#Bahamas, October 12, 2017 – Nassau – The Public Financial Management and Performance Monitoring Reform (PFM/PMR) Project Unit within the Ministry of Finance is mandated to improve the government’s capacity to manage and allocate resources and as such will have a tangible effect not just on the public service but also on the lives of every Bahamian.
Increasing transparency and coordination between agencies for improved planning, implementation and monitoring will be a major step in ensuring fiscal sustainability for the Bahamian economy. More effective project implementation will mean that Bahamians will see greater value for money from public expenditure.
The PFM/PMR Project Unit will host a Public Forum on Thursday, October 12, 2017 at the University of the Bahamas, 6 p.m. to 8 p.m. in the Performing Arts Centre. The public forum will provide the first opportunity for key stakeholders in academia, private sector, civil society, and media to voice their opinions on the project and have their questions answered by the Component Coordinators directly.
The forum will reveal historic and revolutionary changes that PFM/PMR will bring. The public is invited for suggestions, feedback, and input, which are valuable during this process of change of the public sector.
Press Release: BIS