TOZZIBLINKZ
VIP Contributor
Just like human beings the government of a particular country needs money to carry out various governmental and political activities or practices , but in most cases this morning is not available for disposal thereby causing the government to have no other choice than to borrow from other government parastatal and economics . When government suffet deficit budgeting it may consider the act of borrowing money in order to finance and handle such budget like financial huge capital projects etc . to be more elaborate below are some of the reasons why Government borrow :
* Government borrow in order to reduce burden on taxpayers , and the choose to borrow money in order to execute this proposed project .
* Government borrow in order to meet cost of national emergencies , this is so true Because government can embark on borrowing to be able to meet the cost of national emergencies such as war , drought , famine , and hurricanes .
* Government also borrow in order to provide employment opportunities , yes government borrow in order to finance or establish certain projects capable of generating employment opportunities for the people . They build industries , refineries , statutory companies , and other government regulating firms .
* Government borrow in order to reduce burden on taxpayers , and the choose to borrow money in order to execute this proposed project .
* Government borrow in order to meet cost of national emergencies , this is so true Because government can embark on borrowing to be able to meet the cost of national emergencies such as war , drought , famine , and hurricanes .
* Government also borrow in order to provide employment opportunities , yes government borrow in order to finance or establish certain projects capable of generating employment opportunities for the people . They build industries , refineries , statutory companies , and other government regulating firms .