PAD410

University of Botswana

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Recurrent and Development budgeting
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7

september 2025

2024/2025
This study note provides a comprehensive analysis of recurrent and development budgeting, two essential methods of fund allocation in public finance. It clearly distinguishes between the two by examining budget flexibility, process of fund allocation, and practical examples from the central and local government of Botswana. The document also explores why debt financing is more suitable for development budgets than recurrent budgets, highlighting long-term benefits and risk considerations. Per...
theotshotlego01
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