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Government faces larger deficit in mid-year budget update, signaling a "borrowing blowout."
The government is expecting a significant increase in borrowing, as indicated in the mid-year budget update.
This "borrowing blowout" suggests a larger deficit than initially forecasted, likely due to increased spending or reduced revenue.
The update provides a mid-year financial snapshot, highlighting the economic challenges the government is facing.
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El gobierno se enfrenta a un déficit mayor en la actualización del presupuesto a mediados de año, lo que indica un "brote de préstamos".