public expenditure | government spending

Public expenditure is a part of public finance. It is expenditure of the government. Public expenditure is the expenditure incurred by public authorities that is central,state,local government for promotion of economic and social welfare . It is for protecting people and promoting their social and economic welfare. It is important as citizen aspect a lot from their country and is measured with public expenditure made by government in previous year.it is spending made by government.

In the past,the subject of public expenditure was neglected because expenditure of government was very small and there was no proper classification of expenditure . The function of government were restricted to arms,police and justice . Now situations have changed and public experience has a great significance.


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