Government expenditure
Definition: Spending by central government and local authorities on the provision of goods and services, transfer payments and debt repayments.
Related glossary term: ...
Government expenditure
Spending by national and local government and some government-backed institutions. See fiscal policy, golden rule and budget.
Government revenue ...
GOVERNMENT EXPENDITURES: Spending by the government sector including both the purchase of final goods and services, or gross domestic product, and transfer payments.
Table 1 Government Expenditure as a Percentage of GDP
France
Germany ...
2.1 Audit of government expenditure
3 Governance and Oversight
4 Stages of an audit
4.1 Planning and risk assessment
4.2 Internal controls testing
4.3 Substantive procedures
4.4 Finalization ...
When federal government expenditures are exceeded by federal government revenue.
Federal Farm Credit Bank ...
Federal deficit (surplus) When federal government expenditures are exceeded by federal government revenue.
In the government budget, the deficit is the excess of government expenditures over receipts from taxes.
Deficit financing
1.
government expenditure Also known as Government spending. Along with consumer and business spending,... Government Expenditures - Euro-zone The value of spending by Euro-zone governments. Euro-zone Government Expenditures...
A budget surplus arises if government revenue exceeds the government expenditure. A budget surplus will have a deflationary effect on the economy. A budget deficit arises if government expenditure exceeds government current revenue.
Fiscal [r]: relating to taxation and government expenditure. [e]
Fiscal expansion [r]: An increase in the budget deficit occurring as a result of a fiscal stimulus or of the operation of an economy's automatic stabilisers. [e] ...
Government expenditures and revenue in France during the 17th century went from about 24.30 million livres in 1600-10 to about 126.86 million livres in 1650-59 to about 117.99 million livres in 1700-10 when government debt had reached 1.
Deficit spending represents an overload of government expenditures over government revenue, creating a shortfall or deficit that needs to be financed.
During World War I many nations of Europe abandoned the gold standard in an attempt to use inflationary policies to fund government expenditure. This had a number of economic consequences in its own right.
Private domestic consumption and government expenditure in areas such as infrastructure have at least partially offset the impact of decelerating export growth.
circumstance resulting when government expenditures exceed government income. To finance this difference, the United States Treasury will auction Treasury bills, notes, and bonds.
For any government, the structural deficit is the difference between government income (usually tax revenue) and government expenditure (health service, defence, education etc.), ...
Government purchases - All government expenditure on currently produced goods and services, exclusive of government transfer payments. Represented by the symbol G as one of the four components of aggregate expenditure.
DEFICIT SPENDING - an excess of government expenditures over government revenue, resulting in a shortfa...
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previous 10 ...
UK government stocks UK government stocks used to finance government expenditure. They are regarded as a very safe investment.
Exchequer stocks - Related Articles
The Global Risk Map and the Current Credit Crunch
Viewpoints ...
Personal Consumption 58%
Government expenditure 22%
Business Investment (buildings and equipment) 17%
Government Investment 4%
Net Exports -1%
Total 100% ...
The part of a national economy accounted for by government expenditures and state-owned or state-controlled enterprises. See also Nonmarket Economy; Private Sector.
PUBLIC LAW 480 ...
Fiscal policy The discretionary changing of government expenditures and/or taxes in order to achieve national economic goals, such as high employment with price stability.
There is also an element of automatic stabilisation that comes from the rise in government expenditure relative to tax revenues when an economy shrinks.
Categories:
Economics ...
Financing government expenditure by issuing Ad-hoc Bills to the RBI caused an increase in the outstanding RESERVE MONEY, i.e., money created by the RBI. This situation was compounded by the REDISCOUNTING of tap T-Bills by banks with the RBI.
In the early 1970s, inflation caused by rising prices for imported commodities, especially oil, and spending on the Vietnam War, which was not counteracted by cuts in other government expenditures, ...
Deficit Spending
A shortage that is financed by government borrowing. This shortage occurs when the amount of government expenditures exceeds government revenues.
See: Deficit Financing ...
S. Department of the Treasury as a means of borrowing money to meet government expenditures not covered by tax revenues. There are three types of marketable Treasury securities-bills, notes and bonds.
Government expenditure
Government Income Funds
Government mortgage
Government National Mortgage Association
Government National Mortgage Association (Ginnie Mae)
Government National Mortgage Association (GNMA)
Government obligations
Government Paper ...
Fiscal Policy
The aspect of Government economic policy dealing with tax, welfare payments and government expenditure. (See also Monetary Policy).
Fixed Assets
See Assets.
They present a wide-ranging overview of economic performance, including output, income growth and inflation. The National Accounts also show measures of government expenditures, revenues and budget balances.
It includes merchandise trade payments, payments and receipts on account of shipping services, tourist services, financial services, government expenditures, short and long term capital movements, interest and dividends, gold movements, etc.
The Excess Crude Account was established in 2004, and its objective is primarily to protect planned budgets against shortfalls due to volatile crude oil prices. By delinking government expenditures from oil revenues, ...
reforms intended to open recipient countries to private investment and increase the recipient's competitiveness in the global economy. Reforms are usually orientated towards liberalisation, privatisation and reduction in government expenditure.
[FRB][FRBC] automatic stabilizers Measures built into the governments budget that cause its spending to increase and its tax revenues to decrease when the economy goes into slumps, and that cause government expenditures to decrease and taxes ...
 See also: Government expenditures, Banks, Expense, Saving, Intervention
  
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