Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Colombia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The real reason British Columbia is spending $9 billion on Site C Dam From a lookout high atop a windswept bluff, the scale of work already underway at the site of a third mega-dam across the Peace River is daunting. 2000s, BC made cuts from 2001 to 2004 and again after the 2008 reces - sion, leaving services unable to meet the needs of a growing population. • Provincial government spending as a share of the economy (or GDP) has declined significantly and by 2011/12, BC was spending 2.3 per cent of GDP (or $5 billion) per year less than we did in 2000/01. Government Spending. The government spending sector of aggregate demand refers to fiscal policy. Fiscal policy is the discretionary spending by government, such as transfer programs, infrastructure spending, purchases of goods and grants. It does not include monetary policy, which is the actions of the central bank to affect the nation's currency.