Governments can finance e-Government projects by issuing bonds, on either the domestic or international capital markets, with the interest on the bonds to be paid for by proceeds from the project or from general tax revenues. Bond financing may be cheaper than bank loans. Issuing bonds may allow the government to obtain all the funds it needs for a project up-front. Issuing bonds may also allow for longer maturity debt than bank loans. See Michael G. Mimicopoulos, “E-government funding activities and strategies,”  UNDESA (2004), pp. 14-15.

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