Public Budgeting and Finance

Public budgeting and finance refer to how governments plan, allocate, and manage money to provide services and fulfill their responsibilities. It involves estimating revenues from taxes and other sources, prioritizing spending on essentials like education, healthcare, and infrastructure, and ensuring accountability in how funds are used. This process aims to balance resources with community needs, foster economic stability, and improve public welfare. Effective public budgeting helps ensure transparency, equity, and efficiency in delivering government services to citizens.