Government Expenditure

Government expenditure refers to the money spent by government entities to provide public services and support the economy. This includes funding for education, healthcare, infrastructure, defense, and social welfare programs. Governments allocate funds to ensure the smooth functioning of society and to stimulate economic growth. It is financed through taxes, borrowing, and other revenue sources. Effective government spending can enhance quality of life and promote stability, while inefficient spending may lead to financial difficulties or economic decline. Overall, it plays a crucial role in shaping the welfare and prosperity of a nation.