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Posted: **Thu Apr 28, 2022 11:39 am**

: Where It Comes From Borrowings And Use Of Government S Assets 26 5 Direct Tax 40 99 Rm 322 540 Million Non Tax Revenue 1 (47.25 KiB) Viewed 15 times

: Where It Comes From Borrowings And Use Of Government S Assets 26 5 Direct Tax 40 99 Rm 322 540 Million Non Tax Revenue 2 (47.25 KiB) Viewed 15 times

: Where It Comes From Borrowings And Use Of Government S Assets 26 5 Direct Tax 40 99 Rm 322 540 Million Non Tax Revenue 3 (17.42 KiB) Viewed 15 times

WHERE IT COMES FROM Borrowings and Use of Government's Assets 26.5% Direct Tax 40.99 RM 322,540 MILLION Non-tax Revenue 194 Indirect Tax 13.2% WHERE IT GOES COVID-19 FUND 5.3% DEVELOPMENT EXPENDITURE General Administration 1.2% Security 2.4% Social 5.7 Emoluments 26.2 Economic 12.14 RM 322,540 MILLION Others 3.0 Debt Service Charges 12.1% OPERATING EXPENDITURE Subsidies and Social Assistance 589 Grants and Transfers to State Governments 2.49 Retirement Charges 8. Supplies and Services 1002
(a) A federal government budget is an itemized estimated financial statement presenting the government's proposed revenues and spending for a financial year Summarize your understanding from the diagram above. (15 marks)