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The government expenditure in Egypt was $78 billion in 2021. Between 2018 and 2021, the government expenditure was highest in 2020 at $81 billion and lowest in 2018 at $67 billion. The government expenditure decreased by 3.8% on a YoY basis in 2021 and increased by 15.4% between 2018 and 2021.Egypt’s revenue expanded at a faster pace than expenditure, the net government debt as a percentage of GDP declined in 2021.
The government expenditure in Austria was $229 billion in 2021. Between 2018 and 2021, the government expenditure was highest in 2021 at $229 billion and lowest in 2018 at $214 billion. The government expenditure increased by 6.4% on a YoY basis in 2021 and increased by 3.6% between 2018 and 2021. The government’s expenditure increased mainly to mitigate the impact of the COVID-19 pandemic on the Austrian economy resulting in a widening of net government borrowing in 2020. The government expenditure increased by 6.4% in 2021, on the other hand, revenue collections increased by 8.5% with the resumption of business activities in 2021, resulting in a narrowing of net borrowing. Government spending refers to the general government sector, which is a consolidation of accounts for the central, state, and local governments plus social security. Total outlays are defined as current outlays plus capital outlays. Government expenditure is the total amount of public sector expenditure at any level, including central government, local government, etc. It is split into the following segments: defense, education, social protection, healthcare, and others.
Nissan is recalling more than 200,000 pickup trucks in the US because there is a possibility that they could leave park and roll away. Nissan Frontiers and Titans from the model years 2020 through 2023—a total of 203,223 vehicles—are the models that are impacted. Apparently, the number of Nissan vehicles manufactured collectively in the United States increased significantly this year 2022 when compared to the last year 2021, according to GlobalData. The transmission parking pawl, which stops the trucks from moving, might not engage when the trucks are in park, so they could roll away. Every time a vehicle is parked, owners are recommended to use the parking brake. According to Nissan, this voluntary recall campaign is distinct from the recall that was announced in June for specific pickup trucks. Over 180,000 Frontiers and Titans were recalled by the firm between 2020 and 2022 due to the same risk.