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Nigeria Economy - Educational Services - Nairaland

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The Contribution Of Agricultural Insurance To The Nigerian Economy / Impact Of Population Growth On The Nigeria Economy (2) (3) (4)

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Nigeria Economy by babatundeoni(m): 3:59pm On Aug 15, 2016
1). I read somewhere today that expenditure relates to government recurrent and capital expenditure and must be financed by Taxes and other sources such as grants and Borrowing. I want to ask. Must a country's expenditure or budget be finance by borrowing?

2). What are the implications if a country's budget is in surplus or deficit?

Waiting for your kind answers! Stay cool!

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