Abstract

Recent studies have found that resource-rich low-income countries are better off investing their resource revenues domestically rather than saving them abroad in a sovereign wealth fund (SWF). This work finds an optimal rule-based policy of accumulating public capital and its associated public investment budget in a perfect equilibrium model.

In this research study, the born of contention is; how effective is the implementation of public investment budget to the people of Kumba 1 Sub-Division, what are the challenges faced in the implementation of public investment budget in Kumba 1 Sub-Division and The impact of the public investment budget to the people of Kumba 1 Sub-Division, shows how to implement and realize the public investment budget and well executed so it can benefit the habitants of Kumba 1 Sub-Division.

The aim of this research is to see the effectiveness and successfulness of the implementation of public investment budget, the methodology used in this research is quality method, the theory used in this research work is classical organization theory.

The findings in this research shows that public investment budget in Kumba 1 Sub-Division is due to the polices put in place by the council to improve their livelihood, the theory used in this res According to the findings, some projects could not be realized because of embezzlement and corruption within the authorities and some stakeholders. Based on the this, the research recommends that there should be seminars and meetings to educate some contractors and workers so as to improve on their output.

Equally, there should be a committee to follow up contracts when awarded to contractors so that they can execute their projects in time. The study was carried out to equip the citizens of Kumba 1 Sub-Division with skills, knowledge to see how to Public investment budget to develop their community.

The purpose, importance and some methods used in securing the citizens, train them and help them develop Skills in public investment budget as well as factors affecting their activities were discussed.

Based on the review and discussion made, conclusions and recommendations that aim at improving awareness in Kumba 1 Sub-Division about public investment budget and performance were made with regard to holding regular meetings to educate the population on how they can collaborate with authorities to better improve their community

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