Borrowings

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August 25, 2024 3 min read Definitions
Public Debt: Borrowings by Governments to Finance Expenditures Not Covered by Current Tax Revenues
Economics Finance Government Finance Borrowings Public Expenditure Bonds Fiscal Policy
Public Debt refers to the total amount borrowed by governments to finance expenditures that exceed tax revenues, addressed through instruments like bonds, loans, and treasury bills.
Read more about Public Debt: Borrowings by Governments to Finance Expenditures Not Covered by Current Tax Revenues.

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