GENERAL GOVERNMENT


Meaning of GENERAL GOVERNMENT in English

A sector defined in the ESA 95 as comprising resident entities that are engaged primarily in the production of non-market goods and services intended for individual and collective consumption and/or in the redistribution of national income and wealth. Included are central, regional and local government authorities as well as social security funds. Excluded are government-owned entities that conduct commercial operations, such as public enterprises.

See also:

European Central Bank English Glossary.      Английский глоссарий Европейского Центрального Банка.