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What is the implication of political budgeting to national budgeting?
Wiki User
∙ 15y ago
what is the implication to the National budget what is the implication to the National budget
Wiki User
∙ 15y ago
Political budgeting can lead to budget decisions that may prioritize short-term gains over long-term fiscal stability. This can result in populist measures that may not be sustainable in the long run, leading to deficits and debt accumulation. It can also make it challenging to allocate resources efficiently and effectively based on the needs of the country rather than political considerations.
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