How does the annual budget of a country affect businesses in that country?

[Kross]

I always see some business persons reacting either positively or negatively when the country passes budgets into law. Even very small businesses react to budget proposals by government. Does the budget of a country for a particular year have any direct effect on businesses? Or is it an indirect effect?

 

[King Belieal]

The budget of a country for a given year is the outlook of how the government wants to manage the economy for that year and it surely affects businesses. The budget can encourage or discourage consumers spending.

 

[Augusta]

Any country's annual budget significantly affects businesses influencing factors like it's taxation levels, government spending on infrastructure and key sectors, interest rates etc