Federal Budget

The Federal Budget is a financial plan proposed by the government of a country, outlining its expected revenues and expenditures for a specific fiscal year. It encompasses all planned income sources, such as taxes and fees, and allocates funds across various sectors, including defense, education, healthcare, and infrastructure. The budget is typically developed by the executive branch and requires approval from the legislative branch, reflecting the government’s priorities and economic policies. It serves as a framework for managing economic activity, facilitating government operations, and ensuring accountability in public spending. The Federal Budget can also influence economic conditions, impacting employment, growth, and social programs within the nation.