Home » Political Finance
What is Political Finance
2018-06-24
- 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.