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.
yes state can borrow money from union and even outside the country
Governments issue bonds to raise money for projects and expenses, such as infrastructure development or funding government operations. Bonds allow governments to borrow money from investors and pay them back with interest over a specified period of time.
The UK government in common with many first-world governments issue "gilt bonds" into the financial markets which return a fixed guaranteed interest.from the federal reserve.
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BORROW MONEY
yes state can borrow money from union and even outside the country
they dont have any
Borrow money and levy taxes
Borrow money and levy taxes
Concurrent powers
to be smarter
Governments issue bonds to raise money for projects and expenses, such as infrastructure development or funding government operations. Bonds allow governments to borrow money from investors and pay them back with interest over a specified period of time.
People of common traits with the ability to govern
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.
Money is CREATED by governments, not banks. They store money. Banks also EARN money by loaning money to people. People pay the banks back more money than they borrow (interest)
concurrent powers
Money market banks are a large financial service firm that offer commerical lending service. They lend and borrow from governments, banks and large corporations.