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Fiscal Policy

Fiscal Policy: Meaning, Objectives, Fiscal Imbalance, and Deficit Financing

Introduction Every government in the world plays a significant role in the economic development of its nation. This role is carried out not only through laws, policies, and regulations but also through its financial decisions related to revenue and expenditure. The two main instruments of economic management are monetary policy and fiscal policy. While monetary…

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Public Finance and Public Revenue

Public Finance, Public Revenue, and Tax Revenue: A Comprehensive Study

Introduction Economics is not only about markets and private enterprises; it is equally about the role of the government in mobilizing resources, spending them effectively, and influencing the economic structure of a nation. This role of the government is understood through Public Finance. Within public finance, two core concepts stand out—Public Revenue and Tax Revenue….

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