Question

Do you think its necessary for the government to increase its expenditure?

Answer 1

Answer:

The government is required that the money reach where it is most needed. It also helps the government to formulate welfare policies. With the help of the budget, the government is able to decide what the tax rates are in different sectors. Investment and spending contribute greatly to the economic development of the country.

Explanation:

The statement of annual income and expenditure of a [Government] is called the Budget of that Government. The Budget of the Government is often duly presented by the [Finance Minister] on a fixed date, passed by the Legislature and approved by the Chief Executive or the President.

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