Effective government cash management is fundamental to fiscal governance. In many African countries, fragmented systems of multiple bank accounts have led to idle balances, leakages, inefficient resource allocation, and weak fiscal discipline. This undermines accountability and erodes public trust.
The Treasury Single Account (TSA) offers a proven solution by consolidating government cash resources within a unified framework. When effectively implemented, TSA strengthens fiscal discipline, improves cash flow forecasting, enhances transparency, and maximises the use of public funds. Yet, progress across Africa has been uneven, often constrained by weak coordination, capacity gaps, and technological barriers.