Public Finance Management Sample Clauses

Public Finance Management. The Court of Accounts has communicated to the MEF the results of its external audit of the government accounts covering the period from October 2007 to September 2008. The MEF has submitted the 2008-09 central government accounts to the Court of Accounts. The MEF has adopted a revised action plan for 2010-14 and a manual of internal control procedures for the IGF inspectors.
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Public Finance Management. 4.14.1. The RTGoNU shall ensure that government finances are managed responsibly and that budget execution is enforced in accordance with the law;
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Public Finance Management. 6.5.1 The TGoNU shall ensure that government finances are managed responsibly and that budget execution is enforced in accordance with the law;
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Public Finance Management. Article 6.5 Auditing of debts, arrears, prepayments, all public funds and expenditure and report to the Transitional National Assembly TgoNU TNA Audit Chamber Within four months of the Transitional Period Article 6.5.6 Receipt of pending audit reports by the National Assembly TgoNU TNA Within six months of the Transitional Period Article 6.5.10 Reformation of South Sudan Economic and Public Sector Financial Institutions Management TgoNU TNA Within six months of the Transitional Period
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Public Finance Management. Significant and wide-scale reforms are on-going in Public Finance Management (PFM) system in the country covering all sectoral sub-areas on central and local level. However, key weaknesses still remain to be addressed, including: 1) PFM legal framework is not fully harmonised and there are insufficient institutional capacities to provide for its efficient implementation; 2) lack of medium-term budgetary framework and improved budget classification 3) fiscal consolidation and discipline are not yet fully developed and implemented; 4) lack of an efficient revenue system which introduces citizens'-oriented services and decreases the risks for corruption and fraud; weaknesses in tax collection and fight against tax evasion 5) uneven and inefficient internal control framework across the public administration 6) lack of harmonised public procurement legal framework and weak capacities of contracting authorities and business operators (including in concessions, PPPs and review procedures). The government demonstrated strong political commitment to PFM reforms and recognised the existing weaknesses in the sector. The 2018 - 2021 PFM Reform Programme and 2018 Action Plan can be considered as relevant to address those deficiencies. The programme's objectives, priorities, monitoring, reporting and performance assessment framework are relevant to provide for the successful implementation of the priorities defined based on clear indicators, targets and deadlines. In addition, the relevance of the programme is checked based on quarterly monitoring and flexible approach in updating and developing annual action plans. However, there are potential risks in ensuring necessary human and financial resources; streamlining the co-ordination with other national policies (incl. PAR). A more proactive involvement of civil society, international partners, universities and businesses in the budget process still has to be achieved. PFM donors' co-ordination remains a challenge. The credibility of the PFM Reform programme is to a certain extent ensured by the commitment shown by all actors' involved (state administration, Parliament, State Audit Office etc.) which has been also demonstrated during the PFM policy dialogue. In addition, the PFM Council, chaired by the Minister of Finance, re-confirms the political commitments to the reforms. The monitoring and reporting system has started to operate as envisaged in the Programme (the PFM Council, the PFM Sector Working Group, priority c...
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Public Finance Management. The Recipient has published, in the Recipient’s Government website for reforms, the 2008 budget execution report, and submitted to the National Assembly the draft version of the 2009 budget law before the end of the 2008 Fiscal Year and in line with the I-PRSP priorities. • The Recipient has completed the process of re-organization and strengthening of the Recipient’s Treasury, in line with the WAEMU Directive No 06/97/CM/UEMOA on General Regulations on Public Accounting, including creation of a General Payments Office (Paierie Générale), a General Revenue Office (Recette Générale) and a Treasury Central Accounting Agency within the Treasury. • The Recipient has created and staffed an internal audit and inspection unit (Inspection Générale des Finances) under the Minister of Economy and Finance, and nominated the Inspector General (Inspecteur Général des Finances).
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Public Finance Management. Arrears According to latest data, arrears stand above targets also due to the Coronavirus outbreak that has affected the collection of data on arrears as well as progress on the clearance plan agreed in October 2019; nevertheless, some measures should help to decrease the stock of arrears. January 2020 stock of arrears amounted to €1.3 billion, about €340 million above the clearance target (12). Higher absenteeism in the public sector due to the measures taken in relation with the Coronavirus pandemic created delays in labour‑intensive processes such as clearing and reporting on the stock of arrears. The authorities were not in a position to deliver complete aggregate data after January and reported that some subsectors may witness a temporary rise of their arrears. Nevertheless, two measures related to arrears clearance were designed, and should allow for clearing 15% of the January stock of arrears. The first one uses an e‑platform that should be launched shortly and that would allow for new payment modalities of arrears toward health providers (13). According to the authorities, this new process would allow for clearing €186 million stock of health arrears. The second measure allows for an immediate clearance of tax refunds related to income tax of legal entities and value added tax that are currently under audit and do not exceed €30,000. The authorities expect that the amount of arrears related to tax refunds of approximately €8 million as a result of the measure. The authorities remain committed to their October 2019 clearance plan and designed some actions that are ongoing in a number of subsectors. In spite of the Coronavirus pandemic, the authorities maintained their clearance plan, which aims to fully clear arrears by end-2020, with the exception of €140 million for pension claims that would be cleared by June 2021. More specifically, the authorities are still planning to implement a new IT system in the Single Social Security Fund (EFKA) with a view to substantially accelerating the pace of clearing the backlog of pension claims. Moreover, new managerial incentives and methods have been designed to offset the accumulated delays and achieve the clearance targets. In view of the fact that local governments seem to have been reporting amounts that should not be counted in their stock of arrears, the Ministry of Interior is currently taking measures to clarify the statistical reporting of arrears. Moreover, whereas weaknesses in the hospitals procur...
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Public Finance Management 
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Related to Public Finance Management

