Question: QUESTION 5 ( 2 0 Marks ) Discuss the importance of the Public Finance Management Act ( PFMA ) No . 1 of 1 9

QUESTION

5 (20

Marks

)

Discuss the importance of the Public Finance Management Act

(

PFMA

)

. 1

1999

in promoting good financial management in South Africa

s public sector. Highlight its key objectives and analyze how the Act supports effective and efficient use of public resources. Provide examples to support your answer.

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