💥 Expend or Use Carelessly, Extravagantly, to No Purpose 💥

In this "GAOverview," we discuss types of waste in federal programs and strategies to address it. Waste is when individuals or organizations spend government resources carelessly, extravagantly, or without purpose. Federal programs may be vulnerable to waste for a number of reasons, including asset mismanagement. For instance, it can be difficult to track the purchase and use of goods and services at an agency, which can lead to waste. Implementing inventory management tools can better ensure that agencies are making the best use of their budgets and assets.

Government administration efficiency is the ability of a government to use resources to achieve its goals while delivering services in a timely and cost-effective manner. It's a key factor in a country's well-being.