+The **National Debt** is the total financial obligation of a [Sovereign State](/wiki/sovereign_state), representing money borrowed by its [Government](/wiki/government). It often arises from budget deficits, funding public services, or stimulating the economy.
+## See also
+- [Budget Deficit](/wiki/budget_deficit)
+- [Public Finance](/wiki/public_finance)
+- [Economy](/wiki/economy)
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