What are sources of public revenue? 

What are sources of public revenue? 

  • Direct and indirect taxation are the major sources of government revenue.
  • Fees; these are charged on services rendered by the government e.g. license fee, stamp duties
  • Borrowing internally or externally by selling securities or from World Bank
  • Printing money by the Central Bank.
  • Fines and penalties charged on law breakers such as traffic offences.
  • Gifts and grants especially from abroad in form of cash and other items
  • Gambling e.g. from National lottery
  • Profits earned from public corporations
  • Revenues from state properties e.g. forests and national parks
  • Local authorities from property rates and government allocations.
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