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English definition of “Budget Day”

Budget Day

noun [S]     GOVERNMENT, ECONOMICS
in the UK and some other countries, the day when the government officially announces its plans for spending, taxation, etc. over the coming year: Customs and Excise changes usually kick in at midnight on Budget Day to prevent anyone stockpiling petrol and cigarettes.
(Definition of Budget Day noun from the Cambridge Business English Dictionary © Cambridge University Press)
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