budget

  • FinanceWhat Is Meant By A Balanced Budget?

    What Is Meant By A Balanced Budget?

    A balanced budget is a financial plan where a government or an organization’s total income is equal to or greater than their total expenses. The primary goal of a balanced budget is to achieve economic stability by allocating resources in a responsible and efficient way. A balanced budget requires careful financial management and planning. It involves prioritizing the organization’s needs and determining the appropriate allocation of funds based on those…

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