Excess budget expenditure over income. It may occur due to an increase in government spending, a reduction in budget revenues due to emergency situations, the inefficiency of the state system and the tax system, and/or corruption.
The budget deficit is considered to be a negative phenomenon as it leads to inflation and a decrease in the value of the national currency.
IMPORTANT: Please be informed, that our services are available for Professional Clients only. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.