US EditionCentral Government Revenue and Expenditure
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Central government revenue and expenditure
The central government’s fiscal account shows its total revenue and expenditure. The revenues include tax revenues, contributions to the National Insurance Scheme and petroleum-related revenues. The expenditure consists mainly of transfers, fixed capital formation and operating costs.
As revenues fell, spending continued to increase; in 2024, spending grew 42.5 per cent, driven by increased current transfers
·Bogotá, Colombia
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