Ways to stimulate the economy and reduce budget deficit

There are many ways for governments to mobilize economic activity  and expand the economic development. First ,  the government could buy shares and bonds in a mindful way from the market to encourage investment and boost confidence . Plan ways to spend in a smart efficient way and induce growth through more research and development to make technological breakthrough.

They could cut unnecessary expenses and spend on things that mobilizes productive projects whether commercial , industrial or agricultural or educational …

As an example , Promoting renewable energy and recycling garbage could promote economic growth…

Increasing productivity ( adopting new upgraded technology and training more employees on upgraded technology ) , using resources efficiently , and increasing the economic activity and enlargening the size of the economy increase the revenues of the government to make budget surplus and reduce public debt percentage with respect to GDP . Germany and Croatia are very good examples but not the only ones…

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