The PFI aims to deliver public projects and services using ?
Correct answer: B. The private sector
- A. Public borrowing
- B. The private sector
- C. time and motion studies
- D. foreign labour
Explanation
The Private Finance Initiative uses private-sector finance and management to deliver public infrastructure or services, usually under a long-term government contract. It is not simply ordinary public borrowing.
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About Public Finance
Government revenue and expenditure are analysed through taxation, public borrowing, budgets, subsidies, transfers and public debt. The topic explains how fiscal policy affects resource allocation, income distribution, economic stability and growth, while distinguishing direct from indirect taxes, progressive from regressive taxation, and public goods from goods supplied by private markets.
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