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Budget Forecast

Definition

Budget forecast, /ˈbʌdʒɪt ˈfɔːkɑːst/ (UK), /ˈbʌdʒɪt ˈfɔrkæst/ (US), is a projection or prediction of future financial conditions, revenues, expenditures, or outcomes within a budgetary framework.

Example

The BG economists’ budget forecast indicates potential revenue growth in the next quarter, allowing for strategic investment planning.