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Expenses Over Which the Director Has Some Measure of Control

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Expenses over which the director has some measure of control


Definitions:

Foreign Bonds

Bonds issued in a domestic market by a foreign entity, in the domestic market's currency.

National Debt

The total amount of money that a country's government has borrowed, through various means, and has not yet repaid.

Current Government Expenditures

The total spending by a government on goods, services, and debt interest within a given fiscal period, excluding capital expenditure.

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