A Financial Management Information System (FMIS) plays a central role as the budget management tool of the government, and hence it is key to sound public financial management (PFM). It strengthens budget compliance and fiscal discipline which are necessary for macroeconomic sustainability. The FMIS can also enhance transparency which, in turn, improves accountability. It also contributes towards efficiency in public service delivery. Fiscal discipline...
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Ensuring Better Public Financial Management Outcomes with FMIS Investments : Summary Note (English). Equitable Growth, Finance and Institutions Insight Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/959381619417450059