Government deficit reduces public savings (=saving of the government).
Yet, the government can decide to finance the deficit by private savings (bonds, credit, 소액결제 현금화 정보 etc). In this case, a part of national savings can be used to finance the gov. budget deficit.
But this is not by definition, it is the action of the govenment.
Get In Touch
- +44 (0)1234 567890
- info@homeway.com