FINANCIAL MANAGEMENT AND ITS IMPACT ON THE DEVELOPMENT OF LOCAL GOVERNMENT COUNCIL
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EXCERPT FROM THE STUDY
Financial management is concerned with the planning organizing, procurement and utilization of government financial resources as well as the formulation of appropriate policies in order to achieve the aspiration of members that society. Premchand sees public financial management as the link between the community‟s aspirations with resources, and the present with future. It lies at the very heart of the operations and fiscal policy of government of government.
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