Public Finance

Governance

The Public Finance issue frames a situation where nations provide the foundation for a sustainable economic and social development. This issue is underrepresented in the Agenda 2030 and enriched here. A healthy financial state of local governments implies that government budgets are balanced (no deficit) and the public resources are used wisely to cover public expenditure programs enhancing healthy development of the society in line with priority issues identified.

As proxies to measure the state of the Public Finance issue, the GAPFRAME includes the following two publicly available indicators: government debt (SSI, 2014) which represents general government debt as a percentage of GDP, and budget balance (WEF GCI, 2005-2014) that reflects a general government budget balance as a percentage of GDP.

Map Public Finance Placeholder
Map Public Finance