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 ?
National will ensure that Treasury has a greater focus on providing sound advice on the effectiveness of Government spending, identifying wasteful spending and driving higher productivity in the public sector, Nationals Finance spokesperson Paul Goldsmith says.
'Government spending [or lack of it] was tagged as one of the culprits for the speed bump that the Philippines hit in the first half.
August 5, 2019 (KHARTOUM) - The Sudanese Finance Ministry has reiterated its commitment to rationalize government spending and strengthen commitment to the fiscal year 2019 goals and directives in controlling and rationalizing spending.
He said there was reduced government spending, suggesting that the effects of the delayed passage of the 2019 national budget crept into the second quarter.
FMIC and UAandP Capital Markets Research said these engines are consumer spending, government spending and investment expenditures.
The Khyber Pakhtunkhawa (KP)'s government spending on education sector had enhanced to Rs142 billion during the financial year 2017-18 from Rs136 billion.
Summary: Decline in government spending to curtail demand and non-oil growth
LONDON: Saudi Arabia's reduction in its budget deficit marks a "stabilization" of its economy but avoiding big hikes in government spending will remain a challenge, according to a new research note.
Over the long term, total government spending has comprised a growing percentage of U.S.
The Finance Ministry has dismissed as malicious and fake news a claim made in an audio recording on government spending involving the Prime Minister's wife, Datin Seri Rosmah Mansor.
The Commerce Department credited the boost in GDP to have been from "personal consumption expenditures (PCE), private inventory investment, nonresidential fixed investment, exports, federal government spending, and state and local government spending" and a decrease in imports.
The lesson to be extracted from the last three decades of taxing and spending is that while tax cuts do indeed stimulate the economy, they are no remedy for the larger problem, which is out-of-control government spending. Indeed, successful economic stimuli such as tax cuts tend to encourage higher levels of government spending, especially when the entire motive for such stimuli is to increase tax revenues.

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