Explain how a national budget act as a distributive socio-economic instrument
- Establishing and maintaining public good like roads, security and defense
- Maintenance of government enterprises
- Encouraging the private sector through lending, purchasing of shares and starting joint venture.
- Balancing national development by spending on development of backward areas.
- Motivating government employees e.g. through salaries.
CATEGORIES Economics
TAGS Dr. Bbosa Science
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