Question

What is the role of the public sector in resource mobilisation?

• A. To primarily rely on foreign aid and grants for funding development projects.
• B. To focus exclusively on private sector investment and deregulation.
• C. To manage resources solely through direct market mechanisms and private donations.
• D. To play a central role in raising revenue through taxation, fees, and state-owned enterprises.

Answer 1

Answer:

D. To play a central role in raising revenue through taxation, fees, and state-owned enterprises.

• The public sector, through the government, is the primary actor in mobilising resources from the general public through various fiscal and monetary instruments.