December 21, 2018

Involving the Community in Public Finance Management

The Youth I.D.E.A.S. announced its latest report on Involving the Community in Public Finance Management     An onsite survey conducted from October to November on 520 young people aged 18 – 34 noted that close to 60% (59.8%) of respondents believed the greatest benefit of involving the community in the decision making process of the public finance to be its potential to ensure the resources meet the citizens’ need. Close to half (48.5%) considered their participation important, mainly due to the reasons that the public assets belong to the community and they concerned the development prospects of Hong Kong. […]
December 20, 2018

Involving the Community in Public Finance Management

Youth I.D.E.A.S. 37 Governance and Constitutional Development Involving the Community in Public Finance Management 20 December, 2018     The process of public finance management is how the government uses and distributes resources. Effective management of public finances is beneficial to the stability and sustainability of society. To support this, effective public participation can help to not only strengthen government policy legitimacy but also aid in building public trust in the government. Various governments and institutional organizations around the world value the importance of, and actively seek, public participation in aspects of public finance management. This includes topics as wide-ranging […]