Image for Electoral Funding and Disclosure

Electoral Funding and Disclosure

Electoral funding and disclosure refer to the rules governing how political parties and candidates raise and spend money during elections. Funding involves contributions from individuals, organizations, and parties to support campaigns. Disclosure requires these entities to publicly report their financial activities, ensuring transparency about where the money comes from and how it’s used. This process aims to prevent corruption and maintain fair competition in elections, allowing voters to make informed decisions and understand the influences behind political campaigns. Overall, it promotes accountability and fairness in the democratic process.