Financial system
Public resources
Private resources
Public resources refers to the monetary resources which are used by public authorities to the execution of public sectors function in a determinated period of time.
GDP
In exceptional periods (like wars, revolutions ), for obtaining additional public revenue,State, appeals to national wealth and to the public property.
The system of public financial resources is determined by the structure of budgetary system of the State. It includes the financial resources materialized in :
The budget of the state The budget of state social insurance Local budgets Special extrabudgetary funds Funds of public institutions and enterprises with
public capital
According with economic content ,financial resources are divided in two big groups:
Public resources
Fiscal revenues
Loans Comercial revenue from capital Revenue from seles and services Payments from penalities Grants
Financial resources can be clasified by several criterias: Financial resources based on economic content
Resources with obligatory character
Tresury resources
Ordinary(curren t) resources:
income taxe State social security contribution Non-taxe revenue Exise Customs duty
Extraordinary resources:
Internal and external loans Grants and other transfers from abroad Issue of paper money in the paper money flow
Internal resourse:
Charges Taxes Internal donations Domestic loans Issue of paper money
External resources
External loans from foreign governments and other institutions
Demographic factors
Political and military factors