2 Appendix
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Government cash management, HC 546, Session 2008-09
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Recommendations for the centre of government
Recommendations for the centre of government
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The current incentives for cash management focus on accurate forecasting, but this does not address money that is unnecessarily kept outside the Exchequer
Good practice in forecasting cash flow and managing payments exists, but is not systematically adopted across government
By undertaking their own tendering processes for commercial banking and cash transit services, public bodies are unlikely to all be getting the best value for government as a whole