Answer to Question #215176 in Finance for Precilla

Question

As a result of imbalance in revenue generation by provincial governments and local municipalities in 

South Africa, intergovernmental grants have been a important source of finance for Local 

Governments. The allocations of these funds for use in the local authorities have been questionable, 

some doubting if the funds are use for what they were earmarked for. Critically discuss, with the aid

of diagrams the conditional no -matching grants with unconditional nonmatching grant (25 marks)

Answer 1

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