Government document presenting the government's proposed revenues and spending for a fiscal year
This article may need to be rewritten to comply with Wikipedia's quality standards. You can help. The talk page may contain suggestions.(June 2021)
A government budget is a projection of the government's revenues and expenditure for a particular period of time often referred to as a financial or fiscal year, which may or may not correspond with the calendar year. Government revenues mostly include taxes (e.g. inheritance tax, income tax, corporation tax, import taxes) while expenditures consist of government spending (e.g. healthcare, education, defense, infrastructure, social benefits). A government budget is prepared by the government or other political entity. In most parliamentary systems, the budget is presented to the legislature and often requires approval of the legislature. Through this budget, the government implements economic policy and realizes its program priorities. Once the budget is approved, the use of funds from individual chapters is in the hands of government ministries and other institutions. Revenues of the state budget consist mainly of taxes, customs duties, fees and other revenues. State budget expenditures cover the activities of the state, which are either given by law or the constitution. The budget in itself does not appropriate funds for government programs, hence need for additional legislative measures. The word budget comes from the Old French bougette ("little bag").[1]
^Cite error: The named reference :1 was invoked but never defined (see the help page).
A governmentbudget is a projection of the government's revenues and expenditure for a particular period of time often referred to as a financial or fiscal...
Companies, governments, families, and other organizations use budgets to express strategic plans of activities in measurable terms. Preparing a budget allows...
The governmentbudget balance, also referred to as the general government balance, public budget balance, or public fiscal balance, is the difference between...
This is the list of countries by governmentbudget. The list includes sovereign states and self-governing dependent territories based upon the ISO standard...
The United States budget comprises the spending and revenues of the U.S. federal government. The budget is the financial representation of the priorities...
The Budget of His Majesty's Government is an annual budget set by HM Treasury for the following financial year, with the revenues to be gathered by HM...
balanced budget (particularly that of a government) is a budget in which revenues are equal to expenditures. Thus, neither a budget deficit nor a budget surplus...
The local budget of Washington, D.C. is set by the elected District government but must be approved by Congress. As a result, local government functions...
in the budget. Additional budget documents and materials are available on the governmentbudget website and Union Budget Mobile app. Rail Budget, presented...
surplus – public revenue should exceed government expenditure, this avoiding a deficit. Government must prepare a budget to create a surplus. Three other canons...
black budget or covert appropriation is a governmentbudget that is allocated for classified or other secret operations of a state. The black budget is an...
austerity is a set of political-economic policies that aim to reduce governmentbudget deficits through spending cuts, tax increases, or a combination of...
A military budget (or military expenditure), also known as a defense budget, is the amount of financial resources dedicated by a state to raising and maintaining...
proposed conduct of Australian government operations in that period, and its fiscal policy for the forward years. Budgets are called by the year in which...
Budget theory is the academic study of political and social motivations behind government and civil society budgeting. Classic theorists in Public Budgeting...
This list shows the governmentbudget of each country divided by its total population, not adjusted to purchasing power parity. It is based on data from...
federal budget for fiscal year 2024 runs from October 1, 2023, to September 30, 2024. From October 1, 2023, to March 23, 2024, the federal government operated...
federal governmentbudget balance from year to year, not the cumulative amount of debt. In a deficit year the national debt increases as the government needs...
analysis is based on the insight that when the government sector has a budget deficit, the non-government sectors (private domestic sector and foreign sector)...
or budget deficit: the opposite of budget surplus. The term may be applied to the budget of a government, private company, or individual. Government deficit...
The United States federal budget for fiscal year 2022 ran from October 1, 2021, to September 30, 2022. The government was initially funded through a series...
£1,189 billion. The UK government has spent more than it has raised in taxation since financial year 2001-02, creating a budget deficit and leading to...
Global annual military spending tops $1.2 trillion Arms industry Military budget Past military expenditure by country List of countries by military expenditure...
expenditure. Government revenue as well as government spending are components of the governmentbudget and important tools of the government's fiscal policy...
The Budget of the Government of Puerto Rico (Spanish: Presupuesto del Gobierno de Puerto Rico) is the proposal by the Governor of Puerto Rico to the Legislative...
A budget process refers to the process by which governments create and approve a budget, which is as follows: The Financial Service Department prepares...
approval. In 2011, the government introduced a bill to amend article 34 of the Constitution to ensure a balanced budget. The French budget concerns only spending...
Global Information