The objects of this Bill are to provide for—
(a) an institutional and regulatory framework for management of public funds;
(b) the strengthening of accountability, oversight, management and control of public funds in the public financial management framework;
(c) responsibilities and fiduciary duties of controlling officers and controlling bodies;
(d) enhancement of cash management systems to ensure efficient and effective utilisation of cash for the Government;
(f) the processes for efficient production of the Financial Report for the Republic;