määrärahoituksella

Määrärahoituksella refers to a budgetary instrument in Finnish public finance where a specific sum of money is allocated for a particular purpose or project for a defined period, typically one fiscal year. This method contrasts with the general appropriation, which allows for more flexibility in spending. When funds are allocated as määrärahoitus, the spending is limited to the approved amount and cannot exceed it without further parliamentary approval. This ensures stricter control over public expenditure and helps in planning and accountability for specific government activities or programs.

The purpose of määrärahoituksella is to provide clear budgetary limits and to direct public funds towards predetermined goals. It is commonly used for significant investments, long-term projects, or for departments and agencies with specific operational needs. The Parliament of Finland approves these appropriations as part of the state budget. The responsible ministry or agency then manages these funds, reporting on their utilization. Any unused funds at the end of the fiscal period may revert to the state treasury, depending on the specific provisions of the appropriation. This system promotes fiscal discipline and transparency in the allocation and use of public resources.