The future of public money: From fiscal fantasy to reality

Explore why governments face mounting fiscal pressures—and how a new EY-OMFIF report rethinks public spending to build sustainable finances for the future.

Reimagining public finance starts here

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Governments face mounting fiscal pressures from aging populations, climate change and rising debt, making today’s public money systems unsustainable. To move from crisis management to long-term stability, governments must shift public spending toward outcomes, upgrade fiscal frameworks, and embrace technology to improve transparency, targeting and efficiency. This report outlines practical reforms to ensure public money delivers real-world impact and supports sustainable public finances

Three questions to ask

  • Are public money decisions driven by real outcomes?
  • Are long-term risks built into fiscal planning?
  • Are we using technology to improve public spending?

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