What is Budget deficit?
Money & central banksWhen a government spends more than it collects in a year, and borrows the difference.
Think of it like: Spending more than your salary and using a loan for the rest.
Real example: EU rules ask members to keep deficits under 3% of GDP, and Indonesia's law sets the same 3% ceiling.
Lesson: What GDP counts Practise it now: Headline Reflex