National Participation Paper

Definition of "National Participation Paper"

A proposed financial instrument for raising funds by the government. The governments can raise funds for financing asset-creating expenditures. The paper will carry a return to be calculated according to an average rate of return on similar projects by private sector. The government can create a research organization responsible for collecting and analysing data on the rate of return of various types of private sector organizations. This rate of return will become operative for each type of paper issued by the government.