Public Spending

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Definitions

Gross National Expenditure GNE Economy Public Spending Private Spending Imports Exports Macroeconomics

Gross National Expenditure (GNE) is the total of all expenditures of all kinds within an economy, including both public and private spending. Unlike Gross Domestic Product (GDP), GNE includes expenditures for imports but excludes exports.

Definitions

National Audit Office (NAO)

National Audit Office Public Spending Government Accountability Audit Institutions UK Government Financial Auditing Public Sector

The National Audit Office (NAO) is the UK's supreme audit institution responsible for scrutinizing public spending on behalf of Parliament.