Inefficient management of government financial resources Inadequate mobilization of domestic financial resources Mismanagement of government financial expenditures Ineffective control of government finances Financial scandal
Incidence:
In the case of the USA, inadequate controls in programmes that lend money or guarantee loans made by others were reported in 1989 as leading to losses of $100 billion. Losses of $5,000 billion in federal insurance and credit assistance would also be added to previous losses $200 billion in connection with insolvency in savings and loan institutions.