Public Sector Revenue

Public sector revenue refers to the income that government entities generate to fund public services and operations. This revenue mainly comes from taxes (like income, sales, and property taxes), fees, fines, and sometimes income from government-owned businesses or investments. It is the financial resource the government uses to provide essential services such as healthcare, education, infrastructure, defense, and social welfare. Effective management of public sector revenue is vital for economic stability and ensuring that public needs are met efficiently and sustainably.