national budgets

Govt’s borrowing goes up amid falling revenue

The government’s dependence on borrowing to finance national budgets has increased over the past decade as revenue collection has failed to keep pace with the ballooning public expenditure.

June 25, 2023
June 25, 2023

Govt’s borrowing goes up amid falling revenue

The government’s dependence on borrowing to finance national budgets has increased over the past decade as revenue collection has failed to keep pace with the ballooning public expenditure.