year-end spending

Stop hasty year-end spending

The Finance Division has urged all government offices to rein in hasty expenditures at the end of each fiscal year as it destroys fiscal discipline and increases the government’s borrowing cost.

September 12, 2022
September 12, 2022

Stop hasty year-end spending

The Finance Division has urged all government offices to rein in hasty expenditures at the end of each fiscal year as it destroys fiscal discipline and increases the government’s borrowing cost.