Friday, 1 February 2019

1 February 2019 - An Interim Budget

An interim budget, just like a full-year budget, is an annual financial statement of a government's finances. 
It contains key details such as where money comes from (revenue) and where it is spent (expenditure), as well as projections of growth and fiscal position. 
However, unlike a full-year budget, an interim budget covers a smaller period of time, usually few months. 
An interim budget is created by an incumbent government before election. 
This year, the general election - to elect a central government - is due by May, thus an interim budget.

  Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2021 one half to David Card University of California, Berkeley, USA...