Fiscal Deficit Explained: Is It Strengthening or Weakening the Economy?

Unknown Apr 02, 2026 650 Views

Fiscal deficit is the gap between a government's revenue and expenditure, and for the world's economies, 2024 continues to pose concerns. While controlled deficits help to boost economic growth, uncontrolled deficits cause inflation, devaluation of the currency, and an increase in interes...