Assignment On Public Finance Course No: 306 Topic: Budget FY2012-2013 “A Critical Analysis” Submitted To Tanvir Mohammed Haider Arif Assistant Professor Finance & Banking University of Chittagong Submitted By 3rd Year B.B.A (Mid-term) Finance & Banking University of Chittagong Date of Submission: 19th July‚ 2012 Group Members No. Name ID Email 01 Upama Biswas 09303024 upamabrishty@gmai.com 02 Sunjida Parveen 09303038 03 Farjana Akter 09303039
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expenditures and revenues for the ensuing fiscal year. In modern industrial economies‚ the budget is the key instrument for the execution of government economic policies. Because government budgets may promote or retard economic growth in certain areas of the economy and because views about priorities in government spending differ widely‚ government budgets are the focus of competing political interests. The budget has been announced with eight major objectives including creating employments‚ maintaining
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Budget Deficit For many decades‚ there has been a concern for the deficit within the United States. Many politicians‚ authors‚ newscasters‚ and citizens have expressed their distress in order to resolve or control the issue. Keynesian economic theory states that running a budget deficit is okay‚ as long as the deficit is not exorbitantly large and is not carried for a long period of time. Even though many experts agree with this notion‚ having a deficit at all is important to the present and
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History of Indian Budget India’s first Finance Minister Sir R.K. Shanmugham Chetty‚ presented the first Finance Budget of independent India on November 26‚ 1947. Since then‚ 28 differentUnion Finance Ministers have been presenting the budget year after year. Initially‚ major attention was paid towards the agriculture sector but as the economy evolved‚ the focus shifted from agriculture to other sectors like industrial‚ financial etc. During the early the fifties‚ Indian budget highlights revolved
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Unit 330 Agree a Budget Before developing a draft budget I have the previous financial year’s budget‚ income statements and the cash flow for my consideration within the future budget. It was really helpful although the new orders are due within the next year and I had to recalculate income and variable expenses. I have prepared a list of all the incomes and expenses and put them together to use as estimations for developing a draft budget. This list should always be prepared before the start
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Running head: Budget Development Analysis Budget Development Analysis University of Phoenix Education Finance and Budgeting/EDA 538 Dr. Pamela Wilkins March 21‚ 2009 Budget Development Analysis The budget of a school is potentially the most important step in the daily operation of a school district. Every decision that is made affects staff‚ students‚ programs‚ services and daily operations at the core of the school environment. Every decision can affect the success or failure
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federal government. OMB works with Congress on congressional appropriations‚ authorizing‚ and budgeting processes to enact the President’s Budget and legislative proposals. OMB coordinates the Administration’s proposed legislation‚ testimony‚ reports‚ and other documents to ensure consistency with Administration policies‚ including the President’s Budget. OMB also prepares Statements of Administration Policy for certain bills scheduled for House or Senate floor action‚ analyzes legislation that
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FOCUS ON BUDGET 2013 budget was enacted to improve the standard of living in the country. The Government will also ensure that people get the best services and maximum benefits as a result of the implementation of development programs and projects. Therefore‚ the 2013 budget is designed themed "MEMAKMUR NEGARA‚ MENSEJAHTERA RAKYAT: A promises are kept" by focusing on five key focus. The five focus was to stimulate investment activity; strengthen education and training; entrenched innovation‚
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What goes in a marketing budget? A marketing budget typically covers costs for advertising‚ promotion and public relations. Each amount varies based on the size of the business‚ its annual sales and how much the competition is advertising. Depending on the industry‚ marketing budgets can range from as low as 1% of sales to over 30%. New companies may spend as much as 50% of sales for introductory marketing programs in the first year. Smaller business may just try to match the spending of their direct
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Budget Critique The budget for the city of San Clemente‚ California‚ fiscal year 2011 can be found at the following link: http://ci.san-clemente.ca.us/sc/org/Finance/Downloads/Budget/Download/00_2011_Budget_Adopted.pdf The budget for the city of San Clemente has received the Distinguished Budget Presentation Awards from the Government Finance Officers Association for the past 17 years. Not surprisingly‚ considering those honors‚ the city’s budget is organized
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