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Parliament passes Public Finance Management Bill

The new legislation increases oversight on local authorities and introduces strict guidelines on public borrowing limits.

T
Tinashe Makura Senior Investigative Journalist
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Published 27 August 2026 • 2:27 pm
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Updated 1 September 2026 • 12:27 pm
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Read time 5 min read

What the legislation changes

The Bill strengthens oversight of public borrowing and local-authority finances by setting clearer reporting, approval, and accountability requirements.

Its implementation will determine how effectively Parliament, councils, and citizens can track the use of public funds.

Tinashe Makura

About Tinashe Makura

Senior Investigative Journalist

Senior Investigative Journalist focusing on economy and politics.