A new body for public finance management practitioners was launched alongside the amended Act.
The body is called the Papua New Guinea Association of Government Accountants and Public Finance Managers Incorporated.
Minister for Finance, James Marape, urged the custodians of the Public Finance Management Act to read and take to heart the newly amended Public Finance Management Act.
The PNG Association of Government Accountants and Public Finance Managers Incorporated was launched by Minister Marape, Finance Secretary Dr Ken Ngangan, and Chief Secretary,Isaac Lupari.
It’s an initiative of Secretary Ngangan, that will run parallel with his other initiative to redeem the Public Finance Management practice in PNG.
Minister Marape who is also interim patron, said members need to know the Act as amended, for efficient work to be done.
The PNG Association of Government Accountants and Public Finance Manager Incorporated was established as an avenue to motivate and provide professional development for public finance management practitioners, including public service managers.
The aim is to bring about improvement and efficiency at the work place.
