Correct. The government has a spending target, let's say 56% of GDP (that is taxes, how much you can borrow from creditors, and how much money printing you can

Correct. The government has a spending target, let's say 56% of GDP (that is taxes, how much you can borrow from creditors, and how much money printing you can afford). Then they divide that money in categories, and it turns out IT industrial policy got allocated that much money, which they divide into projects. In this project, they build a comittee, which decides the best is to subsidise cool sounding initiatives by well connected, politically correct groups. Top to bottom government spending that goes wasted in politically connected groups that give nothing back to society.