A robust national financing system is necessary for the success of developmental initiatives, effective delivery of social services, environmental quality, attraction of business and private investments and overall sustainability of economic development. Inappropriate handling of the financial system leading to any fiscal malfunctions including increased dependence on foreign countries, a draw on the income of future generations to meet current needs, unethical governmental spending and unscrupulous manipulation of governmental expenditures are some examples of abuse of the financial system.
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