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The government budget is an
Half yearly statement
Weekly statement
Five yearly statement
Annual statement
- The government budget is a financial plan that outlines expected revenues and expenditures for a specified period.
- Annual Statement (Option 4): The budget is typically prepared once a year, detailing financial plans for the coming fiscal year.
- Half Yearly Statement (Option 1): This refers to a financial statement compiled every six months, but is not standard for a government budget.
- Weekly Statement (Option 2): Such frequent updates are typically not feasible for comprehensive government budgets.
- Five Yearly Statement (Option 3): Governments may have long-term plans, like a five-year plan, but the budget is prepared annually.
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