* * *
public finance UK US noun GOVERNMENT, ECONOMICS
► [plural or U] (also public funds [plural]) the money that a government has available to spend from taxes and borrowing: »
Which country has been most successful in managing its public finances?
»public finance department/figures/forecasts
► [U] the management of government money: »
He is an economist who specializes in public finance and international debt.
Financial and business terms. 2012.