The past two decades have seen an enormous proliferation in writings on economic development, planning, and programming. Equipped with the aggregative tools of economic analysis acquired since the Thirties, economists have searched for methods and policy measures by which to further economic development. In many developing countries the government has assumed the responsibility of pursuing a deliberate, rational, and consistent economic policy in achieving the objectives of development, in accordance with established priorities, by direct and/or indirect interventions into the performance of the economy. With this expanded role of the public sector, the budget has come to acquire an important role as a policy instrument, since it reflects the qualitative and quantitative aspects of public policy, and puts into effect public policy measures influencing economic activity.