Causes for the increase in Public Expenditure
Some causes for increase in government expenditure are;
- Growth of Democracy. For example, conduct of elections
- Growth of Population. For example, increased birth rate, immigration, etc
- Expenditure on Defence. For example, acquisition of arms
- Expenditure on Welfare. For example, creation of jobs.
- Poverty Alleviation Programmes. For example, creating of new schemes and skill acquisitions programmes by the government of Nigeria to reduce poverty in the country.
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Somtochukwu
Visionary Leader and Development Economist in Nigeria. CEO at Bufiredd Economic Consults Ltd