![Distinguish between a deficit budget and a surplus budget Distinguish between a deficit budget and a surplus budget](https://digitalteachers.co.ug/wp-content/uploads/2022/09/Bbosa-Science.png)
Distinguish between a deficit budget and a surplus budget
A deficit budget is one where government expected /estimated/ anticipated/ projected/ planned expenditure in a greater than the government planned/ anticipated/ expected revenue in a given financial year.
While
A surplus budget is one where the government expected/ planned/ anticipated / projected expenditure in a less than the government planned / anticipated / expected revenue in a given financial year.
CATEGORIES Economics
TAGS Dr. Bbosa Science