Annual Budget


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Annual Budget

A plan for an organization or company's expenditures for a fiscal year. Making an annual budget involves balancing an organization's revenue or income with its expenses. A budget is in balance if revenues equal expenditures, it is in deficit if the person or company must resort to borrowing to meet expenses, and it is in surplus if money is left over to be used for savings or expansion.
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The annual budget of the city in 2014 was P628 million, which increased to P691 million in 2015 and P768 million in 2016.
Qudus Bizenjo said while applauding the house for approving the annual budget. Chief Minister Balochistan has announced bonus for the staff of the provincial Assembly who worked in preparing the provincial annual budget.
The debt servicing is 55% of the annual budget earmarked for this purpose.
The Board of Governors endorsed the CBO's 2013 budget, the apex bank's Pension Fund annual budget for 2013 and the Bank Deposit insurance Scheme annual budget for 2013.
Nigeria's 17,500 public officers and their retinue of 24,000 aides consume 1.15 trillion naira annually, while less than 30% of the annual budget is allocated to 160 million Nigerians through provision of social amenities and infrastructure, the local media reported Tuesday (US$1=N158).
Islamabad, May 4 ( ANI ): In an alarming development, the Pakistan federal government has been found to have consumed 91 per cent of the total annual budget in just nine months, while its revenues could not match the reckless spending, resulting in a budget deficit of Rs 1.38 trillion - the highest ever in the country's history.
As for the annual budget project law, he indicated that it shall be tackled during the upcoming sessions by the Council of Ministers.
KABUL(PAN): Minister of Finance Hazrat Omar Zakhilwal presented to Parliament on Saturday a draft annual budget for the coming fiscal year and urged lawmakers to approve the proposed accounts as soon as possible.
Entries would be divided into three categories based on an organisation's annual budget
Abu-Dhabi-based International Renewable Energy Agency (Irena) has denied reports that it is seeking a more than ten-fold increase in its annual budget to promote sustainable energy.
KARACHI, June 12 -- The Sindh government has allocated Rs 3.7 billion for the new schemes of safe drinking water and sanitation in the annual budget 2010-11, Sindh Chief Minister Qaim Ali Shah said in his budget speech on Friday.
During the first fortnight of March 2010, the MCD working committee had passed its revised annual budget of income and expenditure amounting to Rs 104 crore for the financial year 2010-11.

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