2016 Review: Germany was the Only Major Economy in the World with a Government Budget Surplus

Sunday, January 01, 2017


Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments).

A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. 


Share this article :
Blogger Tips and TricksLatest Tips And TricksBlogger Tricks

FB Page

 
Oscar
Copyright © 2005. EconoMaldives - All Rights Reserved