they dont have any
Governments in coastal West African countries may need to borrow money to finance infrastructure projects, social programs, or to cover budget deficits. Economic challenges or revenue constraints can also lead to borrowing. It allows governments to continue operating and investing in development despite limited fiscal resources.
yes state can borrow money from union and even outside the country
They don't want to raise their tax rates and also to spend more than what they have.
Borrow money and levy taxes
Countries around the world
grain
Borrow money and levy taxes
Concurrent powers
to be smarter
Governments raise most their funds through taxes and other revenue, and occasionally tax revenue is not enough for pay for the government taxes so as a result the government must borrow money by issuing bonds. A bond is a certificate stating that the government has borrowed a certain sum of money from the owner.
People of common traits with the ability to govern
The countries that Mexico owed money to are France, Spain, USA, and England.This is not the answer to "Why did Mexico borrow money from other countries" :/