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A national budget is crucial as it outlines a government's financial plan, detailing how resources will be allocated to various sectors such as healthcare, education, and infrastructure. It ensures accountability and transparency in government spending, allowing citizens to understand how public funds are used. Additionally, a well-structured budget helps in economic planning and development, guiding policies that can stimulate growth and address societal needs. Ultimately, it serves as a tool for fiscal discipline, helping to manage national debt and promote sustainable economic health.

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