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What is the role of public finance in Nigerian economy?
It brings about economic improvement
What part of the economy finances public goals?
The public sector, primarily funded through taxation, plays a crucial role in financing public goals. Government revenues collected from individuals and businesses are used to support essential services like education, healthcare, infrastructure, and social welfare programs. Additionally, government borrowing can also finance public initiatives, particularly during economic downturns or for large projects. Ultimately, the interplay between taxation and public spending is fundamental to achieving societal objectives.
What is the role of parliament in public expenditure?
Parliament plays a crucial role in public expenditure by approving the national budget, which outlines government spending priorities. It scrutinizes proposed expenditures to ensure they align with public interests and fiscal responsibility. Additionally, parliamentary committees often review financial reports and hold the government accountable for its spending decisions, ensuring transparency and efficiency in the use of public funds. This oversight helps to maintain checks and balances within the government.
Match each role with the action performed by people playing that role.?
consumer-provide labor and investment producer-provide individual goods government-provide public goods
What are the roles of public finance in economic development?
Public finance plays a critical role in economic development by allocating resources for essential services such as education, healthcare, and infrastructure, which are vital for enhancing productivity and living standards. It enables governments to invest in social programs that reduce inequality and poverty, fostering a more equitable society. Additionally, effective public finance management ensures sustainable fiscal policies, stabilizing the economy and attracting private investment. Overall, it supports long-term growth by creating an environment conducive to economic activities and innovation.
How can effect the changing role of the government to public finance?
i dont know ask jeeves
In what ways does the federal government play a role in public finance?
All of the Above
What are the role players in the management of public finance?
legislature public protector reserve bank the executive
What are the internal role players in the management of public finance?
legislature public protector reserve bank the executive
What is the role of public finance in Nigerian economy?
It brings about economic improvement
What is the role of finance in government sector?
The role of finance in the government sector is to fund several projects. It is important to note that governments need funds to pay salaries and provide various services like building hospitals, roads, and schools.
Discuss the role of public finance in the development if nigeria economy?
Public sector finance in Nigeria has largely been responsible for the provision of Economic, social and political infrastructure in the growth of the Nigerian nation. Governments have majorly provided drive and initiative in this area and public sector finance is the instrument by which growth and development is initiated. the challnge in nigeria has been the overriding influence of the Federal Government in this area. This has led to slower growth and the impact less felt in the overall sense.
What has the author Janet Milne written?
Janet Milne has written: 'Strategy, accountability and the new role of the CFO' -- subject(s): Chief financial officers, Finance, Public, Management, Public Finance
What was true about president hoovers political platform in 1932 presidential election?
President Hoover called for a minimal government role in changing the economy.
What is institutional approach to study public finance?
The institutional approach to studying public finance emphasizes the role of institutions—such as government bodies, regulatory agencies, and legal frameworks—in shaping financial policies and practices. It focuses on how these institutions influence resource allocation, fiscal behavior, and the efficiency of public spending. By analyzing the interactions between various entities and their institutional contexts, this approach seeks to understand how public finance operates in practice, including the impact of political, social, and economic factors. Ultimately, it highlights the importance of governance structures and institutional integrity in achieving effective public finance outcomes.
What are the external role players in the public finance management?
External role players in public finance management include a variety of stakeholders such as international financial institutions (e.g., the World Bank and IMF), non-governmental organizations (NGOs), and civil society groups. These entities often provide funding, technical assistance, and oversight to ensure transparency and accountability in public spending. Additionally, they may advocate for policy reforms and engage in monitoring government performance, thus influencing the effectiveness of public finance systems. Their involvement is crucial for promoting good governance and enhancing fiscal discipline.
What was true about president Hoover's political platform in the 1932 presidential election?
he called for minimal government role in changing the economy.
