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Self-reflective Tories drop hints on budget, evironment and social policy
Sunday, March 25th, 2012
Mar. 11, 2012
Human Resources Minister Diane Finley… suggested the government is looking at creating “social impact bonds,” which are contracts between government and private investors to fund social programs. Payment from the government is tied to program outcomes. “Essentially the social impact bond has the effect of moving risk from the current state of affairs where government – and taxpayers – pay up front without a real way of guaranteeing performance, to the social group itself who will be ‘paid for results,”
Tags: budget, ideology, tax
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