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Public Financial Management drives Government Transparency

 

December 4, 2014

Doug Hadden, VP Products

We participated in the Winter ICGFM (International Consortium on Governmental Financial Management) conference at the IMF earlier this week, joining attendees from over 40 countries. There was widespread agreement that good Public Financial Management drives transparency and improves governance in countries. The presentations, panels and networking discussions revolved around:

  • Making government transparency data accessible to citizens
  • Identifying areas of quick PFM return on investment: managing arrears, moving to the Treasury Single Account, migrating to accrual accounting
  • Reform implementation lessons from India, the UK, the US, Nepal, Uganda and New Zealand
  • Frameworks for diagnosing governance and methods to improve government performance

I was able to “storify” the lessons learned.

 

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Doug Hadden

Doug Hadden

Executive Vice President, Innovation at FreeBalance
Doug is responsible for identifying new global markets, new technologies and trends, and new and enhanced internal processes. Doug leads a cross-functional international team that is responsible for developing product prototypes and innovative go-to-market strategies.

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