Give four reasons why the budget is an important government tool of control to the economy

  • A necessary aspect of planning
  • A tool for correcting development plans that are not feasible
  • A standard measure of government performances
  • Forces the government to prioritise its projects and plans
  • Reflects government monetary policies used to control the supply of money
  • Evaluates the success and failures of the economy
  • Motivates the facilitators to meet the set objective by working hard

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