The document defines a government budget as an annual financial statement showing estimated revenue and anticipated expenditure for a fiscal year. It notes there are two types of budgets: receipts and expenditures. The aims and objectives of a government budget are listed as economic growth, reducing poverty and unemployment, reducing inequalities and redistributing income, reallocating resources, and maintaining price stability and economic stability. The budget impacts include promoting fiscal discipline by controlling expenditures, allocating resources based on social priorities, and effectively delivering goods and services to achieve targets and goals.