How Government expenses over revenue?

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1195219

2026-05-19 12:56

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When government expenses exceed revenue, it results in a budget deficit. This situation can lead to increased borrowing, as the government may issue bonds or take loans to cover the shortfall. Persistent deficits can result in rising national debt, which may affect the country’s credit rating and economic stability. To address this imbalance, governments might consider cutting spending, increasing taxes, or implementing policies to boost economic growth.

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