Public Financial Management System

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
PFMS
Pronunciation
/ˈpəblɪk ˌfaɪˈnænʃəl ˈmænɪʤmənt ˈsɪstəm/
Category
Governmental
Related Field
State & Local

Examples in Context

  1. With the reform of the public financial management system reform, people pay more and more attention to the application of accrual basis system in budget accountancy in our country.
  2. Government procurement plays a critical role in the public finance expenditure as the implementation of a public financial management system.
  3. Government procurement as a market economy country launched a widespread public financial management system is the main use of public funds one way, the area of government procurement is bound to become a high incidence area of commercial bribery countries, China is no exception.
  4. The reform involves many respects in the public financial budget management system and will have a great influence on China's politics, economy, culture, etc.
  5. It firstly expounds equal public services and the general theory of financial management system, analyzes the financial management system to realize the equal access to basic public service mechanism.

Other meanings of PFMS