1. Enables the government account for funds borrowed or donated
2. Gives useful information which may help keep track of the government expenditure
3. To enable the government prioritise its needs
4. In order to identify the sources of funds/revenue
5. Enables the government to approve expenditure
6. Allows the government to estimate the financial requirements for its needs
8. Helps the government identify its departments and allocate duties appropriately in order to promote accountability
johnmulu answered the question on January 30, 2017 at 06:00
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