Telegram group: T.me/BBCNOUN [DES213] Public financial management (PFM) is about ensuring that public fund is use ……….. and ……... Effectively and Efficiently [DES213] Public Finance Management is governed By the…………………. Nigerian Constitution [DES213] The traditional approach to public finance highlights three main fiscal policy functions of government- allocation, distribution and …………….. Stabilization [DES213] The government‟s financial balance is concerned on how government finances her……………. that reflects in the government financial balance. Deficit [DES213] ……………..are individual countries that may maintain programmes of assistance that express their own government's priorities. Donors [DES213] Sound public financial management system can also help to ……………. and foster aid effectiveness. prevent corruption [DES213] The government can use both spending and ………….. to respond to variations in economic activity. Taxations [DES213] …………... is the study of the role of the government in the economy. Public finance [DES213] Medium Term Expenditure Framework (MTEF) is a medium term high level strategic plan of the government, usually three years in Nigeria and the law requires that spending should not exceed revenue by what percent of GDP? 0.03 [DES213] ………… is the accounting manual of government ministries, extra-ministerial departments that deals with financial and accounting matters. Financial Regulations