Mbabane, Eswatini – Eswatini’s Housing and Urban Development Minister, Appolo Maphalala, has called on the public management financial sector to prioritize prudent financial management for the benefit of the nation. The minister made the remarks during a meeting with the newly elected President of the Chartered Institute of Government Finance, Audit, and Risk Officers (CIGFARO), Dr. Emmanuel Ngcobo.
CIGFARO, a professional body representing finance, audit, and risk management experts in the public sector, recently relaunched its operations in Eswatini. The institute aims to uphold high standards of professionalism and promote sustainable financial management in public finances.
Minister Maphalala emphasized the crucial role of financial management in driving development. He urged finance professionals to channel public funds into impactful projects that would improve the lives of Eswatini’s citizens. The minister cautioned against misusing public funds, stating that every Emalangeni diverted from public services deprived citizens of essential needs.
“We need to scrutinize our existing laws and explore innovative ways to utilize public resources effectively,” Maphalala said. “The financial sector holds the key to addressing the nation’s challenges. By ensuring prudent financial management, we can enhance public infrastructure and improve the overall well-being of our people.”
CIGFARO was established in 1929 and has since been committed to fostering excellence among public finance professionals.
