Thesis On Budget Implementation

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The recommendations that result from the study are to add the topics to budget analysis of Bangladesh and Australia.

Finally, means of increasing operational efficiency in government must be sought.

None of these can be accomplished unless financial constraints are built into the process from the very start.

From the collected information, I analyzed different sectors and aspects of budget of two countries and make comparison of those.

On the basis of the comparison, I find that there is a huge difference between two countries budget in different respective sectors.

Accordingly, the budget formulation process has four major dimensions:# Setting up the fiscal targets and the level of expenditures compatible with these targets.

This is the objective of preparing the macro-economic framework.# Formulating expenditure policies.# Allocating resources in conformity with both policies and fiscal targets.

Normally a budget describes a period in the future not the past.

The amount by which a government, company, or individual’s spending exceeds its income over a particular period of time also called deficit or deficit spending, opposite of budget surplus.

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