Public Financial Management for the Rights of Children and Young People

Conducting a Dialogue (part 4) / A country’s budget is perhaps the most powerful tool a government has to implement its policies and advance the rights of its population – including children and young people. Good public financial management (PFM) enables a government to use public resources efficiently and promote the development of the country. Through the budget process, available resources are marshalled and policies and priorities are translated into financial commitments. Thus good PFM is a prerequisite for democratic governance and guaranteeing human rightspages:8