Investor Presentaiton
WHAT IS A
BUDGET?
B
In government, budget refers to the financial plan that sets forth government's expectations for
revenues, and on the basis of these expected revenues, allocates resources for specific purposes
for the good of the general citizens.
It can also be said that budget is the allocation of resources for a particular purpose of an
intended expenditure(s) along with the proposals on how to meet the expenses.
In Government, budget is a financial management tool by which substance is given to an
economic development plan or a medium term strategy.
The Budget is an administrative tool /instrument that confer financial expressions to plans
or strategies employed to accomplish goals stated in a policy document.
In any democracy, every responsible citizen has the right to know how the common wealth is
collected and expended in the delivery of public infrastructure and services.
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