Government Expenditure Definition, Public Expenditure

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Public Expenditure

Government expenditure refers to the purchase of goods and services which include public consumption and public investment and transfer payments consisting of income transfers pensions social benefits and capital transfer. The amount a government spends in a particular period. Government public expenditure the current spending and investment by central government and local authorities on the provision of social goods and services health education defence roads etc marketed goods and services coal postal services etc and transfer payments jobseekers allowance state pensions etcin the circular flow of income model transfer payments are excluded.
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The amount a government spends in a particular period.

Extension of furlough scheme self employed. Government spending definition each year governments worldwide allocate funds to health care education national defense social services and more. Government expenditure refers to the funds and resources allocated by the government to social goods and services such as health care education and infrastructure.

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Government Expenditure Definition, Public Expenditure

The amount a government spends in a particular period.

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