National Budgeting

National budgeting is the process by which a government plans and manages its income and expenses over a set period, typically a year. It involves estimating revenues from taxes, fees, and other sources, then deciding how to allocate funds across various sectors like healthcare, education, infrastructure, and defense. The goal is to ensure financial stability, support economic growth, and meet public needs while maintaining fiscal discipline. A well-crafted budget balances income and spending to promote sustainable development and accountability in government financial management.