Category Expenditure (in billions of 2020 Q2 NZ Dollars) Household final consumption 40.3 Government final consumption 15.7 Budget balance -3.8 Total investment 14.4 Change in inventories -3.6 Exports of goods and services 18.6 Imports of goods and services 16.5 Calculate Africa's private savings in the second quarter of 2020.

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Public Saving

Public saving deals with the amount which has been in excess after meeting all the obligatory expenses and investment of the government. Taxes are collected by the government to meet its day-to-day expenditures. The obligatory expenses include all those expenses which are mandatory for the government. It cannot be avoided as it is inevitable.