<prompt> Hlalosa hore na fiscal deficit ke eng.nan  <response>: Instruction in English: Explain what a fiscal deficit is. . Response in English: A fiscal deficit refers to the situation where a governments spending exceeds its revenue within a given period, usually a fiscal year. In other words, it is the difference between the governments total expenditure and total receipts, excluding borrowings. To finance the deficit, the government may borrow from domestic or foreign sources, often by issuing securities such as treasury bonds, or through other means such as drawing on foreign exchange reserves. Large and persistent fiscal deficits may lead to an increase in public debt levels and may also have macroeconomic implications, such as higher interest rates and inflation. Therefore, managing the fiscal deficit is usually an important aspect of governments overall economic policy. . Response in Sesotho: Khaello ea lichelete e bolela boemo boo tšebeliso ea muso e fetang lekeno la eona nakong e itseng, hangata e le selemo sa lichelete. Ka mantsoe a mang, ke phapang lipakeng tsa kakaretso ea tšebeliso ea chelete ea muso le lirisiti kaofela, ho sa kenyeletsoe likalimo. Ho lefella khaello, muso o ka alima mehloling ea naha kapa kantle ho naha, hangata ka ho fana ka li-securities tse kang treasury bond, kapa ka mekhoa e meng e kang ho hula lichelete tsa lichelete tsa kantle ho naha. Likhaello tse kholo le tse phehellang tsa lichelete li ka lebisa keketsehong ea maemo a mekoloto ea sechaba hape e ka ba le litlamorao tsa moruo o moholo, joalo ka phaello e phahameng ea tsoala le ho nyoloha ha theko. Ka hona, ho laola khaello ea lichelete hangata ke ntlha ea bohlokoa ea leano la mmuso ka kakaretso la moruo. 