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Mar 6
1. Lower interest rates: Governments can typically borrow money at lower interest rates than individuals or businesses, which can save money on interest payments.
2. Economic stimulus: Public debt can be used to finance infrastructure projects, social programs, and other initiatives that stimulate economic growth and create jobs.
3. Stability and security: Public debt can provide a stable and secure source of funding for government operations, ensuring that essential services are maintained even during times of economic uncertainty.
4. Flexibility: Public debt allows governments to spread out the cost of large expenditures over time, rather than having to raise taxes or cut spending all at once.
5. Investment in the future: Public debt can be used to invest in education, healthcare, research and development, and other areas that can improve the long-term economic prospects of a country.
2. Economic stimulus: Public debt can be used to finance infrastructure projects, social programs, and other initiatives that stimulate economic growth and create jobs.
3. Stability and security: Public debt can provide a stable and secure source of funding for government operations, ensuring that essential services are maintained even during times of economic uncertainty.
4. Flexibility: Public debt allows governments to spread out the cost of large expenditures over time, rather than having to raise taxes or cut spending all at once.
5. Investment in the future: Public debt can be used to invest in education, healthcare, research and development, and other areas that can improve the long-term economic prospects of a country.
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