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Government revenue

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Title: Government revenue  
Author: World Heritage Encyclopedia
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Subject: Public finance, Non-tax revenue, Revenue service, Budgetary policy, Government budget
Collection: Fiscal Policy, MacRoeconomics, Public Finance
Publisher: World Heritage Encyclopedia
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Government revenue

Government revenue is money received by a government. It is an important tool of the fiscal policy of the government and is the opposite factor of government spending. Revenues earned by the government are received from sources such as taxes levied on the incomes and wealth accumulation of individuals and corporations and on the goods and services produced, exported and imported from the country, non-taxable sources such as government-owned corporations' incomes, central bank revenue and capital receipts in the form of external loans and debts from international financial institutions.

Sources

Governments across the world earn "public revenue" from the following main sources:

See also

References

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