0 votes
in Revision by

What is the difference between recurrent expenditure and capital expenditure.

1 Answer

0 votes
by (135k points)

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.

Related questions

Welcome to Kenyayote Q&A, the largest community site in Kenya where you can ask any question and receive answers from Kenyayote staff and other members of the community.

Before you ask, search the website to make sure your question has not been answered.

If you are ready to ask, provide a title about your question and a detailed description of your problem.