Romania's general government budget deficit was around RON 145 billion or 7.65% of GDP last year under cash terms, larger than the 7.1% of GDP initial target and the 7.5% of GDP target set in July – ...
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Budget 2026: What is deficit financing and why is it important for developing countries like India?
Budget 2026: When a government needs to spend more than it earns, it turns to deficit financing. To cover this gap, it typically raises money by borrowing from the public through bonds or by printing ...
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