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Line-item budgeting: In line-item budgeting (also known as the traditional budgeting), the government budget is divided into a list of items which the government plans to spend its money on. The expenditures often exceed the budget, but the majority of the spendings follows the budget plan.
A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money.
Download as PDF; Printable version; In other projects Wikimedia Commons; ... List of countries by government budget; List of countries by government budget (PPP)
The United States federal budget is divided into three categories: mandatory spending, discretionary spending, and interest on debt. Also known as entitlement spending, in US fiscal policy, mandatory spending is government spending on certain programs that are required by law. [1] Congress established mandatory programs under authorization laws.
Government budgets is included in the JEL classification codes as JEL: H61 Wikimedia Commons has media related to Government budgets . This category is for articles related to government budgets , including specific budgets enacted as well as related issues.
Download as PDF; Printable version; In other projects Wikidata item; ... 1970 government budgets (1 P) 1971 government budgets (1 P) 1972 government budgets (2 P)
Download as PDF; Printable version; In other projects Wikimedia Commons; Wikidata item; Appearance. ... Government budgets (8 C, 35 P) Pages in category "Budgets"
Most government budgets are calculated on a cash basis, meaning that revenues are recognized when collected and outlays are recognized when paid. Some consider all government liabilities, including future pension payments and payments for goods and services the government has contracted for but not yet paid, as government debt. This approach is ...