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TOPICBudgeting

Public budgets serve as a blueprint that guides how governments collect and allocate resources to meet the needs of their citizens. At its core, effective public budgeting ensures transparency and accountability in the management of public funds, fostering trust between the State and the public. It puts forth governments' priorities and the strategic allocation of resources to critical areas such as social protection, education, and others. Moreover, budgets have the power to drive economic stability and growth by directing investments towards sectors that can drive innovation, create jobs, and enhance overall prosperity.

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