For many people, managing their personal finances is a complex job. Balancing income with expenditure, managing debt, paying off major purchases and saving for the future can be a tricky and time-consuming task. However, when it comes to how governments balance their books and finance projects, this level of complexity rises exponentially.
Take, for example, building new schools. In many countries, a central finance ministry transfers funds to the education ministry.
Continue Reading on The National UAE
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.