Block Grant

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August 31, 2024 5 min read Definitions

Block Grant: Flexible Funding for Public Sector Programs

Economics Government Regulations Block Grant Public Sector Flexible Funding Government Aid Resource Allocation

A block grant is a form of financial aid provided to an organization in the public sector, allowing them flexibility in determining how to spend the grant. These grants enable efficient resource allocation, tailored to meet specific local needs and priorities.

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