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(Laksana) Pad370 Tutorial Week 13
(Laksana) Pad370 Tutorial Week 13
Government debt, also known as public interest, public debt, national debt, and
sovereign debt in public finance, is the total amount of debt owing to lenders by a
government or sovereign state at a certain point of time.
Government revenues include all earnings received by the government, such as
taxes, customs duties, revenue from state-owned firms, capital revenues, and foreign aid.
Government Revenues are part of government budget balance calculation.