riigieelarveid

Riigieelarveid, also known as national budgets, are the financial plans of a country for a specific period, typically a year. They outline the government's expected revenues and expenditures, providing a roadmap for public spending and tax collection. National budgets are prepared by the government and are subject to approval by the legislature. They cover a wide range of areas, including healthcare, education, infrastructure, defense, and social welfare. The budget process involves several stages, including budget formulation, adoption, execution, and evaluation. Budget formulation involves setting priorities, estimating revenues and expenditures, and preparing the budget document. Adoption is the process by which the budget is approved by the legislature. Execution involves implementing the budget, while evaluation assesses the budget's performance and makes recommendations for future budgets. National budgets play a crucial role in economic planning and policy-making, as they help allocate resources efficiently and ensure that public services meet the needs of citizens.