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What is the difference between recurrent expenditure and capital expenditure.

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Difference between recurrent expenditure and capital expenditures is;

  • Recurrent expenditure – refers to regular expenses incurred by the government in the provision of goods and services e.g. salaries, fueling gov‘t vehicles, servicing public debt etc.
  • Capital expenditure - refers to government spending that goes into financing specific projects such as construction of roads, railway lines, airports etc.
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