Reforming Public Financial Governance Through Accountability and Transparency Principles

Abstract

Public financial governance serves as a crucial foundation for establishing a transparent, accountable, and efficient system of government. Sound financial management plays a vital role in enhancing public trust, strengthening institutional integrity, and promoting the efficient use of budgetary resources. The principles of accountability and transparency act as key instruments in preventing corruption and the misuse of public funds. Previous studies indicate that the implementation of a performance-based budgeting system can improve the effectiveness of fiscal policies and increase the efficiency of public sector organizations. Furthermore, the success of public financial governance largely depends on the capacity of human resources, effective reporting mechanisms, and strong internal control systems. This study highlights the significance of establishing an integrity-based public financial governance framework through the consistent application of transparency, efficiency, and professionalism. Such an approach is essential for reinforcing accountability and fostering greater public confidence in government institutions. Strengthening these governance principles is fundamental not only to ensuring fiscal discipline but also to achieving sustainable and trustworthy public administration.