So although we can be absolutely sure that much public R&D in this country will be misspent, we simply have no alternative but to push ahead with wind, wave, electric cars and carbon capture research.
But that time, provided through unprecedented programmes of monetary stimulus since the financial crisis of 2008, has been misspent.
Money misspent one year is clawed back the next.
Funds allocated for social projects would end up lining the pockets of the older generation or were misspent.
According to the finance minister, it is Human Rights Watch, a pesky New York-based lobbying group that accused Angola's rulers last week of having filched or misspent $4.2 billion in five years.
Businessmen complain that the money is being misspent on a bloated, debt-ridden public sector.
Consumers must also pay more for electricity, which is heavily subsidised and subject to power cuts.Squeezing people will be hard when many suspect that taxes are misspent.
The charm of telesalafism Dogma and purity v worldly politics ReprintsA former senior World Banker, Oby Ezekwesili, reckons that $400 billion of Nigeria's oil revenue has been stolen or misspent since the country's independence in 1960.
One is the risk that the Azerbaijani windfall will be misspent.
A large share of tax revenues has been transferred to local authorities, though so far with disappointing results: much has either been misspent or gone unspent.
Last year the federal construction company, Gosstroi, took the management of the restoration works over from the city, after Mr Putin himself had complained that federal funds had been misspent.
