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Showing posts from June, 2023

Everything you need to know about public finance management

Governments work with public finance consulting companies to streamline public finance. It is often said that governments should treat citizens the same way businesses treat their customers. However, when it comes to customers, a lot of businesses have it easy. They choose which customers they serve, putting attention on those that are profitable and using one size fits all approaches for the rest. The government does not have the luxury Governments do not have the luxury because they must serve every citizen and provide essential services that in most cases would never survive or do well in the private sector. Governments have to help people get essential services and protect their rights and privacy. They have to provide defense and security. Governments have to do this whilst balancing a complex mix of conflicting demands from diverse constituencies and in the face of public scrutiny. Shareholder value Shareholder value is the bottom line in the private sector and every public