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The EU's budget in 2022 was around €170bn. Of this, €54bn subsidised agriculture enterprise, €42bn was spent on transport, building and the environment, €16bn on education and research, €13bn on welfare, €20bn on foreign and defence policy, €2bn in finance, €2bn in energy, €1.5bn in communications, and €13bn in administration.
Public finance. The United States federal budget is divided into three categories: mandatory spending, discretionary spending, and interest on debt. Also known as entitlement spending, in US fiscal policy, mandatory spending is government spending on certain programs that are required by law. [ 1] Congress established mandatory programs under ...
April 2024. Retrieved 22 April 2024. ^ "International Comparisons of Defence Expenditure and Military Personnel". The Military Balance. 124 (1): 542–547. 31 December 2024. doi: 10.1080/04597222.2024.2298600. ISSN 0459-7222. ^ "Why Russian Military Expenditure Is Much Higher Than Commonly Understood (As Is China's)".
For most governments around the world, the majority of government spending takes place at the federal/national level. As of 2019, in the United States, approximately 55% of government spending is spent by the federal government, while the remaining 45% of government spending is spent by state and local government.
2024–25 Iranian national budget. The Iranian government budget for financial year of 2024-2025 was developed in November 2023. It is the first budget on seventh quininal development program with total spending becoming 2462000 billion. [ 1] Oil budget is reduced %6. The budget is high deficit.
In terms of depth – A 1.5% decline in real gross national income ; a 15% decline in non-agricultural employment; a two-point rise in unemployment to a level of at least 6%. In terms of financial indicators - A significant increase in loan defaults or a tightening of credit conditions by financial institutions, leading to a decrease in ...