This Book Risk in Public Finance explores the complexities and uncertainties involved in managing public funds. It delves into key topics like fiscal policy, government debt, and public sector financial management, highlighting the risks that arise from economic instability, political factors, and mismanagement. The book discusses the need for sound risk assessment and mitigation strategies to ensure effective public financial administration. It also examines how regulatory frameworks and governance practices can influence financial risk in the public sector. Emphasizing transparency, accountability, and the role of auditing, the text provides insights into minimizing risks in public finance. The collaboration of researchers and experts offers a comprehensive view of the factors influencing financial stability and public sector performance.