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The root to all reform: how can public finance help unlock the government of the future

April 27, 2023 | 09.30 AM ET | USA

The root to all reform: how can public finance help unlock the government of the future
After the impact of the coronavirus and the cost of living squeeze, government finances are under unprecedented pressure. As a result, many governments are having to slow increases in public spending and limit pay deals for civil servants.

At the same time, public finance – and the finance ministries that hold the purse strings – are vital to help unlock the government of the future. Often, civil servants involved in transformation report frustration with how government finance ministries fund projects, with short budget cycles, complicated approval; processes and a need to specific the output at the outset often hindering more agile approaches.
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