Group of 7 countries (G7) Compared by Economy > Government spending > Subsidies and other transfers > Current LCU
DEFINITION:
Subsidies and other transfers (current LCU). Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.
