SOURCES OF FINANCE FOR PUBLIC SECTOR ENTITIES

Question 1

1.Sources of finance for the central govt. Eg.

2. Sources of finance for the MDAs . Eg
3. Sources of finance for the MMDAs

Answer 1

1. Sources of finance to central govt is accounted for through the consolidated fund including:
   *. Tax revenues
   *. Non tax revenues
   *. Grants and donations
   *. Petroleum revenues
   *. Other receipts
2. Sources of finance to the MDAs (subvented )are
   * GoG transfers
   * Internally generated funds
   * Grants and donations
3. Sources of finance to MMDAS
   * Decentralized transfers( DACF, GETFUND, etc)
   *IGF
   *Grants and donations