National Budget

A national budget is a plan that outlines how a government plans to spend and collect money over a year. It details expected income from taxes and other sources, and divides expenditures into categories like healthcare, education, defense, and infrastructure. The budget helps prioritize government projects and services, ensuring resources are allocated appropriately. It also sets financial targets and guides economic policy. Think of it as a financial blueprint that balances income and expenses to manage the country's economic stability and progress.