Introduction
The topic Public Finance and Fiscal Policy deals with:
- Principles and problems of taxation.
- Characteristics of a good tax system.
- Classification of taxes.
- Public debt.
- The
principles of public borrowing and debt management,
planned surpluses and deficits. - Debt financing versus taxation financing.
- Taxation, expenditure, and borrowing as instruments of economic control.
- The budget as an instrument of economic and social policy.
- The role of public finance in development.
- The structure of taxation and expenditure in Uganda.