- 10 Marks
PSAF – Nov 2020 – L2 – Q4b – Fiscal Policy and Public Finance
Explain five principles that should guide the design of grants for effective fiscal federalism.
Question
The growth of the grant system is an important factor in the development of fiscal federalism. The grant system is concerned not only with the level of grants and the programme areas, which should be supported, but also the form in which the grants are to be given.
You are required to explain five principles that should guide grant design.
Find Related Questions by Tags, levels, etc.
- Tags: Financial Support, fiscal federalism, Funding Principles, Grant Design, Public Sector
- Level: Level 2
- Topic: Fiscal Policy and Public Finance
- Series: NOV 2020
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