1. A state in which government revenues equal government expenditures, resulting in neither a surplus nor a deficit
The government aims to achieve budget equilibrium by reducing spending and increasing tax revenues.
O governo pretende alcançar o equilíbrio orçamentário reduzindo despesas e aumentando receitas fiscais.
2. In economics, the condition where planned aggregate expenditure equals aggregate income at a particular level of national income
Budget equilibrium occurs when total income and total spending are balanced in the economy.
O equilíbrio orçamentário ocorre quando a renda total e os gastos totais estão equilibrados na economia.