II.
Fiscal - Budget
† State´s General Budget (SGB)
is the estimation of revenues
and expenses generated
through the collection of
institutions included in all the
Non Financial Public Sector.
† Central Government Budget
(CGB) is a part of the SGB
that is...
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II.
Fiscal - Budget
† State´s General Budget (SGB)
is the estimation of revenues
and expenses generated
through the collection of
institutions included in all the
Non Financial Public Sector.
† Central Government Budget
(CGB) is a part of the SGB
that is directly managed by the
government and its institutions
through the Finance Ministry.
† Usually takes 2 to 3 years to
execute a fiscal budget.
So
any analysis is always behind
with the real final figures.
Less