SOURCES OF FINANCE TO PUBLIC CORPORATIONS

SOURCES OF FINANCE TO PUBLIC CORPORATIONS

 Loans and overdrafts: Public corporations can obtain loans and overdrafts from commercial or development banks.

 Internally generated revenue: Public corporations can also raise capital from revenue generated internally.

Grant from government: Most of the fund available to public corporations are mainly from grants given by government.

Grant from international financial institutions: Public corporations can also derive their fund from some international financial institutions such as the International Monetary Fund (I.M.F.) and African Development Bank (ADB).

Grant from foreign countries: Foreign countries can also give grants or finance for the setting-up or running of a public corporation as a special aid, e.g. Britain. United States of America and Japan.

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