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Public spending & reporting
Financial reporting - Budgeting and classification
The Government uses the budgeting system to plan and control public expenditure. The system has two main objectives:
- To support the achievement of macro-economic stability by ensuring that public expenditure is controlled in support of the Government’s fiscal framework; and
- To provide good incentives for departments to manage spending well so as to provide high quality public services that offer value for money for the taxpayer.
The following links introduce the budgeting system and give guidelines on how to record transactions within it.
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