What is government deficit and why does it matter? Import duties – commonly referred to as tariffs – are charges levied on certain goods when they enter an economic territory. The 2008 System of National Accounts explains that they may be intended …

🆕 What is government deficit and why does it matter?

Our latest blog explores:
⚖️ What is and isn’t included in the fiscal balance
📏 Why % of GDP is the universal yardstick
💵 How #COFOG helps us to break down public spending

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#OECDStats

The corrosive fever was so pervasive statistics offices neglected the #cofog classification for decades www.ens.wiki/item:hashtag...
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