Net incurrence of liabilities; domestic (% of GDP) in China
The Net incurrence of liabilities; domestic (% of GDP) in China was 2.04 in 2009, according to a World Bank report, published in 2010. Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets (a third financing item). The difference between the cash surplus or deficit and the three financing items is the net change in the stock of cash.This page includes a historical data chart, news and forecasts for Net incurrence of liabilities; domestic (% of GDP) in China.
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World Bank Indicators - china - Government finance
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