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February 2019

Blog on Commitment Control

“Commitment Control system helps monitor and regulate expenditure arrears by tracking spending well before payment obligations materialize. It also helps regulate the availability of cash amongst spending units.” To know more, read Ashok’s write-up on ‘Commitment Control: A Step Towards (or Beyond) Accrual Accounting’ published in IMF’s Public Financial Management Blog here: https://blog-pfm.imf.org/pfmblog/2019/01/accrual-accounting.html?