budget surplus

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Related to budget surplus: budget deficit

Budget surplus

The amount by which government revenues exceed government spending.

Budget Surplus

The amount by which revenue exceeds expenditures. A budget surplus means that the budget is likely healthy, at least in the short-term, and that the government, company or individual it regards does not have to resort to borrowing. A company must have a budget surplus in order to make a profit. See also: Deficit.

budget surplus

a surplus of TAXATION receipts over GOVERNMENT EXPENDITURE. Budget surpluses are used as an instrument of FISCAL POLICY to reduce the level of AGGREGATE DEMAND in the economy. See BUDGET (government), BUDGET DEFICIT, PUBLIC SECTOR DEBT REPAYMENT.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

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Sindh had shown budget surplus of Rs55.6 billion, as its expenditures recorded at Rs765 billion compared to the revenues of Rs820.6 billion.

Enormous deficit in tax collection deprives provinces of Rs192 billion

The budget surplus decrease was linked to decrease in revenues by 17.4% caused by the decrease in tax income from Kumtor mine and decrease in VAT on imported goods.

State budget deficit expected at 1.7% of GDP in 2019: EDB

"Meanwhile, the Conservatives' slim majority in the House of Commons likely means it will be impossible for the Chancellor to get political support for a further intensification of austerity in order to obtain a budget surplus."

Chancellor faces uphill struggle to balance the books

Even at the conservative oil price assumption of $65 a barrel, Qatar had projected a budget surplus of QR7.3bn in the current financial year.

Qatar is set for budget surplus despite oil dip

The report, issued by the research department of Jadwa Investment Company, said this year's budget surplus could reach 3.5 percent of the gross domestic product as a result of higher oil exports.

KSA boom: Revenues to exceed SR1.17 trillion

which last year posted a budget surplus for the first time in a

Greece achieves 1.8-billion-euro budget surplus in first half of 2014

The last time the government incurred a budget surplus in the month of May was in 2008, when it registered a P7.02-billion excess.

Gov't posts another budget surplus in May

"Although the budget surplus might seem low compared to the surplus of last January, which was TL 5.9 billion, the amount last year came largely from the TL 4.2 billion of privatization revenue.

January budget spending surges 16.4 pct to TL 36 bln

non-investment related social spending such as the welfare state, to be in a position to produce an annual budget surplus into the

Kuwait's budget surplus erodes in first nine months of fiscal year

M2 EQUITYBITES-January 15, 2014-Greece expected to meet target of primary budget surplus

Greece expected to meet target of primary budget surplus

BANKING AND CREDIT NEWS-January 15, 2014-Greece expected to meet target of primary budget surplus

Greece expected to meet target of primary budget surplus

The world's largest oil exporter also expected to conclude this year with a budget surplus of 206 billion riyals.

Saudi announces record $228b budget for 2014

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