Government Spending


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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 ?
Summary: Government spending unlikely to pick up in 2016
Moody's report, entitled "Banking - Saudi Arabia: Moderation in Government Spending is Negative for Saudi Banks, But Credit Profiles will Remain Resilient" is available on Moodys.
Government spending on health in the 2013-2014 fiscal amounted to over QR12.
Since the Great Recession, total government spending has behaved abnormally both in its greater volatility and in its slow growth.
The report shows government spending on health overall fell by 0.
Others claimed that increased government spending would have little to no stimulative effect in the short run and that it might even be contractionary.
Moreover it said that deep government spending cuts will also need to be implemented beyond 2015 if the Chancellor of the Exchequer George Osborne is to even come close to meeting his deficit reduction targets beyond this fiscal year.
Saudi Arabia's government spending is likely to witness a sharp slow down in 2014 thus signaling the kingdom's efforts to curb expenditures after years of huge increases, said a report.
It added that the increase in real GDP in the third quarter primarily reflected "positive contributions from private inventory investment, personal consumption expenditures (PCE), exports, nonresidential fixed investment, residential fixed investment, and state and local government spending that were partly offset by a negative contribution from federal government spending.
In the Budget 2013 the government spending constituted around RO 13.
Most of the panic is a result of the inability of politicians to reach an agreement on government spending.
If the government bought it up and lit it on fire, it would be counted as government spending in GDP.

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