Chapter 12 · Art. 204
Equalisation Fund
- There is an Equalisation Fund into which 0.5% of all revenue collected by the national government each year is paid.
Art. 204(1)
(1) There is established an Equalisation Fund into which shall be paid one half per cent of all the revenue collected by the national government each year calculated on the basis of the most recent audited accounts of revenue received, as approved by the National Assembly.
Read the full article → - The fund is used to provide basic services like water, roads, health facilities and electricity to marginalised areas.
Art. 204(2)
(2) The national government shall use the Equalisation Fund only to provide basic services including water, roads, health facilities and electricity to marginalised areas to the extent necessary to bring the quality of those services in those areas to the level generally enjoyed by the rest of the nation, so far as possible.
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- A special fund helps bring basic services like water and roads to poorer areas.
Art. 204(2)
(2) The national government shall use the Equalisation Fund only to provide basic services including water, roads, health facilities and electricity to marginalised areas to the extent necessary to bring the quality of those services in those areas to the level generally enjoyed by the rest of the nation, so far as possible.
Read the full article →