Effect of fiscal discipline and community development in Enugu State Nigeria

Abstract

The study examined fiscal discipline and community development in Enugu State. Specifically, the determined the extent to which financial discipline affected affordable health care service delivery in Enugu State, Nigeria; to find out how which financial discipline affected rural road maintenance services in Enugu State, Nigeria and ascertain the implications of financial discipline on improved educational service delivery in Enugu State, Nigeria. To achieve these objectives, three research questions were raised while three hypotheses were formulated. The study adopted a descriptive survey research design. The population of the study was 644,670. Taro Yamani formula was employed in determining the sampling size of 400. Data collected for the study was formulated with descriptive statistics using tables and mean scores while Chi-squaretest Analysis was used to test the Hypotheses. The study found that Financial discipline has not significantly improved educational service delivery in Enugu State, Nigeria, Financial discipline has negatively impacted rural road maintenance services in Enugu State, Nigeria and that financial discipline has not significantly improved educational service delivery in Enugu State, Nigeria. However, this research on policy uncertainty, corruption budget deficit has negated the significant relationship between monetary development and economic growth in the short and long term. Advance level of uncertainty, corruption budget deficit has negated the significant relationship between monetary development and economic growth in the short and long term. Hence the research makes it visible that budget policy crowed out of monetary development. Also, outstanding payments have played a major negative impact on the relationship between monetary development and economic growth in terms of long-term plans, hence it also shows that a lack of sustainable budget policy has a destructive effect on financial development and economic growth in the long run. Thus, it is recommended that the government should maintain a healthy debt-to-GDP ratio which is one of the indicators of the debt repayment capacity of the borrowing nation.