Government Spending

(redirected from Fiscal burden of government)

Government Spending

The payment of money by a government for some service it offers. A major example of government spending is payment of salaries for military personnel. Because government spending is financed by some combination of taxes and public debt, the level and recipients of government spending are usually matters of some controversy.
References in periodicals archive ?
But in a reversal from last year, the fiscal burden of government score, which measures how much a government taxes and spends, worsened overall.
The rankings are based on a foundation analysis of 50 economic variables in categories of banking, capital flows and foreign investment, monetary policy, fiscal burden of government, trade policy, wages and prices, government intervention in the economy, property rights, regulation and black market activity.
0 rating in fiscal burden of government, which ranks worse than all but 30 countries in the survey, held it back.