This term is most frequently applied to public sector or government budgeting. A budget can also be considered balanced in hindsight after a full year's worth of revenues and expenses have been ...

The government balance (or EMU balance) is the overall difference between ... When expenditure exceeds revenues, this is referred to as a ‘government deficit’ or ‘budget deficit’. Government debt (or ...

This term is most frequently applied to public sector or government budgeting. A budget can also be considered balanced in hindsight after a full year's worth of revenues and expenses have been ...