The National Budget - The Governments financial plan for the year ahead. It shows expected revenue and planned expenditure. , The department of public expenditure and reform - Assesses each departments request for money and must approve government spending before it can take place, The Department of Finance   - Responsible for all decisions about takes and government borrowing  , Government Revenue - Refers to all money received by the government , Current revenue - Money received by the government on a regular, ongoing or day to day basis. The majority comes from Taxation , Capital Revenue - Money received by the government on an irregular or once off basis. Normal non-tax revenue, Privatisation - The sale of state owned companies into private ownership, Government Expenditure   - refers to all money spent by the government , Current Expenditure - Money spent by the government on a regular or ongoing basis., Capital Expenditure   - Spending on a ‘once-off’ projects or infrastructure that will have long term benefits for the country, Infrastructure  - The basic facilities, structures and services needed for a country to function. It includes water, power lines, transport and communication systems, schools and hospitals ,

Government Revenue & Expenditure Key Words

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