Political finance is all funds raised and spent for political purposes by the political parties and individual candidates during and around elections.
Political Finance is referred to as “All funds used to promote candidates, political parties their policies in elections, referendums, initiatives, party activities, and party organizations.
Political finance is stretched over and regulated by public funding,disclosures,limitations expenses/timelines and bransoncertain funds.
Disclosure is most important component of Political finance which can ensure the transparency and accountability in political and electoral process
Political finance is the costs of democracy, the money in politics.
Healthy democracies require political parties and contesting candidates to disclose accounts and assess for enhanced accountability in election expenditure.
If not controlled or balanced properly, money can be the most complicated and problematic aspect of politics.
