{"id":5289,"date":"2019-02-14T09:03:33","date_gmt":"2019-02-14T03:33:33","guid":{"rendered":"http:\/\/astan.lk\/al_virtualclassroom\/?p=5289"},"modified":"2019-02-16T10:44:44","modified_gmt":"2019-02-16T05:14:44","slug":"government-budget","status":"publish","type":"post","link":"https:\/\/astan.lk\/al_virtualclassroom\/government-budget\/","title":{"rendered":"Government Budget"},"content":{"rendered":"<ul>\n<li>The government budget is the document\/report of proposals that contains the details of expected government expenditure and how the government is expected to collect revenue to meet expenditure for the next year that is presented to the council and approved by it.<\/li>\n<li>Budget can be classified as,\n<ul>\n<li>Deficit\u00a0budget<\/li>\n<li>Surplus budget<\/li>\n<li>Balanced budget<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3><span style=\"color: #000000;\">Expansionary Loans<\/span><\/h3>\n<ul>\n<li>If the loans that are obtained to settle budget deficit increases the money supply in the country, such loans are known as expansionary loans.<\/li>\n<li>Expansionary loans:\n<ul>\n<li>Government obtaining loans from the Central Bank<\/li>\n<li>Obtaining loans from the Commercial Banks<\/li>\n<li>Obtaining foreign loans<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3><span style=\"color: #000000;\">Contractible Loans<\/span><\/h3>\n<ul>\n<li>If the loans taken do not affect the supply of money in the economy, they are known as contractible loans.<\/li>\n<li>Contractible loans:\n<ul>\n<li>Obtaining loans from non-banking institutions<\/li>\n<li>Taking loans from the general public<\/li>\n<\/ul>\n<\/li>\n<li>Contractible budget policies are more fovourable for an economy than expansionary budget policies.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The government budget is the document\/report of proposals that contains the details of expected government expenditure and how the government is expected to collect revenue to meet expenditure for the next year that is presented to the council and approved by it. Budget can be classified as, Deficit\u00a0budget Surplus budget Balanced budget Expansionary Loans If [&hellip;]<\/p>\n","protected":false},"author":842,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[54,2693],"tags":[],"class_list":["post-5289","post","type-post","status-publish","format-standard","hentry","category-economics","category-unit-8-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Government Budget - Learning &amp; Education Portal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/astan.lk\/al_virtualclassroom\/government-budget\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government Budget - Learning &amp; Education Portal\" \/>\n<meta property=\"og:description\" content=\"The government budget is the document\/report of proposals that contains the details of expected government expenditure and how the government is expected to collect revenue to meet expenditure for the next year that is presented to the council and approved by it. 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