government borrowing Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “government borrowing” in the English Dictionary

"government borrowing" in Business English

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government borrowingnoun [C or U]

uk   us   GOVERNMENT, ECONOMICS
money that the ​governmentborrows to ​spend on ​publicservices: The ​governmentwants to ​pay for the ​taxcuts, new ​defencespending, and ​reforms of the ​healthsystem using more ​governmentborrowing. The ​funds we ​raise go directly to the Government to be ​invested in ​publicservices and to ​reducegovernment borrowings.cut/reduce/increase government borrowing He ​needs to be ​specific on whether he will or will not ​increasegovernmentspending and ​borrowing.
(Definition of government borrowing from the Cambridge Business English Dictionary © Cambridge University Press)
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