This should ensure that the total investment portfolio of the commercial enterprises of the government is managed efficiently reconciling commercial objectives and sound fiscal management. This in brief is the logic behind the proposed PMCI. Bypass and delivery of services The importance of fiscal adjustment at State Level in enhancing the output and quality of services has been recognised.
The popular perception of effect of reform and thus confidence in the economy appears to have been undermined by the deterioration in the quality of public services be it education or health or even drinking water.