An Evaluation of Public Sector Budgeting and Its Influence on Fiscal Responsibility in Bogoro LGA
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- NGN 5000
Background of the Study
Public sector budgeting is a crucial process for ensuring the responsible allocation of government resources. In Bogoro LGA, the quality of budgeting practices can directly influence fiscal responsibility, which affects the efficient use of public funds and the delivery of public services. This study aims to evaluate public sector budgeting practices in Bogoro LGA and explore how these practices impact fiscal responsibility, focusing on the efficiency and transparency of fund allocation.
Statement of the Problem
In Bogoro LGA, there are concerns about the adequacy and transparency of public sector budgeting. Ineffective budgeting and lack of fiscal discipline can result in misallocation of resources, inefficiencies, and corruption, ultimately hindering the development of the local government. This study will assess the budgeting practices in Bogoro LGA and explore their role in ensuring fiscal responsibility and accountability.
Aim and Objectives of the Study
1. To evaluate the budgeting practices employed in the public sector in Bogoro LGA.
2. To assess the impact of these budgeting practices on fiscal responsibility and resource allocation.
3. To propose improvements in public sector budgeting to enhance fiscal responsibility and transparency.
Research Questions
1. What are the current budgeting practices in the public sector in Bogoro LGA?
2. How do these budgeting practices affect fiscal responsibility and accountability in the local government?
3. What recommendations can be made to improve public sector budgeting and fiscal responsibility in Bogoro LGA?
Research Hypotheses
1. H₀: Public sector budgeting practices do not significantly influence fiscal responsibility in Bogoro LGA.
2. H₀: Ineffective budgeting practices do not lead to misallocation of resources in the public sector in Bogoro LGA.
3. H₀: Improving public sector budgeting practices will not enhance fiscal responsibility in Bogoro LGA.
Significance of the Study
This study will provide insights into the effectiveness of public sector budgeting in Bogoro LGA and offer practical recommendations for improving fiscal responsibility. The results can guide policymakers in developing more efficient budgeting processes to ensure transparency and accountability in the use of public funds.
Scope and Limitation of the Study
The study will focus on the public sector budgeting practices in Bogoro LGA and evaluate their impact on fiscal responsibility. Limitations may include challenges in accessing detailed budgetary information from local government offices or lack of transparency in budgeting processes.
Definition of Terms
• Public Sector Budgeting: The process by which government bodies allocate and manage financial resources to achieve public goals.
• Fiscal Responsibility: The practice of managing government finances in a way that ensures sustainability, accountability, and transparency.
• Resource Allocation: The process of distributing financial resources across various government sectors and projects.
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