Balance of payments is a systematic record or summary statement of accounts of all the major economic or trading transactions between a reporting country and the rest of the world, during a specific period, usually one year. Balance of payment is a summary of receipts (income) and payments (expenditure) of a country in the international accounts.

Control of Civil Service | The civil service is subject to various forms of control. Civil servants may be censured by the legislature, disciplined by the executive, overruled by the courts and criticised by the public.