So how come government fund the Fiscal Deficit? Government can fund its Fiscal Deficit by the following ways: Extra taxation or impose of new excise duty. Print new currency as per the balance of payment surplus. Borrowing money from the domestic and global investors across the world by issuing government bonds and treasury bills. By […]Continue Reading... No Comments.
Fiscal Policy refers to the Government spending and income to run a country and support the growth. It mainly deals with the Budget allocation, Government spending, Government income, taxation, fiscal deficit, Government borrowings, current account deficit and surplus and trade deficit and surplus. All these terms will be explained in much detail. Let us first […]Continue Reading... No Comments.