  • Network Management 60.1 CLEC and CenturyLink will exchange appropriate information (e.g., network information, maintenance contact numbers, escalation procedures, and information required to comply with requirements of law enforcement and national security agencies) for network management purposes. In addition, the Parties will apply sound network management principles to alleviate or to prevent traffic congestion and to minimize fraud associated with third number billed calls, calling card calls, and other services related to this Agreement.

  • Fiscal Management Grantee must have accounting and internal control systems to ensure proper management of federal and state funds, maximize non-federal resources, and maintain solvency. Xxxxxxx’s accounting and internal control systems must meet the following requirements:

  • Financial Management System Subrecipient shall establish and maintain a sound financial management system, based upon generally accepted accounting principles. Contractor’s system shall provide fiscal control and accounting procedures that will include the following:

  • Traffic Management The Customer will not utilize the Services in a manner which, in the view of the Centre Operator, significantly distorts traffic balance on the Centre Operator’s circuits which are shared with other users. If, in the reasonable view of the Centre Operator, the Customer’s traffic patterns cause or may cause such distortion, the Customer should have a dedicated circuit capability. If the Customer declines to do so then the Centre Operator may suspend the Services while the matter is being resolved. If there is no resolution within 5 business days then either party may terminate the Agreement.

  • Financial Management (a) The Recipient shall ensure that a financial management system is maintained in accordance with the provisions of Section 2.09 of the Standard Conditions.

  • Asset Management Supplier will: i) maintain an asset inventory of all media and equipment where Accenture Data is stored. Access to such media and equipment will be restricted to authorized Personnel; ii) classify Accenture Data so that it is properly identified and access to it is appropriately restricted; iii) maintain an acceptable use policy with restrictions on printing Accenture Data and procedures for appropriately disposing of printed materials that contain Accenture Data when such data is no longer needed under the Agreement; iv) maintain an appropriate approval process whereby Supplier’s approval is required prior to its Personnel storing Accenture Data on portable devices, remotely accessing Accenture Data, or processing such data outside of Supplier facilities. If remote access is approved, Personnel will use multi-factor authentication, which may include the use of smart cards with certificates, One Time Password (OTP) tokens, and biometrics.

  • Information Management Information and Records

  • SITE MANAGEMENT We reserve the right, but not the obligation, to: (1) monitor the Site for violations of these Terms of Use; (2) take appropriate legal action against anyone who, in our sole discretion, violates the law or these Terms of Use, including without limitation, reporting such user to law enforcement authorities; (3) in our sole discretion and without limitation, refuse, restrict access to, limit the availability of, or disable (to the extent technologically feasible) any of your Contributions or any portion thereof; (4) in our sole discretion and without limitation, notice, or liability, to remove from the Site or otherwise disable all files and content that are excessive in size or are in any way burdensome to our systems; and (5) otherwise manage the Site in a manner designed to protect our rights and property and to facilitate the proper functioning of the Site.

  • Relationship Management LAUSD expects Contractors and their Representatives to ensure that their business dealings with and/or on behalf of LAUSD are conducted in a manner that is above reproach.

  • Case Management Prompt resolution of any dispute is important to both parties; and the parties agree that the arbitration of any dispute shall be conducted expeditiously. The arbitrators are instructed and directed to assume case management initiative and control over the arbitration process (including scheduling of events, pre-hearing discovery and activities, and the conduct of the hearing), in order to complete the arbitration as expeditiously as is reasonably practical for obtaining a just resolution of the dispute.

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