenue Generation
- 5. Accounting and Reporting
- 6. Treasury and Expenditure Management
- 7. Procurement
- 8. External Audit
- 9. Internal Audit
- 10. Parliamentary Oversight
- 11. PFM Legislation
- 12. PFM Systems and Processes
- 13. PFM Program Management
- 14. PFM Capacity Development