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 ?
Traditional Keynesians consider the fiscal policy to be counter-cyclical during recession vice versa during boom, as there exists a positive correlation between tax rates and output while the correlation between government spending and output is negative [Hunt (2005)].
It's an article of faith among modern Democrats that employment and the overall economy depend on government spending.
The Ministry of Finance will introduce a new computerised financial surveillance system to rationalise government spending.
For the truth is that on at least one dimension, government spending, there was a large difference between the two presidencies, with total government spending adjusted for inflation and population growth rising much faster under one than under the other.
Summary: JUBAIL: Heavy government spending and increased economic activity will see a strong demand for cement in 2012, according to a new report from NCB Capital.
To illustrate, in 1997 aid accounted for almost a third of government spending on average in low-income or sub-Saharan African countries, and over 100% in some countries.
As part of the annual revision of the national income and product accounts released in July 2011, the Bureau of Economic Analysis (BEA) continues with its effort to release updated tables that show government spending by function, that compare BEA accounts with other data, and that show separate statistics for state governments and local governments.
Summary: Finance Minister Mohammad Safadi has agreed to bump up government spending in agriculture, Agriculture Minister Hussein Hajj Hasan said after a meeting with Safadi Thursday.
The government spending on GCC infrastructure projects worth $452 billion will begin to resonate in regional property markets within the next 12 months, according to leading regional developer Damac Properties.
THE company that helped design the Olympic Park today posted a 21 per cent decline in UK profits after government spending cuts hit domestic demand.
Summary: Oman government spending, Oman government spending increased, Oman government spending increased government spend 20 percent, Oman government spending 20 percent social programs
Drags on the growth rate included federal government spending, local government spending, and imports.

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