A public budget is a financial plan created by a government that outlines expected revenues and expenditures for a specific period, usually a year. It helps allocate resources to various sectors such as education, healthcare, and infrastructure. The budget reflects the government's priorities and is essential for maintaining economic stability and public services. The process of creating a public budget involves input from various stakeholders, including government officials, citizens, and interest groups. Once proposed, the budget is typically reviewed and approved by the legislative body, such as a parliament or congress, ensuring transparency and accountability in how public funds are used.