Analyse the PFMA and indicate whether you regard PFMA as an effective FRL.

Substantiate your position. If you indicate that the PFMA is an effective FRL, then provide adequate reasons. If you indicate that the PFMA is not effective FRL, you must also offer an opinion on whether South Africa needs an FRL or two.

Answer rating: 100% (QA)

The Public Finance Management Act PFMA is a key piece of legislation in South Africa that governs financial management and accountability in the public sector To determine whether the PFMA is an effec... View the full answer