Role of Accountability in Good Governance
Key Points
- Essentials of Good Governance – Effective governance requires efficiency, transparency, accountability, and adherence to the rule of law in both public and corporate sectors.
- Checks and Balances – Granting authority without oversight can lead to abuse; accountability mechanisms help prevent corruption and institutional failure.
- Financial Management & Compliance – Government officials must be well-versed in financial regulations to prevent mismanagement and ensure transparency in procurement and appointments.
- Corruption & Institutional Weakness – Misuse of authority erodes public trust, fosters injustice, and weakens institutions, making anti-corruption measures crucial.
- Rule of Law & Public Trust – Accountability bodies must enforce laws impartially, addressing governance failures like urban mismanagement and illegal land use.
Summary
Good governance depends on transparency, accountability, and adherence to the rule of law. Without proper checks and balances, authority can be misused, leading to corruption and institutional collapse. Financial mismanagement and lack of transparency in official matters contribute to governance failures. Corruption weakens institutions, requiring strong anti-corruption frameworks and impartial enforcement. Ensuring rule of law across all sectors is key to public trust and sustainable development.
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