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During an election year it is not practical for the ruling government or for the new government taking charge after the elections to prepare or debate on the full budget and pass it before the new financial year begins.
Hence, the outgoing government would announce an interim budget or vote on account in February which will be followed by a full budget by the new government in a few months' time after the elections.
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How do you use the word interim in a sentence?
An interim means an interval. There was a brief interim in the meeting while everyone got organized.
What is Interim UFC Champion?
Chuck LiDell is when he beat rampage and forest griffen in two back to back fights.
Was republican policies to do with the American boom in 1920?
Yes. The Budget and Accounting ct of 1921 which was passed by the Republican President Warren G. Harding. It created the Presidential budget director. The General account Office was created to assure federal oversight of the budget. Harding appointed Charles Dawes, known for being an effective financier, as the first director of the Bureau of the Budget. Dawes reduced government spending by $1.5 billion his first year as director, a 25% reduction, along with another 25% reduction the following year. In effect, the Government budget was nearly cut in half in just two years.
Why was the ad interim government forced to flee so many times?
becaause it was being pookish!
What word describes a budget that is tightly controlled?
A stringent budget.
