Archive · 6 Dec 2025

India Shares Digital PFM Success with Global South

India Shares Digital PFM Success with Global South

India recently held a seminar to share its success in using digital systems for managing public money.

The country has moved to paperless budget preparation, electronic fund releases, and real-time reconciliation, which has made the financial system more transparent.

Key officials spoke about how these changes have improved accountability and control over government funds.

They also talked about systems like the Goods and Services Tax (GST) and Direct Benefit Transfer (DBT), which have made tax collection and fund distribution more efficient.

India offered to help other developing countries adopt similar systems to improve their financial management.

Sources