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To over the deficit, the government must borrow funds, so that it can meet its expenses in the current fiscal year, thereby fulfilling its obligations. When the government borrows funds, it adds to its debt.
The size of the government debt is related to whether it can balance its budget. The only way the Debt can decline is through a budget surplus that allows the government to pay off some of its previous borrowings .The government debt, which was about TK.12 thousand Corers at the end of 1999, has increased by over TK.6 thousand crore in 2000.If budget recur government debt continues to increase...
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