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The relationship between Financial Management Systems (FMS) and Public Financial Management (PFM) is an essential component of Public Financial Management.

Effective Public Financial Management requires a robust financial management system that can provide accurate and timely information to support decision-making, accountability, and transparency.

Financial Management Systems can help public sector organizations improve efficiency, accuracy, and transparency in managing public funds by automating financial processes.
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0:00 Introduction
0:11 Welcome To Our Channel
0:31 Definitions of PFM and FMS
0:34 Definition of PFM
1:13 Definition of FMS
1:45 Relationship between PFM and FMS
3:28 Related Videos
3:58 Like and Subscribe

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This publication and the information included in it are not intended to serve as a substitute for consultation with a professional. Specific issues, concerns and conditions always require the advice of an appropriate professional advisor. The use of the contained information is at the user's own discretion.

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