Transcription of Chapter 6 - Financial management and MFMA implementation
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Chapter 6 - Financial management and MFMA implementation
616 Financial management and mfma implementation Introduction A consolidated legal framework for democratic, accountable and developmental local government is formed by the Municipal Finance management Act ( mfma ), together with the Municipal Structures Act, Municipal Systems Act, Municipal Property Rates Act and other local government legislation. The implementation of the mfma began in July 2004, and there is growing awareness of its significance throughout government. A phasing-in strategy allowed municipalities adequate time to implement the reforms required by the Act, and progress reported to date is encouraging.
61 6 Financial management and MFMA implementation Introduction A consolidated legal framework for democratic, accountable and developmental local government is formed by the Municipal Finance
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FINANCIAL MANAGEMENT REFORM PROGRAMME, Financial management reform programme strategy phase, Evaluation of public financial management reform, OECD, To public financial management literature, Programme management, Financial, Public administration and financial management delegations, Environmental and social management Guidelines, REFORM, 4th september - sunday 11th september 2016