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  • Economic Calendar Terms

    Budget Fulfilment

    Economic Expert Group (EEG), Russia
    109012 Moscow
    Vetoshny per.,
    2nd floor, office #206

    The budget of a government is a summary or plan of the intended revenues and expenditures of that government.

    Surplus in general refers to an excess of income over expenditure. Deficit refers to the negative of the budget surplus, thus the excess of expenditure over income.