OVERVIEW OF PFM ACT AND BUDGET PREPARATION
Outline I. BackgroundII. Link between the Constitution and the PFM Act 2012III. The Five Core Areas of a Good PFM SystemIV. PFM Institutions at the National and County GovernmentLevelV. Other National/County Government PFM InstitutionsVI. Intergovernmental Fiscal Relations InstitutionsVII. Macro-Fiscal Policy Making and BudgetingVIII. Treasury ManagementIX. Budget Execution, Accounting and ReportingX. Conclusion I. Background FINANCIAL AUTONOMYThis…