Fiscal imbalance is a mismatch in the revenue powers and expenditure responsibilities of a government. == Fiscal imbalances as differences in net fiscal benefits == A fiscal imbalance emerges when sub-national governments have different abilities to raise funds from their tax bases and to provide services.
Fiscal imbalance is a mismatch in the revenue powers and expenditure responsibilities of a government. == Fiscal imbalances as differences in net fiscal benefits == A fiscal imbalance emerges when sub-national governments have different abilities to raise funds from their tax bases and to provide services.
Source: Wikipedia "Fiscal imbalance" · CC BY-SA 4.0
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