弥补预算赤字 meaning in English

financing a budget deficit

To issue treasury bonds to fetch up budget deficit will lessen the fund supply from nongovernmental sector , drive the interest rate of finance market up , and lead to the atrophy of private investment , thus it cuts down on production
将其用之于指导我国实践，未必适当。笔者认为，政府为弥补预算赤字发行国债，会减少民间部门的资金供给，造成金融市场利率上升，导致民间投资的萎缩，进而降低产出。