Definition of Public Treasury
Miscellanea / / July 04, 2021
By Cecilia Bembibre, in Dec. 2010
The concept of public treasury is a concept that comes from the economy and that is used to designate those resources or elements that a State (national or regional) has to face different activities, actions or measures that it seeks to carry out. The public treasury is made up of endless elements and is a mix of all income (which are carried out mainly through the collection of all types of taxes) and expenses (payments, investments, etc.).
The public treasury is undoubtedly one of the most important elements that a State can count on since it is what finances all the measures or projects that that State has for the country or region to govern. Thus, having a limited public treasury obviously means much less Liberty action and the possible permanent discontent of the population. At the same time, an excessively large public treasury can mean a loss of control over the use of resources as well as possible corruption.
As said, the public treasury is made up of all the resources that a State has to use and these resources can be present in coins of different types, but they can also be present in a symbolic way from the investments that the State makes in entities, in projects, etc. Thus, while a
entity supported by the State is no longer money, it does represent part of the public treasury because it has capital and resources from that State.The public qualification is used to mark that the treasure available to a country or a certain region is common to all the inhabitants of the same. It is appropriately managed by different leaders or officials elected (or perhaps not) by the people, but always the The public treasure is indisputably a possession of the people since it is he who contributes with his work, his effort and the compliance of the rights to form it.
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