A general budget is defined as a detailed and approved estimate of public expenditure and revenue for a financial future that is often one year. From this definition, it appears that the general budget has two basic elements: Recognition and Accreditation.  The first term is to estimate the public revenue that the executive is expected to receive, as well as the public expenditure that is expected to be spent to satisfy the general needs of the people over a period of one year. Accreditation is the right of the legislature of democratic States to approve or disapprove of the executive’s expectations of public revenue and expenditure. The federal budget, therefore, remains a mere project until it is approved by the House of Assembly, the legislative branch.

According to French law, the general budget is defined as “the law in which State revenues and expenditures are equally guessed and authorized.” Others define it as “a probability estimate of State expenditures and revenues in a limited time” and some researchers define it as the Government’s financially detailed platform for revenue and expenditure for a given fiscal year.

It was also defined as “a plan that would include an estimate of State expenditure and revenue over a future period, often one year, in the light of the goals pursued by the political power.

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