Series: Technical Notes and Manuals
Author(s): Sailendra Pattanayak
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 20 April 2016
Keywords: Expenditure controls, Financial management information systems, Government expenditures, Expenditure chain, Current expenditure, Expenditure control, budget execution, treasury management, commitment control, transaction processing
This paper defines and explains key stages of the government expenditure chain and describes the controls applied at each stage, including their objectives and key features as well as centralized vs. decentralized...