What is back-door financing?

What is back-door financing?Back-door financing, an American concept, is the practice of governmental borrowing from the US treasury over and above legislature-approved budgeted expenses. The government resorts to this form of financing to meet unforeseen expenses arising out of events such as natural calamities.

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National Philosophy Day: Date, History, Wishes, Messages, Quotes

National Philosophy Day: Date, History, Wishes, Messages, Quotes

National Philosophy Day: This day encourages critical thinking, dialogue, and intellectual curiosity, addressing global challenges …