Answer to Question #215407 in Finance for Fiona

Question #215407

As a result of imbalance in revenue generation by provincial governments and local municipalities in

South Africa, intergovernmental grants have been a important source of finance for Local

Governments. The allocations of these funds for use in the local authorities have been questionable,

some doubting if the funds are use for what they were earmarked for. Critically discuss, with the aid

of diagrams the conditional no -matching grants with unconditional nonmatching grant


1
Expert's answer
2021-07-12T13:52:43-0400

conditional grants helps in build up of public infrastructure to an acceptable level and thereafter to maintain it as required. Conditional grants is also useful as a means of assisting in the development of the capacity of the provinces and municipalities to deliver



Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

Ask Your question

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS