In this essay, I will explore the UK budget information and show how the money is spent by the government.
The total budget is £315 billion in 1996. The social security has the biggest segment of the total budget expenditure, £100 billion. Health and personal social services comes next with £53 billion of expenditure.The education is in 3rd place with £38 billion. Other expenditure and debt interest cost £23 billion and £25 billion respectively, where defense is £22 billion. The rest of the expenditures were distributed to the law and order, industry, agriculture and employment, and housing, heritage and environment which is considered small compared to others and they cost £17 billion, £13 billion and £15 billion respectively.
From that we can see that three categories have the biggest cut of the budget where the rest have the small cut.
Total words: 150
No comments:
Post a Comment