Abstract
Society demands greater understanding of where their government funds go and how they are spent. One of the most significant organization that can help to get awareness and data about Governments’ Budget Functional Expenditures is International Monetary Fund (IMF) that united 190 countries-members of IMF. As IMF brings together the most countries in the world by collecting financial statements from its members, this paper was analysed data on Governments’ Budget Functional Expenditures from IMF reports for 2005–2019 fiscal years across G20 countries. To do this some theoretical background was considered. As the result there was point to the importance of Government Financial Statistics data in relation to socio-economic development of studied countries because official statistics in terms of reporting show how much governments spend on public services, in particular through the Classification of the Functions of Government (COFOG). Conclusions reflect some results of this work, limitation and further prospective.
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Antipova, T. (2022). Insights from Some Governments’ Budget Functional Expenditures for the Fifteen Years: 2005–2019. In: Antipova, T. (eds) Comprehensible Science. ICCS 2021. Lecture Notes in Networks and Systems, vol 315. Springer, Cham. https://doi.org/10.1007/978-3-030-85799-8_6
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DOI: https://doi.org/10.1007/978-3-030-85799-8_6
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