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23 January, 13:05

Which of the actions must be taken if a municipality wishes to raise its debt limit?

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  1. 23 January, 13:11
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    Public referendum

    Explanation:

    Public referendum

    Raising debt limit is not one side decision it always been bilateral decision between public and government. it is done to raise the treasury of government. it is yearly program which may be initiate on the basis of condition of municipality funds. therefore it need referendum from public side to decide whether to increase the debt limit or not
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