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Financial Monitoring

Created Nov 17 2015, 7:21 AM by Khalifeh Al-Dayyat

In municipalities there must be monitoring actual financial income and expenditure and comparing this to the budget, through regular financial reporting and corrective action when needed. This is a required procedure that all municipalities should deal with and in my opinion municipalities must be forced to comply with this procedure as one of the options to try to overcome the big gap between income and expenditure.