How the Treasury can maintain momentum on financial reforms
Significant progress has been made, in stark contrast to many cross-departmental reforms which fail to make any tangible difference
Today the Institute for Government and the Chartered Institute of Management Accountants (CIMA) published a short report, looking at the Government’s progress in improving financial management. Overall, significant progress has been made, in stark contrast to many cross-departmental reforms which fail to make any tangible difference. But there is also still a long way to go. HM Treasury and the Chancellor need to build on what has been achieved to date. Here Julian McCrae explains in more detail why this matters, what has happened and what the Treasury needs to do to maintain momentum.