fiscal responsibility and accountability
Fiscal responsibility and accountability refer to the principles and practices of managing financial resources with prudence, ensuring they are used efficiently, transparently, and in line with established rules and regulations. It involves balancing budgets, minimizing waste, and effectively tracking and reporting financial activities to ensure the responsible and ethical use of public or private funds.
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Related Concepts (21)
- auditing and oversight of government expenditures
- corporate social responsibility and fiscal responsibility
- deficit reduction strategies
- economic growth and fiscal responsibility
- evaluating the effectiveness of fiscal responsibility measures
- financial reporting standards
- fiscal responsibility in international trade agreements
- fiscal responsibility in times of crisis
- fiscal sustainability
- government budgeting
- government subsidies and fiscal responsibility
- impact of fiscal responsibility on social welfare programs
- key performance indicators for fiscal responsibility
- national debt management
- pension fund management and fiscal responsibility
- political will and commitment to fiscal responsibility
- public spending cuts
- public-private partnerships and fiscal responsibility
- role of central banks in fiscal responsibility
- tax policies
- transparency and accountability in government finances
Similar Concepts
- accountability
- accountability and responsibility
- accountability and transparency
- authority and accountability
- financial accountability
- financial accountability and transparency
- financial reporting and accountability
- financial responsibility
- fiscal discipline
- fiscal management
- fiscal responsibility
- fiscal responsibility laws
- government accountability
- oversight and accountability
- responsibility and accountability frameworks