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Government plans ''to deliver financial efficiencies in public sector''

21 January 2011
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Government plans ''to deliver financial efficiencies in public sector''New proposals have been published that aim to improve financial discipline within the public sector.

Economic secretary to the Treasury Justine Greening has unveiled plans to ensure fiscal implications are "inherent to every decision taken" by bosses in the field.

Under the new Finance Transformation Programme - which has been published in Managing Taxpayers' Money Wisely and will be overseen by the Treasury - four areas of focus have been identified, including driving effective leadership, developing a "cost conscious culture" based on financial assessment and establishing expert central functions.

Announcing the foundations for the programme at an annual training event organised by the Government Finance Profession, she explained: "We've got to get a grip on the public finances, but to do that across the public sector we've got to drive through a real change in culture."

The proposals come in the wake of consultation with stakeholders and commitments made by ministers in the Spending Review Framework and the Programme for Government.

Individuals involved in continuous improvement in the public sector may be interested in the plans, as spending cuts come into force, increasing the need for better levels of efficiency within organisations.ADNFCR-3058-ID-800356917-ADNFCR
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