Whales: Giants of the Ocean Whales are among the largest

The budget should provide credible guidance on fiscal policy. A government’s budget is a comprehensive financial plan for: Identifying resource allocation/spending priorities Providing a framework for implementing policy goals Ensuring fiscal discipline and promoting accountability An analysis of forecast errors in the budget can shed light on the credibility of the budgeting process Persistent bias in budgets undermines credibility, can create macroeconomic imbalances, and reduces private sector confidence