Another year, another budget and feedback

ANNUAL Budgets are a skilful exercise in the art of compromise. There is no perfect budget because every citizen cannot be pleased at any one time: different people can have vastly different needs and expectations.

A national budget is thus a yearly snapshot of public funding allocations. This is a revolving door through which official funds go out as disbursements earmarked for some areas, derived from revenues that come in as taxes from other areas.