- How to reply to these two threads discussion?
- Fiscal policy: Fiscal policies are policies that governments use as a tool to control and inuence the economy. - budget surplus: Budget surpluses occur when revenues exceed expenditures and often deal with governments. - budget decit: Decit occurs when the government (or any other entity) spends more money than it earns. Against the budget decit, there is a budget surplus. - balanced budget: A balanced budget (especially for a government} is a budget whose revenue is equal to its expenditure, has no budget decit, and no large budget. - How do taxes help balance the budget? Taxes and tax system can play an effective role in the development process of the country. In this regard, by applying appropriate tax policies and even the necessary tax incentives can help balance the production, distribution and exports to the country's economic prosperity. - Does Qatar has a balanced budget? Based on the Ministry of Finance, Qatar estimates will have budget decit in 2021. Once the expenditure is higher than revenues, the country' will face with budget deficit. https :wawmof. gov.qafeanagesfStateBudgetZl 1 .aspx Fiscal policy Fiscal policy is the intended change in the government spending and taxes to influence the economic conditions, it is done to either stimulate the economy or to slow down the economy Budget surplus Budget surplus occurs when the revenue of an economy is more than the payments or the expenditure Budget deficit Budget deficit occurs when there is short in revenue and is less than the a payment or expenditure Balanced budget Balanced budget happens when revenue is equal to expenditures. It occurs when there is no budget deficit. Balanced budget can also occur when there is budget surplus. How do taxes help balance the budget? Ta): can help in balancing the budget, if there is deficit in the economy. it is better to increase the tax. This will lead to decrease in the government's spending and thus decreasing the deficit. And if there is surplus in the economy. it is better to decrease the tax and thus increasing the government's spending. Does Qatar has a balanced budget? As per 2021. the government expects revenue of Qar 160.1 billion and expenditure of Qar 194.7 billion which means there can be a budget deficit of Clar 34.6 billion. The main source of revenue for lElatar is from the sale of oil and gas. One of the main reasons for the budget deficit is because government's high spending on the infrastructure for the 2022 Fifa world cup
