National Revenue Definition Government

Governments acquire the resources to finance their expenditures through a number of different methods.

National revenue definition government. Government revenue or national revenue is money received by a government from taxes and non tax sources to enable it to undertake government expenditures. Government revenue synonyms government revenue pronunciation government revenue translation english dictionary definition of government revenue. In the 1998 budget provinces and local governments received approximately r9 0 billion in conditional allocations from the national share of revenue. 4 1 3 exclusions from the revenue definition the definition used for revenue in combination with coverage and measurement issues leaves certain.

Governments however also have recourse to raising funds through the sale of their goods and services and because government budgets seldom balance through borrowing. A further r4 2 billion was assigned to provincial agencies responsible for implementing specific policies and programmes on behalf of national. Purposes of the national income and product accounts nipas. National revenue definition in the english cobuild dictionary for learners national revenue meaning explained see also national anthem national curriculum national government national guard english vocabulary.

National revenue definition in english dictionary national revenue meaning synonyms see also national grand national african national congress british national party. Seignorage is one of the ways a government can increase revenue by deflating the value of its. Government revenue income available to the government government income income the financial gain accruing over a given period of time tax. In many cases the most important of these by far is taxation.

Government budget government budget revenue. Government revenue as well as government spending are components of the government budget and important tools of the government s fiscal policy.